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NanoBridge Semiconductor, Inc. secures series A financing from Japan Industrial Partners and NEC for launching full-scale business

ruth
4 minutes

TOKYO, Dec 2, 2020 - (JCN Newswire) - NanoBridge Semiconductor, Inc. (NBS), which designs and manufactures advanced circuits and conducts IP-licensing sales using NanoBridge(1), a resistance-change switching technology for semiconductors, today announced that it has issued series A preferred stock to Japan Industrial Partners, Inc., NEC Corporation (TSE: 6701), and other companies to raise approximately 130 million yen.NBS is a venture company established by NEC researchers in September 2019. NanoBridge is a technology to control the creation or destruction of nanometer sized metal bridges in a solid electrolyte through the application of voltage, thereby realizing on and off-switch status. It is attracting attention as an ideal technology for FPGA(2) and memories that can repeatedly rewrite circuits. This is because NanoBridge consumes less power, as it does not require power to maintain an on or off status, and is highly resistant to both radiation and extreme temperatures. NEC has an established history of promoting the commercialization of NanoBridge, and decided to transfer NanoBridge-related intellectual property to NBS and conduct a spin-off in order to further drive the gro...

SeaPRwire
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Probation for second youth linked to SG Nasi Lemak chat group that hosted upskirt images

aseanpr
2 minutes

SINGAPORE - A second youth linked to the SG Nasi Lemak Telegram chat group which hosted upskirt images of women in Singapore has been dealt with. The 18-year-old boy, who pleaded guilty on Oct 21 to being in possession of 59 obscene films, was on Wednesday (Dec 2) sentenced to a year's probation. The clips were found on his mobile phone. The youth cannot be named, as he was 17 years old when he committed the offence in October last year. The Children and Young Persons Act covers young people below 18. As part of his sentence, the teenager has to remain indoors from 10pm to 6am every day and perform 40 hours of community service. His parents were bonded for $5,000 to ensure his good behaviour. Justin Lee Han Shi, another youth linked to the chat group, was sentenced to a year's probation in October. The 20-year-old had admitted to being in possession of more than 400 obscene films last year. The cases involving two other alleged offenders - Leonard Teo Min Xuan, 27, and Liong Tianwei, 38 - are still pending. The group had about 44,000 members when it was active, and used the platform to share obscene photos and videos of women in Singapore. Officers from Ang Mo Kio Police Division h...

ACN Newswire
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Tiger Broker Singapore’s Parent Company UP Fintech Sees 1 Million Customers Worldwide, Driven by More Than Triple Increase in Quarterly Account Openings in Singapore

indie
7 minutes

SINGAPORE, Dec 2, 2020 - (ACN Newswire) - Xiaomi-backed Tiger Brokers Singapore today announced a 3-fold momentous growth in account openings during 3Q 2020 as compared to 2Q 2020. Tiger Brokers Singapore also saw an increase in trading value by 540 per cent as compared to 2Q2020. The Technology and Electronic Vehicles (EV) sectors has seen the most amount of interest with demand for companies such as APPLE, TESLA, NIO, due to investors' positive expectations for the companies in the long run. This growth was driven by an increased interest in investing during this period, due to a digitally-driven lifestyle cultivated during the pandemic where more Singapore investors tried online trading. A recent report (e-Conomy SEA 2020) showed a regional trend towards the digitalisation in finance, where Investment Assets under management in the region is expected to grow to US$84 billion in 2025 at a Compound Annual Rate Growth (CAGR) of 32 per cent. The online trading platform launched in February this year, and 30 per cent of its users in Singapore aged between 18-24 years old.Tiger Brokers Singapore also enhanced their platform during this period, providing access to top exchanges around ...

