57% of office workers have accidentally deleted vital data from cloud apps such as Office 365 92% incorrectly assume that their cloud provider would be able to restore deleted files for them Accidental data deletion has also caused strong emotional distress among employees As remote and hybrid working appears to continue through 2022, one of... Read more » Read more ›
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Xiaomi, world-renowned for making cheap and affordable smartphones, is now pushing its business gears to the limit as it executes plans for its EV car production — against the backdrop of a global chip shortage crisis, no less. Tech Wire Asia reported in April this year that the company had placed a US$10 billion stake... Read more » Read more ›
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NFTs, or, non-fungible tokens, have seen a rapid rise and fall in the news in recent years, with plenty still unsure about what it really is. Case in point: Sotheby’s recently intended to auction off the source code files of the inventor of the World Wide Web, Tim Berners Lee, much to the delight, but... Read more » Read more ›
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In a series-B round, Slice raised US$220 million, pumping its valuation to over US$1 billion, making it the 41st unicorn in India. Slice is issuing 200,000 cards each month, making the startup the third-largest card issuer in India after two banks. The company sees a 40% month-on-month growth and has a total registered user base... Read more » Read more ›
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iKala’s CEO & Co-Founder, Sega Cheng reckons trends like social commerce and live-selling will continue to intensify in SEA. We are living through times where the opportunity for social media as a sales channel cannot be ignored. It is the sheer amount of time spent by people, especially younger generations, on social media apps that... Read more » Read more ›
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Tencent Holdings’ fintech arm, Tenpay, was slapped with a hefty 2.8 million yuan (US$434,792) fine last week, according to a statement published by the State Administration of Foreign Exchange (SAFE) branch in Shenzhen. According to SAFE, Tenpay had failed to submit relevant materials and handle foreign exchange sales services in accordance with regulations. The company... Read more » Read more ›
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NFTs, or, non-fungible tokens, have seen a rapid rise and fall in the news in recent years, with plenty still unsure about what it really is. Case in point: Sotheby’s recently intended to auction off the source code files of the inventor of the World Wide Web, Tim Berners Lee, much to the delight, but... Read more » Read more ›
0
Leadership, structure and culture are the three critical imperatives to redesigning the workplace to a hybrid model, according to a Dell Technologies report focusing on organisations in Asia- Pacific and Japan (APJ). In the “Leading the Next Hybrid Workforce” paper, four experts from Australia, Japan, Malaysia and Singapore shared their insights for the future of... Read more » Read more ›
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ASEAN businesses are still challenged by cybersecurity problems, especially with the data protection landscape in the region fast changing. With recent media reports of cyber attacks targeting regional entities, it is clear that cyber security threats are on the rise. Cyber attacks are not just for Fortune 500 companies anymore. As a result of the... Read more » Read more ›
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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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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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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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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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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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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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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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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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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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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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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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18.04.2026 00:34
Last update: 00:11 EDT.
News rating updated: 07:21.
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