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.

China is "dissatisfied" with the Dutch government’s decision to expand export controls on ASML chipmaking equipment, the Chinese commerce ministry said in a statement on Sunday.

Durov, who was last week placed under formal investigation in France in connection with the use of Telegram for crimes including fraud, money laundering and sharing images of child sex abuse, announced the move in a message to his 12.2 million subscribers on the platform.

The company explained that Vietnam is a highly fragmented market, with multiple players in transport and food delivery.

The social media giant, previously known as Twitter, suspended last month its processing of personal data contained in the public posts of users in the European Union and European Economic Area to train its Grok AI chatbot in the past three months.

The US technology giant, working to boost revenue globally from services including apps, payments and media, is set to offer free music and video streaming to many of Bharti Airtel's 281 million customers.

Some Indonesian start-ups have lost their decacorn and unicorn status due to great drops in their valuation.

On Friday, the Press Council established a new committee to oversee the implementation of the publisher rights regulation, which paves the way for media firms to negotiate partnerships with tech platforms like Google and Meta.

Protesting drivers wanted the firms to raise the share they get for every trip from 80 percent now, and for the government to give special status for their terms of employment so they had more bargaining power over fees.

Meta Platforms faces a fine of up to US$3.62 million after losing a lawsuit by Brazilian department store chain Havan that accused the social media company of accepting paid advertisements that fraudulently use the retailer's name to deceive consumers.

The local OTA market may not be so welcoming to newer players, as it tends to follow a winner-takes-all pattern.

Hundreds of motorbike driver partners for ride-hailing and delivery apps are slated to hold a peaceful demonstration in Jakarta on Thursday to demand better work conditions and a firm legal standing.

Meta Platforms CEO Mark Zuckerberg said senior officials in the Biden administration had pressured his social media company to censor COVID-19 content during the pandemic, adding that he would push back if this were to happen again.

Pavel Durov, the Russian-French billionaire founder and CEO of the Telegram messaging app, was arrested at Bourget airport outside Paris on Saturday evening, TF1 TV and BFM TV said, citing unidentified sources.

One of the newest players, Superbank, announced that it had reached its 1 million user milestone on Aug 12, less than two months since its mobile app officially launched.