Archive for the ‘News’ Category

Luno Receives Payments In-Principle Approval from MAS in Singapore

Thursday, April 28th, 2022

Global retail cryptocurrency platform Luno has obtained in-principle approval (IPA) from the Monetary Authority of Singapore (MAS) to provide Digital Payment Token Services (DPT) in Singapore.

Luno’s global customer base grew by 35% year-on-year and aims to bring cryptocurrency to over 1 billion customers by 2030.

Luno’s global customer base grew by 35% year-on-year and aims to bring cryptocurrency to over 1 billion customers by 2030.

Luno Singapore has been granted in-principle approval from the MAS, under the Payment Services Act (PSA), to provide DPT services in Singapore.

This milestone marks Luno as the first global retail-focused cryptocurrency platform in Singapore to obtain IPA from the MAS, which will enable the accessibility of cryptocurrency in a well-regulated environment that safeguards the interest of consumers.

More details below from the press release.

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Luno Launches Luno Expeditions

Wednesday, March 16th, 2022

Luno, a wholly-owned subsidiary of Digital Currency Group (“DCG”), has announced the launch of Luno Expeditions, a global, early-stage investment arm to support the best fintech and crypto/web3 founders on their journeys to build the next generation of financial services.

The Luno Expeditions Team (from L to R): Margaux Duterte, Mira Christanto, Jocelyn Cheng, Katharine Suy, and Aditi Khimasis.

The Luno Expeditions Team (from L to R): Margaux Duterte, Mira Christanto, Jocelyn Cheng, Katharine Suy, and Aditi Khimasis.

Building on DCG’s 7-year track record in early stage crypto investing, Luno Expeditions will now spearhead all of DCG’s early sage investing (seed and pre-seed).

“I am thrilled to join Luno Expeditions as Chief Executive. These are incredibly exciting times in cryptocurrency and the broader fintech ecosystem. We’ve got ambitious plans to build a leading fund designed around the needs of early stage founders. It will be a privilege to work with ambitious entrepreneurs from all over the world, all intent on solving problems and building the next generation of financial service companies,” said Jocelyn Cheng, CEO, Luno Expeditions.

The dedicated team will scale up investments (targeting 200-300 per year) and expand the focus beyond crypto into the broader fintech space, globally.

Luno Expeditions will be led by Jocelyn Cheng, who takes on the role of CEO.

Whilst in stealth mode over the past few months, Luno Expeditions has already invested in over 20 leading crypto and fintech companies globally, including a crypto compliance solution in Israel, an NFT marketplace in the United States, a bank dedicated to women in Pakistan and a ground-breaking remittance solution in Tanzania.

Barry Silbert, founder and CEO of DCG, and Marcus Swanepoel, co-founder and CEO of Luno, are both closely involved in the initiative and will be part of the Investment Committee.

The Luno Expeditions Team

Jocelyn Cheng, CEO

Jocelyn has invested in global startup founders over the last 6 years as Managing Director at the impact investment VC, Global Innovation Fund. She previously held investing roles at CPP Investments, Bain Capital and Goldman Sachs. She holds an MBA from Harvard Business school.

Mira Christanto, Director of Investments

“We know how hard it is to build a company, especially in the fintech space, and with our deep experience building, scaling and operating fintech businesses in some of the hardest markets in the world, we’re looking to support a new generation of entrepreneurs from all over the world to do the same,” commented Marcus Swanepoel, Luno co-founder and CEO.

Before joining Luno Expeditions, Mira was a senior research analyst at the leading crypto firm Messari. She moved full-time to crypto after working for 15 years at institutional investments funds between Wall Street and Hong Kong.

Aditi Khimasis, Head of Legal

Aditi is an experienced legal professional with extensive VC experience both in house and at leading legal firms across a number of emerging and developed jurisdictions. She was previously Legal Counsel at Anthemis Group.

Katharine Suy, Chief Marketing Officer

Katharine is a seasoned crypto marketer who has worked in the industry over the last 5 years. She joins Luno Expeditions with over 15 years experience in digital marketing, content creation and entrepreneurship across UK, Vietnam & Australia.

Margaux Duterte, Investment Analyst

Before joining Luno Expeditions, Margaux worked with fintechs and payment partners across Africa for 3 years at Luno. She previously held finance roles at BNP Paribas and worked in France, Portugal and South Africa. She holds a Masters in Corporate Finance from Paris Dauphine.

Visit to Dreamcore’s 10,000 sqft Experiential Dream Centre

Thursday, November 25th, 2021

In celebration of its fifth anniversary, Singapore custom PC company Dreamcore today previewed its brand new Dream Centre – a hub for the company’s growing operations.

The new Dream Centre houses Dreamcore’s expanded office and production capacity, retail and service experience, an eSports training room and more.

The new Dream Centre houses Dreamcore’s expanded office and production capacity, retail and service experience, an eSports training room and more.

