Dollar Dips, Stocks Slide Amid Diminished Rate Cut Expectations
On Tuesday, both the dollar and stocks experienced a downturn in New York and London, with fading optimism regarding imminent interest rate cuts by central banks weighing heavily on market…
Singapore to spend S$100 million to better upgrade fibre network to 10Gbps starting mid-2024.
In a bid to bolster its digital infrastructure, Singapore has announced a substantial investment of up to S$100 million (US$74.3 million) to upgrade its nationwide broadband network. The ambitious plan,…
Amazon’s Inclusion in the Dow Jones Industrial Average Signals Shift in Consumer Retail Landscape
In a significant move, Amazon is poised to join the esteemed Dow Jones Industrial Average, marking a pivotal moment in the evolution of the index. The decision, announced by S&P…
Uber is excited to be experimenting with prepaid-item pickup from nearby stores in India.
Gig workers can now collect prepaid items from local stores for delivery to customers in Delhi-NCR New Delhi, India – February 21, 2024: Uber has discreetly initiated testing for a…
Adobe Introduces AI Assistant for Enhanced Document Management
Adobe has unveiled an innovative artificial intelligence assistant within its Acrobat and Reader platforms, heralding a new era in how users interact with PDF documents. This AI assistant, currently in…
The Nasscom-BCG report forecasts India’s AI industry to reach a valuation of $17 billion by 2027
Mumbai, India – In a significant development for India’s technology landscape, the artificial intelligence (AI) market is poised for robust growth, with projections estimating its value at $17 billion by…
Seattle’s New Gig Worker Wage Law Faces Tech Company Resistance
Seattle has recently implemented a new minimum wage law, sparking significant debate among stakeholders, particularly tech companies like DoorDash. This legislation is part of Seattle’s broader “PayUp” campaign, designed to…
Viatom Unveils Advanced Sleep Monitoring Platform Upgrades To Optimize RPM
Viatom, a pioneer in health technology, announces a significant upgrade to its Sleep Monitoring Solution, providing users with a more comprehensive and insightful analysis of their sleep health. American Samoa…
Singapore faces challenges with increasing cybercrime incidents, as scam cases continue to rise.
In an era increasingly dominated by digital transactions, Singapore has witnessed a significant surge in cybercrime, with scam and cybercrime cases escalating by an unprecedented 49.6% last year. This alarming…
Five Australian Telcos Penalized for Allowing Scam SMS Flood
Australia has taken decisive action against five telecommunications companies for their role in distributing bulk scam SMS messages, in violation of the nation’s stringent anti-scam regulations and public safety protocols.…
Indonesia’s Expansion in North Sumatra Basin
Indonesia is poised to expand its oil and gas exploration efforts in the North Sumatra basin following a significant discovery by Mubadala Energy, as the country aims to ramp up…
Paytm, India’s fintech leader, falters amid scrutiny, raising industry worries.
New Delhi, India – In the aftermath of India’s demonetisation on November 8, 2016, which saw the withdrawal of high-value currency notes from circulation, Paytm seized the moment with a…
China’s Securities Watchdog Engages Market Participants to Restore Market Confidence
In Beijing and Shanghai, China‘s securities watchdog convened a series of seminars on Sunday and Monday, engaging with various market participants to explore strategies aimed at enhancing scrutiny of company…
Walmart Acquires Vizio in Bold $2.3 Billion Bid to Boost Ad Business
Walmart has announced its intention to acquire Vizio, a leading manufacturer of smart TVs, for an estimated $2.3 billion. This strategic move is set to catapult Walmart into a new…
Nasdaq Takes a Hit as Nvidia Stumbles; Walmart Surges to Record High
In Tuesday’s trading session, the Nasdaq spearheaded the downturn on Wall Street, with chip manufacturer Nvidia experiencing a sharp decline early on, while retail giant Walmart’s optimistic outlook tempered losses…
S&P Global Acquires Visible Alpha to Bolster Data Dominance
S&P Global announced its agreement to acquire consensus provider Visible Alpha, marking the latest in a series of strategic moves to cement its position as a leading data conglomerate. While…
Encouragement for EV makers to choose Malaysia as their ASEAN hub.
Investment Minister Tengku Zafrul Abdul Aziz Highlights Opportunities in ASEAN’s Growing EV Market Petaling Jaya, 20th Feb 2024: Investment, trade, and industry minister Tengku Zafrul Abdul Aziz has urged electric…
OpenAI’s Bold Move Against Google with New AI-Powered Search Engine
OpenAI is reportedly venturing into the domain of search engines, potentially challenging Google Search’s long-standing dominance. The Information has recently disclosed that OpenAI, the organization behind ChatGPT, is in the…
India’s disgruntled farmers demand a better agreement.
The ongoing farmers’ protest in India has once again captured global attention as tensions rise between agricultural workers and the government. What started as opposition to agricultural laws has evolved…
Singapore-based financial technology company Xalts has acquired the digital trade platform, Contour Network.
In a surprising move that signals the growing clout of fintech startups on the global stage, Singapore-based Xalts has announced its acquisition of the digital trade platform Contour, originally established…