LuneX Ventures, the $10M fund founded by Singapore's Golden Gate Ventures, will invest in blockchain startups, security providers and cryptocurrency exchanges.
On Friday, mobile chipmaker Qualcomm had finally agreed with Taiwanese regulators to settle a competition case for $93M and, in addition to that, invest nearly $700M into local economy over the upcoming five years.
The Reserve Bank of Australia anticipated solid economic growth in 2018 and next, but still doubted that inflation would reach the target's mid-point even in 2020, which was a reason for unchanged rates for some period.
Tesla's shares fell nearly 5%, wiping out the gains fueled by the CEO Elon Musk's intention to take the business private, following reports of regulators' concern and doubts over possibility of the deal.
The Japanese economy expanded more than anticipated in the Q2, supported by strong business and household spending, though global trade tensions loom, being the main risks to the investment and export outlook.
Online file storage company Dropbox signed up increased number of paying subscribers in the June quarter than Wall Street anticipated.
The blockchain firm Soluna is set to construct a 900MW wind farm with the cost of $2.5B in Morocco in order to power its computing centre in Dakhla.
Shares of the electric car manufacturer Tesla Inc fell 5% on Thursday due to Wall Street being sceptical about the CEO Elon Musk taking the company private.
The US-based conglomerate Tribune Media Co has terminated its merger contract with Sinclair Broadcast Group worth $3.9B and sued the rival for a breach of contract.
The German industrial group Thyssenkrupp told media on Thursday that reorganisation in the company could not be achieved without job cuts.
The Federal Reserve of Atlanta has decreased its growth forecast for the US economy to 4.3% in the third quarter of 2018, compared to the previous estimate of 4.4%.
The Economy Minister of Mexico said the country wanted to end bilateral trade negotiations with the US before Canada returned to the table with NAFTA talks.
The President of BGA trade association Holger Bingmann said on Thursday that US policies were negatively affecting the German foreign trade, especially individual companies.
Samsung Electronics Co Ltd launched on Thursday the new gamer-friendly Galaxy Note 9 that is said to offer quick cooling system and longer battery life.
The Russian Foreign Ministry said on Thursday that the new US sanctions against Russia were illegal and that retaliatory measures would be imposed.
The Turkish Lira fell to a record low against the US Dollar on Thursday in response to the growing tensions between Turkey and the United States.
The Department of Labour reported on Thursday that the US unemployment claims fell to 213k last week, thus showing the growing strength of the US labour market.
The Commerce Department reported on Thursday that the US wholesale inventories increased by 0.1% in June, compared to the market estimate of 0.00%.
Estonia's ride-sharing service Taxify is planning to make an investment in East Africa worth millions of euro within the following five year, betting on motorcycles and motorised rickshaws.
The Israeli businessman Avihai Stolero and the state-owned firm Rafael Advanced Defense Systems have made a takeover proposal worth $117M for the country's drone company Aeronautics.
Tribune Media has halted its $3.9B deal to be taken by Sinclair Broadcast and filed a lawsuit, following regulators' objections to the takeover.
American Medical Association called on the US Justice Department to halt the plans of CVC Health to acquire the insurance provider Aetna, claiming their merger deal could be valued at higher prices for the prescription medicines.
Algar Telecom SA and American Tower Corp have acquired the telecom assets of the Brazilian broadband network of Cemig this Wednesday.
UnitedHealth Group has signed a deal to acquire Genoa Health, the specialty pharmacy operator, from the private equity group Advent International, according to the Axios news website.