SeaPRwire

Retail cornerstones fall in Britain, pushed by fast fashion and pandemic

elean
5 minutes

LONDON (NYTIMES) - The British department store Debenhams can trace its history back 242 years to a shop on Wigmore Street in central London. On Tuesday (Dec 2), it finally succumbed to the pressures of 21st-century e-commerce. After more than a year of restructuring and several months of trying to find a buyer, the company said it would begin shutting down. Debenhams is the second big retailer to topple in two days, after Arcadia Group, which owns brands including Topshop and Miss Selfridge, filed for bankruptcy protection on Monday. The two are also linked because Arcadia's brands have a big footprint in Debenhams, with sections set aside for their clothes. And so, as Christmas lights flicker above the sidewalks in Britain's downtowns and as the busiest shopping period of the year begins after a monthlong lockdown in England, the nation is watching two of its largest retailers fall. They have about 25,000 employees between them. More bankruptcies are expected, as the lockdowns have relentlessly exposed the retailers that have failed to pick up on customers' willingness to shop online. "The retail house of cards on the high street is in danger of collapse," said Susannah Streeter,...

SeaPRwire
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Hewlett Packard Enterprise becomes latest tech firm to leave Silicon Valley

elean
4 minutes

SAN JOSE, CALIFORNIA (BLOOMBERG) - Hewlett Packard Enterprise (HPE), formed from one of the founding companies of Silicon Valley, plans to relocate its headquarters to Houston from San Jose, California, following years of waning technology-industry dominance that came with the rise of newer businesses focused on mobile and internet-based computing. The company said it was already building a "state-of-the-art" new campus in Houston, the fourth-largest US city. HPE also reported quarterly revenue that topped analysts' predictions, suggesting that businesses are upgrading their data-centre hardware during the coronavirus pandemic. The pandemic, with its work-from-anywhere arrangements, has given a number of tech companies an excuse to exit California, known for its high cost of living, hefty taxes and difficult commute. But HPE's move is particularly notable because Hewlett-Packard, which was founded in 1939 in a Palo Alto garage, was one of the original Silicon Valley success stories, said CNBC. Data analytics software company Palantir Technologies moved its headquarters to Denver, Colorado from Palo Alto, California, earlier this year, CNBC reported. Dropbox CEO Drew Houston also re...

SeaPRwire
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UK retail collapses of Debenhams and Arcadia threaten 25,000 jobs in 24 hours

elean
5 minutes

LONDON (BLOOMBERG) - The UK retail industry suffered one of the harshest blows yet after two of the country's best-known retailers collapsed, putting 25,000 jobs at risk in less than 24 hours. Debenhams said on Tuesday morning (Dec 1) it's preparing to close its doors for good after failing to find a buyer. Late on Monday, Philip Green's Arcadia Group, which owns brands including Topshop and Dorothy Perkins, began insolvency proceedings. Both retailers have anchored malls and main streets across Britain for decades and operate about 600 stores combined. UK retailers have suffered a double whammy: the pandemic hit as many were struggling to adjust to online competition. The industry is set to lose 235,000 retail jobs this year, according to the Centre for Retail Research. The failure of Arcadia and Debenhams is "truly devastating" in a country where main streets are being increasingly hollowed out, said Richard Lim, chief executive officer of Retail Economics, a consultancy. "We cannot overstate the significance of the collapse given the vast property portfolio, number of jobs impacted and the reverberations felt across the industry." The UK government stands ready to support employ...

SeaPRwire
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S&P 500, Nasdaq end at records on coronavirus vaccine, stimulus hopes

elean
3 minutes

NEW YORK (AFP) - Major US stock indices closed at records again on Tuesday (Dec 1) as optimism over potential coronavirus vaccines and revived stimulus talks in Congress offset worries about rising Covid-19 cases. All three major indices won solid gains, with the broad-based S&P 500 ending at 3,662.45, up 1.1 per cent, topping last week's record. The tech-rich Nasdaq Composite Index gained 1.3 per cent to finish at 12,355.11, also a record, while the Dow Jones Industrial Average climbed 0.6 per cent to 29,823.92. The market was back in rally mode after pausing Monday when equities finished lower. The European Medicines Agency said it would hold an extraordinary meeting on December 29 "at the latest" to consider emergency approval for a vaccine developed by Germany's BioNTech and US giant Pfizer. The announcement further advances the timeframe to finally bring the pandemic under control after it has dragged down the global economy. France plans to prioritise the most fragile and exposed groups to receive the vaccine in early 2021, followed by a second campaign for the rest of the population between April and June, President Emmanuel Macron announced. "For the first time since the pa...

