Financial technology start-up Xendit has established a foothold in Malaysia as it seeks to build a presence across Southeast Asia.

The news underscores rising interest in the artificial intelligence company, whose chatbot has dazzled amateurs and industry experts with its ability to spit out haikus, debug code and answer questions while imitating human speech.

Cryptocurrencies have crept into the new year, licking their wounds after the carnage of 2022. The overall global crypto market cap has risen 5 percent to $871 billion since Jan. 1, but it's still down over 57 percent from this time last year. 

While research has shown continued investment growth this year in data center development, a shift in policy mindset away from data localization and toward hyperscale computing was needed to fulfill market potential.

Microsoft Corp is in the works to launch a version of its search engine Bing using the artificial intelligence behind OpenAI-launched chatbot ChatGPT, The Information reported on Tuesday, citing two people with direct knowledge of the plans.

While overall venture capital (VC) financing fell 33 percent globally to about $483 billion in 2022, early-stage funding was robust, with $37.4 billion raised in so-called angel or seed rounds, in line with the record level seen in 2021, according to data from research firm PitchBook.

More than a quarter of 2022’s venture capital (VC) funding went straight into climate-technology start-ups’ pockets, a new study finds, signifying a resilient trend in the archetype despite an overall slowdown in tech investment.

Much of the tech industry had a rough year in 2022 as major companies went through axing sprees. However, smaller-scale start-ups experienced distinctly different fortunes as their fundraising improved.

More than three-quarters of the world's over 4.5 billion internet users live in countries where authorities punish online expression, according to Freedom House, which ranked China as having the worst environment for internet freedom.

A new study predicts that the average cost of data breaches will surpass US$5 million per incident in 2023, with phishing accounting for the majority of the attacks.

A 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.

The 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. 

The 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.

More 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

The 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.

Traditional 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.

China 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.

Tokopedia 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. 

Online 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.

The vast majority of start-ups in Southeast Asia are having a hard time recruiting qualified staff, and retaining them is an increasing problem.

East 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.

PT 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.

Ajaib 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.

Alibaba 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.

Latest 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.

The 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.

Initially, 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).

As the crypto castle crumbles, some true believers say the answer is to double down on DEX. Decentralized exchanges, that is.

Indonesian 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.

The 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.