The ministry is no longer in charge of tourism and now has a deputy head with a gaming investment background, which has developers hoping for more government attention to address longstanding issues of their industry.

After being chosen by a joint venture of South Korea's Hyundai and LG for the $1.1 billion factory, Indonesia is now looking to boost investment to give it an edge in the race to become a regional EV hub.

Taiwan Semiconductor Manufacturing Company suspended shipments to China-based chip designer Sophgo after a chip it made was found on a Huawei AI processor, according to two people familiar with the matter.

Numerous businesses listed in recent years were not ready and therefore struggled to meet investor expectations after going public, according to Raghav Kapoor, CEO of investment research network Smartkarma.

In addition to affordable energy, tech industry insiders have praised Indonesia's “very welcoming stance” on foreign direct investment.

Without a robust communication infrastructure, experts warn, Southeast Asia’s biggest economy will fall behind regional peers in industries that demand high-speed, low-latency connectivity.

Microsoft has moved fast in pushing generative AI technology to everyday users, largely using the models from its $13 billion partnership with OpenAI, the maker of ChatGPT.

RoboTechX Lab founder Judhi Prasetyo says that research and development is where Indonesia's once-thriving tech industry is falling flat, warning that not doing so risks the country losing its competitive edge and failing its up-and-coming talent.

Indonesian start-up founders aiming to secure follow-up funding from American or European venture capital firms must establish a significant presence in these regions, according to Sean O’Sullivan, managing general partner at United States-based venture capital firm SOSV.

WhiteCoat has set its target on entering at least two more markets in Asia, while also planning to explore funding opportunities to fuel its next phase of growth.

The papers reveal TikTok's awareness of its platform's appeal and its recommendation algorithm, which offers a seemingly endless chain of short videos.

Tesla CEO Elon Musk showcased a two-door robotaxi with gull-wing doors and no steering wheel or pedals at a much-hyped event on Thursday, sticking to long-held promises of autonomous cars driving long-term growth at the electric vehicle maker.

The employees, most of whom were involved in the firm's content moderation operations, were informed of their dismissal by email late Wednesday, the sources said, requesting anonymity as they were not authorized to speak to media. 

The operation of Chinese e-commerce Temu has been blocked in Indonesia after industry groups urged the government to take the app down over concerns that it threatened local micro, small and medium enterprises (MSMEs).

Despite its large population and abundant renewable energy resources, Indonesia is trailing Malaysia in attracting foreign direct investment to the industry.

The Cooperatives and Small and Medium Enterprises (SMEs) Ministry has announced an interministerial meeting over the recent entry of Chinese e-commerce platform Temu into Indonesia.

X, formerly known as Twitter, racked up $5.2 million in fines for failing to comply with a series of court orders.

OpenAI, the company behind ChatGPT, has raised US$6.6 billion from investors, which could value the company at $157 billion and cement its position as one of the most valuable private companies in the world.

"Fortnite" video game maker Epic Games on Monday accused Alphabet's Google and Samsung, the world's largest Android phone manufacturer, of conspiring to protect Google's Play store from competition.

A Brazilian judge locked in a legal row with X owner Elon Musk on Friday said he would reinstate the social network in Brazil if a fine of around US$1.8 million was paid.

Months of talks on the offer of Starlink's satellite internet connection and other communications services were put on hold at the end of 2023, sources familiar with the matter had told Reuters earlier this year, although they resumed later.

Brazilian law requires foreign companies to have a legal representative to operate in the country, who would assume the legal responsibilities for the firm locally.

The move comes after the French competition watchdog fined Google 220 million euros in June 2021 for favouring its own services in the online advertising sector.

The Finance Ministry’s Taxation Directorate General has denied reports of a data breach involving sensitive taxpayer information following an internal investigation.

The development of artificial intelligence should not be guided by market forces alone, UN experts cautioned on Thursday, calling for the creation of tools for global cooperation.

The trackless tram system resembles one being built by the same company in Nusantara, the future capital city under construction in East Kalimantan.

Under the YouTube Shopping tie-up, people will be able to purchase goods viewed on YouTube through links to Shopee, which is owned by Southeast Asian technology conglomerate Sea Ltd.

The Luxembourg-based General Court mostly agreed with the European Union competition enforcer's assessments of the case, but annulled the fine.

The OJK's latest initiative to deter people from taking out loans they cannot afford might not be as effective as intended, according to several frequent borrowers who spoke to the Post.

At next week's IAEA meeting, the government plans to announce its commitment to establish an implementing body for its nuclear power program as part of the two remaining requirements Indonesia must fulfill before it can develop nuclear infrastructure.