Zeotap gets $13 million to unlock treasure chests of telco user data for mobile ads

Malavika Velayanikal, reporting for Tech in Asia;

Whether it is artificial intelligence or targeted advertising, it’s the quality of data that determines how smart the results will be. Berlin-based Zeotap, which also has a joint venture in Bangalore, zeroed in on this aspect from the very outset of its adtech business in late 2014. It started tying up with telecom companies across Europe and Asia to use their customer data for targeting mobile ads.

SPH’s media profit crashed by half quarter-on-quarter

Terence Lee, writing for Tech in Asia;

Singapore Press Holdings, Singapore’s largest newspaper publisher, continues to struggle in the online world. Its quarterly media profit before taxation fell from US$43 million to US$23 million, a 47 percent decline from Q1 2016 to Q1 2017.

That’s one big decline and since Singapore is practically the startup/tech hub in Southeast Asia, I think it’s about time to think like a startup as well.

New incubator seeks out Southeast Asia’s blockchain and bitcoin startups

Kylee McIntyre, writing for Tech in Asia;

If you’re just starting work on a blockchain tech startup in Southeast Asia, there’s a new gateway open to you. Satoshi Studios, a brand-new incubator for Southeast Asia, is seeking startups to whip into shape for its first batch.

Blockchain is not only for Bitcoin but can also be applied to other industries as well and that is probably what Satoshi Studios is looking for startups.

To apply, you can visit https://satoshistudios.typeform.com/to/OtQyzw

Samsung plans $150m for early-stage AI, VR, and IoT startups

Eva Xiao, reporting for Tech in Asia;

After a rocky year of Galaxy Note 7 explosions, Samsung is starting the new year with good news.

On Wednesday at CES, the Korean tech giant announced the launch of the Samsung NEXT Fund, a US$150 million venture capital fund for early-stage startups in artificial intelligence, virtual reality, internet-of-things, and other “frontier technologies.”

Lingerie startup Lolalola shuts down

Nadine Freischlad, writing for Tech in Asia;

It sounded like the perfect ecommerce idea: in a fairly conservative, Muslim-majority country, sell lingerie online. Women (and men) might be more enticed to purchase if there’s a discreet way and a broad selection.

With this premise, Lolalola launched in March 2015. Today, the startup’s website reads that it has stopped operating, without stating any further reason. The page sends customers to Lolalola’s social media channels instead. It says customers can still make purchases there.