April 09, 2024
Basemark Raises $23 Million For Augmented Reality Automotive Software
Augmented reality (AR) software firm Basemark has raised $23 million in a new funding round. Based in Helsinki, Finland, Basemark makes augmented reality (AR) tools that help automotive original equipment manufacturers...
April 09, 2024
Microsoft to Invest $2.9 Billion for AI Projects in Japan
Microsoft will invest $2.9 billion for artificial intelligence projects in Japan. The investment will go toward expanding Microsoft’s cloud and AI infrastructure in the country, training 3 million people in...
April 08, 2024
Japanese Discount Retailers Expand Across US Amid Demand for Affordable...
Amid ongoing budget pressures, United States shoppers are seeking affordable ways to treat themselves, fueling demand for the novel but low-cost products that Japanese discount stores have to offer. Japanese...
April 08, 2024
Alibaba Offers Deep Cloud Discounts Amid AI Boom
Chinese conglomerate Alibaba is reportedly offering steep price cuts to its cloud customers. These markdowns — as high as 59% and aimed at customers from the U.S. to Singapore — come amid a leap...
April 07, 2024
The Challenges of Shifting Landscapes
By Brad Staples & Rachel Brandenburger1 Introduction Businesses are facing unprecedented challenges. Changes in the geopolitical landscape call into question (and even reverse) many of the key assumptions that...
April 03, 2024
Central Banks and BIS Test Tokenization to Speed Cross-Border Payments
Tokenization is gaining momentum on the global stage, and with commercial applications. The Bank for International Settlements announced Wednesday (April 3) that it is working in tandem with seven central banks —...
April 03, 2024
Travelex Brings ‘Click-and-Collect’ FX Service to Hong Kong
Foreign exchange brand Travelex says it has launched its online click-and-collect service in Hong Kong. The new offering, announced Wednesday (April 3), lets customers purchase their travel cash in advance online, reserving...
April 01, 2024
Rakuten Could Combine Bank and FinTech Operations
Japanese conglomerate Rakuten is considering merging its financial operations into one unit. The plan, announced Monday (April 1), would consolidate the company’s bank, insurance, securities, and card company and other...
March 31, 2024
Japan and EU to Collaborate on Next-Generation Chips and Batteries,...
In a bid to reduce their dependence on China for crucial materials, Japan and the European Union are set to commence discussions on collaborating on advanced materials for next-generation chips...
