Fintech

KKR to invite Saudi wealth fund to back telecom Italia bid

KKR & Co. has reached out to Saudi Arabia’s sovereign wealth fund as it seeks…

New information from Niko Partners: Saudi Arabia, UAE, and Egypt together will have 85.8 million gamers and expects $3.1 billion in games revenue by 2025

Niko Partners, market research and consulting firm covering video games, esports, and streaming in Asia,…

Kenyan mobile money application Alvin raises $740k in pre-seed funding

Kenyan startup Alvin, a smart money manager app that helps people align their daily spending…

Google buys Israeli security startup Siemplify for $50million

Alphabet Inc-owned Google said its cloud division had acquired Israeli cybersecurity startup Siemplify, as the…

Tesla’s vehicle deliveries surge over 80%; projected to hit 1.5mln in 2022

Tesla, an American electric vehicle and clean energy company, is projected to deliver 1,544,402 vehicles…

AIMMO raises $12M Series A to advance data labeling technology

Most artificial intelligence models are trained through supervised learning, meaning that humans must label raw…

Apple becomes first company to reach $3 trillion market value

Apple Inc became the first company with a $3 trillion stock market value, lifted by…

Big Tech market $2.5 trillion in value in 2021

Google’s parent company rose 65 percent in 2021, making it the top performer. Big tech-powered…

India: Unicorns in the spotlight amid startup, technology boom in 2021

In 2021, 44 Indian unicorns – privately-held startups valued at more than $1bn – were…

Abu Dhabi’s Multiply Group set to invest $75m in visual content creator Getty Images

Abu Dhabi-based tech-focused holding company Multiplay Group has signed an agreement to invest 275 million…