NEC Establishes New US$150 Million CVC Fund

TOKYO, Dec 17, 2021 - (JCN Newswire via SEAPRWire.com) - NEC Corporation (TSE: 6701) today announced the establishment of the "NEC Orchestrating Future Fund," a corporate venture capital (CVC) fund aiming to drive the ecosystems required to create social value through collaboration with customers and partners, and to promote new external services, knowledge and technologies. Structure of the CVC Fund EcosystemBy the end of June 2022, the CVC fund plans to raise capital from corporate enterprises that share the same goals of the fund, and to reach a total investment of US$150 million. NEC believes that the evolution of network technology and the transformation of digital services will drive the creation of new social value. The CVC fund will invest in both technology and services, and aim to maximize the investment by generating synergies. In addition, NEC will work to accelerate new business development activities by building ecosystems with corporate enterprises and portfolio startups. The fund has six areas of focus - 5G/6G, Digital Government/Digital Finance, Smart City, DX, Healthcare and Life Sciences, and Carbon Neutral. About NEC CorporationNEC Corporation has established itself as a leader in the integration of IT and network technologies while promoting the brand statement of "Orchestrating a brighter world." NEC enables businesses and communities to adapt to rapid changes taking place in both society and the market as it provides for the social values of safety, security, fairness and efficiency to promote a more sustainable world where everyone has the chance to reach their full potential. For more information, visit NEC at https://www.nec.com. Copyright 2021 JCN Newswire. All rights reserved. (via SEAPRWire)

Tennis: Germany beat Britain to reach Davis Cup semi-finals

INNSBRUCK, AUSTRIA (REUTERS) - Germany duo Kevin Krawietz and Tim Puetz sent their country into the Davis Cup semi-finals as they beat British pair Joe Salisbury and Neal Skupski to earn a 2-1 victory on Tuesday (Nov 30). Their 7-6(10) 7-6(5) win sealed a remarkable comeback for the Germans in Innsbruck, who avenged their defeat at the same stage of the competition by Britain in 2019. Dan Evans had given Britain the lead by thrashing Peter Gojowczyk 6-2 6-1 in the first singles. But Jen-Lennard Struff kept Germany alive in the last-eight clash with an inspired performance to defeat world number 12 Cameron Norrie in Innsbruck. Struff won 7-6(6) 3-6 6-2 to send the tie into the deciding doubles rubber which proved a tense affair. The German pair saved four set points on their way to winning the first set in a remarkable tiebreak. They were then 5-0 down in the second tiebreak of the match but reeled off seven consecutive points to seal the win. More on this topic   Related Story Tennis: Croatia claim surprise Davis Cup win over Italy to reach semis   Related Story Tennis: Champions Spain out of Davis Cup after loss to Russia

FAR REACH CAPITAL宣布推出支持多种金融产品的交易平台

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Tennis: Tiafoe stuns Tsitsipas in Vienna, as Zverev racks up 300th win

VIENNA (AFP) - Frances Tiafoe hit back from 3-0 down in the final set to shock top seeded Stefanos Tsitsipas 3-6, 6-3, 6-4 and reach the Vienna ATP quarter-finals on Thursday (Oct 28). Tiafoe, 49 in the world, now boasts a 2-1 head-to-head record over third-ranked Tsitsipas after coming out on top at Wimbledon before the Greek star gained revenge at the Tokyo Olympics. The 23-year-old Tiafoe will next play eighth seed Diego Schwartzman, who defeated Frenchman Gael Monfils 7-6 (7/5), 4-6, 6-2. "For me it was an important match. The only bad part is I cannot see Paris Saint-Germain tomorrow with Lionel Messi in France. I'm kidding, I'm kidding!" Schwartzman said in his post-match interview, referring to reaching the French capital ahead of next week's Paris Masters. German second seed Alexander Zverev earned his 300th tour-level win by seeing off Alex de Minaur 6-2, 3-6, 6-2 to also reach the quarter-finals. "This is definitely a massive milestone for me," Zverev said after firing 17 aces past the Australian. More on this topic   Related Story Tennis: Raducanu turns on charm offensive   Related Story Tennis: Just a matter of time before I break through, says Murray

