Overseas:
1. Koenigsegg takes $170 million investment from NEVS, says will ramp up electrification
2. Facebook plans new products as Instagram Stories hits 500M users/day
3. Free streaming service Tubi plans to invest $100M+ on content in 2019, expand internationally
4. Amazon partners with New York colleges on a cloud computing job training program
5. Foxconn pulls back on its $10 billion factory commitment
6. Facebook’s VPN app puts spotlight on kids’ consent
7. Rebooted startup program WeWork Labs celebrates its one-year anniversary
8. Apple bans Facebook’s Research app that paid users for data
9. American Airlines taps Apple Music for in-flight entertainment
10. Google is using 3D printers to re-create ancient artifacts
11. SF denies Spin’s appeal to operate electric scooters, but offers some hope
12. FabFitFun raises $80 million for its growing lifestyle brand
13. Wanna Kicks, a new AR app from Wannaby, lets you virtually ‘try on’ your next pair of kicks
14. Altice to acquire majority stake in OTT startup Molotov
15. Stripe valued at $22.5bn after $100m follow-on fundraise
China:
1. China continues 5G push despite economic slowdown and Huawei setbacks
2. Alibaba’s growth slows to lowest in 3 years
3. Tencent Music and South Korea SM Entertainment build up a strategic partnership
5. Quantic Dream Teams Up With Netease Games
6. China’s work ethic stretches beyond ‘996’ as tech companies feel the impact of slowdown
Mobile:
1. You can pre-order Meizu’s crazy phone with no port for $1,299
2. Your smartphone may soon pack 1TB in storage thanks to Samsung’s new memory chip
Emerging Market:
2. India’s largest bank SBI leaked account data on millions of customers
3. Singapore’s Xseed Education acquires India’s Report Bee
4. Central Group plans to infuse US$200M into Grab’s Thai unit
5. Vietnam edtech platform bags funding from CyberAgent Capital, others
Cover picture credits from TechCrunch