Southeast Asia games firm Sea, formerly Garena, files for $1 billion US IPO

 Southeast Asia-based games and e-commerce firm Sea, formerly known as Garena, has officially filed for its much-anticipated U.S. IPO. The company, which is valued at over $3.75 billion, will list on the New York Stock Exchange as ‘SE’ and is looking to raise $1 billion. Sea is best known for its Garena gaming business, which predominantly focuses on PC games but also includes… Read More

Beats Studio 3 bring premium noise canceling and battery life at a premium price

 Beats had a handful of different sounds on hand to test the Studio 3 ahead of launch. The demo was designed to showcase the range of the headphones’ new adaptive noise-canceling technology — but there’s only so much you can get from a demo in that kind of controlled environment. Read More

This news-reading AI could scan for police shootings nationwide

 Ask how many people have been killed in the last couple decades by police officers, and results vary widely. Local and federal authorities may track them differently, likewise activist and research groups. One project hopes to keep better tabs on police-related fatalities by having an AI system extract them from news reports nationwide. Read More

Don’t wait for the Apple Watch to dole out medical advice anytime soon

 Could the Food and Drug Administration classify the Apple Watch as a medical device? It’s a question many have asked over the past couple of years, but the stakes are now higher for the Watch with its newfound ability to detect atrial fibrillation, or an irregular heart rhythm. Already, Apple is rumored to be working on an Apple Watch sensor that would detect and monitor glucose… Read More

Twitter is testing a Twitter Lite Android app, first in the Philippines

 Twitter today has nearly four times as many monthly active users outside the U.S. as it does in its home market — 260 million versus 68 million — and this week it quietly launched a new app in an effort to boost those numbers further. The social network is testing a Android app for Twitter Lite, a native app version of a mobile web site Twitter launched earlier this year that… Read More

Russia targeted election systems in 21 states, successfully hacking some

 On Friday, the Department of Homeland Security notified nearly half of the U.S. states that their election systems were targeted by Russia-affiliated hackers in an attempt to influence the 2016 election. In most of the states targeted, the hackers were engaged in preliminary activities like scanning. In other states hackers attempted to infiltrate systems and failed, but in a small selection… Read More

East Ventures closes new $30M fund to continue investing in Indonesia

 East Ventures is back at it again with another new fund to invest in early-stage companies in Indonesia, Southeast Asia’s largest economy and the world’s fourth most populous country.
This new $30 million fund is the firm’s sixth to date in Southeast Asia, and remarkably its second in 2017 alone. Read More

Database provider MongoDB has filed to go public

 MongoDB, a database software company based in New York, has filed to go public with the Securities and Exchange Commission as it continues to burn a ton of cash despite its revenue almost doubling year-over-year. The company, which provides open-source database software that became very attractive among early-stage startups, is one of a myriad of companies that have sought to go public by… Read More

Baidu announces $1.5B fund to back self-driving car startups

 Baidu is putting some serious cash behind its self-driving car push after it announced a $1.5 billion fund that’s focused on backing autonomous driving tech companies. The Chinese giant, best known for its internet search service and AI technology, has prioritized autonomous vehicles in a major way in recent years, so this comes as little surprise. Baidu made its Apollo self-driving… Read More

Microsoft confirms plans for a new flagship store in Regent Street opposite Apple

 Shopping may be turning into an increasingly virtual experience, with people buying goods online and through apps, but there is no denying the power of a physical in-store experience — a lesson Microsoft is taking to heart. Today the company announced it will be opening a new flagship store in London — just a stone’s throw from the Apple flagship store. Read More