Tech in Asia — Mercari is Japan’s youngest unicorn and first tech company pegged with the title since 2008. Lately it’s been busy shining its horn to charge into the US ecommerce market. Unlike most Japanese companies, Mercari is focusing 90 percent of its resources on the States, said co-founder and CEO Shintaro Yamada on stage today at Tech in Asia’s Tokyo conference.
Channel New Asia — WASHINGTON: Samsung announced plans Tuesday to invest US$1.2 billion for US-based research over the next four years on “human-centred” applications for the Internet of Things. The South Korean electronics giant said the research aimed to improve applications for connected everyday objects for health, public safety and energy efficiency, for example.
Times of India — SAN FRANCISCO: Ephemeral messaging app Snapchat by year’s end will have more US users than either Twitter orPinterest , a market tracker said Wednesday. The number of people using Snapchat in the United States will leap more than 27% this year to 58.6 million, meaning that nearly one in five people in the country will be using the service, according to an eMarketer forecast.
The Verge — Facebook and Microsoft announced a partnership today to lay the highest-capacity subsea internet cable to ever cross the Atlantic Ocean, starting with hubs connecting Northern Virginia to Bilbao, Spain. The cable, called “MAREA” after the Spanish word for “tide,” will be capable of 160 terabits per second of bandwidth and will stretch more than 4,100 miles of ocean in a submarine cable system.
Local SYR — Vietnam has increased its military spending dramatically in recent years amid a series of territorial disputes with China. And the southeast Asian nation may soon be splashing out more to upgrade its defense capabilities. President Obama on Monday announced an end to decades-old military sanctions banning U.S. arms exports to Vietnam.
CBC — The project to bring high-speed internet to Nunavut via a cable running along the Northwest Passage will go ahead as planned despite a recent takeover by an American company, says Michael Cunningham, CEO of Arctic Fibre. The Toronto-based company planned to build a nearly 16,000 kilometre submarine fibre optic cable connecting Asia to Europe.
Enterprise Innovation — USA is poised to add wings to the India’s Make in India campaign by stretching its growing bilateral ties in the defense sector. India and the United States identified new “pathfinder” projects under the Defense Trade and Technology Initiative (DTTI) for the joint production of a helmet-mounted digital display for fighter aircraft and helicopters and a biological tactical detection system.
Yahoo — SAN FRANCISCO, April 14 (Reuters) – Microsoft Corp has sued the U.S. government for the right to tell its customers when a federal agency is looking at their emails, the latest in a series of clashes over privacy between the technology industry and Washington. The lawsuit, filed on Wednesday in federal court in the Western District of Washington, argues that the government is violating the U.S. Constitution by preventing Microsoft from notifying thousands of customers about government requests for their emails and other documents.
Channel News Asia — WASHINGTON: The Obama administration is expected to blame Iranian hackers as soon as Thursday for a coordinated campaign of cyber attacks in 2012 and 2013 on several U.S. banks and a New York dam, sources familiar with the matter have told Reuters. The Justice Department has prepared an indictment against about a half-dozen Iranians, said the sources, who spoke on condition of anonymity due to the sensitivity of the matter.
Geek Wire — Two companies have created a new, direct data connection between North America and Asia. And the U.S. terminus is an 86-acre facility, just outside of Seattle near the Puyallup Fairgrounds. Wave Broadband, a gigabit fiber and broadband services company based in Kirkland, Wash., and Centeris, an infrastructure provider for IT and networking systems with data centers in Seattle and Boise, have partnered to create what they call the first transpacific broadband data and fiber hub.
Nikkei — MUMBAI: Wipro, India’s third-largest outsourcing company, has invested an undisclosed amount in U.S. startup Emailage that helps firms identify e-mail fraud, as Indian software exporters rush to partner with startups across the globe for access to new technologies and ideas.
Times of India — DHAKA: Bangladesh’s central bank has confirmed that cybercriminals tried to withdraw $951 million from its US bank account, as the country’s finance minister said he first got to know of one of the biggest bank heists in history through the media.
Times of India — NEW YORK: A probe by the justice department has determined that Iran was responsible for a 2013 cyberattack on a dam in the suburbs outside of New York City, and an indictment is expected soon. The official, who was briefed on the investigation, spoke to the AP yesterday on condition of anonymity because the official was not authorized to speak publicly about the ongoing criminal investigation.
China Tech News — U.S.-based hard drive manufacturer Western Digital Corp. announced that China’s Unisplendour Corporation has cancelled the USD3.775 billion investment agreement it originally reached in September 2015. According to the agreement, Unisplendour and its fully-owned subsidiary UNIS Union Information System Limited would subscribe Western Digital’s 40.815 million new shares at the price of USD92.5 per share and the total transaction value would reach USD3.775 billion.
New York Times — BERLIN — In the early years of the Obama administration, the United States developed an elaborate plan for a cyberattack on Iranin case the diplomatic effort to limit its nuclear program failed and led to a military conflict, according to a coming documentary film and interviews with military and intelligence officials involved in the effort.