SeaPRwire

CapitaLand divests 3 malls, office building for $448.7m

elean
3 minutes

CapitaLand has divested three malls in Japan and an office building in South Korea for a total of $448.7 million, as part of its ongoing portfolio reconstitution strategy, it said yesterday in an exchange filing. The real estate giant also announced it has made its first foray into Japan's logistics sector, entering into a joint venture with Mitsui & Co Real Estate, with CapitaLand as the majority partner, to develop and operate a logistics project in Greater Tokyo. The divested properties in Japan are La Park Mizue and Vivit Minami-Funabashi in Greater Tokyo, as well as Co-op Kobe Nishinomiya Higashi in Greater Osaka, which were sold for a total of 21.99 billion yen (S$283.6 million). It also divested Icon Yeoksam in Seoul for 142.2 billion won (S$165.1 million) in August. The office building was held through a private fund, Ascendas Korea Office Private Real Estate Investment Trust (Reit) 5. CapitaLand remains the asset manager of Icon Yeoksam and will continue to receive fee income. The group said the divestments were done above valuation, and the buyers are unrelated third parties. Post-divestment, CapitaLand will retain $3.8 billion of assets under management (AUM) in Japan an...

ACN Newswire
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Fifth Belt and Road Summit draws to successful close

indie
7 minutes

HONG KONG, Dec 1, 2020 - (ACN Newswire) - The fifth Belt and Road Summit, jointly organised by the Government of the Hong Kong Special Administrative Region (HKSAR) and the Hong Kong Trade Development Council (HKTDC), drew to a successful close today. In response to the COVID-19 pandemic, this year's summit was changed to an online broadcast. With the new virtual platform helping to overcome geographical boundaries, more than 6,000 participants from about 80 countries and regions attended the event.Under the theme "A Business Vision for a Sustainable and Inclusive Future", the fifth Belt and Road Summit brought together more than 6,000 participants from about 80 countries and regions.Under the theme "A Business Vision for a Sustainable and Inclusive Future", the two-day summit featured more than 80 government and business leaders from countries and regions along the Belt and Road, along with investors from Mainland China, the Asia-Pacific region, Europe, the Middle East and Africa, as well as project owners and professional investment advisers, who all came together to discuss the latest developments driven by the Belt and Road Initiative.Investment projects drive geographical conn...

ACN Newswire
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Autumn Sourcing Week | ONLINE attracts 27,000 buyers

indie
6 minutes

HONG KONG, Dec 1, 2020 - (ACN Newswire) - The HKTDC Autumn Sourcing Week | ONLINE (ASWO) exhibition, organised by the Hong Kong Trade Development Council (HKTDC), drew to a successful close on 27 November. The online exhibition featured more than 2,600 exhibitors and attracted more than 27,000 buyers from 132 countries and regions to participate. In addition to Hong Kong buyers, others came mainly from India, Indonesia, Japan, Korea, Mainland China, Malaysia, Pakistan, the Philippines, Taiwan, the United Arab Emirates and the United States.Benjamin Chau, Deputy Executive Director, HKTDC, said the number of exhibitors and buyers at HKTDC Autumn Sourcing Week | ONLINE (ASWO) doubled and grew more international compared to Summer Sourcing Weeks | Go ONLINE held in July.9,000+ video meetings during ASWO, allowing business partners to continue generating opportunities in the face of the pandemic.Highlights of "Eco Asia Conference", powered by the Environment Bureau of HKSAR, included progress on environmental protection work in the Greater Bay Area and insights into implementation of the United Nations' Sustainable Development Goals.More than 9,000 online business matching meetings conc...

