Eduardo Saverin

Facebook Co-Founder Eduardo Saverin Becomes Singapore's Richest Person

Billionaire Eduardo Saverin, the Facebook co-founder, who became a Singapore resident after renouncing his U.S. citizenship in 2012, is now the island-nation’s richest person. With an estimated net worth of $10.1 billion, Saverin, 35, edged past property siblings Robert & Philip Ng, who have …

Singapore

Facebook Co-Founder Eduardo Saverin Backs First Indian Startup

Facebook Inc. co-founder Eduardo Saverin is participating in a $40 million investment in Mswipe Technologies, his first foray into the India startup …

Startups

Asia tech news roundup – Dec 7

Indonesia’s Go-Jek revealed plans for expanding beyond its home soil today, in what would constitute a major shake-up for the regional ride-hailing …

Startups

B Capital Group Leads Series D Funding Round in Mswipe

The funds will be used for expanding Mswipe’s acceptance network for digital payments and strengthening product development capability

Startups

Facebook co-founder’s B Capital leads $10M investment in Indian payment startup Mswipe

B Capital, the investment firm from Facebook co-founder Eduardo Saverin that is backed by BCG, has stepped into India after it backed smart point-of-sale company Mswipe in its first deal in the country.<p>The U.S.-Asia fund is investing $10 million into Bangalore-based Mswipe alongside DSG Consumer …

Technology (India)

Facebook Inc Environmental Performance - Newsweek Green Rankings 2017-18

Facebook is an American for-profit corporation and an online social media and social networking service based in Menlo Park, California. The Facebook …

Facebook

Asia Media News: Dec 1, 2017

Share Email Comments<p><b>Peter Olszewski</b> rounds up the last fortnight in media news from the Asia market.<p>Singapore rich-kid wants to buy Rolling Stone<p>A …

Asia

Meghan Markle could face a big tax bill if she renounces US citizenship

Relinquishing your U.S. citizenship can come with a hefty price tag.<p>Load Error<p>Because the United States is one of the only countries to tax based on …

Meghan Markle

To portray a paralyzed polio patient in 'Breathe,' Andrew Garfield relied on his voice and expressions

Andrew Garfield is the kind of guy who’s as likely to ask about his interviewer’s life as he is to chat about himself and his portrayal of pioneering polio survivor Robin Cavendish in “Breathe,” which the London-based actor was in Los Angeles to talk about. Chalk up this trait to humility, a …

Andrew Garfield

During Mugabe’s 37 years rule, here are 10 things that happened

<i>Yovanka Paquete Perdigao goes down memory lane, to remind us how long 37 years can be.</i><p><b>1.The Simpsons became popular culture icons</b><p>The Simpsons in 1987 …

J. K. Rowling

15 super Singapore start-ups to watch in 2018

Singapore is Asia. The island city-state that occupies a strategic point in the Straits between India and Hong Kong was founded as a colonial …

Startups

Tech In Asia raises $6.6M led by Korean conglomerate Hanwha

Tech In Asia, the Singapore-based media and events startup, has closed $6.6 million in fresh funding.<p>The lead investor is a name that may not be too familiar to regular readers (yet) and that’s Hanwha, a Korean conglomerate which started out in explosives in 1952 but has since expanded into a range …

Startups

Stitch Fix Co-Founder to Reap Millions in IPO; Her Ex-Partner Is a Footnote

Stitch Fix, a fashion startup preparing to go public this week, lists CEO Katrina Lake as its sole founder on its website and in documents distributed to prospective investors.<p>But buried in a footnote of a regulatory filing is a hint of the type of ownership conflict that often roils young …

Business

The most expensive homes to have been sold in Singapore

While it has taken a beating from the government’s property cooling measures in recent years, luxury home prices in Singapore are now showing signs …

Real Estate

99.co boss: ‘Our advantage is risk’

Darius Cheung of 99.co. Photo credit: 99.co.Darius Cheung, founder and CEO of Singapore-headquartered property finder 99.co, mused on his company’s …

Startups

Asian tech news roundup – Oct 31

Photo credit: Pexels.Investment for Bigbasket, SoCash, and Netmeds; shutters for Tripvisto; and a new role for Jack Ma. Here are some of today’s tech …

