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Singapore’s Credit Culture raises $29.5M for its soon-to-launch digital loan business
Singapore’s digital fintech companies are attracting investor attention and dollars in 2019. Fresh from Singapore Life — a digital-only insurer — raising $33 million across two recently closed rounds, so Credit Culture, a digital loan specialist — has banked SG$40 million ($29.5 million) ahead of its imminent launch. Credit Culture has raised its capital from Malaysia’s RCE Capital Berhad in a deal that allows the investor to potentially take a stake of up 30 percent in the startup. Its investment is via five-year bonds that are secured with the loan receivables from Credit Culture and include granted call options for taking that stake — in other words: this isn’t your regular startup deal.(Fonte: TechCrunch)
Microsoft says Bing search engine blocked in China
Microsoft Corp’s Bing search engine has been blocked in China, the company said on Wednesday, making it the latest foreign technology service to be shut down behind the country’s Great Firewall. “We’ve confirmed that Bing is currently inaccessible in China and are engaged to determine next steps,” the company said in a statement. (Fonte: Reuters)
Amazon is piloting its own delivery robot
It was, of course, just a matter of time before Amazon deployed delivery robots. The company has had a robotics wing for a number of years now, though much of its public-facing side has been focused on warehouse logistics. Today, however, it took the wraps off Scout. The six-wheeled robot looks a fair bit like a number of the delivery robots already being piloted on sidewalks all over the world. This one, however, was apparently developed in-house by Amazon. As the company notes, the electric system is the size of a beach cooler and cruises along at roughly a walking pace. (Fonte: TechCrunch)
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