Jasra Inc: Digital Transformation & Strategy | Manoj Jasra http://jasrainc.com Thu, 03 Dec 2020 07:41:00 +0000 en-US hourly 1 https://wordpress.org/?v=3.8.35 Web Summit will hold RISE 2022 in Kuala Lumpur, launch a new event in Tokyo http://jasrainc.com/web-summit-will-hold-rise-2022-in-kuala-lumpur-launch-a-new-event-in-tokyo/ http://jasrainc.com/web-summit-will-hold-rise-2022-in-kuala-lumpur-launch-a-new-event-in-tokyo/#comments Thu, 03 Dec 2020 07:41:00 +0000 http://jasrainc.com/web-summit-will-hold-rise-2022-in-kuala-lumpur-launch-a-new-event-in-tokyo/ By Catherine Shu Web Summit announced today that it will revive RISE, one of Asia’s largest tech conferences, in March 2022, moving it to Kuala Lumpur after five years in Hong Kong. It also announced a new event, called Web Summit Tokyo, that will launch in 2022, too. The flagship Web Summit event is currently […]

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By Catherine Shu

Web Summit announced today that it will revive RISE, one of Asia’s largest tech conferences, in March 2022, moving it to Kuala Lumpur after five years in Hong Kong. It also announced a new event, called Web Summit Tokyo, that will launch in 2022, too.

The flagship Web Summit event is currently taking place as an online conference.

In November 2019, Web Summit announced it was postponing RISE to 2021 amid the pro-democracy demonstrations in Hong Kong. Of course, this year has seen a series of other major event cancellations due to the COVID-19 pandemic.

Web Summit is planning for the 2022 edition of RISE to be in-person, and has signed a new partnership with Malaysia Digital Economy Corporation. In a press statement, Web Summit and RISE co-founder and chief executive officer Paddy Cosgrave said, “This is not a goodbye to Hong Kong. We hope to return to the city in the future with a brand new event.”

Web Summit …read more

Source: Tech Crunch

    

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Eat Just to sell lab-grown meat in Singapore after gaining “world first” regulatory approval http://jasrainc.com/eat-just-to-sell-lab-grown-meat-in-singapore-after-gaining-world-first-regulatory-approval/ http://jasrainc.com/eat-just-to-sell-lab-grown-meat-in-singapore-after-gaining-world-first-regulatory-approval/#comments Wed, 02 Dec 2020 05:07:00 +0000 http://jasrainc.com/eat-just-to-sell-lab-grown-meat-in-singapore-after-gaining-world-first-regulatory-approval/ By Catherine Shu Eat Just will start offering lab-grown chicken meat in Singapore after gaining regulatory approval from the Singapore Food Agency (SFA). The cell-cultured chicken will eventually be produced under Eat Just’s new GOOD Meat brand through partnerships with local manufacturers and go on sale to restaurants before it is available to consumers. While […]

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By Catherine Shu

Eat Just will start offering lab-grown chicken meat in Singapore after gaining regulatory approval from the Singapore Food Agency (SFA). The cell-cultured chicken will eventually be produced under Eat Just’s new GOOD Meat brand through partnerships with local manufacturers and go on sale to restaurants before it is available to consumers.

While there are plenty of other companies working on lab-grown meats using various techniques, Eat Just describes the Singapore government’s review and regulatory approval as a “world first.”

No chickens were killed to obtain the cell line used to produce Eat Just’s cultured meat, global head of communications Andrew Noyes told TechCrunch. Instead, the process starts with cell isolation, where cells are sourced through methods that can include a biopsy from a live animal. After the cells are cultured, they are transferred into a bioreactor, fed with a proprietary mix of proteins, amino acids, minerals, sugars, salts and other nutrients and then harvested after they achieve enough density.

The company said it went through 20 productions runs of cell-cultured chicken in 1,200-liter bioreactors to prove the consistency of its manufacturing process. Eat Just also said no antibiotics were used and that its cultured chicken has an “extremely low and significantly cleaner …read more

Source: Tech Crunch

    

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Ankorstore raises $29.9 million for its wholesale marketplace http://jasrainc.com/ankorstore-raises-29-9-million-for-its-wholesale-marketplace/ http://jasrainc.com/ankorstore-raises-29-9-million-for-its-wholesale-marketplace/#comments Tue, 01 Dec 2020 07:00:00 +0000 http://jasrainc.com/ankorstore-raises-29-9-million-for-its-wholesale-marketplace/ By Romain Dillet French startup Ankorstore has raised a $29.9 million Series A round (€25 million) with Index Ventures leading the round. Existing investors GFC, Alven and Aglaé are also participating. Ankorstore is building a wholesale marketplace that connects independent shop owners with brands selling household supplies, maple syrup, headbands, bath salts, stationery items and […]

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By Romain Dillet

French startup Ankorstore has raised a $29.9 million Series A round (€25 million) with Index Ventures leading the round. Existing investors GFC, Alven and Aglaé are also participating.