ACN Newswire
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Wintermar Offshore (WINS:JK) Celebrates 10th Anniversary of IDX Listing

indie
3 minutes

JAKARTA, Dec 1, 2020 - (ACN Newswire) - Wintermar is pleased to commemorate the 10th anniversary of its status as a public company listed on the Indonesian Stock exchange. The Company has transformed in 10 years into a leader in the Indonesian offshore vessel industry, with experience in over 13 countries, and is now ranked amongst the top 10 Offshore Companies in Asia Pacific by Clarksons Research.Building Quality and SustainabilityThe Management's efforts to build a sustainable company based on the Core Value of Integrity has been recognized by the strong support of international and multinational clients. Wintermar's ability to compete in international markets is the fruit of years of building up a strong internal management system to uphold high standards of quality, safety and care for the environment. In 2019, Wintermar became a signatory of the Brunei Energy Industry Integrity Pact, joining leaders in the energy industry in the commitment to and promotion of ethical practices. In 2020, the Company achieved the ISO 45001: 2018 certification for Occupational Health and Safety management system and issued the first standalone Sustainability Report 2019 which outlines and highli...

SeaPRwire
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Successful Conclusion of KOBITA Online Business Conference to Develop Overseas Export Channels for Domestic Beauty Companies

pandora
4 minutes

Seoul, Korea - The video conference for cosmetics in the Greater China region (China, Southeast Asia) hosted by the Korea Beauty Industry Trade Association (KOBITA, a Korean corporation) ended successfully with the participation of 39 promising Korean beauty companies over two days (November 19th and 20th) at a consultation center established in Seoul. The video conference had participation from 39 SMEs in the Korean cosmetics and beauty field, along with cosmetics field employees and some 80 foreign buyers with a high interest in Korean cosmetics from the Greater China Region and Southeast Asian countries. As a large-scale video conference with 120 companies participating both domestic and foreign, a great deal of attention was fixed on workers in the domestic beauty industry. This overseas buyer conference served as an alternative export consortium through a conversion of the existing overseas business conference (trade mission) into an online business video conference with support by the Korean Federation of SMEs (KBIZ) to develop overseas markets for the shrinking cosmetics market and SMEs that are having difficulty in exporting overseas due to the continued spread of COVID-19....

ACN Newswire
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Home of the Crypto Community, Holdex Implements the VerifEye Badge to Authenticate User’s Identity Using Blockpass

indie
4 minutes

HONG KONG, Dec 1, 2020 - (ACN Newswire) - Blockpass' strategic partner, Holdex will be implementing the VerifEye Badge on its compliant ICO platform to authenticate users' identities that are verified by the Blockpass.The partnership between Blockpass and Holdex started in 2018 through the integration of Blockpass' flagship KYC product, KYC Connect(TM) into the Holdex Platform. Blockpass then announced an investment in the same year to strengthen the relationship. Blockpass' seamless, compliant solution allows industrial grade due diligence process which synergizes Holdex's goal to provide a trustworthy tool for blockchain communities to filter account frauds and provide a flood-free environment within the Holdex platform."We see a lot of potential in Holdex, and we believe it's the future of crypto," said Adam Vaziri, Blockpass CEO. "Implementing programs like the VerifEye Badge encourages users to get verified which is imperative as there is a strong need to establish trust via reusable and verifiable digital identity solutions like Blockpass in the crypto space. Blockpass also enables a fast, secure and compliant onboarding experience for users on the platform which creates a wi...

