Shri

Absolute Racing Enters Porsche in Sepang 12 Hours with GEEKVP

Retrieved on: 
Monday, March 4, 2024

The trio of Absolute Racing drivers,  while new to this particular race, bring with them a wealth of racing experience.

Key Points: 
  • The trio of Absolute Racing drivers,  while new to this particular race, bring with them a wealth of racing experience.
  • The son of Sri Lankan racing legend David Pieris, Eshan Pieris will be making his debut in the 12 Hours of Sepang.
  • Commenting on the third Absolute Racing-run entry in the race, Ingo Matter, Team Principal of Absolute Racing, stated, "I am really delighted that we are joining the 12 Hours of Sepang for the first time with the Porsche 911 GT3 R and in partnership with Geek.
  • It is going to be an epic weekend, and I am really looking forward to it.”
    Dorian Boccolacci added, "I am very happy to join Absolute Racing for the 12 Hours of Sepang.

Axiata Selects AWS as its Primary Cloud Provider to Drive Innovation in the Telecom Industry

Retrieved on: 
Thursday, November 30, 2023

At AWS re:Invent, Amazon Web Services (AWS), an Amazon.com company (NASDAQ: AMZN), today announced that Axiata Group Berhad (Axiata), a leading Asian telco and digital group headquartered in Malaysia, has selected AWS as its primary cloud provider.

Key Points: 
  • At AWS re:Invent, Amazon Web Services (AWS), an Amazon.com company (NASDAQ: AMZN), today announced that Axiata Group Berhad (Axiata), a leading Asian telco and digital group headquartered in Malaysia, has selected AWS as its primary cloud provider.
  • The cloud gives us the agility to build new business models that will differentiate Axiata now and into the future.
  • Axiata is embracing cloud technology to drive digital transformation and innovate new customer offerings to remain competitive.
  • “With AWS, Axiata can diversify and modernize their business in the cloud, while shaping the future of customer service with generative AI.

U.S. International Development Finance Corporation, America’s Development Finance Institution, to Fund CWIT, Adani’s JV in Sri Lanka, for USD 553 Million

Retrieved on: 
Wednesday, November 8, 2023

U.S. International Development Finance Corporation (DFC) has announced that it will be funding Colombo West International Terminal Pvt.

Key Points: 
  • U.S. International Development Finance Corporation (DFC) has announced that it will be funding Colombo West International Terminal Pvt.
  • Ltd. (CWIT) – a consortium of India's largest port operator Adani Ports and SEZ Ltd., Sri Lanka's leading enterprise John Keells Holdings (JKH) and the Sri Lanka Ports Authority – to the tune of USD 553 million.
  • View the full release here: https://www.businesswire.com/news/home/20231107733135/en/
    U.S. International Development Finance Corporation, America’s Development Finance Institution, to Fund CWIT, Adani’s JV in Sri Lanka, for USD 553 Million (Photo: Business Wire)
    DFC, the U.S. government’s development finance institution, partners with the private sector to finance solutions to the most critical challenges facing the developing world.
  • “Sri Lanka is one of the world’s key transit hubs, with half of all container ships transiting through its waters.

Alipay+ partners LankaPay to enhance digital travel experience to and from Sri Lanka

Retrieved on: 
Monday, October 23, 2023

Alipay+ recently signed an MoU with Sri Lanka’s National Payment Network – LankaPay towards enhancing inbound and outbound travel experience through cross-border digital payments, enabling users of Alipay+ payment partners to make payments seamlessly at over 400,000 LankaQR merchants across Sri Lanka.

Key Points: 
  • Alipay+ recently signed an MoU with Sri Lanka’s National Payment Network – LankaPay towards enhancing inbound and outbound travel experience through cross-border digital payments, enabling users of Alipay+ payment partners to make payments seamlessly at over 400,000 LankaQR merchants across Sri Lanka.
  • LankaQR is a project initiated by the Central Bank of Sri Lanka to ensure all QR codes and QR based transactions in Sri Lanka are standardized and interoperable.
  • Introduced in 2020, LankaQR network is managed and operated by LankaPay, the operator of Sri Lanka’s National Payment Network.
  • As global travel recovers, we’ve noticed a shift in travel preferences, including travellers’ heightened expectations of how digital solutions should enhance their travel experience and greater interest in visiting previously less-explored destinations.

Global Hands-On VC Invests in EdgeCortix, Japan-based Edge AI Fabless Semiconductor Company

Retrieved on: 
Wednesday, October 4, 2023

TOKYO, Oct. 4, 2023 /PRNewswire/ -- Global Hands-On VC ("GHOVC") has co-led a $20 million financing round in EdgeCortix, a Japan-based edge artificial intelligence (AI) fabless semiconductor development and design company. The investment was made from its first fund, GHOVC Fund I Investment Limited Partnership ("GHOVC Fund I") managed by GHOVC. Funds managed by SBI Investment Corporation (co-lead investor) and Renesas Electronics Corporation also participated in this round. GHOVC will provide not only financial support, it will also provide management support to help accelerate EdgCortix's growth as it expands its business within Japan and globally.

Key Points: 
  • Global Hands-On VC starts its mission to provide hands-on support to help startups go global.
  • TOKYO, Oct. 4, 2023 /PRNewswire/ -- Global Hands-On VC ("GHOVC") has co-led a $20 million financing round in EdgeCortix, a Japan-based edge artificial intelligence (AI) fabless semiconductor development and design company.
  • The investment was made from its first fund, GHOVC Fund I Investment Limited Partnership ("GHOVC Fund I") managed by GHOVC.
  • Funds managed by SBI Investment Corporation (co-lead investor) and Renesas Electronics Corporation also participated in this round.

