Asia Tech

Bitcoin exchange Mt. Gox headed for bankruptcy, not rehabilitation

By Wed, Apr 16, 2014 7:02PM UTC Pic: AP.

TOKYO (AP) — The Mt. Gox bitcoin exchange in Tokyo is headed for dissolution after a court rejected its bankruptcy protection application. Mt. Gox said Wednesday the Tokyo District Court decided the company would not be able to resurrect itself under a business rehabilitation process filed for in February.

Google buys drone maker Titan Aerospace

By Tue, Apr 15, 2014 4:21PM UTC Pic: AP.

NEW YORK (AP) — Google has bought Titan Aerospace, a maker of solar-powered drones, saying it could help bring Internet access to remote parts of the world as well as solve other problems.

Uber launches in Bangkok as ride-hailing app war hots up

By Fri, Apr 11, 2014 11:16AM UTC Uber launched in ??? over a year ago and has quickly expanded into Asia. Pic: AP.

Ride-hailing app Uber officially launched in Thailand Wednesday with free rides across Bangkok, joining an already crowded market.

Samsung’s 1Q profit falls 4 percent

By Tue, Apr 08, 2014 10:54AM UTC An employee of Samsung Electronics Co. walks out the company's headquarters in Seoul, South Korea, Thursday, July 14, 2011. Pic:AP.

SEOUL, South Korea (AP) — Samsung Electronics Co. says its January-March operating income has declined 4 percent over a year earlier.

Vietnam 2.0: Dynamic tech scene grabs global attention

By Fri, Apr 04, 2014 1:57PM UTC Three young Vietnamese girls use a laptop and smart phones to go online at a cafe in Hanoi, Vietnam. Pic: AP.

Vietnam’s tech community is growing fast. From the well-known game Flappy Bird and companies like VNG Corporation, to lesser known operations like GlassEgg, Vietnam is producing an increasing number of young and dynamic businesses led by a new wave of entrepreneurs.

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