Hong Kong startup ICW eyes supply chain diversification demand amid trade war

For American importers, finding suppliers these days can be challenging not only due to COVID-19 travel restrictions. The U.S. government’s entity list designations, human rights-related sanctions, among other trade blacklists targeting Chinese firms have also rattled U.S. supply chains. One young company called International Compliance Workshop, or ICW, is determined to make sourcing easier for […] Continue reading Hong Kong startup ICW eyes supply chain diversification demand amid trade war

Extra Crunch roundup: Digital health VC survey, edtech M&A, deep tech marketing, more

Speaking as an unvaccinated urban dweller: I’d rather speak to a nurse or doctor via my laptop than try to remain physically distanced on a bus or hailed ride traveling to/from their office. Continue reading Extra Crunch roundup: Digital health VC survey, edtech M&A, deep tech marketing, more

Salesforce leads $15M investment in Indian HR tech platform Darwinbox

Darwinbox, which operates a cloud-based human resource management platform, has raised $15 million in a new financing round as the Indian startup looks to further expand in the country and Southeast Asian markets. The new round — a Series C — for the Hyderabad-headquartered startup was led by Salesforce Ventures, the venture arm of the […] Continue reading Salesforce leads $15M investment in Indian HR tech platform Darwinbox

Facebook says it disrupted cyber-espionage in Vietnam, Bangladesh

Facebook says it has uncovered plots by two hacking campaigns to “abuse our platform, distribute malware and hack people’s accounts,” one originating in Vietnam, the other in Bangladesh. In a blog post late Thursday, two cybersecurity officials from the social media giant pinned the Vietnam-based activity on APT32, the advanced persistent threat group also known as Ocean Lotus. In Bangladesh, the perpetrators appear to be two largely unknown “non-profit” groups, Facebook says. “The operation from Vietnam focused primarily on spreading malware to its targets, whereas the operation from Bangladesh focused on compromising accounts across platforms and coordinating reporting to get targeted accounts and Pages removed from Facebook,” wrote Nathaniel Gleicher, the company’s head of security policy and Mike Dvilyanski, its cyberthreat intelligence manager. APT32’s efforts involved a Vietnamese IT company, the researchers said, making it the latest example of hacking groups using corporate disguises. In early November, cybersecurity company Volexity […]

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Warren gets $1.4 million to help local cloud infrastructure providers compete against Amazon and other giants

Started as a side project by its founders, Warren is now helping regional cloud infrastructure service providers compete against Amazon, Microsoft, IBM, Google and other tech giants. Based in Tallinn, Estonia, Warren’s self-service distributed cloud platform is gaining traction in Southeast Asia, one of the world’s fastest-growing cloud service markets, and Europe. It recently closed […] Continue reading Warren gets $1.4 million to help local cloud infrastructure providers compete against Amazon and other giants

Intel agrees to sell its NAND business to SK Hynix for $9 billion

SK Hynix, one of the world’s largest chip makers, announced today it will pay $9 billion for Intel’s flash memory business. Intel said it will use proceeds from the deal to focus on artificial intelligence, 5G and edge computing. “For Intel, this transaction will allow us to to further prioritize our investments in differentiated technology […] Continue reading Intel agrees to sell its NAND business to SK Hynix for $9 billion

Emerging countries will adopt 5G faster than expected

Emerging markets have always been behind developed countries in adopting the latest generation mobile networks, with a few exceptions. While it would be safe to assume that emerging markets would also lag in 5G adoption, global tech market advisory fir… Continue reading Emerging countries will adopt 5G faster than expected

Canalys: Google is top cloud infrastructure provider for online retailers

While Google Cloud Platform has shown some momentum in the last year, it remains a distant third behind Amazon and Microsoft in the cloud infrastructure market. But Google got some good news from Canalys today when the firm reported that GCP is the number one cloud platform provider for retailers. Canalys didn’t provide specific numbers, […] Continue reading Canalys: Google is top cloud infrastructure provider for online retailers

Amazon inks cloud deal with Airtel in India

Amazon has found a new partner to expand the reach of its cloud services business AWS in India, the world’s second largest internet market. On Wednesday, the e-commerce giant announced it has partnered with Bharti Airtel, the third-largest telecom operator in India with more than 300 million subscribers, to sell a wide-range of AWS offerings […] Continue reading Amazon inks cloud deal with Airtel in India