January 2021 – Page 19

NYSE reverses plans to delist China’s three big telcos

In an unexpected turn, the New York Stock Exchange said Monday that it no longer intends to delist China’s three major telecoms operators, a decision that was originally announced on…

lecrab 5 January 2021

Technology News

Alibaba shuts down 12-year-old music streaming app Xiami

Using Xiami was once synonymous with having good music taste in China. The music app, which debuted around 2008 and was acquired by Alibaba in 2013, is discontinuing its streaming…

lecrab 5 January 2021

Technology News

TrendForce expects the smartphone market to slowly recover in 2021, but Huawei won’t benefit

After a dismal year, the global smartphone market will slowly start recovering in 2021, predicts TrendForce. But Huawei won’t benefit and, in fact, will fall out of the research firm’s…

lecrab 5 January 2021

Technology News

Silicon Valley Bank just made an even bigger push into wealth management

SVB Financial Group agreed today to buy Boston Private Financial Holdings in Boston for $900 million in cash and stock. It’s a big deal for SVB, which has earned a…

lecrab 5 January 2021

Technology News

Jack Ma’s absence from public eye sparks Twitter discussions

The world’s attention is on Jack Ma’s whereabouts after reports noted the billionaire founder of Alibaba and Ant Group had been absent from public view since late October. On October…

lecrab 5 January 2021

eSports

Misfits Gaming Group joins forces with ASUS ROG

Global esports and entertainment company Misfits Gaming Group (MGG) has entered into a partnership with gaming hardware company ASUS Republic of Gamers. The ten-month-long agreement will see ASUS ROG become the official…

lecrab 4 January 2021

eSports

Rogue unveils rebranding ahead of 2021 LEC Spring Split

Ahead of the 2021 League of Legends European Championship (LEC) Spring Split, esports organisation and ReKTGlobal subsidiary, Rogue, has unveiled its latest rebranding. According to a press release by the esports…

lecrab 4 January 2021

Technology News

India’s CRED raises $81 million, buys back shares worth $1.2 million from employees

Bangalore-based CRED is kickstarting the new year on a high note. The two-year-old startup, led by high-profile entrepreneur Kunal Shah, said on Monday it has raised $81 million in a…

lecrab 4 January 2021

Technology News

Tesla’s China rival Xpeng to use lidar sensors from DJI affiliate Livox

The battle is heating up between Tesla and its Chinese challenger Xpeng as the latter makes clearer its stance on the future of autonomous driving. Over the weekend, Xpeng, which…

lecrab 4 January 2021

Technology News

Known for 5G mmWave testing solutions, Taiwan’s TMYTEK sets its sights on base stations

TMYTEK recently raised a Series A+ round of about $10 million for products that make it easier to test 5G millimeter wave equipment. So far, the company’s clients include KDDI,…

lecrab 4 January 2021