Mumbai: Maharashtra’s plans to promote Mumbai as a global financial centre have received a shot in the arm as Wall Street firm JPMorgan Chase & Co. and the Japanese government arm Japan External Trade Organization (Jetro) agreed to partner with the state government to hold road shows to attract financial services companies to Mumbai.
From today, Votiro, an Israeli cyber-security startup launches in Japan. The island nation’s pacifism has kept it out of war zones for nearly seventy years, but the online world presents a different battlefield. Japan experienced 12.8 billion cyberattacks last year, according to a recent report. Votiro co-founder Itay Glick tells Tech in Asia that the firm will be focusing on protecting companies in the fields of healthcare, financial, and critical infrastructure.
STOCKHOLM: Swedish music streamer Spotify will provide the soundtrack for Sony devices, the companies said on Wednesday (Jan 28), spelling the end to the streaming music service from the Japanese tech giant that invented the Walkman. The deal – which makes the Swedish startup the exclusive provider for Playstation Music and Sony’s smartphones and tablets – sees the companies link up in 41 markets.
KVH Co., Ltd., Asia’s leading Information Delivery Platform headquartered in Tokyo, Japan, today announced an agreement to launch “JPX-SGX Co-Location Direct”, an exchange-to-exchange ultra-low latency connectivity solution between two of Asia’s premier stock exchanges, Japan Exchange Group, Inc. (JPX) and Singapore Exchange (SGX). The service is a result of a strategic alliance between these two exchanges.
Last summer, KDDI launched a new US$50 million fund. Today, two more startups received funding from the Open Innovation Fund, with the announcement coming at the Japanese telco’s seventh demo day. Terms for the deals were not disclosed. Mist Technologies makes a clever browser plugin that allows browsers in a similar geographical location that are streaming the same content to share it amongst themselves. This means that slow upload times for popular content can be avoided.
Japanese telco KDDI’s accelerator program Mugen Labo just finished its seventh demo day, and the presenting companies came from a wide range of industries, some with tantalizing business models. Take a look – the winner presented a polished product, proved his stickiness with his target user, and is very likely to be heard from again.
TOKYO: The Japanese arm of Amazon.com said it was “cooperating fully” with a police investigation into the sale of child pornography, after authorities reportedly raided its Tokyo headquarters. The probe — which comes less than a year after Japan made the possession of child porn illegal — reportedly follows the arrest of two men in September for posting illicit photo books featuring children on the Internet retailer’s website.
Toshiba has announced that the company will consolidate departments involved in information and communication technology (ICT) solutions into its in-house Cloud & Solutions Company on April 1. The move will allow the company to promote the business that exploits the Internet of Things (IoT). Toshiba’s current Corporate Information Systems Division, Corporate Software Engineering Center, and part of Toshiba Solutions’ system integration business, will be merged into the Cloud & Solutions Company, and Toshiba IS Corporation.
The Japanese Government is to spend US$385 subsidising hydrogen-powered cars and fuelling stations in time for the 2020 Tokyo Olympics, newswires are reporting. Tokyo will get 35 hydrogen stations to fuel a new fleet environmentally friendly cars, which will also be subsidised to reduce the cost for consumers. The government will fund up to 80 per cent of the cost of a filling station to ensure that 6,000 hydrogen fuel cell cars are on the city’s roads by the start of the next decade.
Just three months after debuting in the US, Tokyo-headquartered news app SmartNews has achieved a major milestone: one million Americans are already monthly active users. It has also reached the number-one spot in the news category for apps on the US versions of the App Store and Google Play.
Panasonic Solutions Expo opened today at the Sofitel Hotel; the first big scale, centralised showcase of the company’s full suite of technology, business-to-consumer (B2C) products and business-to-business (B2B) solutions for the Cambodia market. The Expo spans across six experiential booths – Corporate Branding, Residential, Energy Solutions, Hotel, Education and Store – to bring about ‘A Better Life, A Better World’ for consumers and business partners.
Japanese electronics company Panasonic reportedly plans to move its digital camera manufacturing from Japan to China in spring of 2015. The company’s production lines in Fukushima, Japan, will stop operation. The Fukushima plant has an annual output of 1.5 million digital cameras, which is about half of the global sales of Panasonic.
NEW YORK – Verizon has deployed 100G technology on its network in Japan, Singapore and Hong Kong, connecting these three locations and further extending 100G technology on the Verizon global network. This deployment, which used the Fujitsu Flashwave 9500 ROADM and Ciena 5430 Reconfigurable Switching System, added approximately 11,681 terrestrial and submarine miles (18,800 kilometers) to the company’s extensive 100G network. These additional miles add to the more than 32,000 100G miles already deployed on Verizon’s U.S. network and 8,500 100G miles on its European network.
After signing a partnership with Japan’s KDDI Corporation and Sumitomo Corporation, it has quickly moved to modernise its operations and launch new tariff deals. Its latest mobile plan, Swe Thahar, cuts voice and SMS prices and changes the way MPT charges customers for internet usage, from by-the-minute to by-the-megabyte. KDDI Summit Global Myanmar (KSGM) managing director Takashi Nagashima, MPT general manager Khin Maung Tun, chief technical officer Kenichi Ono and other company officials sat down with a small panel of journalists
Japanese scientists say they are on their way to being able to create custom-made skin, bone and joints using a 3D printer. Several groups of researchers around the world have developed small masses of tissue for implants, but now they are looking to take the next step and make them functional. Tsuyoshi Takato, a professor at the University of Tokyo Hospital, said his team had been working to create “a next-generation bio 3D printer”, which would build up thin layers of biomaterials to form custom-made parts.
The Nation/Asia News Network–Japanese small and medium-sized enterprises in various manufacturing and service sectors are looking at using Thailand as a base for expansion into other ASEAN markets. Industry Minister Chakramon Phasukavanich said that under Japanese Prime Minister Shinzo Abe’s policy to help SMEs invest overseas, many companies wanted to expand into Thailand because of the two countries’ close relations and their view that Thailand is a center for ASEAN linkage.
Australian IT recruiting firm, Peoplebank Holdings, has been bought Japan’s largest staffing company, Recruit Holdings, in a bid to expand into the region. The acquisition reflects Recruit Holding’s vision of becoming the world’s leading integrated HR service provider by 2020, according to a company statement. Under the terms of the agreement, all Peoplebank companies have been fully acquired by Recruit Holdings from private equity majority shareholder, Navis Capital, and Leon Lau, retiring founder and chairman.
Accordingly, the two sides are making joint efforts to ensure the progress of infrastructure development and high-quality human resources training in Vietnam to produce one of the leading space centres in Southeast Asia. The pair will make full use of their respective skills and resources for future collaboration in remote sensing, small satellite production, global satellite positioning system application, and ensuring the construction progress of the Vietnam Space Centre project in Hoa Lac hi-tech park in Hanoi, which began in September 2012.
LAS VEGAS: Sony Corp CEO Kazuo Hirai has weathered a crisis over a cyberattack on its Hollywood studio and its controversial comedy “The Interview”, but his toughest moment may be just arriving as he prepares a new business revival plan. After failing to turn around the storied creator of the Walkman since taking the helm in April 2012, Hirai and his deputies are now open to options including sales and joint ventures for its money-losing TV and mobile phone operations, company officials familiar with the leadership’s thinking say.
Last week, news broke that unlike Microsoft’s Xbox One, the Playstation 4 and PS Vita would not be region-locked when they were released in China this week. I was away on paternity leave, but with one eye on the baby and one eye on the news, I was surprised to see that a lot of gaming media outlets ran the story. My gut response was that there was no way it could be true.