(opens original source in a new tab)South China Morning PostChina’s EV sales slide again amid fading incentives, weak demand and persistent price warDeliveries of electric vehicles (EVs) in China fell 3.9 per cent in July from a year earlier, extending their decline to a seventh consecutive month as fading government incentives and weaker consumer demand weighed on the market. Domestic sales of pure electric and plug-in hybrid vehicles last month also fell 5.8 per cent from June, according to data from the China Passenger Car Association (CPCA). “A bleak market outlook is likely to affect most small [EV] companies, as some of them will be... (opens original source in a new tab)Daniel Ren·12 August 2026
(opens original source in a new tab)Startup DailyThe Big 3 VCs back robot testing startup’s $11.5 million Seed raiseAlloy Robotics lands $11.5m from Australia’s VC trinity to slash robot test analysis from a day to 10 minutes. (opens original source in a new tab)Startup Daily·12 August 2026
(opens original source in a new tab)Startup DailyWhat to do when your business outgrows your brandThis story behind a rebrand is a reminder that sometimes, our businesses need to find an identity of their own. (opens original source in a new tab)George Hedon·12 August 2026
(opens original source in a new tab)The Hacker NewsCisco ASA and FTD Flaw Exploited in the Wild Can Trigger Remote DoSCisco has warned that a new vulnerability impacting Secure Firewall Adaptive Security Appliance (ASA) Software and Secure Firewall Threat Defense (FTD) Software has been exploited in the wild. The high-severity flaw, tracked as CVE-2026-20349 (CVSS score: 8.6), is a case of insufficient error checking when processing HTTP requests that could allow an unauthenticated, remote attacker to trigger (opens original source in a new tab)info@thehackernews.com (The Hacker News)·12 August 2026
Blockchain & Crypto (opens original source in a new tab)Fintech News SingaporeBRICS Explores CBDC Links to Cut Cross Border Payment CostsBRICS is examining ways to make cross-border payments cheaper through closer links between fast payment systems and central bank digital currencies (CBDCs). Reserve Bank of India Governor Sanjay Malhotra said the proposals remain under discussion, according to Reuters. Possible approaches include greater interoperability between members’ instant payment networks and connections between their respective CBDCs. The [...] The post BRICS Explores CBDC Links to Cut Cross Border Payment Costs appeared (opens original source in a new tab)Fintech News Singapore·12 August 2026
Startups (opens original source in a new tab)WamdaCobi secures $1 million pre-seed led by Lunara PartnersUAE-based customer intelligence startup Cobi has raised $1 million in a pre-seed round led by Lunara Partners, with participation from Plug and Play, Annex Investments and Spring. Founded in 2024 by Darren Edmund and Botlhale Mosoane, Cobi develops an AI-powered customer intelligence platform that analyses behavioural, transactional, product and engagement data to help businesses identify customer changes and recommend actions. The funding will be used to expand enterprise deployments across the (opens original source in a new tab)12 August 2026
Startups (opens original source in a new tab)WamdaArab Therapy closes $2 million pre-Series ABerlin-based and Jordan-born digital mental health startup Arab Therapy has raised $2 million in a pre-Series A round led by Manara Ventures, with participation from Anara Impact Fund and Value Makers Studio (VMS). Founded in 2021 by Jordanian entrepreneurs Dr Tareq Dalbah and Hekmat Al Hasi, Arab Therapy provides Arabic-language mental healthcare through online therapy sessions with licensed specialists, mental health content and AI-powered tools. The startup operates across B2C and B2B models, (opens original source in a new tab)12 August 2026
(opens original source in a new tab)CoinDeskCrypto.com rolls out tokenized stock derivatives as crypto exchanges push into equitiesThe exchange is joining a tokenized stock market that has grown 600% in a year, though its products offer price exposure rather than share ownership. (opens original source in a new tab)Krisztian Sandor·12 August 2026
(opens original source in a new tab)YourStoryFrom cyber defence to care and contracts: AI100's eighth cohort puts AI to workAI100's eighth cohort spotlights three leaders embedding intelligence into the systems enterprises rely on — data security, healthcare, and contracts. (opens original source in a new tab)12 August 2026
(opens original source in a new tab)Fintech News Singapore2026 Singapore Digital Banking Report: Winners and Losers So FarDigital banks, possibly everywhere else in the world, unlocked their markets by being better at technology than the others in the market, but this is not the case for Singapore. The 2026 Singapore Digital Banking Report reveals that Singapore’s five digital banks compete on one big factor: the clients they’re serving. From borrowers with little [...] The post 2026 Singapore Digital Banking Report: Winners and Losers So Far appeared first on Fintech Singapore. (opens original source in a new tab)Annette Rowena·12 August 2026
(opens original source in a new tab)YourStoryAditya Gupta: Building intelligence into contracts at scaleFrom early experiments in autonomous systems to embedding AI at the core of enterprise workflows, the Sirion CTO is reimagining how contracts are understood, managed, and acted upon. (opens original source in a new tab)12 August 2026
