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Bulk of online shoppers in markets such as China, Singapore, Australia, and the UK are turning to their mobile phones to make their purchases, with 57% shopping internationally, according to PayPay's latest research. → Read More
Chinese cloud vendor teams up with Deloitte China to launch a centre that focuses on developing applications for the automobile sector, which they say will include autonomous driving and smart manufacturing. → Read More
China's trade and commerce associations say the US Chips and Science Act is not in line with global trade principles and imposes unfair competition with "any country of concern". → Read More
Chinese autonomous vehicle maker launches commercial driverless robotaxi services in Wuhan and Chongqing this week, when the government has released its first draft guidelines on the deployment of self-driving vehicles in public transport. → Read More
Google has yet to release exact timelines on when upcoming cloud regions in Malaysia, Thailand, and New Zealand will be operational, but says these sites will support growing demand for data insights, open infrastructures, and online connectivity. → Read More
UK-based fintech player's cryptocurrency service will allow Singapore customers to buy, hold, and sell from a portfolio of more than 80 tokens, even as the country mulls over the need for additional rules in retail cryptocurrency trading. → Read More
Augmented reality-enabled glasses are used to facilitate site inspection and remote monitoring in a pilot deployed at Keppel Offshore & Marine and on M1's 5G network, as part of the Singapore government's grant to drive 5G commercialisation. → Read More
Singapore telco pumps another $100 million into its VC arm Innov8 to expand its investment portfolio across Southeast Asia, China, Australia, Israel, and the US. → Read More
Country passes amendments to Act that will see a new digital intelligence unit--including a digital chief--formally established as part of the armed forces, a step the government says is necessary as "cyber intrusions" intensify and threaten critical systems. → Read More
Average cost of a data security breach has hit another record-high of $4.35 million and 60% of businesses have opted to increase the price of their products and services to buffer the loss incurred, reveals IBM's 2022 research. → Read More
Twitter and Facebook are amongst five technology giants that have agreed to self-regulate and adhere to the Aotearoa New Zealand Code of Practice for Online Safety and Harms, in a move one industry critic describes as an attempt to preempt regulation and nothing more than "window dressing". → Read More
Point Carbon Zero Programme will shortlist 100 fintech applications that address climate finance challenges, which then will be developed and tested on Google's open source cloud platform. → Read More
Chinese ride-sharing operator has been ordered to pay 8 billion yuan ($1.18 billion) over 16 illegal practices, including the collection of 107 million pieces of passengers' biometric data. → Read More
Singapore telco says it has hit more than 95% standalone 5G network coverage, three years ahead of the government's 2025 target, and is looking to drive adoption amongst businesses with uses cases spanning the public, transport, and tourism sectors. → Read More
Already experienced in Know Your Customer processes, financial services institutions can tap opportunities to manage digital identities in the metaverse, but they must be prepared to manage potential risks that come with the adoption of emerging technology. → Read More
Blockchain Association Singapore and Daimler South East Asia have officially launched a data marketplace, called Acentrik, to offer businesses the tools to tap and monetise their data. → Read More
Touted to offer a "penis-checking" tool powered by artificial intelligence, the HeHealth mobile app has processed 1,000 image analyses over an 18 months-long pilot and lets users receive their results anonymously. → Read More
Most business leaders in Singapore believe it is socially responsible to have sustainability goals, but 56% have yet to establish well-defined ones and 49% cite aligning these with their business objectives as the main challenge. → Read More
Number of unicorns in the region climbed more than 25% to 450 in 2021, where Asia-Pacific accounted for $193 billion of total private investments, up 67% from the previous year, according to a new report from KPMG and HSBC. → Read More
Tapping open source does not make in-house applications any less secure, but enterprises will need to navigate the complexities of managing such environments so they can quickly respond to new vulnerabilities. → Read More