Tai Chi

Howard Morgan teams with Facebook co-founder

Howard Morgan today announced that he has agreed to become chairman of B Capital Group, a global growth equity firm led by Facebook co-founder …

Business

B Capital Hires Howard L. Morgan as Its New Chairman

LONDON — During his long career, Howard L. Morgan has been an early executive at Renaissance Technologies, the giant hedge fund, and a co-founder of First Round Capital, the venture capital firm.<p>His next role: joining the venture capital fund co-led by Eduardo Saverin, one of the co-founders of …

Business

Singapore Venture Capital Surges as Startups Seek Room to Grow

Singapore is experiencing a surge in venture capital fundraising, reflecting growing interest in Southeast Asia’s startups.<p>This month, Vertex …

Venture Capital

Scooter Braun’s Hit Factory

The top talent manager has shaped the careers of worldwide stars from Justin Bieber to Ariana Grande. Now the man behind the music is evaluating his own next act<p>By<p>Alex Bhattacharji<p><b>Sporting a black</b> hoodie, gray board shorts and white Adidas Yeezy Boost sneakers, Scooter Braun—manager to Justin …

Lifestyle

Six key questions for Mark Zuckerberg after he gave up on trying to split Facebook stock

Can Zuckerberg still go take a job in government and keep control over Facebook?<p>Facebook withdrew a proposal on Friday that would have split the company’s stock and issued a new class of non-voting shares to the general public — a restructuring that would have allowed CEO Mark Zuckerberg to retain …

Facebook

Legal tussle between PropertyGuru and 99.co over copyright infringement begins

SINGAPORE: One of Singapore’s biggest property websites is suing its rival for copyright infringement in an attempt to stop the competitor from …

Patents

PropertyGuru in legal tussle with 99.co over copyright infringement

SINGAPORE: Property portal PropertyGuru has taken 99.co to court over copyright infringement, accusing the latter of reproducing content from its …

Copyright

Former Jumio Executives Targeted in New Lawsuit

Complaint alleges that prior leaders misrepresented company’s financial health<p>To read the full story, Join Now or Sign In<p>Members Only<p>This is the kind of news coverage and analysis you can access exclusively as a WSJ Pro Member.

When was Facebook launched and who was behind it with Mark Zuckerberg?

Facebook was launched on 4 February 2004 by Mark Zuckerberg with the help of Eduardo Saverin, Andrew McCollum, Dustin Moskovitz and Chris Hughes.<p>The …

Facebook

Sweet 16: The Youngest Of Tech's Richest

From building social networks to creating shared economy platforms, these relative youngsters are controlling the way we live – and getting rich for it. In <i>Forbes’</i> third annual Richest In Tech list, there are 16 self-made entrepreneurs who are under the age of 40, two more than last year. While 9 of …

Startups

Why It's Nearly Impossible to Make a Good Biopic

From 'All Eyez on Me' to 'Nina' to 'Lincoln,' there are a lot of ways to tell and/or ruin a life story.<p>In June of this year, <i>All Eyez on Me</i>, the much-anticipated biopic on the life of rap artist Tupac Shakur, was released to much fanfare and industry chatter. The project pulled in $12.8 million on …

Documentaries

Halt and Catch Fire is the perfect show about tech innovation

The AMC series starts its fourth and final season this weekend, concluding a smart story about collaboration and compromise<p>Most film and TV stories about innovation suggest that technological progress is the product of isolated, great men — almost exclusively men — working on fresh ideas, …

TV

Why being empathetic may hurt your career more than help it

• <b>Psychologists say empathy isn't always a good thing in business.</b><p><b>• Being too empathetic could mean putting your team's needs ahead of yours, and the needs of your business.</b><p><b>• Multiple anecdotes about powerful execs show how empathy can affect decisions.</b><p>If you're planning to climb the corporate …

Elon Musk

Cross-Examining David Fincher’s Interrogations

Allegiances are never simple in a Fincher film.<p><b>David Fincher</b> makes some seriously memorable films. That’s like saying water is wet, but his movies …

David Fincher