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SoftBank's Vision Fund is believed to be preparing to invest as much as $1.5 billion in Singapore-based ride-hailing giant Grab as part of a broader effort to inject cash into Asian tech startups.

Starting next year, Grab's customers in the Philippines and Singapore will be able to pay at any online and offline merchant using a prepaid card, courtesy of the firm's tie-up with Mastercard.

SoftBank reportedly wants to invest $500 million in Grab as part of the ride-hailing firm's latest funding that seeks to raise $1 billion. The deal is supposed to be finalized in a few weeks.

A handful of somewhat futuristic technologies manifested themselves during discussions at the Emerging Technologies Conference last week at the Massachusetts Institute of Technology in Cambridge, Mass. Specifically, what Intel referred to as...

A video conferencing company based in Austin, Texas says it's going to pursue royalties on the transmission of JPEG images. And it's already found a licensee: Sony Corporation. Formerly...

OPTUS is rushing to transfer some 50,000 free Australian webmail accounts from the US as debt-ridden company Excite threatens to switch off its network. After buying out its joint cable internet venture...