Ankorstore is building a wholesale marketplace that connects independent shop owners with brands selling household supplies, maple syrup, headbands, bath salts, stationery items and a lot more. That list alone should remind you of neighborhood stores that sell a ton of cutesy stuff that you don’t necessarily need but that tend to be popular.

The company works with 2,000 brands and 15,000 shops. And the startup isn’t just connecting buyers and sellers as it has a clear set of rules. For instance, the minimum first order is €100, which means that you can try out new products without ordering hundreds of items at once.

By default, Ankorstore withdraws the money 60 days after placing an order. Brands get paid upon delivery. And of course, buying from several brands through Ankorstore should simplify your admin tasks.

Ankorstore is currently live in eight countries — France, Spain, Austria, Germany, Belgium, Holland, Switzerland and Luxembourg. France is the biggest market followed by Germany. Up next, the startup plans to launch in the U.K. …read more

Source: Tech Crunch

    

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The Trump administration will add SMIC, China’s largest chipmaker, to its defense blacklist: report http://jasrainc.com/the-trump-administration-will-add-smic-chinas-largest-chipmaker-to-its-defense-blacklist-report/ http://jasrainc.com/the-trump-administration-will-add-smic-chinas-largest-chipmaker-to-its-defense-blacklist-report/#comments Mon, 30 Nov 2020 06:21:00 +0000 http://jasrainc.com/the-trump-administration-will-add-smic-chinas-largest-chipmaker-to-its-defense-blacklist-report/ By Catherine Shu SMIC, one of largest chip makers in the world, is among several companies that the Department of Defense plans to designate as being owned or controlled by the Chinese military, reports Reuters. Earlier this month, President Donald Trump signed an executive order, set to go into effect on January 11, that would […]

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By Catherine Shu

SMIC, one of largest chip makers in the world, is among several companies that the Department of Defense plans to designate as being owned or controlled by the Chinese military, reports Reuters. Earlier this month, President Donald Trump signed an executive order, set to go into effect on January 11, that would bar U.S. investors from buying securities from companies on the defense blacklist.

In a statement to Reuters, SMIC said it continues “to engage constructively and openly with the U.S. government” and that it “has no relationship with the Chinese military and does not manufacture for military end-users or end-uses.”

The largest semiconductor maker in China, SMIC holds about 4% of the worldwide foundry market, estimates market research firm TrendForce. Its U.S. customers have included Qualcomm, Broadcom and Texas Instruments.

There are currently 31 companies on the defense blacklist. SMIC is one of four new companies that the Department of Defense plans to add, according to Reuters. The others are China Construction Technology, China International Engineering Consulting Corp and China National Offshore Oil Corp (CNOOC).

The company delisted from NYSE in May 2019, …read more

Source: Tech Crunch

    

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What to make of Stripe’s possible $100B valuation http://jasrainc.com/what-to-make-of-stripes-possible-100b-valuation/ http://jasrainc.com/what-to-make-of-stripes-possible-100b-valuation/#comments Sat, 28 Nov 2020 21:00:00 +0000 http://jasrainc.com/what-to-make-of-stripes-possible-100b-valuation/ By Alex Wilhelm This is The TechCrunch Exchange, a newsletter that goes out on Saturdays, based on the column of the same name. You can sign up for the email here. Welcome to a special Thanksgiving edition of The Exchange. Today we will be brief. But not silent, as there is much to talk about. […]

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By Alex Wilhelm

This is The TechCrunch Exchange, a newsletter that goes out on Saturdays, based on the column of the same name. You can sign up for the email here.

Welcome to a special Thanksgiving edition of The Exchange. Today we will be brief. But not silent, as there is much to talk about.

Up top, The Exchange noodled on the Slack-Salesforce deal here, so please catch up if you missed that while eating pie for breakfast yesterday. And, sadly, I have no idea why Palantir is seeing its value skyrocket. Normally we’d discuss it, asking ourselves what its gains could mean for the lower tiers of private SaaS companies. But as its public market movement appears to be an artificial bump in value, we’ll just wait.

Here’s what I want to talk about this fine Saturday: Bloomberg reporting that Stripe is in the market for more money, at a price that could value the company at “more than $70 billion or significantly higher, at as much as $100 billion.”

