1. Uber to pay $148 million to settle data breach cover-up with U.S. states

2. Facebook, Google to tackle spread of fake news, advisors want more

3. U.S. fintech startup Stripe valued at $20 billion in latest funding round

4. Facebook unveils new VR headset ‘Oculus Quest’ for $399

5. Facebook is burying Snap, as Facebook and Messenger Stories hit 300 million daily active users



1. China’s MIIT Releases August 2018 Telecom Statistics

2. NetEase Cloud Music’s Artist Base Exceeds 70,000

3. Ofo Dismisses Reports of Using Virtual Currency for July Fundraising

4. Tencent’s WeChat Pay to allow Hong Kong users to pay for purchases on the mainland

5. Terrafugia to Begin Pre-sales of Flying Car in October

6. Cainiao Launches Logistics Video Cloud Monitoring System

7. Early Childhood Education Agency GymROO Wins 8-digit Series A

8. B2B Commodity Purchasing App Kuailai.me 快来掌柜 Wins RMB 9-digit Series B



China’s Didi Chuxing launches taxi-hailing service in Japan



1. Cryptocurrency giant Bitmain chooses Hong Kong for IPO

2. Cybersecurity start-up Darktrace raises $50 million and is now worth $1.65 billion



Huawei, Italian Telcos Launch First 3GPP Standard 5G Commercial Base Station


Emerging Market:

1. Singapore-based air sensor startup uHoo raises 7-figure funding to further tech development

2. Venturra Capital launches seed investment arm Venturra Discovery, armed with US$15M fund

3. Sequoia led US$10M investment for Indian student housing startup Stanza Living 

4. Grab gets Philippine license to offer enhanced payments features


Cover picture credit from Reuters

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