The 10,000 square-feet space houses the expanded Dreamcore office, retail, concierge and service zones and a state-of-the-art PC assembly and testing facility, designed to help advance Dreamcore’s two key priorities – custom craft builds and a guided customer experience.

“People may have a certain perception of custom builds – and the challenge is helping them overcome certain barriers around the perceived complexity and hassle of it. It can be a smooth and informed process and that’s what we serve to deliver,” said Shaun Tan, founder and CEO of Dreamcore.

The Dream Centre provides an open, flexible environment that facilitates a range of experiences including product and brand showcases, activations, workshops, live events and competitions.

It includes a dedicated eSports training facility, an integrated gaming experience center, a media production studio and brand spotlight zones.

More details below about the Dream Centre from the press release.

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Livinguard Re-Affirms Protection Against Delta Variant in Tests

Thursday, September 23rd, 2021

Livinguard’s face masks passed tests by the Indian National Institute (NII) of Immunology, showing an average of more than 99% effectiveness against viruses and bacteria. The test report can be found here.

The positive results are timely as the spread of the COVID-19 Delta variant drives new mask wearing requirements worldwide

The positive results are timely as the spread of the COVID-19 Delta variant drives new mask wearing requirements worldwide

The tests reinforces the efficacy of Livinguard’s patented technology in protecting wearers of its masks at a time when face masks are again at the frontline of the fight against COVID-19.

In Singapore, Livinguard recently partnered with Grab Singapore to provide 22,000 masks for the company’s private car hire and delivery drivers to protect them from COVID-19 virus microbes.

This will provide them with the comfort that they are protected in the course of their work, where they encounter a variety of commuters, F&B staff and home diners, even as Singapore sees an ongoing tally of infections as it moves into managing COVID-19 as endemic.

In addition to being available for purchase online, Livinguard’s selection of antiviral masks is also now available at selected Guardian outlets island-wide, making it easier for those who prefer to shop in person.

More details below from the press release.

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StarHub to Acquire 50.1% Stake in MyRepublic’s Broadband Business in Singapore

Wednesday, September 22nd, 2021

StarHub has just announced this morning that it will acquire a majority interest in a new entity which will hold MyRepublic’s broadband business in Singapore, providing broadband services for residential and enterprise customers.

StarHub to acquire 50.1% stake in MyRepublic’s broadband business in Singapore to drive long-term synergies.

StarHub to acquire 50.1% stake in MyRepublic’s broadband business in Singapore to drive long-term synergies.

Named MyRepublic Broadband Pte Ltd, the new entity has been incorporated by MyRepublic to hold MyRepublic’s Singapore broadband business.

StarHub’s total investment will be up to $162.8 million, with an initial consideration of $70.8 million for 50.1% shares of MyRepublic Broadband Pte Ltd and a deferred consideration of up to $92 million should future financial performance matrices are met.

The proposed transaction will consolidate and strengthen StarHub’s position in the Singapore broadband market, expanding its market presence to 40% and steering long-term business growth.

MyRepublic will retain the remaining 49.9% and its senior management team and its brand identity post-acquisition.

More details below from the press release.

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Singtel Launches UNBOXED Lite 5G Experience Zones on Orchard Road

Monday, January 4th, 2021

The telco hopes to offer consumers a taste of its network’s ultra-fast mobile speeds with 5G-powered WiFi.

UNBOXED Lite features next-generation self-service kiosks powered by mmWave 5G and Singtel’s AI assistant Stella. Photo credit: Singtel.

UNBOXED Lite features next-generation self-service kiosks powered by mmWave 5G and Singtel’s AI assistant Stella. Photo credit: Singtel.

Singtel is giving its payphone booths at Tong Building on Orchard Road a new lease of life with 5G connectivity.

“UNBOXED Lite 5G experience zones will allow more consumers to try out Singtel 5G and understand how super-fast speeds and quick response times can elevate their mobile data experience. With 5G set to go mainstream with more devices and applications available in the coming months, we will launch UNBOXED Lite experience zones progressively across the island to bring richer experiences enabled by 5G, AR and VR closer to the consumers,” says Gan Siok Hoon, Managing Director of Sales and Marketing, Consumer Singapore, Singtel.

Named UNBOXED Lite, the payphone booths have been transformed into next-generation multimedia kiosks, providing round-the-clock access to a wide range of Singtel services and complimentary 5G-powered WiFi.

UNBOXED Lite will give all consumers a taste of Singtel’s ultra-fast 5G experience, providing WiFi connections powered by Singtel’s triple-band 5G which utilises 3.5Ghz, 28Ghz and 2100Mhz frequencies.

Consumers with any smartphone can connect to the 5G-powered WiFi for free to experience Singtel 5G’s fast speeds, as well as smooth streaming of exclusive 4K content from Love Nature.

To provide a safe and secure environment for everyone, all touch surfaces in UNBOXED Lite are disinfected frequently and coated with a long-lasting anti-microbial solution.