Myanmar Times — The company behind Myanmar-language news application Bindez Tha Din has now raised more than US$500,000 over three rounds of funding, with previous seed and angel financing adding up to $120,000 together. The round came from a consortium of investors, with 500 Startups taking a minority position.
Base Line Mag — The source for the greatest volume of cyber-attacks is China, followed by the United States, Saudi Arabia and Germany, according to the “Global Perspective” report from Norse, a provider of security solutions and attack intelligence. Other countries high on the source-of-attacks list include the Russian Federation, the Netherlands, France, Brazil, Turkey and Taiwan.
Times of India — NEW DELHI: India’s top software exporters have joined the likes of Google and Salesforce to support US President Barack Obama’s just announced $4-billion ‘Computer Science for All’ initiative that aims to dramatically increase the number of children with access to computer science training in the US and build a more technologically advanced nation.
China Tech News — Intel has teamed with Tsinghua University and Montage Technology Global Holdings Ltd for the founding of a special chip joint venture in China. This move will reportedly help eliminate China’s worries about the security of imported technologies. Prior to this, the Chinese government called to reduce the dependence on foreign-made semiconductor products, especially those used in systems that could be targeted by spies from abroad.
China Daily — China’s Belt and Road Initiative will not only boost economic development in its footprint but bring latest technologies to the world’s most remote areas, according to Stephen Ho, president and chair of the US Pacific Telecommunications Council.
Channel Partners Online — NEW YORK, Jan. 12, 2016 – TELEHOUSE, a global leader for data centers, international Internet exchanges and managed IT services, is helping to simplify the way its customers do business by providing them with access to AT&T*’s high-speed network, mobility and cloud solutions. Working through the AT&T Partner Exchange® reseller program, TELEHOUSE will offer AT&T’s services to business customers served by its two mission-critical facilities in New York.
Digi Times — According to EnergyTrend, prices of photovoltaic (PV) systems are in a steady decline. In the US, for example, the average installed cost of utility-scale PV systems was at US$1.38/W in the third quarter of 2015 compared with US$1.66/W in the same quarter of 2014, representing a 17% on-year drop.
Digi Times — Asustek Computer has announced that it will begin marketing its flagship smartphone, the ZenFone Zoom, in the US in February, priced at US$399. The vendor is currently showcasing the ZenFone Zoom alongside its ZenFone 2 series models as well as its new 2-in-1 Transformer Book Chi tablet products, at the ongoing CES 2016.
Digi Times — According to IDC, 3D printer shipments in the China market reached over 34,000 units in 2014, and are expected to have reached 77,000 units in 2015, exhibiting a growth rate over 120%. This growth rate is largely driven by sales of desktop 3D printers priced under US$5,000. As the China government continues to promote 3D printer awareness and usage within schools and educational institutions, the desktop 3D printer market is expected to maintain an annual growth trend in the coming years.
ZDNet — US-based Internet of Things (IoT) vendor Greenwave Systems has secured US$45 million in its Series C, raising most of the funds from Singapore investors. The Economic Development Board’s investment arm EDB Investments (EDBI) and Singapore Technologies Telemedia (STT) led the funding round, the latter of which contributed the majority of the financing.
Starts Stripes — Submarine-support ship USS Emory S. Land will change its homeport to Guam from the central Indian Ocean. The submarine tender will move to Naval Base Guam from Naval Support Facility Diego Garcia as part of the Navy’s long-range plan to put its most advanced and capable units forward, a Navy statement said last week. The vessel, which joins fellow submarine tender USS Frank Cable, will support four fast-attack submarines in Guam and other submarines rotating through the region.
Venture Beat — Nearly every American is familiar with Apple, the crown jewel of technology firms, but it’s just as likely they’ve never heard of a company dubbed the “Apple of China”: Xiaomi. On the surface, the two companies have opposing strategies; Apple products sell for a premium at industry-leading margins, while Xiaomi targets budget-conscious consumers by charging little more than their production costs.
Times of India — WASHINGTON/HONG KONG: Top US and Chinese officials will convene this week in Washington for the first round of cybersecurity talks following the signing of a bilateral anti-hacking accord in September. China’s Public Security Minister Guo Shengkun is in Washington through Sunday and will meet US Secretary of Homeland Security Jeh Johnson, Chinese state media reported. US Attorney General Loretta Lynch is also expected to take part in the discussions.
China Tech News — Liu Qiangdong, founder of JD, said that considering the extensive influence of American brands, products and market, America is the first choice for JD to build its first branch outside Asia. This new R&D center will help American retailers, business partners and various brands to establish and enlarge their influence in China via the shopping platform of JD.
MIS Asia — “It is important to note that this is not an exhaustive list of all the intrusions from Chinese-government affiliated actors we have detected during this time period; it is limited only to commercial entities that fit squarely within the hacking prohibitions covered under the Cyber agreement,” says CrowStrike CTO Dmitri Alperovitch.