Homegrown multi-brand cloud kitchen operator Hangry has raised US$10.5 million in its Series A5 funding round, the company said on Wednesday, as it seeks to expand operations and push into foreign markets.

The e-commerce colossus known for its promise of quick deliveries showed off robotic arms and other high-tech warehouse tools in Silicon Valley, saying AI is not only powering innovations but accelerating how quickly they are developed by the second largest employer in the United States.

The state asset fund faces significant financial risks and must exercise caution as it considers carbon capture and storage (CCS) projects, as the current carbon price offers a negligible incentive against costs that can be 50 times higher, a leading energy analyst warned.

The Dutch government has invoked a Cold war-era law to effectively seize control of Nexperia, a Chinese-owned chipmaker based in the Netherlands.

DEFA serves as ASEAN's free trade agreement (FTA) focusing on enhancing digital economic cooperation and integration among member states by harmonizing rules for digital trade, services and innovation.  

Indonesia must urgently pivot from being a mere supplier of raw materials to investing in research and development (R&D) to secure its position in the global electric vehicle (EV) battery value chain, experts warn.

For many aspiring homeowners, a rent-to-own scheme is being hailed as a lifeline to homeownership, but they stressed that the scheme will only succeed if the monthly payments remain truly affordable.

The government has suspended TikTok's registration to provide electronic systems after the company failed to hand over all data relating to the use of its live stream feature, a government official said on Friday.

BI noted that harmonizing policies remained the main challenge in implementing cross-border QR payment initiatives abroad, noting that many countries, including China, had no unified standards.  

Indonesia has also faced major disruptions, such as the 2021 fire at Jakarta’s Cyber 1 building, which temporarily shut down e-commerce platforms and payment gateways.

Authorities tracked Adrian Gunadi to Doha, where he had been living as a permanent resident, after he fled Indonesia during the investigation.

The US tech giant said the move comes "in response to recent UK regulatory guidance," noting that the subscription model gives users a choice over whether to allow personalized ads.

Apple asked the European Union to scrap its landmark digital competition law on Thursday, arguing that it poses security risks and creates a "worse experience" for consumers.

Rivals of both companies may be concerned the partnership will undermine competition.

Beijing requires social media companies to moderate content on their platforms, with posts strictly controlled to avoid anything deemed to be too subversive, vulgar, pornographic or generally harmful.

In May, the Communications and Digital Ministry partnered with Oracle to build Southeast Asia’s largest graphics processing unit (GPU) cluster, with the goal of positioning the country as a hub for AI development in the region.  

Several online platforms, including Chinese retailers AliExpress and Temu and social media giants Facebook, Instagram, X and TikTok, are being probed under the European Union's landmark Digital Services Act (DSA).

US President Donald Trump said he and Chinese President Xi Jinping made progress on a TikTok agreement and would meet face-to-face in six weeks in South Korea to discuss trade, illicit drugs and the Russia-Ukraine war.

Ojol drivers have been demanding that the government cap commission fees at 10 percent, including during their latest protest on Wednesday under the banner “179.”

Trains in resource-poor Japan are increasingly being powered by renewable energy sources, as their operators seek to do their part in the country's drive to achieve carbon neutrality by 2050 to combat global warming.

South Jakarta prosecutors detained three more executives of SOE-backed venture firms in a graft probe over Tanihub investments, spotlighting governance risks in the country's start-up sector.

The landmark ruling came after Judge Amit Mehta found in August 2024 that Google illegally maintained monopolies in online search through exclusive distribution agreements worth billions of dollars annually.

A lack of research and development spending complicates a government push to develop the economic potential of Indonesia’s rare earth elements, a member of the National Energy Council (DEN) has said.

QRIS transaction volume had risen by 163 percent year-on-year (yoy) in July, while BI-FAST handled 414.6 million transactions, up 38 percent yoy, with a total value of Rp 1 quadrillion.

Bank Indonesia is set to pilot its Quick Response Indonesia Standard (QRIS) system in China next month, following its recent Japan launch that marked the payment system’s first expansion beyond ASEAN.

Massive transformation and digitalization of banking services requires the strengthening of information security and consumer protection to withstand the high potential of cyberattacks.

One of the key arguments for stablecoin adoption is its potential to reduce remittance costs for Indonesian migrant workers abroad.