UNBOXED offers customers a 24/7 contactless experience for prepaid card purchases and top-ups, Singtel mobile, fibre broadband and TV subscription sign-ups, instant SIM card replacements and more.

More details below from the press release.

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Joe Biden Triumphs Over Donald Trump to become President-Elect

Sunday, November 8th, 2020

After 4 days of vote counting, and amidst quiet confidence by Joe Biden and tantrum-throwing by incumbent Donald Trump, the news networks have called the US presidential election for the former Vice President, following the flipping of Pennsylvania.

Major US TV networks calling the US Elections 2020 for Joe Biden. Image source: BBC video screen grab.

Major US TV networks calling the US Elections 2020 for Joe Biden. Image source: BBC video screen grab.

tech4tea does not usually cover politics, but the election of the President of the United States (POTUS) is an exception – given that it is such a poignant event that affects all industries and all aspects of life in all countries around the world.

So it’s apt to mark the tentative projection of presidential challenger 77-year-old Joe Biden as President-Elect of the United States, four days after Election Day on 3 November 2020.

With the projection of Biden winning Pennsylvania with its 20 electoral votes, the former Vice President has passed the 270 majority threshold to secure 284 electoral votes to Trump’s 214.

This was followed closely by Nevada which brought Biden’s tally to 290, enroute to Biden’s earlier prediction of eventually surpassing 300 electoral votes.

Mind you, all is not confirmed yet, since incumbent President Donald Trump has reiterated that he will challenge all “Biden-claimed states” – which he has already begun – alleging election fraud without furnishing any evidence.

Usually, what happens next is that the loser graciously concedes, and come 20 January 2020, Joe Biden and Kamala Harris get officially inaugurated as the 46th President and Vice-President of the United States.

But with 74-year-old Trump throwing a sissy fit over how the votes hadn’t been selectively counted to his liking, there’s no knowing whether – in addition to callously throwing legal suits without basis – he will not barricade himself within the Oval office and incite violence among the populace and sow civil strife that has the potential to foment discord for generations to come.

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Event: Huawei Unveils Mate 40 Series in Online Global Launch

Thursday, October 22nd, 2020

Huawei is unveiling its latest flagship smartphone in less than 15 minutes – the Mate 40 Series. Stay tuned here at tech4tea.com for the highlights LIVE as it happens!

The slew of gadgets launched together with the Huawei Mate 40 series during the global online event.

The slew of gadgets launched together with the Huawei Mate 40 series during the global online event.

This live update has been updated with additional information and specifications after the end of the livestream which you can watch here.

9pm: And that’s a wrap – #LeapFurtherAhead!

8.58pm: Prices as follows.

Prices

  • Huawei Mate 40: €899
  • Huawei Mate 40 Pro: €1,199
  • Huawei Mate 40 Pro+: €1,399
  • Porsche Design Huawei Mate 40 RS: €2,295
  • Porsche Design Huawei Watch GT 2: €695
  • Huawei Freebuds Studio: €299
  • Gentle Monster – Huawei Eyewear II: from €299
  • Huawei Sound wireless speaker: €199
  • Ring Light Case: €69
  • Huawei M-Pen 2: €99

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Event: Huawei Developer Conference 2020 – CEO Opening Keynote

Thursday, September 10th, 2020

Richard Yu, Executive Director and CEO of Huawei delivered the opening keynote address for the second annual Huawei Developer Conference in a live broadcast, unveiling the latest updates on HarmonyOS, Huawei Mobile Services (HMS) and EMUI11.

Richard Yu, CEO of Huawei Consumer Business Group addressing the attendees at the Huawei Developer Conference. Image credit Huawei.

Richard Yu, CEO of Huawei Consumer Business Group addressing the attendees at the Huawei Developer Conference. Image credit: Huawei.

During the keynote, Huawei announced upcoming major updates for:

  1. HarmonyOS 2.0
  2. EMUI 11
  3. HMS Core 5.0
  4. HUAWEI HiLink
  5. HUAWEI Research

A brief summary of the updates below.

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New Arrival: Amazon launches Prime Gaming to Replace Twitch Prime

Tuesday, August 11th, 2020

Prime Gaming offers free content for today’s popular video games plus free games every month.

Now more than 150 million paid Prime members around the world can get more value out of their Prime membership with the best of gaming.

Now more than 150 million paid Prime members around the world can get more value out of their Prime membership with the best of gaming.

Amazon first launched gaming benefits in 2016 as Twitch Prime.

Today, Amazon is launching Prime Gaming, an Amazon Prime benefit offering members tons of free, exclusive content for their favorite games, a collection of free PC games, and a free Twitch channel subscription every month.

This month’s more than 20 Free Games with Prime include SNK arcade classics SNK 40th ANNIVERSARY COLLECTION, METAL SLUG 2, and indie retro brawler Treachery in Beatdown City.

More details below from the press release.

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