ACN Newswire
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SBI, NPCI and JCB Launch ‘SBI RuPay JCB Platinum Contactless Debit Card’

indie
7 minutes

Mumbai & Tokyo, Dec 1, 2020 - (ACN Newswire) - State Bank of India (SBI), National Payments Corporation of India (NPCI) and JCB International Co., Ltd. (JCB) have announced the launch of 'SBI RuPay JCB Platinum Contactless Debit Card'. This Card has been launched on the RuPay network by SBI in association with JCB. The SBI RuPay JCB Platinum Contactless Debit Card comes with a unique dual interface feature which will enable customers to perform both Contact & Contactless transactions in the domestic market and seamless contact transactions overseas. With this card, consumers would be able to transact on ATMs & POS terminals across the globe under JCB network. They can also shop online from JCB partnered international e-Commerce merchants using this card.The 'SBI RuPay JCB Platinum Contactless Debit Card' supports RuPay offline wallet based transactions, enabling an additional payment mode within the Card. Consumers will be able to load the offline wallet and utilize it in transit in India (bus and metro) and retail (merchant) payments. This innovative proposition will offer customers uninterrupted shopping experience with an extra layer of convenience. Customers can als...

ACN Newswire
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BioVaxys Provides Viral Vaccine Platform Program Update

indie
7 minutes

Vancouver, BC, Dec 1, 2020 - (ACN Newswire) - BioVaxys Technology Corp. (CSE: BIOV) (FSE: 5LB) ("BioVaxys" or "the Company") is pleased to announce that it has received further data from its successfully completed murine model study demonstrating that immunizing mice with two doses of BVX-0320, its COVID-19 vaccine candidate, induced high levels of antibodies against the S1 fragment of the SARS-CoV-2 spike protein associated with inhibition of the binding of the virus to cells of the respiratory tract. BioVaxys scientists also observed a clear dose-response, with lower levels of antibodies induced by the two lowest doses tested of 0.3ug and 1ug (median titers 1:59 and 1:124, respectively), and with significantly higher antibody levels with the two highest doses tested of 3ug and 10ug (median titers 1:4800 and 1:9430, respectively). No toxicity was noted in mice at any dose level.Dr. David Berd, the Chief Medical Officer of BioVaxys, stated, "Antibody titer is the usual way of measuring the amount of an antibody in the blood or a mouse or a human subject. It is determined by serially diluting a serum sample to reach the point where antibody is no longer detectable. An antibody titer...

JCN Newswire
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TRENDE selected to join 11 leading edge companies focused on solving the world’s greatest challenges at Unreasonable Impact Asia Pacific 2020

ruth
7 minutes

TOKYO, Dec 1, 2020 - (JCN Newswire) - TRENDE Inc., a renewable energy retailer in Japan, has been selected to join 11 other ground breaking growth stage ventures at the 2020 Unreasonable Impact Asia Pacific program.With the global pandemic continuing to have an enormous impact on all aspects of life, including the global workforce, migration, and the environment, supporting entrepreneurial solutions addressing these challenges is critical. Unreasonable Impact, a unique partnership between Barclays and Unreasonable Group is focused on supporting and scaling up high-growth ventures within the green economy, ensuring that their impactful solutions reach new markets, transform even more lives and create thousands more jobs in the process.After a rigorous selection process involving hundreds of world-class companies, Jeffrey Char, TRENDE's co-founder and Chairman, has been invited to join 11 other leading entrepreneurs from across Asia Pacific for the first ever virtual iteration of the Unreasonable Impact Asia Pacific program, which aims to accelerate the growth of their companies.Impacting the future of food, energy, sustainable living and supply chains, each entrepreneur is selected ...