Tennis: Djokovic moves closer to Slam with US Open fightback win

NEW YORK (AFP) - Novak Djokovic moved within four matches of completing the first men's singles calendar-year Grand Slam in 52 years on Saturday (Sept 4), rallying to beat Japan's Kei Nishikori at the US Open. Top-ranked Djokovic improved to 18-2 overall against Nishikori, taking his 17th consecutive victory in the rivalry by 6-7 (4/7), 6-3, 6-3, 6-2 at Arthur Ashe Stadium. "I was very pleased with the focus," Djokovic said. "Maybe at some points I wasn't my best, but I was determined and focused and that made the difference." The 34-year-old Serbian star advanced to a fourth-round matchup on Monday against either 99th-ranked US wildcard Jenson Brooksby or Russian 21st seed Aslan Karatsev. With a fourth career US Open trophy, Djokovic would complete the first men's singles sweep of major titles in the same year since Rod Laver in 1969. Djokovic also chases history in quest of his 21st career Grand Slam title, which would break the deadlock for the men's record he shares with Rafael Nadal and Roger Federer, both absent with injuries. Djokovic, who briefly held all four Slam crowns at once after the 2016 French Open, also beat Nishikori in the Tokyo Olympic quarter-finals. Nishikori has not beaten Djokovic in seven years. Nishikori broke in the third game on an errant Djokovic backhand but the Serb broke back to 4-4 when Nishikori netted a forehand. In the tie-breaker, Nishikori won the final three points, the last on a service winner. "I don't think I started off very well," Djokovic said. "I was too passive. He was dictating the play. I was still trying to find the tempo. It took me a little bit of time to adjust to his game." Djokovic, who made 20 unforced errors in the opening set, broke for a 2-1 lead in the second on a backhand cross-court volley winner. He then saved five break points before holding in the fourth game and two more in the sixth before breaking in the ninth for the set when Nishkori sent a backhand wide. In the third set, Djokovic fired a backhand winner to break for a 3-1 lead, sent a forehand wide to hand Nishikori a break in the seventh game then broke back on a netted Nishikori forehand and held to take the set. In the fourth, Nishikori swatted a forehand long to hand Djokovic a break for a 3-2 lead and the world number one didn't drop another game. "Big credit to Kei, who played on a very high level," Djokovic said. "He did surprise me with his level. He was quick. It was tough. Great fight from him." Wimbledon runner-up Matteo Barrettini, the Italian sixth seed, outlasted Ilya Ivashka of Belarus 6-7 (5/7), 6-2, 6-4, 2-6, 6-3 after three hours and 46 minutes to reach a last-16 match with 144th-ranked German qualifier Oscar Otte, who beat Italy's Andreas Seppi 6-3, 6-4, 2-6, 7-5. Sakkari beats Kvitova Greek 17th seed Maria Sakkari, a French Open semi-finalist, ousted two-time Wimbledon champion Petra Kvitova 6-4, 6-3, booking a fourth-round matchup against 2019 US Open winner Bianca Andreescu. Czech 10th seed Kvitova double faulted on the final point to hand Sakkari the victory after 81 minutes. Canadian sixth seed Andreescu improved to 10-0 at the US Open, advancing over 104th-ranked Belgian lucky loser Greet Minnen 6-1, 6-2. "I'm very happy with my performance," Andreescu said. "For me to perform like this on this kind of stage it's an honour." More on this topic   Related Story Tennis: Berrettini survives five-set test to reach US Open fourth round   Related Story Tennis: Sakkari powers through Kvitova to reach US Open fourth round Tokyo Olympic champion Belinda Bencic, a 2019 US Open semi-finalist, defeated US 23rd seed Jessica Pegula 6-2, 6-4. The Swiss 11th seed will next face Polish seventh seed Iga Swiatek, last year's French Open champion, who beat Estonian Anett Kontveit 6-3, 4-6, 6-3. "I was really happy with the way I played," Bencic said. "It was nice tennis." More on this topic   Related Story Tennis: Andreescu rolls through to US Open fourth round   Related Story Tennis: Bencic serves up masterclass to reach US Open fourth round Night matches on Ashe include world number one Ashleigh Barty of Australia against American Shelby Rogers and Tokyo Olympic champion Alexander Zverev, the fourth seed from Germany and 2020 US Open runner-up, against 184th-ranked US wildcard Jack Sock. British 150th-ranked qualifier Emma Raducanu routed Spain's Sara Sorribes Tormo 6-0, 6-1 in 70 minutes. The 18-year-old, who hasn't dropped a set, could face reigning Wimbledon champion Barty next. More on this topic   Related Story Tennis: Relentless Raducanu races into US Open last 16   Related Story Tennis: Osaka earns support after announcing break from sport