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SoftBank pours $4.4B into WeWork
WeWork just announced that it’s receiving a massive $4.4 billion investment from SoftBank Group and SoftBank Vision Fund.
It’s been less than a month since WeWork announced $500 million in funding for a standalone WeWork China business, which SoftBank participated in. It’s also launching in Japan through a joint venture with SoftBank — so this funding deepens an… Read More
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Samsung’s Bixby assistant is now available for Galaxy S8 owners worldwide
Samsung’s Bixby voice assistant is now global after it expanded into over 200 countries today.
Bixby is Samsung’s answer to Apple’s Siri, Amazon’s Alexa and other virtual assistants. It got off to a bumpy start when it didn’t ship with the launch of the Galaxy S8, Samsung’s top-of-the-range device for this year, in March. Samsung rolled out a… Read More
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Prisma shifts focus to b2b with an API for AI-powered mobile effects
The startup behind the Prisma style transfer app is shifting focus onto the b2b space, building tools for developers that draw on its expertise using neural networks and deep learning technology to power visual effects on mobile devices. LG confirms its next smartphone will feature a massive six-inch OLED screen
Less than 24 hours after a leak seemingly confirmed that Samsung’s upcoming Galaxy Note 8 will pack a gigantic screen, LG has confirmed long-standing rumors that its next smartphone will feature an OLED screen. The Korean firm detailed some details of its next device, believed to be the V30, including its “plastic OLED FullVision display.” Why go with an OLED? Read More
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Chinese smartphone makers closing the gap on iPhone, Samsung
While Samsung and Apple continued to occupy long-time number one and two spots in the global smartphone market in the second quarter of the year, Chinese Android OEMs Huawei, Oppo and Xiaomi are continuing to close the gap. Here’s an early look at the Samsung Galaxy Note 8
We’re just weeks away from Samsung’s next major launch event on August 23, and already we have a full visual of the device it is expected to unveil — the Galaxy Note 8. That’s courtesy of prolific smartphone leaker Evan Blass — who correctly detailed Samsung’s Galaxy S8 before it was announced earlier this year — and a couple of photos of the… Read More
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LG says its flagship G6 smartphone isn’t selling as well as expected
LG’s mobile business is in a sticky patch after the company admitted its flagship LG G6 smartphone hasn’t sold as well as expected. LG Electronics itself posted a business-wide operating income of KRW 664.1 billion (USD 588.2 million) on overall revenue KRW 14.55 trillion (USD 12.89 billion). While LG’s operating income rose by 14 percent year-on-year to outpace a four… Read More
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Report: Xiaomi sales climb but Huawei remains China’s top smartphone brand
China’s Xiaomi, once the world’s highest valued tech startup, is getting over a disappointing two years with a notable spike in sales in its homeland during the second quarter of 2017. That’s according a new report from analyst firm Canalys, which estimates that Xiaomi, which was valued at $45 billion at the end of 2014, shipped 15 million phones during the quarter to… Read More
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Freshdesk owner Freshworks acquires Joe Hukum as it plans a move into chatbots
After raising $55 million last year to build its business beyond its existing help desk services, today Freshworks (the parent company of Freshdesk) has made an acquisition to help it fill out that strategy. The company has acquired Joe Hukum, a startup out of India that offers a platform for businesses to build their own chatbots. I’ve asked, but the companies are not revealing any terms… Read More
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CompareAsiaGroup scores $50M from investors including IFC, Alibaba and Goldman Sachs
CompareAsiaGroup, which runs online financial marketplaces in seven Asian countries, has closed a $50 million Series B. The round was led by the International Finance Corporation (IFC), a member of the World Bank Group, and includes capital from new investors Alibaba, SBI Group, and H&Q Utrust. Returning investors also participated. Read More
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