Brief

Brief: Uber’s revenue hits $6.5b in 2016, still losing $2.8b

April 15, 2017 0

Photo credit: Freestocks.org Uber has revealed that its revenue growth has outpaced losses, and that it still has enough cash reserves to tide through years

Brief: Singapore admits Smart Nation moving too slowly

April 15, 2017 0

Photo credit: doe5999 / 123RF Stock Photo. Singapore’s Prime Minister Lee Hsien Loong recently said that the country’s Smart Nation initiative isn’t moving as fast

Brief: Baidu acquires xPerception to boost its computer vision tech

April 14, 2017 0

Baidu’s Silicon Valley AI Lab is based in Sunnyvale, California. Photo credit: Tech in Asia. The Chinese search giant announced today its acquisition of xPerception, a

Brief: Jeff Bezos’ recipe to prevent Amazon’s death

April 13, 2017 0

Jeff Bezos, CEO and founder of Amazon. Photo credit: Steve Jurvetson. Amazon CEO Jeff Bezos, in his annual letter to shareholders, outlined his philosophy for

Brief: Baidu acquires acquires xPerception to boost its computer vision tech

April 13, 2017 0

Baidu’s Silicon Valley AI Lab is based in Sunnyvale, California. Photo credit: Tech in Asia. The Chinese search giant announced today its acquisition of xPerception, a

Brief: Muslim fashion marketplace raises funds from 500 Startups, others, at $10m valuation

April 13, 2017 0

Ben Soebiakto, one of Muslimarket’s co-founders, is also co-founder of Kapanlagi. Muslimarket closed a series A round of funding at a valuation of around US$10

Brief: You could see more ads on Facebook Messenger soon

April 12, 2017 0

Photo credit: Viktor Hanacek Facebook has revealed a surprise: it plans to focus on advertising as Facebook Messenger’s primary revenue model. Many expected Messenger to

Brief: Foreign companies might need permission to move data out of China soon

April 12, 2017 0

Cross-border ecommerce companies might need approval from the Chinese government to move customer data out of China if drafted regulations are passed. Photo credit: dedivan1923

Brief: Indonesia’s largest telco to unban Netflix

April 12, 2017 0

The world’s leading video streaming site Netflix has worked out a deal with Indonesia’s largest telco, Telkom. This means Netflix will soon be available to

Brief: Amazon gets payments license to run wallet in India

April 12, 2017 0

Original photo credit: Pixabay. Amazon India has received a payment license from the Reserve Bank of India to offer a wallet to its users. Only