Friday Flashback: This Chinese Smartphone Maker Files for Bankruptcy

Know what happened in the APAC region over the past week

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Former Correspondent, Entrepreneur Asia Pacific
1 min read

Here's a new series on the big developments that took place in the APAC region over the past one week. 

  1. Facebook is developing a cryptocurrency for Whatsapp transfers! According to reports, it will let users transfer money on its messaging app.
  2. Gionee files for bankruptcy. Chinese smartphone maker Gionee fails to pay debts to 648 creditors.
  3. Even NASA is not immune from cyberattacks! Earlier this week, an internal memo was sent to employees of the space agency to inform them of the data breach.

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