Last Week in Tech: Samsung’s comeback, Yahoo’s new parent company, and more funding action.

Photo credit: AFP/Daniel Leal-Olivas

Samsung bounces back from exploding smartphones, Uber isn’t the only company grappling with questionable leadership, and what exactly is Oath?

Welcome to Last Week in Tech, where we look back at what happened in the tech and startup ecosystem in the last seven days. We’ve also collated a list of regional events to look forward to in the week ahead for your convenience.

Love it? Hate it? Let us know in the comments below!

Quick Bites

A snapshot of last weeks’ news in sentences.

Adventures in Asia

• Despite exploding smartphones and the leader in jail, Samsung forecasts a 50 percent jump in profit. It may be possible, as long as the new Galaxy S8 doesn’t dabble in pyrotechnics. (Jon Russell / Techcrunch)

“At least the Galaxy S8 will save the company.” Photo credit: Reuters/Kim Hong-Ji

• Infinium Robotics CEO charged by the Singapore government for not paying its employees. (Terence Lee / Tech in Asia)
• Grab acquires Indonesian startup Kudo to up its payments game. The sum is undisclosed, though some say it’s a deal is worth over US$100 million. (Nadine Freischlad / Tech in Asia)

The Silicon Valley scoreboard

• Verizon’s acquisition of Yahoo isn’t even complete, but its merger with AOL already has a new name — Oath. (Avery Hartmans / Business Insider)
• Amazon considers allowing advertisers to target Amazon buyers, which could beat Google ads in conversion potential. (Terence Lee / Tech in Asia)
• Head of Google’s internet balloon project launches Apollo Fusion to put emission-free, waste-free nuclear power plants into our backyards. (Brian Heater / Techcrunch)

India intensifies

Last week in funding

Must Reads

Upcoming events