Tobias Stone talks about identity, cryptography, and the future of citizenship

 In this episode of Technotopia I walk to Tobias Stone, a writer, entrepreneur, and academic. Tobias has been writing on Trump and Brexit and worked with Identity.ee, a workgroup focused on cryptographically proven citizenship.
Stone believes that the Estonian model of e-idenity is the future and that the mission for every country should be to make their workers, citizen, and expats digital. Read More

This sensory wearable is designed for flirting

 With people more likely to be locking eyes with their smartphone screens these days when they’re hanging around in public, the London-based designers behind this feathery wearable are worried that the chances for exchanging flirtatious glances with passing strangers is being engineered out of daily life. Or, let’s be honest, translated into monetizable swipes on Tinder et al. Read More

Alibaba gets serious in Southeast Asia in preparation for battle with Amazon

 Done betting, Alibaba is getting down to work in Southeast Asia as it bids to lead the region’s promising e-commerce space and maximize its early mover advantage over Amazon. Alibaba became the first major international player to enter Southeast Asia, a region with more than 600 million cumulative consumers, when it bought a majority stake in Lazada, the Rocket Internet-backed… Read More

Soundcloud confirms new $70M credit line after failing to close $100M round

 Soundcloud — the popular, but unprofitable platform that lets creators post and share music and other audio files — may have been unsuccessful (so far) in closing a new $100 million round of funding, but it’s not running out of money soon. The company has secured a $70 million round of debt funding from three new investors — Ares Capital, Kreos Capital, and… Read More

Amazon to acquire Souq, a Middle East clone once valued at $1B, for $650M

 Amazon continues its march across the globe, and one of its newest targets is the Middle East. According to multiple reports that we have confirmed with our own sources, the e-commerce giant has acquired Souq, often described as the Amazon of the Arab world and the region’s biggest e-commerce player, for a price of $650 million, to spearhead its Middle East business. “The ink… Read More

Tencent leads $350M investment in Chinese photo/streaming app Kuaishou

 Earlier this month, we reported that China-based photo app firm Kuaishou is gearing up for an IPO in the U.S. later this year. Well the company, which also offers live-streaming video in its service, has stopped to refuel its tanks first after it raised $350 million in fresh funding led by Chinese internet giant Tencent. Tencent, Asia’s highest valued tech company, confirmed to… Read More