Asia
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Softbank has completed its £24B cash acquisition of ARM Holdings
One of the biggest tech deals this year — and the biggest ever in the UK — has now closed. Today, Softbank announced that it has completed its acquisition of ARM Holdings, the semiconductor firm that it said in July it would acquire for £24 billion in cash (around $32 billion in today’s currency, $31 billion at the time of the deal), in order to make a big jump into IoT. As… Read More
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Pokémon Go lands Japanese mobile operator SoftBank as sponsored location
There may be a debate about whether we’ve reached peak Pokémon Go for gamers, but the hit title is just getting started with brands. That’s because Japanese mobile operator SoftBank is the latest company to sign up to be a “sponsored location” inside the game. Sony may unveil two new versions of the PS4 next month
Sony will reportedly unveil two new versions of the PlayStation 4 at its upcoming New York press event on September 7. Samsung leads India’s smartphone market, as Apple’s iPhone SE fails to take off
India continues to be one of the rare growth markets in the global smartphone industry after lodging a 17 percent year-on-year increase in shipments in the second quarter of 2016, according to a new report from IDC. Pokémon Go is now live in 15 more countries in Asia, but not India or China
The wait is over for many Pokémon Go fans in Asia, after the smash hit game went live in 15 new countries in the continent. Yet another red quarter for HTC as revenue drops 44% year-on-year
The latest HTC results, for its Q2, confirm another loss-making quarter for the smartphone and VR headset maker, with the Taiwanese company reporting revenue of NT$18.9 billion ($598 million) for the quarter versus the NT$33.0 billion ($1.07 billion) it made in the year ago quarter. That’s a drop of around 44 percent. Read More
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New Redmi Pro gives Xiaomi’s budget smartphone line a touch of class
Xiaomi dropped a surprise today when it outed its first laptop — perhaps predictably a cheap rival to Apple’s Macbook — at an event in Beijing, but it also made a more routine reveal: the Redmi Pro. News discovery app SmartNews nabs another $38M, now valued at $500M-$600M
As large platforms like Facebook and Apple position themselves as the new go-to places to read news, an independent app that started in Japan has landed a new round of funding to raise its own game. SmartNews — a news aggregation app that works with some 1,500 publications and selects stories for you based on your reading activity in the app — has raised another $38 million in… Read More
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Apple ordered to stop selling two iPhone models in China [Updated]
A Beijing court has ordered Apple to stop selling the iPhone 6 and 6 Plus in the city, having ruled that the phone’s design is too similar to a Chinese brand. The infringement claims were brought against Apple by Shenzhen Baili for its 100C smartphone, says the Beijing Intellectual Property Bureau. Apple can still appeal the decision. [See updated at bottom with Apple’s comment.]… Read More
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P2P mobile payment app Tapp raises $9 million to tap into the cash economy in Southeast Asia
Mobile phones have emerged as the dominant alternative payment method to cash for buying and selling goods and services in emerging markets. And with a service akin to alternative payment providers like M-Pesa and Pagatech in Africa and a slew of alternative payment platforms in Southeast Asia, Tapp’s technology is one that the region understands well. Read More
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