Generative Data Intelligence

Tag: temasek

Temasek and FTX’s Backers Face Growing Class Action

A class action lawsuit involving Singapore state investor, Temasek and the collapsed American cryptocurrency exchange has gained momentum. Recently, additional plaintiffs have been added to...

VCs firms face class action amid allegations of abetting FTX fraud

A class action complaint, recently filed on Aug. 7, implicates several venture capital firms, painting a grim picture of alleged gross financial mismanagement...

Temasek Pulls Back on 2023 Fintech Investment Amid Challenging Global Outlook – Fintech Singapore

Since its foundation in 1974 Temasek Holdings, the global investment firm based in Singapore, has demonstrated a formidable capacity for navigating an ever-changing financial...

Fintech Layoffs Rock Asia in 2023: Who’s Next? – Fintech Singapore

The fintech industry in Asia has been experiencing a wave of layoffs in 2023 as several companies grapple with economic uncertainties, market downturns, and...

New layers needed in generative AI tech stack, says boffin

In order to make generative AI accurate, new layers must be inserted into its stack, according to the head of AI at state-owned Singapore...

Sector Report: Layer-2s

Executive Summary: Layer-2 blockchains were developed to help overcome the weaknesses in scalability seen in Layer-1 blockchains such as Ethereum. Their success has played...

The Crypto Roundup: 12 July 2023 | CryptoCompare.com

Singapore’s sovereign wealth fund Temasek has revealed it’s avoiding investments in cryptocurrency-based firms in the midst of the regulatory turbulence surrounding the sector. According to...

Temasek is ‘not comfortable’ investing in crypto firms: here’s why

Temasek is reluctant investing in crypto firms due to regulatory uncertainty. Its CIO Rohit Sipahimalani discussed the...

Celebrities, Crypto, and Controversy: The Fallout of FTX’s Bankruptcy

Tom Brady, the quarterback for the New England Patriots and winner of seven Super Bowls, served as an ambassador for the FTX bitcoin and...

Temasek cuts employee compensation for failed FTX investment

Temasek, Singapore’s state-owned investment firm, said on Monday that it has cut the pay of senior management and the investment team involved in the...

The Crypto Roundup: 29 May 2023 | CryptoCompare.com

Singapore’s sovereign wealth fund Temasek Holdings has openly expressed regret for its ill-judged $275 million investment in the now-defunct cryptocurrency exchange FTX, following the...

Temasek Slashes Pay for Executives Who Recommended Investing in FTX (Report)

Temasek Holdings, a private company whose sole stakeholder is the Singaporean Government and whose only purpose is overseeing investments for said government, was...

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