Lee Jae Eun, CEO of Everpia JSC said that, “This investment marks our first strategic partnership with a tech-based firm. As digitalisation takes place in various aspects for Vietnamese consumers, our partnership with Hyojung at its early stage will help us understand Vietnamese consumers on a deeper level.” … [Read more...] about Everpia JSC joins forces with Hyojung Soft Tech JSC to enrol fintech
Indian content-sharing platform ShareChat is in early-stage talks with U.S.-based Sequoia Capital and some other investors to raise up to $200 million, which could value the company at over $1 billion, three sources aware of the matter told Reuters. ShareChat has appointed JPMorgan to advise on the new fund raising which it expects to complete before the end of the year, said the sources, who declined to be named as the talks were private. The discussions come as Indian apps such as ShareChat are seeing a popularity surge after New Delhi in June banned 59 Chinese origin apps including ByteDance's TikTok following a border clash between the two countries. ShareChat, in which Twitter last year invested an undisclosed amount, declined to comment. It has 140 million monthly active users in India. JPMorgan declined to comment, and a spokeswoman for Sequoia in India did not respond to Reuters questions. ShareChat allows users to post content in 15 Indian languages and after TikTok … [Read more...] about ShareChat in talks with Sequoia, others to raise up to $200 million: Sources
Results published May 22 in The Lancet showed most of the people dosed with the vaccine had immune responses, although their levels of antibodies thought to neutralize the virus were relatively low. Researchers saw a stronger ramp-up of other immune compounds, called T-cells, that might also help fight the infection off. … [Read more...] about How two professors leading Oxford University’s coronavirus trial and Chinese tech giant Huawei could profit if the experimental jab is proven to work
Claim: As well as offering SPF50 protection that lasts for 80 minutes, this sunscreen is said to have special technology which makes its protective veil ‘even stronger as it comes into contact with water and perspiration’. … [Read more...] about Can a high-tech headband really help you beat the heat – or are these other products a cooler option to tackle this week’s heatwave?
Alphabet unit Google's bid to take on Apple and Samsung in the wearable technology market by buying Fitbit hit a hurdle as EU antitrust regulators launched an investigation into the $2.1 billion deal. The move by the European Commission came despite Google's pledge last month not to use the fitness tracker's data for advertising purposes in a bid to address competition concerns. The EU antitrust enforcer said the data pledge was insufficient to allay its worries. "The proposed transaction would further entrench Google's market position in the online advertising markets by increasing the already vast amount of data that Google could use for personalisation of the ads it serves and displays," the Commission said. It singled out online search and display advertising services and ad tech services, where analytics and digital tools are used in digital advertising, as two areas that would be affected by the deal. It said data collected via wrist-worn wearable devices appeared to be … [Read more...] about Google’s $2.1 billion Fitbit deal hits roadblock as EU opens probe