Asia
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MyMusicTaste, which allows fans to request live events, gets $11M Series C
MyMusicTaste, a Seoul-headquartered service that lets fans campaign to bring their favorite artists to their city, plans to double the concerts it organizes next year after raising an $11 million Series C. Samsung posts another record profit thanks to its chips business
Samsung posted another record quarter, and it again has its components business to thank for more stellar results. The Korea tech giant shrugged off scandals, which include a jail sentence for its de facto leader and last year’s Note 7 saga, to record a 14.53 trillion won ($12.92 billion) profit for the recent Q3 2017 period. Revenue came in at 62.05 trillion won ($55.18 billion), up… Read More
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iPhone 8 launch propels Apple to growth in China after 18 months of sales dips
Apple is finally back to growth in China. The company has broken a run of sales decreases that stretches back six quarters thanks to promising early signs for the newly released iPhone 8, according to a new report from Canalys. The analyst firm recorded 40 percent annual growth for Apple in Q3 2017 with 11 million shipments during the three-month period. It noted also that the iPhone 8… Read More
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India overtakes the US to become the world’s second largest smartphone market
Move over America, India is now the world’s second largest smartphone market. That’s according to a new report from Canalys which claims smartphone shipments in India crossed the 40 million mark for the first time in Q3 2017 courtesy of 23 percent annual growth. That means that India has overtaken the U.S. on sales with only China ahead of it. Given the huge gulf in populations… Read More
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Singapore to cap number of cars allowed on roads from 2018
Cars congesting roads is a problem in just about every major urban center around the world, but some areas are worst in this regard than others. Singapore is one of those, and it’s going to do something about it – the government there has announced that it will cut the annual growth rate of cars and motorcycles allowed on roads in the country from 0.25 percent to zero starting… Read More
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Home improvement startup Houzz partners with Indian media company Times Bridge
Houzz is expanding its presence in India by partnering with Times Bridge, the investment arm of The Times Group.
As a result of the deal, Houzz said its content will be integrated into The Times Group’s online properties, including the Times of India. A Houzz spokesperson said this will be “the authentic Houzz experience” with the full functionality of the platform, which… Read More
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Apple is looking into reports of iPhone 8 batteries swelling
Reports from a few iPhone 8 and iPhone 8 Plus buyers have suggested there could be an issue with the battery inside some of the devices swelling. Apple has now confirmed it is looking into the issue. HTC stock suspension adds fuel to Google acquisition rumors
HTC is to suspend trading of its stock on the TWSE tomorrow, ahead of what it says will be the release of “material information” pertaining to its business. Google debuts Tez, a mobile payments app for India that uses Audio QR to transfer money
After several weeks of speculation and leaked details, today Google officially unveiled its first big foray into mobile payments in Asia. The Android and search giant has launched Tez, a free mobile wallet in India that will let users link up their phones to their bank accounts to pay for goods securely in physical stores and online, and for person-to-person money transfers with a new twist:… Read More
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Renault-Nissan and Dongfeng partner to build electric cars for China
Another major automaker is setting up a dedicated joint venture to build EVs for the growing demand in China, joining Ford and Volkswagen: This time, it’s Nissan-Renault, which will work with China’s Dongfeng Motor, an automaker it partnered with last year to open its first factory in China. Automakers from outside China basically need a local dancing partner in order to make and… Read More
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