Facebook removes hundreds of accounts linked to fake news group in Indonesia

Facebook said today it has removed hundreds of Facebook and Instagram counts with links to an organization that peddled fake news. The world’s fourth largest country with a population of over 260 million, Indonesia is in election year alongside Southeast Asia neighbors Thailand and the Philippines. Facebook said this week it has set up an ‘election […]

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“The problem is Facebook,” lawmakers from nine countries tell Zuckerberg’s accountability stand-in

A grand committee of international parliamentarians empty-chaired Mark Zuckerberg at a hearing earlier today, after the Facebook founder snubbed repeat invitations to face questions about malicious, abusive and improper uses of his social media platform — including the democracy-denting impacts of so-called ‘fake news’. The UK’s DCMS committee has been leading the charge to hold Facebook […]

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Korean hotel firm Yanolja moves into Southeast Asia with $15M investment in Zen Rooms

Zen Rooms, the budget hotel network startup founded by Rocket Internet, had faced the deadpool earlier this year after a prospective funding deal collapsed, but now the business appears to have found a home. Korea’s Yanolja, a popular motel brand that has branched out into app-based hotel bookings, has made a strategic investment that could see it […]

View More Korean hotel firm Yanolja moves into Southeast Asia with $15M investment in Zen Rooms

India’s BookMyShow pulls in $100M to grow its online ticketing business

BookMyShow, an online ticketing service for cinemas, theatres and sports in India, has pulled in $100 million in new capital for growth. The Series D round was led by private investment firm TPG Growth and it included participation from undisclosed existing investors. BookMyShow, which is headquartered in Mumbai, has now raised a total of $225 million […]

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Papua New Guinea threatens to close Facebook for a month to investigate its harmful impact

Facebook is proving problematic for many governments worldwide, but few would think to shut it down entirely. That’s exactly the approach that Papua New Guinea, the Pacific sea island nation located near Australia, is proposing to take with a new measure that could see the social network closed off for a month. During that period, the […]

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