• Manufacturing giant Foxconn is taking over SoftBank’s investment fund in Asia

    Manufacturing giant Foxconn is taking over SoftBank’s investment fund in Asia

    Foxconn is taking over SoftBank’s Asia-based tech investment fund. The manufacturing giant, which is responsible for producing Apple’s iPhone among many other tech products, has agreed to buy a majority 54.5 percent stake in SoftBank Asia Capital in exchange for $600 million, according to a filing. The deal is scheduled to go through March 1, after which time SoftBank Asia… Read More

  • Chat app Line doubles its stake in Snapchat clone Snow

    Chat app Line doubles its stake in Snapchat clone Snow

    Ahead of Snap’s eagerly-awaited IPO, Line, one of the U.S. tech IPO highlights of 2016, has doubled down on sister service and Snapchat clone Snow. Line and Snow both share the same parent company — Naver — but the two firms have increasingly become financially entwined. Line bought up 25 percent of Snow last September for $45 million, and now it is nearly doubling its… Read More

  • Not another AI post Crunch Network

    Not another AI post

    This post is about a better world brought by human ingenuity. It’s about a human opportunity, an invitation to founders and investors in advanced economies to come and help us change the lives of billions of humans. Come join the movement to help mankind move forward for a better, fairer future. It’s time! Read More

  • Cash is no longer king Crunch Network

    Cash is no longer king

    The idea of a cashless society is one of the topics that stirs up a heated debate when it comes to the digitalization of banking and society. While the anonymity of cash acts as an enabler for the illegal economy, many fear that the lack of said anonymity will inevitably lead to an Orwellian society where individual freedom is limited. Read More

  • Sony surpasses expectations, selling 915,000 PlayStation VR headsets in first four months

    Sony surpasses expectations, selling 915,000 PlayStation VR headsets in first four months

    Turns out there might actually be money in VR hardware. Since going on sale just four months ago, Sony details to the NYT that the company has sold 915 thousand of its virtual reality headset, the PS VR. The article also details that Sony had originally set internal goals to sell one million headsets in the first six months of sales, a number that the company seems well-positioned to meet… Read More

  • Samsung will be giving smartphones another try on March 29

    Samsung will be giving smartphones another try on March 29

    After the corporate garbage fire that was the Note 7 reveal, Samsung has been left with a smartphone business with far less certain success in its future. After months of awful press and the worst PR shit storm we’ve seen in years, Samsung is ready to give its smartphone line a new messiah. In the midst of their Mobile World Congress keynote, the company sent out invites to its… Read More

  • Samsung just proved it doesn’t need the world’s largest mobile conference anymore

    Samsung just proved it doesn’t need the world’s largest mobile conference anymore

    Mobile World Congress is underway in Barcelona. By most metrics it’s the largest conference in the world dedicated mostly to mobile technology and gadgets. And Samsung just punted. Mobile World Congress needs Samsung more than Samsung needs Mobile World Congress. Samsung just held its MWC press conference and what’s interesting is what wasn’t announced: The Galaxy S8. Read More

  • Samsung announces updated Gear VR headset with handheld controller

    Samsung announces updated Gear VR headset with handheld controller

    Samsung’s mobile virtual reality effort, the Gear VR, has been an important product to the company in terms of drumming up excitement around the company’s innovation on next-gen platforms. Since the earliest version of the headset was first announced in 2014, we’ve seen a few largely incremental updates to the company’s VR platform. Today, we see another. At Mobile… Read More

  • Samsung shows off a 5G router for the home

    Samsung shows off a 5G router for the home

    We knew Samsung would be launching a tablet or two at tonight’s big Mobile World Congress kick off event, but it turns out the company also had a couple of other surprises of its sleeve. The Galaxy maker kicked things off with a handful of 5G and infrastructural announcements, including a new 5G Home Router. Samsung didn’t offer much in the way of news around the  the device… Read More

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