DATE 2023 in New Delhi to pioneer India's Tech Revolution for Aatmanirbharta

Retrieved on: 
Thursday, August 17, 2023

NEW DELHI, India, Aug 17, 2023 - (ACN Newswire) - Way back in 2013, Honorable Prime Minister Shri Narendra Modi envisioned "IT+IT=IT; Indian talent + Information technology = India Tomorrow."

Key Points: 
  • NEW DELHI, India, Aug 17, 2023 - (ACN Newswire) - Way back in 2013, Honorable Prime Minister Shri Narendra Modi envisioned "IT+IT=IT; Indian talent + Information technology = India Tomorrow."
  • It is with this resolute belief that global future tech events leader Trescon , with its Strategic Partner Cyberverse Foundation, proudly presents the inaugural Digital Acceleration & Transformation Expo (DATE) on 23rd and 24th November 2023 in New Delhi, India.
  • Underpinned by the theme "Tech Reimagined: Unleashing the Power of Tech for Good," DATE marries technology and societal impact, encapsulating the essence of Prime Minister Modi's prophetic words.
  • Amid dynamic initiatives, DATE addresses global challenges through five central themes: Future Tech Frontiers, Green Quotient, Fintech Revolution, Beyond Experience, and To Trust or Not to Trust.

Leading the Charge Towards Innovation: eTukTuk Adopts BNB Chain’s Layer 2 opBNB

Retrieved on: 
Thursday, July 20, 2023

opBNB is a groundbreaking Layer 2 blockchain protocol that offers a robust and secure infrastructure for decentralised applications (dApps) and smart contracts.

Key Points: 
  • opBNB is a groundbreaking Layer 2 blockchain protocol that offers a robust and secure infrastructure for decentralised applications (dApps) and smart contracts.
  • By embracing opBNB, eTukTuk aims to unlock a myriad of transformative benefits, setting new industry standards and reinforcing its position as an industry pioneer.
  • With BNB Chain’s opBNB, eTukTuk will have Layer 2 chain support.
  • eTukTuk stated in a recent blog, that after meeting with the BNB Chain team, eTukTuk realised opBNB presented numerous qualities that align with eTukTuk’s mission.

SRI PERUVEMBA JOINS SMARTKEM BOARD OF DIRECTORS

Retrieved on: 
Tuesday, July 18, 2023

MANCHESTER, England, July 18, 2023 /PRNewswire/ -- SmartKem, Inc. (OTCQB: SMTK ), a company seeking to reshape the world of electronics with its disruptive organic thin-film transistors (OTFTs) that can drive the next generation of displays, has today announced the appointment of Sri Peruvemba to its board of directors.

Key Points: 
  • MANCHESTER, England, July 18, 2023 /PRNewswire/ -- SmartKem, Inc. (OTCQB: SMTK ), a company seeking to reshape the world of electronics with its disruptive organic thin-film transistors (OTFTs) that can drive the next generation of displays, has today announced the appointment of Sri Peruvemba to its board of directors.
  • SmartKem CEO and Chairman, Ian Jenks, commented, "Sri has been a valued advisor of the business since he joined in 2019, and we're delighted that he is now joining the board of directors following a successful fundraise last month.
  • From September 2019 until his appointment to the board of directors, Mr. Peruvemba served as a consultant to SmartKem.
  • Since June 2020, Mr. Peruvemba has served on the board of directors of WiSA Technologies, Inc., an audio wireless technology company.

SRI PERUVEMBA JOINS SMARTKEM BOARD OF DIRECTORS

Retrieved on: 
Tuesday, July 18, 2023

MANCHESTER, England, July 18, 2023 /PRNewswire/ -- SmartKem, Inc. (OTCQB: SMTK ), a company seeking to reshape the world of electronics with its disruptive organic thin-film transistors (OTFTs) that can drive the next generation of displays, has today announced the appointment of Sri Peruvemba to its board of directors.

Key Points: 
  • MANCHESTER, England, July 18, 2023 /PRNewswire/ -- SmartKem, Inc. (OTCQB: SMTK ), a company seeking to reshape the world of electronics with its disruptive organic thin-film transistors (OTFTs) that can drive the next generation of displays, has today announced the appointment of Sri Peruvemba to its board of directors.
  • SmartKem CEO and Chairman, Ian Jenks, commented, "Sri has been a valued advisor of the business since he joined in 2019, and we're delighted that he is now joining the board of directors following a successful fundraise last month.
  • From September 2019 until his appointment to the board of directors, Mr. Peruvemba served as a consultant to SmartKem.
  • Since June 2020, Mr. Peruvemba has served on the board of directors of WiSA Technologies, Inc., an audio wireless technology company.

e-Emphasys Announces Executive Board Chairman and Members of the Global Leadership Team

Retrieved on: 
Tuesday, May 23, 2023

This personnel news follows the company’s merger with CDK Global Heavy Equipment that closed earlier this month.

Key Points: 
  • This personnel news follows the company’s merger with CDK Global Heavy Equipment that closed earlier this month.
  • Robert (Bob) Karp is Executive Chairman of e-Emphasys’ board of directors.
  • He was an executive with CDK Global for more than 20 years, most recently serving as President of North America Retail Solutions, a $2 billion business unit.
  • Following his retirement in 2017, Bob has led his own consulting practice and serves as Lead Director of the Board of Dealer Services Network.