OpenAI 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 days 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. ...
3 days agoApple on Friday relaxed its App Store payment rules in the face of a scathing court order, with Spotify quick to reap the benefit. ...
5 days agoA proposal to bar federal employees from using Chinese app TikTok on government devices appeared set to become law, threatening to deal a blow to the company's reputation and scare off advertisers even if it will not affect many users, experts said.
2 years agoThe tech industry saw a handful of ups and downs that stretched to the extremes throughout 2022; from record-breaking initial public offerings (IPOs) to jaw-dropping shares nosedives and layoffs.
2 years agoThe measures include a freeze on most hiring, salary freezes for senior managers and cuts in travel and expense budgets, co-founder and CEO Anthony Tan said in the memo which was issued on Wednesday and viewed by Reuters.
2 years agoMore companies were expected to be increasingly reliant on cutting-edge technology to improve business efficiency amid global economic uncertainty, a top business executive has said
2 years agoThe Biden administration plans to place Chinese chip maker Yangtze Memory Technologies (YMTC) and 35 other Chinese firms on a trade blacklist that would prevent them from buying certain American components, Bloomberg News reported on Tuesday.
2 years agoTraditional TV broadcaster still has a slight competitive edge over booming streaming platforms despite the latter’s seemingly unstoppable upheaval, Indonesian private television station players predict, based on a new study from Nielsen.
2 years agoChina has filed a dispute with the World Trade Organization over US restrictions on chip exports, Beijing's commerce ministry said in a statement late Monday, accusing Washington of threatening global supply chains.
2 years agoTokopedia claims top position as the safest, most trusted and most satisfying platform, as Indonesians no longer see promotions and prices as the main factors determining their satisfaction in e-commerce transactions, a new study from Kadence International shows.
2 years agoOnline platforms have fundamentally changed the way food outlets operate, offering merchants wide market access on the one hand but also increasing competition on the other, while taking a sizeable chunk out of merchant's revenues in platform fees.
2 years agoThe vast majority of start-ups in Southeast Asia are having a hard time recruiting qualified staff, and retaining them is an increasing problem.
2 years agoEast Ventures led another Series A funding round to the amount of US$13 million for TipTip, an Indonesia-based platform allowing content creators to monetize their works.
2 years agoPT Bank Tabungan Negara (Persero) Tbk (BTN) has collaborated with IBM Consulting to modernize its banking system through the IBM Cloud Governance methodology to ensure security and compliance in the use of cloud computing in the banking industry.
2 years agoAjaib has become the latest fintech firm to be swept by the wave of layoffs in the local industry, announcing it is reducing its workforce by 67 employees.
2 years agoAlibaba founder Jack Ma has been living in Tokyo for almost six months after disappearing from public view following China's crackdown on the tech sector, the Financial Times reported Wednesday, citing multiple unnamed sources.
2 years agoLatest study found that the majority of Indonesians use electronic wallet (e-wallet) more often than cash and it also showed that GoPay is currently leading the sector, followed by OVO, Dana and ShopeePay.
2 years agoThe Indonesian branch of financial technology firm VENTENY has announced plans for an initial public offering (IPO) next month in a move its founder says is central to the company’s growth strategy.
2 years agoInitially, Yoon was scheduled to meet with Musk face-to-face at the B-20 summit in Bali. However, the meeting was canceled as Musk was unable to make the trip to Bali. Instead, they decided to meet virtually at 10 a.m. (local time).
2 years agoAs the crypto castle crumbles, some true believers say the answer is to double down on DEX. Decentralized exchanges, that is.
2 years agoIndonesian tech firms are proposing new ways to make farming more efficient at a time when food security is causing headaches around the world, but the start-ups have some convincing to do to get farmers on board.
2 years agoThe layoff wave that has been sweeping through the Indonesian-tech landscape within the past two months is nothing surprising, experts say, as the situation is bound to happen across the globe, insinuating a similar trend recently happened among tech giants in Silicon Valley.
2 years agoHundreds of Twitter employees are estimated to be leaving the beleaguered social media company following an ultimatum from new owner Elon Musk that staffers sign up for "long hours at high intensity," or leave.
2 years agoGojek and Grab have dominated Indonesia’s ride-hailing sector for years, but two new players with Russian roots – inDrive and Maxim – have arrived to contest the giants’ supremacy.
2 years agoThe saga, centred on FTX's lack of liquidity, is reverberating across the global cryptocurrency landscape, as market players also mull the response of financial regulators.
2 years agoAn alleged corruption in 4G base transceiver station (BTS) provision for the frontier, outermost and remote regions (3T) will cause great damage to the Indonesian people, experts say, as the case will most likely halt the government’s priority program to fast-track high-speed network deployment throughout the archipelago.
2 years agoA report published by Google, Temasek and Bain & Company forecasts that Indonesia’s digital economy GMV will reach $77 billion this year and grow at 19 percent annually over the coming years.
2 years agoThe global defense business has moved beyond procurements and delivery of goods to embrace long-term partnerships, particularly in technology development and transfers.
2 years agoCurrent production of Satria-1 megaproject has entered a critical phase; it is hoped that cooperation with Thales Group could run smoothly so that the launch of the multifunction satellite could be carried out on schedule in July 2023.
2 years agoThe company, known as Ceer, "will contribute to Saudi Arabia's efforts towards carbon emissions reduction and driving sustainability to address the impact of climate change," the official Saudi Press Agency said.
2 years agoA semiconductor industry is an expensive investment due to its advanced and rapidly evolving technology that requires regular upgrading.
2 years agoUnited States sanctions on the Chinese semiconductor industry affect not only those two countries, but also the global supply chain, as revealed by Singaporean industry insiders.
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