Asia
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Trends
Indian researchers built the country’s very first native microprocessor
India has taken its first step in microprocessor development thanks to a research team of Indian Institute of Technology-Madras (IIT-M). The researchers…
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Trends
Alibaba cuts its revenue forecast as growth slackens
Alibaba’s long stretch of growth finally broke after the Chinese e-commerce giant reported somewhat underwhelming financial results for its Q2…
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Finance
Korean lending startup PeopleFund raises $11M led by chat app Kakao’s payment unit
South Korean peer-to-peer lending startup PeopleFund is in the money itself after it raised an $11 million Series B funding round…
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Trends
Baidu hits the gas on autonomous vehicles with Volvo and Ford deals
China’s search engine giant Baidu is continuing its partnership spree for Apollo, its open development platform for autonomous driving, after…
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Trends
China’s Youon expands into Europe as other bike startups backpedal worldwide
A little known Chinese bike company is riding into Europe as its peer Ofo has applied the brakes to its…
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Trends
Chat app Line’s games business raises $110M for growth opportunities
Messaging app firm Line has given up majority control of its Line Games business after it raised outside financing to…
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Trends
KKR’s latest Southeast Asia bet is a $144M investment in PropertyGuru
Global investment giant KKR is warming up to Southeast Asia after it made a third high-profile investment. The firm —…
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Trends
China’s ByteDance leapfrogs Uber to becomes world’s most valuable startup
Move aside Uber, China’s ByteDance is now the world’s highest-valued tech startup. That’s according to reports from Forbes and Bloomberg…
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