Philippine Long Distance Telephone (PLDT) will acquire a 10 percent stake for 333 million euros (US$445.06 million) in the German incubator, in a deal aimed at driving development in mobile and online payment tools.
By The Way
Eileen Yu checks out industry developments across the Asia-Pacific region, discussing their relevance to the global tech business landscape.
Eileen Yu began covering the IT industry when Asynchronous Transfer Mode was still hip and e-commerce was the new buzzword. Currently a freelance blogger and content specialist based in Singapore, she has over 16 years of industry experience with various publications including ZDNet, IDG, and Singapore Press Holdings.
Country's ICT regulator kicks off the first class of its Massive Open Online Course in data sciences and analytics, which attracts more than 350 registrants and is provided by U.S. course provider, Coursera.
Gentay Communications launches its VoIP-based Nanu service, which it says uses 80 percent less bandwidth than Skype, allowing it offer free international calls even if they're made to non-Nanu users.
Country's longest serving head of state, Mahathir Mohamad, says he regrets promising not to censor the web and accuses the internet as playing a major role in undermining public morality.
Some 78 percent of Singaporeans shop online at least once a month, but more than half at 57 percent are concerned about their financial details falling into the wrong hands, reveals survey on e-commerce security.
Five hospitals in China will allow patients to book medical appointments, pay their bills, and receive test results via their mobile devices.
Country's ICT regulator offers accreditation programme to assess local tech startups based on their technical, financial, and operational capabilities, putting them in a better position to bid for government projects.
Unlike its U.S. rival, though, the Chinese search giant is developing a vehicle that allows drivers to take control if they choose to and is designed to assist drivers on the road.
Chinese search giant opens another startup development center in northern Chinese municipal of Tianjin, offering free office space as well as finance, legal, and technical support.
Thammassat University launches digital services for its four libraries allowing users to borrow e-books, making it the first Thai education institute to offer a digital library.