In a report last Monday, ride-hailing company Grab announced its plan to raise $2.5 billion to reinforce its mobile payment platform and maintain dominance in Southeast Asian market over rival Uber. The investment program will be lead by the Softbank Group of Japan and Chinese ride-hailing app Didi Chuxing in what...

According to a report last Sunday, Snapchat is employing efforts to stop other social media companies from copying their app. By hiring Strong.Codes, software engineers can obscure their code and make it difficult to interpret. Over the past year, users have seen other social media platforms with updates that strikingly resemble...

Manila, Philippines — In a report last Saturday, Smart and PLDT's financial technology (fintech) division called FINTQ has proclaimed many new digital collaborations with various organizations. It is considered the country's biggest running fintech company today. According to PLDT, Smart chairman Manuel V. Pangilinan, innovating the way the financial industry works...

Madrid, Spain — Last Sunday, the Madrid government urged its anti-monopoly guardians to evaluate Uber's new airport service over speculations that it is breaking fair market competition. The Uber airport service takes passengers from the Madrid Bajaras airport to the center of the city. It charges a tax duty of...