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Tech Wire Asia
Aaron Raj @ Tech Wire Asia 1 place · 11/25/2021 21:50 EDT

China requires new apps to get state approval

The domestic tech crackdown continues in China with new apps need and updates now needing approval by the government. The crackdown has already seen several brands like Yahoo, LinkedIn and Fortnite shut down their operations over the past month. Months earlier, Chinese regulators ordered AntGroup to separate from its main business the company’s two lending... Read more » Read more

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Tech Wire Asia
Aaron Raj @ Tech Wire Asia 2 place · 11/25/2021 20:50 EDT

Stablecoin to be Palau’s first digital currency

Republic of Palau to create the world’s first government-issued national stablecoin Palau has partnered Ripple to explore the national digital currency and its use cases with the XRP Ledger Palau chose Ripple because of its extensive experience in blockchain and building global payment systems Digital currencies are becoming increasingly sought after by governments and stablecoin... Read more » Read more

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Tech Wire Asia
Aaron Raj @ Tech Wire Asia 2 place · 11/25/2021 19:50 EDT

DBS Bank suffers worst outage in a decade   

When DBS Bank suffered an outage a few days ago, many of its customers in Singapore began panicking as they were unable to complete their transactions. The outage is the biggest disruption suffered by the bank since a major glitch over a decade ago. For financial institutions like banks, any form of an outage is... Read more » Read more

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Tech Wire Asia
Aaron Raj @ Tech Wire Asia 3 place · 11/24/2021 23:50 EDT

Mapping e-Commerce companies in Southeast Asia.

Online shopping is becoming a major trend in Southeast Asia Local e-Commerce companies are growing popular among consumers  Social media is playing a role in promoting e-Commerce platforms to consumers Earlier this month, e-Commerce companies in Southeast Asia made huge profits from the shopping festivals in the region. While many would say the e-Commerce companies... Read more » Read more

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Tech Wire Asia
Aaron Raj @ Tech Wire Asia 3 place · 11/24/2021 21:50 EDT

NFT adoption on the rise in Singapore

6.8% of Singaporean internet users currently have NFTs and 11.0% plan to own NFTs in the future Two in five Singaporean internet users know what NFTs are  NFT adoption is the highest in the Philippines (32%) and lowest in Japan (2.2%) Non-fungible tokens (NFTs) adoption are slowly picking interest among Internet users in the last... Read more » Read more

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Tech Wire Asia
Dashveenjit Kaur @ Tech Wire Asia 3 place · 11/24/2021 19:50 EDT

Japan plans a new bank-deposit-backed digital currency

The trial will focus on the digital currency and its feasibility for business transactions, such as large payments between companies. It will be backed by bank deposits and use a common platform. The initiative is independent of the Bank of Japan’s ongoing CBDC experiment. In April this year, the Bank of Japan (BoJ) launched the... Read more » Read more

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Tech Wire Asia
Employment Hero @ Tech Wire Asia 3 place · 11/24/2021 16:46 EDT

Turn the Great Resignation into the Great Recruitment Rush

We’re not going to work like it was in 2019. Being forced to go on lockdowns and working remotely has shifted people’s views on work – what it means and what is do-able, fair, and fulfilling. There has been a collective epiphany by both employers and employees to work differently from before; the question is... Read more » Read more

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Tech Wire Asia
Aaron Raj @ Tech Wire Asia 3 place · 11/23/2021 22:50 EDT

IT leaders feel organizations still compromising cybersecurity

90% of IT decision-makers claim their business would be willing to compromise on cybersecurity in favor of digital transformation, productivity, or other goals 82% also felt that they have been pressured to downplay the severity of cyber risks to their board A data breach might make organizations prioritize cybersecurity IT leaders are often tasked to... Read more » Read more

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Tech Wire Asia
Aaron Raj @ Tech Wire Asia 3 place · 11/23/2021 21:50 EDT

BNPL giant Kredivo making it big in Indonesia

Kredivo has more than 4 million users, representing over 50% of Indonesia’s BNPL market. Millennial and Gen Z consumers prefer BNPL transactions.  Integration with PPRO enables merchants to reach a large pool of underbanked or unbanked Indonesians.  As the fourth most populated country in the world, BNPL (buy now pay later) in Indonesia is an... Read more » Read more

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Tech Wire Asia
Aaron Raj @ Tech Wire Asia · 11/23/2021 19:50 EDT

Crypto Scams: Win some, lose some  

Increasing number of crypto scams have led to countries tightening crypto regulations Crypto scammers using social media to get trick their victims. As cryptocurrency is unregulated, funds lost through crypto scams are not recoverable. Crypto scams continue to be a big problem in the industry today. As cryptocurrencies are unregulated, crypto scammers are making huge... Read more » Read more

