Alongside the launch of QRIS in Japan on Independence Day, the central bank plans to start testing the digital payment system for future implementation in China.
1 day agoInside one of South Korea's oldest semiconductor research institutes, the cleanrooms and workshops are calm and immaculate, but outside the Seoul National University campus, a chip storm is brewing. ...
1 week agoJapanese tech investor SoftBank Group, a major player in the US Stargate artificial intelligence drive, on Tuesday posted a $7.8 billion annual net profit, its first in the black for four years. ...
1 week agoGoogle has agreed to pay US$1.375 billion in a settlement in principle reached with the state of Texas over allegations the company violated users' data privacy, Texas Attorney General Ken Paxton said on Friday.
1 week agoOpenAI CEO Sam Altman announced Monday that the company behind ChatGPT will continue to be run as a nonprofit, abandoning a contested plan to convert into a for-profit organization.
2 weeks agoWhile the project is pitched as a tool to streamline digital verification and potentially offer users a new income stream, it has drawn criticism over concerns about biometric data collection.
2 weeks agoApple on Friday relaxed its App Store payment rules in the face of a scathing court order, with Spotify quick to reap the benefit.
2 weeks agoThe head of Spain's electricity operator REE downplayed Wednesday a recent report by the firm which warned of "severe" risks of power cuts linked to the "high" use of renewable energy in the country.
3 weeks agoBeijing further tightens its grip on the Indonesian EV market with its LFP tech domination, causing a decline in the market for nickel-based technology which contributed to LG’s decision to exit.
3 weeks agoElon Musk's xAI Holdings is in talks with investors to raise roughly US$20 billion in funding for his newly combined artificial intelligence start-up and social media business, Bloomberg News reported on Friday, citing people familiar with the matter.
3 weeks agoThe firm produces more than a third of all electric vehicle (EV) batteries sold worldwide, working with major brands including Tesla, Mercedes-Benz, BMW and Volkswagen.
1 month agoTrue to form, Indonesia has taken a trade diplomacy approach in response to a report by the US Trade Representative criticizing QRIS as a foreign trade barrier, highlighting Jakarta's readiness to cooperate with Washington on the matter.
1 month agoIt is one of two federal suits targeting Google that could ultimately see the company split up and curb its influence—and part of a wider government push to rein in Big Tech.
1 month agoAnalysts say a merger is increasingly likely. While institutional backers set to gain, millions of drivers and retail investors will likely lose out.
1 month agoTech sovereignty has been front and center for weeks: the European Union unveiled its strategy to compete in the global artificial intelligence race and is talking about its own payment system to rival Mastercard.
1 month agoThe Indonesian Transport Workers Union (SPAI) said on Wednesday that it opposed the plan, stressing that it preferred that ride-hailing drivers be classified as employees
1 month agoCompliance with the regulation has often been cited as a barrier for businesses, as it forces companies to pour significant capital into local production infrastructure or partner with domestic suppliers to source their inputs locally, which can be more costly.
1 month agoTrump set the April 5 deadline in January for TikTok to find a non-Chinese buyer or face a U.S. ban on national security grounds due to have taken effect that month under a 2024 law.
1 month agoThe government is looking to develop genetically modified organisms (GMO) to boost domestic soybean production and reduce imports in a move experts say is “unnecessary” as it is expected to fail to address key hurdles in national soybean production.
1 month agoA road map for the production and use of hydrogen is expected to be published next month as the government is in the process of implementing its National Hydrogen Strategy.
2 months agoThe company said the battery and charging system, called "Super e-Platform", boasted peak speeds of 1,000 kW, allowing cars to travel up to 470 kilometres (292 miles) after being plugged in for just five minutes.
2 months agoChinese internet search giant Baidu released a new artificial intelligence reasoning model Sunday and made its AI chatbot services free as ferocious competition grips the sector.
2 months agoThe issuance of the permits follows last month's announcement of more than US$300 million investments by Apple in Indonesia, including in plants making components for its products, and a research and development center.
2 months agoIndonesia, home to the world's largest nickel reserves, has been seeking to position itself as a regional EV hub and a key player in the global EV supply chain.
2 months agoThe influencer business has been tarnished by a recent case that has gone viral in which an actress and her assistant reportedly extorted a skincare business owner to the tune of Rp 4 billion.
2 months agoThailand International Auto Parts and Accessories Show 2025 (TAPA 2025), a premier trade show presenting new products and innovations in the auto parts and accessories industry is set to take place from April 3-5, 2025 in Bangkok. For more than two decades, the event has brought together leaders in the auto parts, accessories and related services industries from Thailand and around the world, thus becoming known as the world auto parts sourcing hub.
2 months agoPreviously, the government mulled introducing a rule that would require ride-hailing companies to provide holiday allowances for their partners similar to those of formal workers, but in early March it toned down the plan into a simple bonus.
2 months agoThe artificial intelligence-ready data center project, dubbed SMX01, is set to operate in Jakarta’s central business district (CBD) with an initial 18-megawatt (MW) load capacity that can be increased up to 60 MW.
2 months agoThe Southeast Asian nation is home to a large semiconductor industry, including top US multinationals such as Intel and GlobalFoundries, and is one of the top exporters of chips to the United States.
2 months agoThe social media platform owned by China's ByteDance is the latest in a string of big tech names to announce major spending projects in the kingdom, after Amazon, Google and Microsoft.
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