techinasia.com Archives - 31 January 2015, Saturday

  • Facebook co-founder and Sequoia invests in Singapore property site

    99.co gets funded by Sequoia Capital, Facebook co-founder

    techinasia.com 29 Jan '15, 9am

    99.co , a Singapore property site that is taking regional mainstays PropertyGuru and iProperty head-on, announced at its official launch that it has received an investment from Facebook co-founder Eduardo Saverin and leading venture capital firm Sequoia Capital, bringing its total inv...

  • Bitwage launches international payroll service using Bitcoin

    techinasia.com 29 Jan '15, 5am

    Philippine workers who receive their salaries from abroad feel a pinch not just from exchange rate fluctuations, but also expensive money transfer services. Addressing this problem are several new payment solutions, which are helping drive remittance costs down. California-based Bitwa...

  • Singapore’s Tembusu Systems raises $887k, dissociates from Bitcoin

    Tembusu Systems raises $887k, dissociates from Bitcoin

    techinasia.com 29 Jan '15, 1am

    Tembusu Systems , a startup which previously developed Bitcoin ATMs, appears to have changed direction. It has now raised a S$1.2 million round (US$887,000) to develop and sell what it calls the TRUST Framework, a “next-generation distributed blockchain technology”. The framework supp...

  • How a husband and wife built a 13-staff game studio with 4 titles and no outside funding

    How indie game studio Happy Labs grew from two staff to 13

    techinasia.com 26 Jan '15, 9am

    Happy Labs is one of Singapore’s more prolific independent game studios, having released a total of four games in just two years of operation. It’s also one of its more successful ones, even if you haven’t heard much about it. Happy Labs founder Jeffrey Chee started up the company wit...

  • Singapore's Block 71 to expand again, house 750 startups by 2017

    techinasia.com 23 Jan '15, 11am

    The JTC LaunchPad @ one-north, the official name for a well-known Singapore startup complex, will be expanding again. Affectionately called Block 71 by tenants, it will house about 750 startups by 2017, up from 500 now and 250 when it first began in 2011. The project is a collaboratio...

  • GrabTaxi Singapore launches $2.8M fund for driver welfare

    GrabTaxi Singapore earmarks $2.8 million for driver welfare

    techinasia.com 23 Jan '15, 8am

    GrabTaxi Singapore announced today the launch of its Provident Fund (GPF), a S$3.5 million (US$2.79 million) welfare fund set up for taxi drivers who are active and have maintained high service standards. The fund comes directly out of the investments that GrabTaxi received in the las...

  • Ubisoft Singapore shows how the gaming juggernaut snags the best talent around the world

    How Ubisoft Singapore acquires talent, and keeps it

    techinasia.com 23 Jan '15, 8am

    On the Assassin’s Creed: Rogue Wikipedia page , Ubisoft Sofia is credited with the development of the game. But did you know the Ubisoft Singapore studio had a huge part to play in Rogue , too? The team in Singapore worked on the game’s naval gameplay, its ice and ocean technology, an...

  • Ten websites to learn Ruby on Rails for free

    Ten websites to learn Ruby on Rails for free

    techinasia.com 05 Jan '15, 6pm

    What do Amazon, IBM, Kickstarter and Twitter have in common, other than being great technology companies? They all use Ruby on Rails. With so many things going for it , it’s an attractive framework that allows you to deploy web apps quickly and effectively. That’s enough to make you w...

  • All the books you’ll ever need on Bookmate? Not quite (REVIEW)

    All the books you’ll ever need on Bookmate? Not quite (REVIEW)

    techinasia.com 26 Dec '14, 4am

    Being a reader with a voracious appetite, I’ve looked to the West and their slate of ebook subscription services with envy for some time now. Then just last week, I was extremely excited to learn that Singapore was finally going to be home to a Russia-based social reading service call...

  • Singapore startup Gushcloud

    Gushcloud responds to Xiaxue's accusations

    techinasia.com 23 Dec '14, 12pm

    Singapore-based blogger advertising network Gushcloud received an unpleasant Christmas surprise this morning. Xiaxue, a popular but polarizing blogging personality whose real name is Wendy Cheng, wrote a scathing takedown of Gushcloud and its allegedly dishonest practices. Xiaxue is a...

