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Shares Of Japanese Tech Giant Rakuten Jump 20% After Stake Sale To Walmart, Tencent

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CNBC
 
Key PointsShares of Japanese tech giant Rakuten jumped 20% on Monday after it announced plans to raise $2.2 billion in a bid to better compete with its U.S. rivals.Rakuten said in Friday it will issue new shares to Japan Post, Tencent and Walmart.Hiroshi Mikitani, Rakuten’s founder, chairm...

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Meiko Implements Mobile Ticketing On Its Network In Japan

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INTELLIGENT TRANSPORT
 
Japanese operator Meiko Bus has implemented a mobile ticketing system across its network, including on its busy Shirahama Onsen route.
Meiko Bus has implemented a mobile ticketing system on its network, including on its popular Shirahima Onsen route. The Shirahama area, on...

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Japanese Tech Giant Rakuten To Raise $2.2 Billion By Issuing New Shares To Walmart, Tencent And Japan Post

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CNBC
 
Key PointsRakuten said it will issue 211,656,500 shares at 1,145 Japanese yen ($10.5) per share.Founded in 1997, Rakuten has over 70 businesses and 1.4 billion members worldwide.Its e-commerce site is one of the most popular in Japan but the company’s market value is a fraction of Amazon’s...

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Digital Technology Veteran Yoshiyuki Ueda Joins ON24 as Country Manager of Japan

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YAHOO NEWS
 
Ueda brings more than 20 years of digital experience to ON24 to help accelerate customers' digital transformation initiatives
ON24 (NYSE: ONTF) today announced that Yoshiyuki Ueda has joined the company as country manager of Japan. He is responsible for developing strategic customer ...

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Japan's 'Solidarity' Quake Tax May Be Model To Foot Pandemic Bill

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JAPAN TODAY
 
Japan is paying for the huge cost of rebuilding areas hit by the March 2011 earthquake and tsunami with a special "solidarity" tax that could become a model to shoulder the much bigger spending needed to combat the coronavirus pandemic.
Households are bearing the brunt of the bill, ...

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Previously leaked Sony Xperia Compact may be Japan-only ‘Xperia Ace 2’

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GSM ARENA
 
Reports began surfacing last year regarding a compact Sony Xperia smartphone. An Xperia smartphone’s renders leaked with a 5.5-inch screen and dual cameras. While many were excited about the possibility of the return of Sony’s popular Compact series, it seemed that the leaked render d...

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Japan Supercomputer Shows Doubling Masks Offers Little Help Preventing Viral Spread

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FOX BUSINESS
 
 The findings in part contradict recent recommendations from the U.S. Centers of Disease Control and Prevention (CDC) that two masks were better than one
Japanese supercomputer simulations showed that wearing two masks gave limited benefit in blocking viral spread compared with one...

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Businesses In Tokyo Area Say State Of Emergency Extension Was Inevitable

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JAPAN TODAY
 
Businesses in the Tokyo metropolitan area said Friday's extension of the coronavirus state of emergency declared over the Japanese capital and nearby prefectures was inevitable given the virus situation but fretted over insufficient government aid.
"While I thought re-extension (of ...

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Honda Launches Next-Level Autonomous Vehicle

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THE JAPAN NEWS
 
Honda Motor Co. released the world’s first commercially available vehicle equipped with Level 3 automated driving technology on Friday.
When Honda’s Legend luxury sedan is in self-driving mode, the system can take control enabling the person in the driver’s seat to engage in such...

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Yahoo Japan Operator, Line Merge To Take On Foreign Tech Giants

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JAKARTA POST
 
Z Holdings, operator of Yahoo Japan online services, and messaging app provider Line merged on Monday to expand their online services globally as they aim to better compete with US and Chinese tech giants. With a combined user base of about 150 million in Japan, the merger of Z Hol...

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