A new regulation is in the works that aims to collect sales tax via e-commerce platforms, coming at a time industry recorded a slowdown in GMV growth from just 3.7 percent in 2023 to 5 percent last year.

Some Bolivians are turning to crypto exchanges like Binance, cryptocurrencies like Bitcoin, and stablecoins like Tether as a hedge against the depreciation of the boliviano.

Speaking to The Jakarta Post on Tuesday, UNESCO's Ethics of AI Unit head Irakli Khodeli revealed that Indonesia is facing a digital talent issue, with a need for 9 million additional tech workers by 2030.

The company plans to allocate approximately 85 percent of the IPO proceeds toward operational expenditures of its subsidiary Crypto Futures Exchange (CFX). The remaining 15 percent will be channeled to its depository subsidiary PT Kustodian Koin Indonesia (ICC) for similar purposes.  

A high-tech cat-and-mouse game is playing out with increasing frequency as record gold prices, now sitting above US$3,300 per ounce, draw more unofficial activity – intensifying sometimes deadly confrontations between corporate concessions and artisanal miners in West Africa

The power plant will have a total capacity of 40 megawatts (MW) and will require around US$220 million of investment, according to a statement posted on Instagram by the directorate general of new, renewable energy and energy conservation.

Predictions of imminent AI-driven mass unemployment are likely overblown, but employers will seek workers with different skills as the technology matures, a top executive at global recruiter ManpowerGroup told AFP at Paris's Vivatech trade fair.

Previously, National Economic Council (DEN) chairman Luhut Pandjaitan said a plan to extend the high-speed railway line to Surabaya was moving forward.

Indonesian investment platform Pluang became the first to expand to the Philippines and to offer access to United States regulated fractional stocks.

Venture capital firms are shifting investments toward tried and tested businesses in Indonesia as the country’s start-up scene faces a prolonged funding winter.  

Merchants on Indonesian e-commerce platform Tokopedia say a mandatory linkup with TikTok Shop, both controlled by ByteDance, creates an operational hassle for them as numerous dashboard features are still under development.

Pressure is on Apple to show it hasn't lost its magic despite broken promises to ramp up iPhones with generative artificial intelligence (GenAI) as rivals race ahead with the technology.

National Economic Council (DEN) head Luhut Pandjaitan said the program would use facial recognition to identify eligible recipients based on government data.

Its first experiment with nuclear energy dates to February 1965, when then-president Sukarno inaugurated a test reactor.

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.

Inside 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.

Japanese 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.

Google 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.

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.

While 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.

Apple on Friday relaxed its App Store payment rules in the face of a scathing court order, with Spotify quick to reap the benefit.

The 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.

Beijing 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.  

Elon 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.

The 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.

True 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.

It 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.

Analysts say a merger is increasingly likely. While institutional backers set to gain, millions of drivers and retail investors will likely lose out.

Tech 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.

The 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