  • Coins.ph users may now convert Bitcoin into cash using ATMs in the Philippines

    Coins.ph users may now convert Bitcoin into cash using ATMs

    techinasia.com 23 Dec '14, 7am

    Philippine startup Coins.ph has launched a new service that will further encourage overseas Filipino workers (OFWs) to send money to their loved ones using Bitcoin. Withdrawal through 450 ATMs of partner bank Security Bank – without the use of an ATM card – is now an option for Coins....

  • Flipkart pulls in new investors for its latest $700 million funding, files for conversion to public company in

    Flipkart bags $700 million funding, files for public company status

    techinasia.com 20 Dec '14, 6am

    India’s homegrown ecommerce leader Flipkart just announced another whopping funding round. This time, it raised US$700 million investment from new investors Baillie Gifford, Greenoaks Capital, Steadview Capital, T. Rowe Price Associates,​ and Qatar Investment Authority, along with exi...

  • This taxi app by Singapore's transport agency is stunningly pointless

    This taxi app by Singapore's LTA is stunningly pointless

    techinasia.com 17 Dec '14, 7am

    The Singapore government is known for its remarkable efficiency. But it’s also known for being incredibly meddlesome. Case in point: fresh after announcing a new set of regulations governing taxi apps, the Land Transport Authority (LTA) told the world that it too wants to launch a tax...

  • More people are remitting money to the Philippines using Bitcoin. Here’s why

    Why more Filipinos are remitting money using Bitcoin

    techinasia.com 12 Dec '14, 2pm

    Christmas has come early for Philippine Bitcoin remittance service Rebit.ph . Rebit, one of the verticals under Bitcoin umbrella company Satoshi Citadel Industries (SCI), has booked an average 150 percent growth in value of transactions month-on-month since October. That’s a big jump ...

  • Asian bitcoin exchange Quoine secures $2M funding

    techinasia.com 10 Dec '14, 1pm

    Quoine , a pan-Asian bitcoin exchange, announced it closed a US$2 million angel round of funding from a number of investors and private funds, according to Coindesk . The young exchange opened shop in June and, while it is officially incorporated in Singapore, does most of its busines...

  • Meet the winners of Hackatron Asia Singapore 2014

    Winners of Hackatron Asia Singapore 2014

    techinasia.com 10 Dec '14, 7am

    Winners of Hackatron Asia Singapore 2014 and Judges It was to be a grueling 32 hours ahead – yet 146 developers across Singapore and Malaysia trekked down to Hackatron Asia Singapore early last Saturday morning in preparation for it. There were big monitors set up and people napping o...

  • Super affordable Xiaomi Mi Band to be sold in Singapore from December 16

    Xiaomi Mi Band launches in Singapore December 16

    techinasia.com 10 Dec '14, 4am

    The Mi Band fitness tracker by rising smartphone brand Xiaomi is single-handedly making wearables much more accessible to consumers. Now, Xiaomi has announced that the Mi Band will be sold in Singapore from December 16, just in time for Christmas. The price? S$19.99 (US$15.13) – almos...

  • Rocket-backed Helpling set to launch in Singapore to help you find a cleaner

    Helpling to launch in Singapore to help you find a cleaner

    techinasia.com 10 Dec '14, 3am

    Helping , a Rocket Internet-backed venture that’s like an Uber for cleaners, will launch in Singapore, though an exact date hasn’t been announced. Tech in Asia spotted job postings on Startup Jobs Asia seeking a marketing manager and operations manager as part of its expansion into th...

  • This Indonesian startup says it struck gold in bitcoin, delivers currency in 3 minutes

    This Indonesian startup says it has struck gold in bitcoin

    techinasia.com 02 Dec '14, 1pm

    For those of you who’ve been living on the moon, bitcoin is an unregulated digital currency that provides a way for folks to transfer money to each other over the web without using a bank or financial institution as a middleman. All bitcoin users need to do is install a wallet app to ...

  • Singapore's Carousell raises $6M, Sequoia involved

    Singapore's Carousell raises $6M, Sequoia involved

    techinasia.com 26 Nov '14, 10pm

    When a popular Tumblr blog has been set up to poke fun at your app users, it’s a sure sign that you’ve made it. Carousell , a Singapore startup that has developed a mobile app for consumers to buy and sell things, seems to be well on its way there. The startup has raised a series A ro...

