Tech Scroll Asia, your guide to the billions made and lost in Asia tech

Jump in downloads helps Japanese video game group score 41% rise in profit

Charles Li will not seek reappointment when contract expires in October 2021

Phone-based system controls entry and exit to neighbourhoods and taxi cabs

Research finds WeChat analyses messages from users registered outside China to train its algorithms

Washington’s stance is alarming US allies when a joint approach is needed

A collapse in global car-booking demand was offset by a surge in food delivery at Uber

Two sides hold call on ‘phase one’ deal in rare easing of war of words over pandemic

Government’s travel ban due to coronavirus makes it nearly impossible for citizens to return home

Trust between the countries has deteriorated during the pandemic and is close to its lowest point since 1979

Founders plan for further expansion in Wuhan and beyond

After years of working in mobile advertising, founder Niles Lichtenstein discovered a box of records from his late father. That compelled him to start putting together memories and online histories earlier, by documenting his mother’s life history and how he first met his wife. That developed into an interactive timeline where he collected songs from […]

In the face of rising U.S. income inequality and concerns about job loss to automation, some of Silicon Valley’s best-known names including Y Combinator’s Sam Altman have spoken up in favor of a universal basic income that would give people a baseline standard of living in an economy that may not be able to produce […]

It’s not a converted industrial warehouse in Brooklyn. Or a stately, century-old building in the Flatiron. But YC-backed Regalii’s atypical office location up in the Dominican-heavy Washington Heights neighborhood of Manhattan has given it plenty of insights into its working-class immigrant customer base. The startup, co-founded by several Latino founders who personally knew the hassles of sending money home, […]

“Capitalists both in the Old World and the States, even now, have but little faith in California. They regard this country and everything relating to it as one grand bubble, liable to burst at any moment…. This is how it should be. The wealth of California is thereby passing into the hands of young, active, […]

Kim-Mai Cutler Contributor Kim-Mai Cutler is an operating partner for Initialized Capital, an early-stage venture firm and was previously a journalist covering technology, finance and policy issues at TechCrunch -- best-known for her long-form work on the Bay Area. More posts by this contributor The outlook for Bay Area startup space in 2017 OpenVote launches […]

Donald Trump’s all-guns-blazing approach is a sure way to a lose-lose break with Beijing

Boris Johnson stood up to Washington over Huawei, but he badly needs a US trade deal

Covid-19 and his brush with mortality present the UK prime minister with a unique chance

The relationship of unequals has seen both Beijing and Moscow wrongfooted by the crisis

Stilt, a Y Combinator alum that provides financial services for immigrants without Social Security numbers or credit reports, announced today that it has closed a $7.5 million seed round. It also launched FDIC-insured pre-approved global bank accounts today. The startup has raised equity from investors including Liron Petrushka; Hillsven Capital; Streamlined Ventures; Gokul Rajaram; Bragiel […]

We’re not letting this pandemic disrupt Disrupt SF 2020. Like any determined early-stage startup founder, we’re adapting and moving forward. Can’t join us in person on September 14-16? No problem. Take advantage of Digital Startup Alley, a completely new way to disrupt. Place your startup in front of influential movers and shakers and keep your […]

Chris Lynch, a founder and former general partner at Boston-based seed-stage fund Accomplice, remembers “VC Mountain in Waltham.” Back then, entrepreneurs on funding quests would visit a building overlooking the Waltham Reservoir near Boston where they pitched to a few investors: Matrix Partners, Charles River Ventures and Highland Capital Partners. “And if they didn’t invest in […]

Maker of Fiat and Chrysler burns through billions of euros in cash in first quarter

Demand in most profitable market nears 2019 level but brand expects slower revival in Europe

French startup Shine is adding a new option today. If you think there’s a chance that a client is not going to pay your next invoice, you can insure that invoice to avoid any bad surprise. Shine is building a challenger bank for freelancers and small companies. It lets you send and receive money in […]

Meet Biloba, a French startup that wants to leverage tech to make it easier to keep your children healthy. The company recently launched a new mobile app that lets you chat with a doctor whenever you want between 8 AM and 8 PM. This way, if you have questions about your kids, you can get […]

We knew it was going to be bad — but not necessarily “lowest level since 2013” bad. As Apple was busy reporting its earnings, Canalys just dropped some of its own figures — and they’re not pretty. After two quarters of much-needed growing, the global smartphone market just took a big hit. And you no […]

Hooq, a five-year-old on-demand video streaming service that aimed to become “Netflix for Southeast Asia,” has shut down weeks after filing for liquidation and terminated its partnerships with Disney’s Hotstar, ride-hailing giant Grab, and Indonesia’s VideoMax. Hooq Digital, a joint venture among Singapore telecom group Singtel (majority owner), Sony Pictures, and Warner Bros Entertainment, discontinued […]

Quarter after quarter, familiar stories have appeared. The smartphone market, once seemingly bulletproof, has suffered. The list of factors is long, and I’ve written about them ad nauseam here, but the CliffsNotes version is: costs are too high, innovation is too incremental and most people already own a device that will be plenty good for […]

In the time many of us live in now, we all know our online media consumption is — to state the obvious — going through the roof. Subsequently, the amount of data pertaining to online marketing is, equally, reaching stratospheric heights and in recent years tech companies like Datorama and Funnel.io, SuperMetrics and Adverity have appeared to […]

By the summer of 2016, Marie Outtier had spent eight years as a consultant advising media agencies and martech companies on marketing growth strategy. Pierre-Jean “PJ” Camillieri started as a music software engineer before joining one of Apple’s consumer electronics divisions. Inspired by Siri, he left to start Timista, a smart lifestyle assistant. When the […]

Revolution Ventures raises another $215 million to invest outside of the hotbeds.

The Midwest may not be known as the fashion capital of the world (or even the U.S.), but its place in the consumer retail firmament is secure through L Brands and its Victoria’s Secret and Bath & Body Works subsidiaries. Now, venture investors are investing $17.3 million to establish another tent-pole clothing brand in the […]

The new Extra Crunch Live series is taking flight this week. Today we’re talking to Cowboy Ventures’ Aileen Lee and Ted Wang. This Thursday we’re keeping the parade of well-known investors coming, when Charles Hudson will join Natasha Mascarenhas and I for a deep-dive into all things pre-seed and seed. Extra Crunch Live Episode 2: […]

A heavy debt load scuppered the business 

Emerging economies that have long tested investors’ patience say they need fresh help

Sale of German broadband provider rescues buyout firm’s performance

US private equity firm plans further share in group shaken by fallout from Luckin Coffee scandal

Financial education has an important role to play to prepare children for an uncertain future

Many put a company’s economic recovery before ESG commitments in coronavirus crisis

Row escalates between Elizabeth Warren, Blackstone and KKR after coronavirus crisis prompts cuts

French group braced for revenue losses this quarter despite reopening most of its China factories

Herbert Diess wants to sell 26m emission-free vehicles in 9 years, overtaking rivals including Californian electric pioneer

Blume says industry faces supply constraints because of production ‘bottleneck’

Jingye to keep close contact with Paris as it completes takeover and saves 3,200 jobs

Battery maker Livent says industry is looking to diversify away from China

World’s biggest carmakers reveal costs of pandemic shutting down factories around world

Heavy toll on jobs through lay-offs and cuts in pay and hours as one of region’s key industries comes to ‘abrupt halt’

Japanese conglomerate expects rebound in construction industry as cities end lockdowns