In case you’ve been living under a very large, dark rock, you’ll know that Chinese tech is poised to take on the world – trade war or no. And while western headlines…
Sequoia Closes India and SE Asia Fund at $695m
Sequoia Capital has closed its latest fund for India and southeast Asia at $695 million. It is the Californian VC’s sixth in India since it expanded into the country in 2012, which…
South Korean Government Sets Aside $880m for Blockchain
South Korea’s government has ringfenced $880 million in its annual budget next year, to invest in high-innovation technology – particularly the blockchain. In a release issued on Tuesday, the country’s deputy prime…
Klook Looks Global with $200m Funding Round
Travel platform Klook has won a $200 million Series D funding round, as the Hong Kong-headquartered firm looks to expand beyond its strong Asian base. The round, led by firms including Sequoia…
Google Tries to Contain Employee Fury over Censored China Search Engine
Google has locked employees out of sensitive documents, as it faces an employee backlash over its highly secretive plans to unveil a censored search engine for China. The outrage, reported by The Intercept,…
5 Japanese Startups You Should Check Out Now
Japan’s economy stands at a precarious crossroads. Still recovering from the 2008 financial crisis, its central bank refused on Tuesday to print more money – or do anything really – to crawl…
Media Startup Quartz Bought by Japan’s Uzabase
New York news portal Quartz is being sold to a Japanese media company in a deal worth up to $110 million, as the latter seeks to expand its international footprint. Uzabase, a…
Purple Pays: XM Cyber and the Importance of Security Automation
“The state of global cybersecurity is not faring well,” warns XM Cyber co-founder and CEO Noam Erez, “and the consensus is that it’s about to get worse.” That outlook might seem bad…
Trump’s Artless Dealmaking Could Seriously Harm the Tech Industry
“My style of deal-making is quite simple and straightforward,” wrote Donald Trump in his 1987 book Trump: The Art of the Deal. “I aim very high, and then I just keep pushing and pushing…
Alibaba Heads Investment in Israel’s SQream DB
Alibaba has spearheaded a Series B funding round in Israeli company SQream DB, marking its first major investment in the Middle Eastern nation. The round, totaling $26.4 million, also included Hanaco Venture…