Southeast Asia’s Playlab invests $1M in Brazilian gaming startup Cupcake Entertainment

 Thailand-based casual game studio Playlab has turned investor after it invested $1 million into Cupcake Entertainment, a…

Samsung vice chairman arrested on bribery charges

 Samsung vice-chairman/heir-apparent Jay Y. Lee has been arrested in Korea on charges of corruption. Lee is…

India-based used car marketplace Truebil refills its tank with $3M raise

 Truebil, a marketplace for selling used cars in India, has closed a $3 million post-Series A…

Google inks third carrier, Telenor, to its Android RCS messaging play

 Another mobile carrier, Telenor, has partnered with Google to roll out a next-gen SMS tech —…

Baidu furthers AI push with acquisition of digital assistant startup Raven Tech

 Baidu is furthering its push into artificial intelligence after it announced the acquisition of Raven Tech,…

mClinica raises $6.3M to map healthcare data in Southeast Asia

 Health startups are pulling in money in Southeast Asia. A week after wellness-focused insurance brokerage CXA drew $25…

PromisePay rebrands to Assembly Payments and nets partnership with Gumtree

 Australia-based payment firm PromisePay, which raised $10 million last year, has a double shot of news…

HTC has another tough quarter, with revenue down 13% YOY, but smaller losses

 HTC’s latest financials make for another fairly dismal read for the mobile device and VR headset…