TikTok surpassed US$ 3 billion in lifetime consumer spend in January 2022 The average TikTok user spends about 19.6 hours a month in the app globally excluding China. The top 25 live video streaming apps supported a US$ 3.8 billion economy in 2021 Social apps are becoming increasingly influential for consumers today. Businesses realize this... Read more » Read more ›
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The country wants to set up a special organization to facilitate collaboration between domestic companies and overseas semiconductor powerhouses The organization, that may include Intel and AMD, will be launched in the first half of this year and be known as the cross-border semiconductor work committee. Semiconductors represent a rare area in which the Chinese... Read more » Read more ›
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While India has yet to have 5G network deployment, consumers are already getting their hands on 5G smartphones. The 5G rollout is only expected to take place towards the end of 2022 and Indian consumers are getting prepared for it. In fact, Cybermedia Research (CMR) India Mobile Handset Market Review Report for Q4 2021 showed... Read more » Read more ›
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IMF believes that for CBDCs experiments to succeed, policymakers need to deal with many open questions, technical obstacles, and policy tradeoffs. Besides the need for balance, financial stability and privacy considerations are paramount to the design of CBDCs, according to the IMF. So far, there are around 100 countries exploring central bank digital currencies at... Read more » Read more ›
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Cyber threats continue to be a big problem for organizations globally. Every year, companies face the challenge of dealing with the thousands of threats targeted at them daily. Thankfully, threat intelligence solutions today are able to identify and stop most of these threats from causing serious problems. According to Trend Micro’s newest report, its threat... Read more » Read more ›
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Via a joint venture firm by Foxconn and PTT, a factory will be built in the country’s Eastern Economic Corridor (EEC), capable of producing 50,000 EVs a year. The two partners are expected to invest a combined US$1 to US$2 billion into the venture: PTT will hold a 60% stake and Foxconn, the remaining 40%.... Read more » Read more ›
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The Olympic Winter Games in Beijing now has a virtual influencer. Dong Dong may not be taking part in any of the sporting events but has been making the headlines around the world. The advanced digital persona created by Alibaba to engage with fans brings the possibilities of cloud-based innovation closer to consumers. While Mark... Read more » Read more ›
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As the world continues to face a chip shortage crisis, any disruption to the supply chain is expected to cause more problems for companies around the world. Despite the numerous efforts taken by chip manufacturers to ensure chip output is not affected, some disruptions are just unavoidable. The resurgence of the COVID-19 pandemic in China... Read more » Read more ›
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The sovereign cloud is designed to deliver security and data access based on the strict requirements of regulated industries under local data privacy laws and regulations. Several countries have already launched their own sovereign clouds to have visibility and better protect their citizen’s data. Last week, German software firm SAP said it would roll out a... Read more » Read more ›
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In an interview with Tech Wire Asia, BigPay CEO Salim Dhanani believes the birth of digital banks in Malaysia will “redefine the financial services industry overall” which in turn is “fantastic news for consumers”. The Central Bank of Malaysia is due to announce its first five recipients of the country’s maiden digital bank licenses. The... Read more » Read more ›
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Indosat Ooredoo Hutchison is the second-largest cellular telecommunications company in Indonesia. The country is already home to one of the biggest e-Commerce markets in world and has the most internet users in the region. As such, internet speed is key in the country as millions rely on connectivity for their daily activities. Over the years,... Read more » Read more ›
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Digital twin technology has been enabling organizations, especially those in the manufacturing, healthcare, and oil and gas industry improve their operations as it enables them to monitor their infrastructure remotely. In smart cities, digital twin technologies are also considered crucial especially in having visibility over the infrastructure. For enterprises, using digital twin in smart cities... Read more » Read more ›
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Since China is the biggest and most important market for Volkswagen, CEO Ralf Brandstaetter will be relocating to Beijing to oversee the local operations. The company believes once its new EV plant in Anhui Province is operational next year, the automaker is capable of an EV production of one million units annually. Volkswagen will be... Read more » Read more ›
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The Indian fintech industry continues to boom as it becomes the third largest fintech ecosystem in the world. In fact, there are more than 6000 fintech companies in India with a large chunk of them into investment tech and payments. According to a report by BLinC Investment Management, a Mumbai-based VC firm, the overall market... Read more » Read more ›
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Record 191 fintech deals drives Singapore fintech investment US$ 3.94billion in 2021 Crypto and blockchain funding account for nearly half of the value raised by Singapore Fintechs in 2021 with US$1.48billion in size with 82 deals. India and South Korea also both saw record high fintech investment during 2021, while investment in Australia remained very... Read more » Read more ›
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Running on blockchain, Web3 is expected to revolutionize the internet by changing the ownership and power of private data to the users. Some experts reckon due to its lack of central control and access to data, Web3 could make it even more difficult to police cybercrime. The Internet that most of us are a part... Read more » Read more ›
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The deployment of 5G networks continues to make headlines around the world. While the US has finally gotten the ball rolling in the rollout of 5G network deployment, several countries in Asia have been way ahead in the game. For most countries, the public 5G networks are expected to enable users to experience a whole... Read more » Read more ›
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Safer Internet Day is celebrated on the 8th of February. This year, the 19th edition is themed “Together for a better internet” and calls upon all stakeholders to join together to make the internet a safer and better place for all, especially for children and young people. While several NGOs advocating safer internet and data... Read more » Read more ›
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Some experts and auto companies predict that the global chip shortage could ease by the second half of this year. Deloitte reckons many types of chips will still be in short supply throughout 2022, with some component lead times pushing into 2023. An oversupply by 2024 is possible especially after most of the pipeline foundry... Read more » Read more ›
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Most organizations desire high-performance computing as it enables them to solve some of the biggest challenges when it comes to dealing with modern workloads and large amounts of data. However, there is one big problem. High-performance computing is not cheap technology. Even if organizations can afford the capabilities of the supercomputer, having sufficient talent to... Read more » Read more ›
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Most popular sources
Business Insider | 43% 5 |
Gizmodo | 8% 6 |
The Verge | 6% 2 |
Android Authority | 6% 3 |
MacRumors | 5% 2 |
View sources » |
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10.10.2024 06:21
Last update: 06:16 EDT.
News rating updated: 13:11.
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