  • Kraken to take large role in repaying Mt. Gox creditors

    techinasia.com 26 Nov '14, 9am

    When Mt. Gox, the former poster child for the wonders of Bitcoin, lost US$460 million worth of bitcoins in a hacking attack , the cryptocurrency world teetered on the brink of failure. Skeptics gained undeniable justification for their derision and public faith in the security of bitc...

  • Singapore’s Inzen Studio raises biggest funding round ever by a Singaporean game studio

    Singapore’s Inzen Studio raises S$935,000 in series A round

    techinasia.com 26 Nov '14, 1am

    Singapore-based Inzen Studio , a two-year-old mobile game developer, has raised S$935,000 (US$717,288) in a series A round from investors in Singapore, China, and Japan. This is the largest funding round a game studio in Singapore has received to date (as far as we know). The record w...

  • Prescription glasses from S$88? You can now buy them online in Singapore

    Four Eyes sells prescription glasses online in Singapore

    techinasia.com 24 Nov '14, 2pm

    I bought my prescription glasses – lenses and frame – for over S$200 (US$154). That’s the typical price for generic brands in eyewear retailers in Singapore, especially if you’re paying extra for thinner lenses due to your severe shortsightedness. For the middle class, the price isn’t...

  • Why Singapore’s regulations on taxi apps are bad for consumers

    Singapore's regulations on taxi apps are bad for consumers

    techinasia.com 24 Nov '14, 7am

    Tomas Forgac is an economist and entrepreneur. He is the founder of Coin Of Sale , a bitcoin POS system. The Land Transport Authority (LTA) of Singapore announced it would start regulating third-party taxi apps and outlined details on them . All of the five points mentioned by LTA wil...

  • PayrollHero to release code publicly to help build open source culture in Singapore: It’s generally considere...

    PayrollHero to release code to the public in Singapore

    techinasia.com 21 Nov '14, 5am

    It’s generally considered good form to give back to those who have contributed to your growth – whether it be to your parents after you get your first salary, or to your alma mater when you’ve made it in the world. The same ethos can be found in the tech world – specifically, in the o...

  • Singapore tightens grip on taxi apps by issuing regulations

    LTA tightens grip on Singapore’s taxi apps with regulations

    techinasia.com 21 Nov '14, 4am

    Singapore’s Land Transport Authority (LTA) will be regulating third-party taxi booking apps such as Uber and GrabTaxi with a “basic regulatory framework.” According to its announcement, the framework is the result of consultation with commuters, the National Taxi Association, third-pa...

  • Hong Kong’s foreign maids can now use bitcoin to send cash home without even knowing what bitcoin is

    Hong Kong's Bitspark launches end-to-end cash remittances

    techinasia.com 20 Nov '14, 8am

    Bitcoin is often hailed as the solution to the world’s remittance problems. It’s accessible to the unbanked, it’s nearly instant, and the fees are minimal compared to banks and other money transfer services. But perhaps the biggest obstacle to bitcoin remittances gaining serious tract...

  • Singapore security startup V-Key gets important new investor and customer: Alipay

    AliPay becomes investor and customer to V-Key

    techinasia.com 18 Nov '14, 3am

    Singapore and California-based startup V-Key , which specializes in mobile security and cryptography, has just raised a series B round from existing backer IPV Capital as well as Ant Financial Services, the operating company of Alipay , the payment processor started by Alibaba founder...

  • What is PropertyGuru doing to stay on top in Singapore

    techinasia.com 17 Nov '14, 11am

    Online property classifieds is in a constant state of flux here in Southeast Asia. PropertyGuru and iProperty are vying for dominance in the region. New players like 99.co and UrbanIndo have a few things to say about how property search should be done. Then there are forces beyond the...

  • Trend Hunter CEO receives $1,200 bill for SIA’s onboard wifi

    Trend Hunter CEO receives $1,200 bill for SIA’s onboard wifi

    techinasia.com 15 Nov '14, 3am

    It used to be that taking an airplane meant reading a book, watching whatever movies were playing on the single screen upfront, or sleeping like you’ve never slept before. Now, thanks to technology you can do a whole lot more, such as catching up on your latest TV show addiction on th...