India may delay UPI market caps, favoring the PhonePe-Google Pay duopoly.
India’s mobile payments landscape stands at a crossroads as the National Payments Corporation of India (NPCI) contemplates extending the deadline for imposing market share caps on the Unified Payments Interface…
DEEPX, an AI chip startup, successfully raises $80 million in Series C funding, valuing the company at $529 million.
In the ever-evolving landscape of artificial intelligence (AI) technology, South Korean startup DEEPX has emerged as a frontrunner in the development of on-device AI chips. The company, known for its…
Thai food delivery service Line Man Wongnai carefully considers IPO in Thailand and the US for 2025
In a comprehensive interview with TechCrunch, Yod Chinsupakul, CEO and co-founder of Line Man Wongnai, detailed the company’s ambitious plans for an initial public offering (IPO) potentially set for 2025.…
ASUS unveils its “AI PC” featuring the Snapdragon X Elite chipset in anticipation of Computex 2024.
On May 21, ASUS, the renowned technology giant, made waves in the computing world with the announcement of its latest innovation, the ASUS AI PC. This virtual event, titled “Next…
US considers restrictions on China’s use of AI software that powers applications similar to ChatGPT
In a significant move that could reshape international AI technology dynamics, the Biden administration is reportedly considering new export controls on proprietary AI models. This initiative aims to prevent the…
Huawei’s new innovative Pura 70 phone features more parts made in China, including the memory chip.
SHENZHEN/SHANGHAI, May 9 — Huawei Technologies is making significant strides towards technological self-sufficiency with its latest high-end smartphone, the Pura 70 Pro, featuring a higher percentage of Chinese-made components than…
Intel and Qualcomm Report Blocked Exports to China Amid Beijing’s Objections
Intel Corporation announced on Wednesday a significant expected drop in its second-quarter sales following the U.S. government’s revocation of several export licenses for a major Chinese customer. The move, which…
Salesforce Introduces New AI and Data Innovations to Address Trust Issues in ASEAN
Singapore — Salesforce, a global leader in CRM solutions, has unveiled a series of AI-driven tools and data solutions aimed at enhancing AI adoption and building trust among enterprises throughout…
Salesforce study shows Singapore workers’ AI trust and control concerns.
A comprehensive study conducted by Salesforce, focusing on the perceptions and attitudes of Singaporean workers towards artificial intelligence (AI), has highlighted significant apprehensions regarding the control and trustworthiness of AI…
Honda collaborates with Japanese taxi firms to launch autonomous driving service
TOKYO – In a significant move within the autonomous vehicle sector, Honda Motor Co. has announced a strategic partnership with major taxi operators to introduce self-driving taxis in Japan. This…
U.S. withdraws certain export permits for chip sales to Huawei, aiming to limit China’s technological influence.
In a significant move that underscores the ongoing geopolitical tensions between the U.S. and China over technological dominance, the U.S. Department of Commerce has announced the revocation of certain licenses…
AI surge expected to drive data centre transactions in Asia this year
SYDNEY/HONG KONG/SINGAPORE — As the artificial intelligence (AI) boom intensifies, global private equity investors and asset managers are preparing for an influx of mergers and acquisitions (M&A), as well as…
Spot ETH ETFs May Fall Short on Delivering Complete Returns to Investors
The cryptocurrency sector is abuzz with the recent successes of spot Bitcoin ETFs, turning the industry’s focus towards the potential for similar products based on Ethereum (ETH). However, the regulatory…
Echelon X, the premier tech conference in Southeast Asia, is scheduled for May 15-16 in Singapore.
Singapore, May 2024 — The esteemed tech and startup platform, e27, has announced the launch of its latest and potentially most significant event to date, Echelon X. Celebrating its tenth…
VARA Introduces Thai-Inspired Corporate Catering Menu in Seattle, Washington
“SharingThailand’s Rich Culinary Heritage Through Inspired Catering Services” Vara, a collective of Thai culinary creators, unveils its new corporate catering menu. This menu embarks on a culinary exploration through Thailand’s…
Amazon pledges to invest US$9 billion to amplify its cloud investment in Singapore.
In a strategic move to bolster its presence in Southeast Asia, Amazon.com Inc has announced plans to invest a staggering US$9 billion (RM42.66 billion) into expanding its cloud computing infrastructure…
Lazarus Group’s Multi-Year $200M Crypto Laundering Scheme Exposed
Between 2020 and 2023, the Lazarus Group, a notorious North Korean state-backed cybercrime syndicate, orchestrated an extensive laundering operation involving over $200 million stolen from cryptocurrency platforms. This revelation was…
South Korea Enhances Crypto Oversight with Permanent Investigative Department
South Korea is taking significant steps to fortify its approach to cryptocurrency regulation. In a move reflective of the growing importance of digital assets within the legal and economic landscape,…
China’s Ant Group intensifies its focus on global expansion, unveiling a cross-border payments service featuring Alipay+.
In a strategic move to bolster its international footprint, Chinese fintech powerhouse Ant Group is leveraging its digital payment solution, Alipay+, to facilitate seamless transactions across borders. The initiative comes…
Runes Drive Transaction Fees Over 1,200 BTC, Offering Boost to Miners Post-Halving
In the wake of Bitcoin’s latest halving, the industry has witnessed significant shifts in the revenue dynamics for miners. A surprising twist has come from the implementation of Runes, a…