Musical.ly is expanding beyond music videos with the launch of livel.ly, its live stream platform. Users will be able to broadcast through the livel.ly app, and the streams will be viewable on musical.ly. Launched last year, musical.ly is growing fast with about 80 million young teens using it around the globe. The app makes it easy to create music videos, by allowing users to dub over… Read MoreSource: TechCrunch
Althea, a Korea-based company that exports and sells cosmetics and beauty products to Southeast Asia, has closed a $3.5 million Series A round for expansion.
Creema is latest handmade marketplace in Asia to raise new funding. The Japanese startup announced this week (link via Google Translate) that it has received 1.1 billion yen (about $10 million) from Globis Capital Partners and returning investor KDDI Open Innovation Fund (the venture fund run by Japanese telecom KDDI).
This much-talked about Instagram photo wasn't the only product of President Obama's recent visit to Vietnam. The Southeast Asian country also cut access to Facebook while the head of the U.S. was on its soil.
Just when you thought Finnish mobile OS maker Jolla had given up on making its own hardware, given its recent financing troubles which led to it having to shutter a planned tablet, it gets back in the game — albeit with a limited run of 1,000 smartphones intended for developers and enthusiasts of its platform to test the latest and beta releases of Sailfish OS.
Apple Pay may only be available in a handful of countries right now, but the iPhone maker is working hard to extend the footprint of its digital payment services into new parts of the world.
Intel has acquired computer vision and machine learning startup Itseez to develop better navigation for self-driving cars. The value of the deal was undisclosed.