Qualcomm-backed chipmaker Kneron nails Foxconn funding, deal

Qualcomm-backed chipmaker Kneron nails Foxconn funding, deal

A startup based out of San Diego and Taipei is quietly nailing fundings and deals from some of the biggest names in electronics. Kneron, which specializes in energy-efficient processors for edge artificial intelligence, just raised a strategic funding round from...
Google backs India’s Dunzo in $40 million funding round

Google backs India’s Dunzo in $40 million funding round

Google is writing check to another startup in India. The Android-maker, which last year unveiled a $10 billion fund to invest in the world’s second largest internet market, said on Tuesday that it is participating in a $40 million investment round of hyperlocal...
TikTok’s Chinese version Douyin launches an e-wallet

TikTok’s Chinese version Douyin launches an e-wallet

Tencent’s WeChat Pay and Alibaba’s affiliate Alipay have long dominated digital payments in China, but they have always faced new challengers. The latest entrant in online payments is Douyin, TikTok’s Chinese version. The short video app recently added “Douyin Pay” to...