Amazon.com Inc expands brick-and-mortar footprint in Singapore

The move will increase competition against peers such as Alibaba Group Holding and Sea Ltd. In a significant development that sees Amazon.com Inc upping its competition against rivals such as Alibaba Group Holding Ltd’s Lazada and Sea Ltd’s Shopee, the U.S. e-commerce giant stated it has launched a bigger local store and marketplace in Singapore.…

Microsoft unveils new cloud services, AI and blockchain tools

Software behemoth Microsoft Corp has unveiled artificial intelligence and blockchain driven software tools which can contribute positively for businesses. The unveiling is not limited to just software but hardware as well. It has released a developer edition of its HoloLens 2 headset as well. In a significant development, Microsoft Corp announced the release of a…

SoftBank Group deepens investment in Yahoo Japan by $2 billion

The 3-way deal, ahead of SoftBank’s planned listing of its domestic telecoms unit – likely to be the largest Japanese IPO in nearly two decades, could boost demand for online shopping and mobile payments among Japan’s tech-savvy shoppers. In a move that sees Japan’s SoftBank Group tightening its grip over Yahoo Japan, the conglomerate disclosed…