JCN Newswire
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Fujitsu to Deliver O-RAN standard compliant Radio Units for KDDI’s 5G Commercial Service in Japan Using Virtualized Base Stations

ruth
3 minutes

TOKYO, Dec 1, 2020 - (JCN Newswire) - Fujitsu today announced that its O-RAN compatible 5G Radio Unit was selected by KDDI Corporation for the construction of virtualized base station(1) for 5G commercial services in Japan, planned delivery in the second half of FY2021.Fig. Conceptualization of Virtualized Base Station ConfigurationFeatures of the Radio UnitThe newly developed 5G Radio Unit uses O-RAN(2) standard specifications for fronthaul interface for communication with base station controllers (CU: Central Unit/DU: Distributed Unit). This makes it possible to establish a flexible network with an O-RAN configuration by connecting base station controllers between different vendors that comply with this specification. Aiming to accelerate the delivery of 5G services, Fujitsu will make miniaturization and low power consumption a reality for Radio Units that utilize highly-efficient, wide-band power amplification technology. Mounting more antenna elements than conventional MIMO (Multi Input Multi Output(3)) technologies enhance the effects of beamforming(4) and spatial multiplexing and will ultimately help to deliver seamless, speedy mobile communications for users in places where ...

SeaPRwire
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2 months’ jail for trainer who asked for pictures of underage student in underwear

aseanpr
3 minutes

SINGAPORE - A workshop trainer preyed on a 15-year-old student by first befriending the boy on social media and then asking him to send pictures of himself in underwear. This was after the trainer conducted a leadership workshop for the boy's class, following which he also sent the boy semi-nude pictures of himself. On Tuesday (Dec 1), Tay Yi Hui, 28, was sentenced to two months' jail after he pleaded guilty to one count of sexual exploitation of a young person. Deputy Public Prosecutor Tay Zhi Jie told the court that Tay was working as a trainer with High Achievers Training Consultancy and that he had requested to follow the boy on Instagram on May 30, 2019. The boy accepted his request that night and Tay told him to keep their conversation secret as he was not allowed, under Education Ministry regulations, to be in contact with students after the end of the workshop. Tay first asked the boy about his results in school, but the conversation soon "took a sexual turn", when he asked why the boy's classmates had made remarks about him being homosexual, said DPP Tay. Tay told the boy he was cute and he sent him a photo of his laptop, which had a picture of Tay in the nude with his rig...

SeaPRwire
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Slew of new transport-related apps vie for attention

aseanpr
1 minute

SINGAPORE - Transport-related apps are being rolled out in a flurry, with around half a dozen new ones - in as many weeks - now vying for taps. The newest app on the block is transport engineering group Goldbell's ST33R (a play on Steer), which is touted as a "flexible, personalised and transparent" car leasing app with flat monthly fees, starting as low as $1,280 for a Mazda 3. Please subscribe or log in to continue reading the full article. Get unlimited access to all stories at $0.99/month Latest headlines and exclusive stories In-depth analyses and award-winning multimedia content Get access to all with our no-contract promotional package at only $0.99/month for the first 3 months* Subscribe now *Terms and conditions apply.

SeaPRwire
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Learn more about Singapore Army at virtual exhibition as it marks 55th anniversary

aseanpr
4 minutes

SINGAPORE - Step into the boots of a soldier and take down your enemies in a forest in Mandai, or solve jigsaw puzzles of pictures related to the army. These games are part of the activities in the Singapore Army's first virtual exhibition, launched on Tuesday (Dec 1) to commemorate its 55th year since the passing of the Singapore Army Bill on Dec 23, 1965. Visitors can also learn more about the Army's history, weapons and vehicles at the exhibition, which is accessible on laptops or smartphones online till Dec 13. Senior Minister of State for Defence Heng Chee How, who launched the exhibition, said the Army has come a long way from its modest beginnings, from two infantry battalions when Singapore became independent to the third-generation, networked force of today. "Over the past 55 years, our Army has given strength and confidence to Singapore and Singaporeans, especially in times of crisis. This enduring commitment was exemplified most recently in our national fight against Covid-19," he said in a pre-recorded message. Mr Heng said more than 5,000 Army personnel stepped forward to contribute during the pandemic, in areas such as contact tracing, taking care of migrant workers a...