Huobi Thailand will shut down its exchange permanently on July 1, according to an announcement posted on its website. This marks the exchange’s short-lived ambition in the Southeast Asian country where crypto adoption is flourishing. According to blockchain analysis company Chainalysis, Thailand…

Prime Day, Amazon’s annual event where it and sellers on the platform discount a huge number of items for a burst of sales activity, is coming to a screen near you. Today, the e-commerce giant announced that Prime Day will run this…

The e-commerce market in Egypt is expected to grow 30% to $7.5 billion this year, spurred by a growing number of younger shoppers and rising incomes. Local merchants are essential in driving this growth, and solving their logistical and operational needs end-to-end…

World Innovation Lab (WiL), a Palo Alto- and Tokyo- headquartered venture capital firm, said Tuesday it has raised over $1 billion. It’s an enormous fund for the outfit, relatively speaking. The latest funding, which will be deployed across WiL’s multiple funds, including…

Celina Mikolajczak, who has held senior roles at Tesla and Panasonic, resigned from QuantumScape less than a year after taking the chief manufacturing officer position at the solid-state battery company, according to a regulatory filing. Mikolajczak and QuantumScape are parting ways over…

Amazon won’t be bidding for the IPL media rights for the year 2023 to 2027, a person familiar with the matter said, leaving the hotly contested streaming auction to Disney and Reliance. The e-commerce giant was one of the several tech giants…

Google is expanding a verification program for financial services ads that it launched in the UK last summer after seeing what it describes as a “pronounced decline” in reports of ads promoting financial scams. First in line to get the requirement, as…