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  

Compliance 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.

Trump 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.

The 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.

A 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.

The 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.

Chinese 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.

The 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.

Indonesia, 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.