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Tech Wire Asia
SOPHOS @ Tech Wire Asia · 11/23/2021 00:48 EDT

Shift left: Tackle cyberthreats at the start of the attack chain with prevention and detection

This is not the season to be merry yet, as even with more news about alleged ransomware operators (although not always the creators) being apprehended worldwide and known ransomware collectives announcing they are shutting down, risks still abound. With ransomware bitcoin payouts valued at a mind-blowing US$5.2 billion in the past three years alone, the... Read more » Read more

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Tech Wire Asia
Aaron Raj @ Tech Wire Asia 2 place · 11/22/2021 22:50 EDT

The data culture will determine the future of businesses

The data culture continues to go strong as organizations make their way into the last month of 2021 and prepare to usher in the new year. For many, 2021 was still a year of uncertainties as the pandemic continues to disrupt plans, especially for companies that hoped to have their employees back in offices. Nevertheless,... Read more » Read more

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Tech Wire Asia
Aaron Raj @ Tech Wire Asia 2 place · 11/22/2021 21:50 EDT

Will Amazon’s probe affect India’s e-Commerce industry?

As Black Friday and Cyber Monday (BFCM) approaches, e-Commerce services are gearing up for the sales period as well. And one company and country that is looking forward to this is Amazon and India. Millions of “Made in India” products are expected to be making a big hit among customers with over 70,000 exporters preparing... Read more » Read more

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Tech Wire Asia
Aaron Raj @ Tech Wire Asia · 11/22/2021 19:50 EDT

Google boosts Australia tech scene with US$ 1 billion investment

Google has pledged to invest US$1 billion for tech research and development in Australia over the next five years. The deal includes plans to set up a new Google Research Australia lab in Sydney, which will be used for AI and quantum computing research. According to Mel Silva, Managing Director for Google Australia and New... Read more » Read more

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Tech Wire Asia
Aaron Raj @ Tech Wire Asia 2 place · 11/21/2021 23:50 EDT

Perfecting the 3D world of the metaverse   

For gamers, the 3D world in their games connects them to their gaming universe. And over the years, game developers continue to work on more realistic 3D worlds for gamers, using new technologies like AI imaging, motion capture and such. Now, the metaverse has been making headlines all over the world. While there have been... Read more » Read more

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Tech Wire Asia
Rebecca Oi @ Tech Wire Asia 2 place · 11/21/2021 20:50 EDT

Vinfast debuts two electric SUVs at LA Auto Show

With China and Japan seemingly to dominate the electric vehicles (EV) in the market, VinFast is aiming to make a mark as well in the industry. Vietnam’s flagship automaker unveiled two new electric SUVs, the VF e35 and VF e36, at the 2021 Los Angeles Auto Show on 18 November. The two new electric vehicles showcased... Read more » Read more

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Tech Wire Asia
Dashveenjit Kaur @ Tech Wire Asia 3 place · 11/21/2021 19:50 EDT

Mastercard: The future of money revolves around cryptocurrencies, CBDCs.

Adoption rates for emerging payment options like cryptocurrencies have always been better within the Asian region, Mastercard said. Consumers in Thailand and India are more comfortable in using cryptocurrencies as compared to a very developed market like Australia. With nearly every central bank venturing into or testing out CBDC, Mastercard remains bullish on the wider... Read more » Read more

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Tech Wire Asia
Aaron Raj @ Tech Wire Asia 1 place · 11/18/2021 23:50 EDT

APAC data centers plagued by skills shortage

The Asia Pacific (APAC) is home to hundreds of data centers. With a diverse geographical landscape and numerous local regulations, the data centers vary from regional demand to domestic markets. Regional data centers are often located in Hong Kong and Singapore while domestic ones are country-specific such as in Japan, China, and Australia. According to... Read more » Read more

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Tech Wire Asia
Jamilah Lim @ Tech Wire Asia 2 place · 11/18/2021 21:50 EDT

Does buy now pay later prey on the vulnerable?

Buy now pay later (BNPL) is a trend that’s been taking the world by storm in recent times — and the Asia Pacific isn’t exempt. The concept of BNPL is simple — it allows the consumer to defer payments into installments that can be repaid over anywhere from one to 12 months, depending on the... Read more » Read more

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Tech Wire Asia
Rebecca Oi @ Tech Wire Asia 2 place · 11/18/2021 19:50 EDT

Zero-emission vehicles to combat climate change 

Zero-emission is a way to combat climate change, and a new global survey found 84% of the 12,000 people it surveyed believe climate change is real. Eight in 10 think nations must come together to make a more significant impact in the fight against climate change. It also revealed 67% of the climate change believers... Read more » Read more

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10.10.2024 18:28
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