Hot damn. Stripe would become the first or second most valuable startup in the world at those prices, depending on how you count. Startup is a weird …read more

Source: Tech Crunch

    

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Facebook’s Libra could launch in January http://jasrainc.com/facebooks-libra-could-launch-in-january/ http://jasrainc.com/facebooks-libra-could-launch-in-january/#comments Fri, 27 Nov 2020 17:01:00 +0000 http://jasrainc.com/facebooks-libra-could-launch-in-january/ By Romain Dillet According to a report from the Financial Times, Facebook-backed cryptocurrency Libra could launch in January. More interestingly, the Libra Association, the consortium created by Facebook, could scale back its ambitions once again. When it was first unveiled, the Libra cryptocurrency was supposed to be a brand new currency tied to a basket […]

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By Romain Dillet

According to a report from the Financial Times, Facebook-backed cryptocurrency Libra could launch in January. More interestingly, the Libra Association, the consortium created by Facebook, could scale back its ambitions once again.

When it was first unveiled, the Libra cryptocurrency was supposed to be a brand new currency tied to a basket of fiat currencies and securities. Originally, it wouldn’t be based on a single real world currency, but on a mix of multiple currencies.

Many central banks and regulators have been concerned about this vision. That’s why the Libra Association changed course and started working on several single-currency stablecoins.

Stablecoins are cryptocurrencies that don’t fluctuate in value against a specific fiat currency. For instance, one unit of a USD-backed stablecoin is always worth one dollar. Libra mentioned USD, EUR, GBP or SGD as base currencies for its various stablecoins.

According to the Financial Times, the Libra Association now plans to launch a single dollar-backed coin. It’ll compete directly with other stablecoins, such as USDC, PAX and Tether (USDT). The …read more

Source: Tech Crunch

    

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Alibaba vies for a piece of China’s booming EV market http://jasrainc.com/alibaba-vies-for-a-piece-of-chinas-booming-ev-market/ http://jasrainc.com/alibaba-vies-for-a-piece-of-chinas-booming-ev-market/#comments Fri, 27 Nov 2020 03:56:00 +0000 http://jasrainc.com/alibaba-vies-for-a-piece-of-chinas-booming-ev-market/ By Rita Liao There’s no lack of news these days on China’s tech giants teaming up with traditional carmakers. Companies from Alibaba to Huawei are striving to become relevant in the trillion-dollar auto industry, which itself is seeking an electric transition and intelligent upgrade as 5G comes of age. State-owned automaker SAIC Motor, a major […]

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By Rita Liao

There’s no lack of news these days on China’s tech giants teaming up with traditional carmakers. Companies from Alibaba to Huawei are striving to become relevant in the trillion-dollar auto industry, which itself is seeking an electric transition and intelligent upgrade as 5G comes of age.

State-owned automaker SAIC Motor, a major player in China, unveiled this week a new electric vehicle arm called Zhiji, in which Alibaba and a Shanghai government-backed entity are minority shareholders. The tie-up comes as Chinese EV startups like Xpeng and Nio and their predecessor Tesla see their stocks soaring in recent months.

Alibaba’s ties with SAIC can be traced back to 2015 when they jointly announced a $160 million investment in internet-connected cars. The partners moved on to form a joint venture called Banma (or ‘Zebra’) and Alibaba has since developed a slew of auto solutions for the Banma platform to enable everything from voice-activated navigation to voice ordering coffee, which is, of course, linked to the Alipay e-wallet.

Alibaba is certainly not SAIC’s exclusive supplier, as it’s also worked closely with the …read more

Source: Tech Crunch

    

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Rockstar programmer: Rivers Cuomo finds meaning in coding http://jasrainc.com/rockstar-programmer-rivers-cuomo-finds-meaning-in-coding/ http://jasrainc.com/rockstar-programmer-rivers-cuomo-finds-meaning-in-coding/#comments Wed, 25 Nov 2020 23:23:00 +0000 http://jasrainc.com/rockstar-programmer-rivers-cuomo-finds-meaning-in-coding/ By Brian Heater “Hi, I’m Rivers from the band, Weezer,” Rivers Cuomo says with a slight smile and a wave. He turns away from the camera for a bit, before launching into his best infomercial pitch. “Imagine you’re on tour, and you’re sitting in your dressing room or your tour bus. You’re backstage. You have […]

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By Brian Heater

“Hi, I’m Rivers from the band, Weezer,” Rivers Cuomo says with a slight smile and a wave. He turns away from the camera for a bit, before launching into his best infomercial pitch. “Imagine you’re on tour, and you’re sitting in your dressing room or your tour bus. You’re backstage. You have stage fright, you’re stressing out. You’re pacing back and forth. And then on top of that, your tour manager is constantly calling you, asking you logistical questions.”

