Tiger Global and Ant Financial leads $500M investment in China’s shared housing startup Danke – TechCrunch

A Chinese startup that’s taking a dorm-like approach to urban housing just raised $500 million as its valuation jumped over $2 billion. Danke Apartment, whose name means “eggshell” in Chinese, closed the Series C round led by returning investor Tiger Global Management and newcomer Ant Financial, Alibaba’s e-payment and financial affiliate controlled by Jack Ma.…

Thailand passes controversial cybersecurity law that could enable government surveillance – TechCrunch

Thailand’s government passed a controversial cybersecurity bill today that has been criticized for vagueness and the potential to enable sweeping access internet user data. The bill (available in Thai) was amended late last year following criticism over potential data access, but it passed the country’s parliament with 133 positives votes and no rejections although there…