World

There’s confusion about whether a meeting between Facebook founder Mark Zuckerberg and the European Union’s parliament — which is due to take place next Tuesday — will go ahead as planned or not. The meeting was confirmed by the EU parliament’s president this week, and is the latest stop on Zuckerberg’s contrition tour, following the Cambridge Analytics
0 Comments
Bossa Studios, the London gaming startup backed by Atomico and behind popular titles ‘Surgeon Simulator’ and ‘I am Bread’, is embarking on its biggest and most ambitious project yet. Described as a “Community-Crafted MMO,” where players have literally co-built the game’s environment and will continue to do so, Worlds Adrift sees its wider public outing
0 Comments
French startup OpenClassrooms is raising $60 million from General Atlantic, with existing investors Citizen Capital, Alven and Bpifrance also participating. OpenClassrooms is the most popular massive open online course platform in France. But the startup has evolved beyond on-demand courses to provide full-fledged degrees. You can now get a degree certified by the French state
0 Comments
Warnings that Tencent, Asia’s highest-valued tech company, might suffer a rare poor quarter of business proved unwarranted after the company smashed analyst expectations for its latest earnings thanks to its fast-growing mobile games business. The company reported a net profit of 23.29 billion CNY ($3.7 billion) on revenue of 73.53 billion yuan ($11.5 billion) — beating a Thomson
0 Comments
Russian cybersecurity software maker Kaspersky Labs has announced it will be moving core infrastructure processes to Zurich, Switzerland, as part of a shift announced last year to try to win back customer trust. It also said it’s arranging for the process to be independently supervised by a Switzerland-based third party qualified to conduct technical software reviews. “By
0 Comments
In reaction to criticism around the use of Messenger in some countries worldwide, particularly Myanmar, Facebook has introduced new tools that it allow users of the app to report conversations that violate its community standards. A new tab inside the Messenger app lets users flag messages under a range of categories that include harassment, hate
0 Comments
Carro, an automotive classifieds service and car financing startup based in Singapore, has closed a $60 million Series B round to scale its business in Southeast Asia. The deal was co-led by SoftBank Ventures Korea, Insignia Ventures — the firm from ex-Sequoia Asia partner Yinglan Tan — and Facebook co-founder Eduardo Saverin’s B Capital Group.
0 Comments
In a remarkable development, President Trump has thrown an olive branch to controversial Chinese telecom firm ZTE . The company, which sells telcom network equipment and consumer devices including smartphones, said on Wednesday that it would cease its main business operations after the U.S. Department of Commerce announced a seven-year export restriction for the company, resulting in
0 Comments