Apple App Store draws new scrutiny in Japan, epicenter of gaming

Epic Games Inc.’s decision to sue Apple Inc. over its mobile store practices has sparked new scrutiny in the massive Japanese gaming market, prompting complaints and questions about how to counter the tech giant’s dominance. While Epic, publisher of the hit title Fortnite, focuses on the 30% revenue cut app stores typically take, Japanese game […]

Singapore firms get $733m incentive to hire more locals

Singapore: Singapore will set aside an extra S$1 billion ($733 million) to boost the domestic workforce in a further move to protect local jobs amid the pandemic recovery, the manpower ministry said on its website. Some companies in the island state will receive up to S$15,000 for each local hire under 40 years old and […]

Four winners named in $1m Mohammed bin Rashid Initiative for Global Prosperity

Dubai: The four winners of the $1 million Mohammed bin Rashid Initiative for Global Prosperity have been named, which entitles them to monetary prizes, mentoring support and access to global organisations. They and eight runners-up will share the $1 million proceeds. The winners – who form ‘Cohort 2’ of the Global Maker Challenge – are Simbi […]

Bahrain’s Investcorp takes a stake in Expo 2020’s AI partner from China

Dubai: The Bahrain fund manager, Investcorp has picked up a stake in Terminus Technologies, a Chinese Artificial Intelligence-based smart city services provider. Since 2015, Terminus has developed a presence in AI and Internet of Things (AIoT) space. In April, its first ‘AI City’ project was announced to commence construction in Chongqing. And in July, Terminus was […]