A Japanese court Wednesday placed failed Bitcoin exchange MtGox in administration, with an order for bankruptcy expected to be issued soon, its administrator and chief executive said. "The Tokyo District Court decided today to dismiss the application for commencement of a civil rehabilitation and at the same time, an order for Provisional Administration was issued," a statement from CEO Mark Karpeles said. "Attorney-at-law Nobuaki Kobayashi (Supervisor and Examiner under the Civil Rehabilitation Procedure) was appointed Provisional Administrator." The move means Karpeles will cede control of the company to Kobayashi. "I, as the provisional administrator, will administer the assets of the Company under the supervision of the Tokyo District Court," said a statement in Kobayashi's name posted on the MtGox website. More »

In personalization of jewelry, since some geometrically complex designs can only be achieved by 3D printing. More »

For the MET Vietnam session we want to give startups, investors, and tech folks deeper insights into the overall Vietnamese market, legal landscape, and startup ecosystem. More »

Today, the Sydney-based startup announced that Apple’s former chief evangelist Guy Kawasaki has finished his contract with Motorola and Google, and has joined the team full-time in the same role he performed ... More »

Spanish telecoms firm Telefonica and US investment giant Blackstone launched a mobile telephone advertising venture on Wednesday, challenging internet giants such as Google and Facebook in a multi-billion-dollar market. Telefonica and Blackstone's GSO Capital Partners division have formed Axonix, a London-based advertising company which will buy and sell "space" for targeted advertising via mobile phones, the Spanish firm said. Telefonica said it was the first telecom firm to compete in the lucrative mobile online advertising market dominated by major internet companies such as Google, Facebook and Twitter. "This is the first mobile advertising exchange platform owned and powered by a mobile operator," the statement added. More »

Fasten your seatbelts and get out your toothbrushes, because an avalanche of hard candy is about to hit China. The Wall Street Journal just reported that Candy Crush Saga, the mega-hit mobile game made ... More »

This month marks Oppo Indonesia’s first year anniversary. The country overtook Thailand to become Oppo’s biggest market outside its home country, China. More »

Google took a step in that direction this week with the acquisition of Titan Aerospace, a maker of solar-powered drones that can help boost Internet access to remote areas. "It's still early days, but atmospheric satellites could help bring Internet access to millions of people, and help solve other problems, including disaster relief and environmental damage like deforestation," said a Google spokesman. They can perform similar functions to geostationary satellites, but are less costly. Drones are just one of several ideas being explored by Google, Facebook and others that may involve satellites, high-altitude balloons, blimps or other flying machines. More »

Times Internet announced this morning it has acquired the restaurant reservations startup Dineout, which covers a number of restaurants in Delhi-NCR and Mumbai. More »

The bad news is that Web browsers may be overloaded by the overhaul of security certificates, leading to error messages and impacting Web performance, said Johannes Ullrich of the SANS Internet Storm Center. The patches enable the Web operators to obtain new security certificates that demonstrate they can be trusted by Web browsers. But Ullrich noted that for each patch, Web browsers must update their list of "untrusted" certificates or "keys" that would be rejected. More »

Too many free event t-shirts in your cupboard? Or maybe your recycling bin is starting to overflow with empty company-branded goodie bags? If you’re staring at games for more than eight hours a day and ... More »

In Q1 2014, China's revenue growth was stronger than download growth for the first time. Games accounted for the majority of that rise. More »

The troubled Mt. Gox bitcoin exchange was hoping to revive and restart business. But all that ends today with Mt. Gox filing for liquidation in Tokyo. More »

Zalora launched the platform yesterday in three countries: Indonesia, the Philippines, and Vietnam. More »

Baidu (NASDAQ:BIDU), the Chinese tech giant best known for its search engine, announced yesterday it will roll out a new mobile wallet app called Baidu Wallet (baidu qianbao), reports Jinghua.cn (via Techweb). ... More »

The “Culture” section in the World Startup Wiki aims to help foreign entrepreneurs, companies, and investors understand the market and see if the Philippines is an ideal business location for them. More »

Weibo yesterday made a final amendment to its prospectus, showing the social network's financial performance during the first quarter of this year. More »

The Chinese ecommerce juggernaut pulled in US$3.06 in revenue in Q4 2013, which is up 66 percent on the same period a year before. More »

Social networking company Twitter on Wednesday rejected demands from the Turkish government to open an office there, following accusations of tax evasion and a two-week ban on the service. Speaking after two days of closed-door talks with Turkish officials, Colin Crowell, Twitter's head of global public policy, told AFP: "We did not agree on opening an office in Turkey." "Making greater investments here to grow our business has a relationship to whether or not we can count on the continuity of our service," he said. The Twitter delegation was in Turkey to ease tensions after Turkish Prime Minister Recep Tayyip Erdogan accused the firm of tax evasion and blocked it. More »

US computer chip giant Intel reported a modest dip in earnings in the first quarter on Tuesday, amid a stabilization of the key personal computer segment. Profits in the January-March period dipped five percent to $1.9 billion, results which slightly beat Wall Street estimates. More »

Yahoo reported a stronger-than-expected first-quarter profit Tuesday, results hailed by chief executive Marissa Mayer as showing growth in the Web giant's "core" business. Profits were down 20 percent from a year ago with revenues nearly flat for Yahoo, which has been making major shifts under Mayer, a former Google executive. "Our search revenue grew nine percent year over year, marking our ninth consecutive quarter of growth." Mayer said Yahoo's mobile service was attracting more than 430 million monthly users. "More than half of Yahoo's total monthly audience joins us on a mobile device," she said. More »