COPENHAGEN, Denmark--(BUSINESS WIRE)-- Shotling, a Danish defense technology startup specializing in kinetic short-range counter-UAS (C-UAS) systems, today announced the closing of a pre-seed financing round with €700K committed out of a targeted €500K. The round is led by Myriad Defense Fund, with co-investment from IPO CLUB’s Fund II America 2030, and a non-dilutive match-loan granted by EIFO, the Export and...

BEIJING, Feb 2 (Reuters) - Alibaba ( BABA ) said on Monday it will spend 3 billion yuan ($431 million) to attract users to its Qwen AI app during the Lunar New Year holiday, heating up a race between China's largest tech firms.  The pledge by Alibaba ( BABA ), which triples ‌the spending promised earlier by rivals Tencent (...

Feb ‌1 (Reuters) - * ​GIC, ‍MUBADALA ⁠SAID ⁠TO ‌BE ​SET ⁠TO ‍JOIN ​KKR ‍IN $10 ​BILLION STT ‍DEAL - ​BLOOMBERG ​NEWS Source text: ‍https://tinyurl.com/5cft3k9z ...

Jan 31 (Reuters) - A KKR-led consortium is nearing a deal to buy ST Telemedia Global Data Centres (STT GDC), which would value it at more than S$13 billion ($10 billion), the Wall Street Journal reported. The investment firm ‌will acquire the Singapore-based global data centre provider from its parent company, the WSJ report, which ​cited people familiar with the...