As far as internet pitch videos go, it’s not the most universal. If anything, the three-minute clip loses any hope of populist appeal by the end. In a final shot, the singer in a maroon SpaceX hoodie is the last up the ramp onto a private jet. The plane door closes revealing a Weezer flying “W” logo.

“Download Drivetimes now, on GitHub,” Cuomo adds in voice-over. “This is CS50X.”

It’s not the most polished app pitch video, and Cuomo’s elevator pitch could probably do with a bit of refining before approaching venture capitalists about a seed round. As far as final projects for online programming courses go, however, it’s something to behold. The images alternate between pages of code, Google spreadsheets and POV shots …read more

Source: Tech Crunch

    

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The FCC rejects ZTE’s petition to stop designating it a “national security threat” http://jasrainc.com/the-fcc-rejects-ztes-petition-to-stop-designating-it-a-national-security-threat/ http://jasrainc.com/the-fcc-rejects-ztes-petition-to-stop-designating-it-a-national-security-threat/#comments Wed, 25 Nov 2020 05:25:00 +0000 http://jasrainc.com/the-fcc-rejects-ztes-petition-to-stop-designating-it-a-national-security-threat/ By Catherine Shu The Federal Communications Commission has rejected ZTE’s petition to remove its designation as a “national security threat.” This means that American companies will continue to be barred from using the FCC’s $8.3 billion Universal Service Fund to buy equipment and services from ZTE . The Universal Service Fund includes subsidies to build […]

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By Catherine Shu

The Federal Communications Commission has rejected ZTE’s petition to remove its designation as a “national security threat.” This means that American companies will continue to be barred from using the FCC’s $8.3 billion Universal Service Fund to buy equipment and services from ZTE .

The Universal Service Fund includes subsidies to build telecommunication infrastructure across the United States, especially for low-income or high-cost areas, rural telehealth services, and schools and libraries. The FCC issued an order on June 30 banning U.S. companies from using the fund to buy technology from Huawei and ZTE, claiming that both companies have close ties with the Chinese Communist Party and military.

Many smaller carriers rely on Huawei and ZTE, two of the world’s biggest telecom equipment providers, for cost-efficient technology. After surveying carriers, the FCC estimated in September that replacing Huawei and ZTE equipment would cost more than $1.8 billion.

Under the Secure and Trusted Communications Networks Act, passed by Congress this year, most of that …read more

Source: Tech Crunch

    

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Google-backed Chinese truck-hailing firm Manbang raises $1.7 billion http://jasrainc.com/google-backed-chinese-truck-hailing-firm-manbang-raises-1-7-billion/ http://jasrainc.com/google-backed-chinese-truck-hailing-firm-manbang-raises-1-7-billion/#comments Tue, 24 Nov 2020 07:25:00 +0000 http://jasrainc.com/google-backed-chinese-truck-hailing-firm-manbang-raises-1-7-billion/ By Rita Liao The Chinese Uber for trucks Manbang announced Tuesday that it has raised $1.7 billion in its latest funding round, two years after it hauled in $1.9 billion from investors including SoftBank Group and Alphabet Inc’s venture capital fund CapitalG. The news came fresh off a Wall Street Journal report two weeks ago […]

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By Rita Liao

The Chinese Uber for trucks Manbang announced Tuesday that it has raised $1.7 billion in its latest funding round, two years after it hauled in $1.9 billion from investors including SoftBank Group and Alphabet Inc’s venture capital fund CapitalG.

The news came fresh off a Wall Street Journal report two weeks ago that Manbang was seeking $1 billion ahead of an initial public offering next year. The company declined to comment on the matter, though its CEO Zhang Hui said in May 2019 that the firm was “not in a rush” to go public.

Manbang said it achieved profitability this year. Its valuation was reportedly on course to reach $10 billion in 2018.

The company, which runs an app matching truck drivers and merchants transporting cargo and provides financial services to truckers, was formed from a merger between rivals Yunmanman and Huochebang in 2017. It was a time when China’s “sharing economy” craze began to see consolidation and shakeup.

The latest financing again attracted high-profile backers, including returning investors SoftBank Vision Fund and Sequoia Capital China, Permira and Fidelity, a consortium that co-led the round. Other participants were Hillhouse Capital, GGV Capital, Lightspeed …read more

Source: Tech Crunch

    

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