MicroStrategy, a software company based in Tysons Corner, Virginia, has been making waves in the cryptocurrency world with its significant bitcoin purchases. Led by CEO Michael Saylor, the company embarked on a 12-week buying streak starting in late October, amassing over US$20 billion worth of bitcoin. This move catapulted MicroStrategy’s total holdings to approximately US$44.7
In the bustling tech world of Taiwan, a recent groundbreaking event has set the stage for significant growth and potential challenges. Let’s delve into the details of how the Taiwanese government and tech executives engaged in vital discussions concerning tariff challenges, shedding light on the intricate dynamics at play. **Exploring TSMC’s Momentous Move** Picture this:
In the realm of tech acquisitions and mergers, a recent proposal has caused quite a stir. The CEO of AppLovin, a prominent adtech firm, has set his sights on acquiring none other than global sensation TikTok. Yes, you heard it right! The popular video-sharing platform that has taken the world by storm is now at
In the bustling streets of Bengaluru, a fashion revolution is taking place, led by the dynamic trio behind Slikk Club – Akshay Gulati, Om Prakash Swami, and Bipin Singh. This innovative startup has been making waves in the Indian fashion scene since its inception in 2024, offering swift deliveries of trendy apparel within just 60
Indonesia, a country with a rich tapestry of culture and resources, is embarking on a groundbreaking economic journey. President Prabowo Subianto is spearheading the creation of Danantara, a national investment agency aimed at revolutionizing the management of multibillion-dollar state-owned assets. President’s Vision President Prabowo’s vision for Danantara goes beyond mere restructuring; it represents an ambitious
StubHub, a prominent online ticket resale marketplace, found itself at a crossroads as it grappled with the decision to delay its Initial Public Offering (IPO) on the New York Stock Exchange. The company’s move to postpone its IPO was a strategic response to unfavorable market conditions that threatened to impact its potential debut. The journey
Since 2006, Tech in Asia has been on a mission to unravel the intricate web of mergers and acquisitions (M&As) that shape Southeast Asia’s business terrain. In a region where groundbreaking purchases and deal counts are skyrocketing, understanding the latest trends is crucial. So, grab a cup of coffee as we embark on an exhilarating
Amidst the dynamic landscape of the food tech industry, Zomato, a prominent Indian company known for its food delivery services, recently witnessed a significant shakeup. The focus of attention? The resignation of the company’s chief operating officer. The departure of such a high-ranking executive naturally sparked curiosity among industry insiders and observers alike. What could
Meta Platforms, the tech giant behind Facebook, Instagram, and WhatsApp, is making headlines with its groundbreaking $837 million investment in constructing a state-of-the-art data center in the United States. This move comes as part of Meta’s strategic initiative to bolster its capabilities in artificial intelligence (AI) technology. Meta’s AI Chip Innovation Amidst growing competition and
In the fast-paced world of tech startups, it’s easy to get caught up in the whirlwind of news and trends. But amidst all the buzz and chatter, there are underlying truths that often get overshadowed. Jussi Salovaara, the managing partner and co-founder of Antler, a global early-stage VC firm, has been at the forefront of