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Homegrown multi-brand cloud kitchen operator Hangry has raised US$10.5 million in its Series A5 funding round, the company said on Wednesday, as it seeks to expand operations and push into foreign markets.
3 days agoThe e-commerce colossus known for its promise of quick deliveries showed off robotic arms and other high-tech warehouse tools in Silicon Valley, saying AI is not only powering innovations but accelerating how quickly they are developed by the second largest employer in the United States. ...
3 days agoThe state asset fund faces significant financial risks and must exercise caution as it considers carbon capture and storage (CCS) projects, as the current carbon price offers a negligible incentive against costs that can be 50 times higher, a leading energy analyst warned. ...
5 days agoChinese tech giant Huawei will on Tuesday launch its first smartphone equipped with a fully homegrown operating system, a key test in the firm's fight to challenge the dominance of Western juggernauts.
11 months agoBoth GoTo and Grab charge the government-recommended flat rate of Rp 15,000 (94 US cents) per meal and integrate digital platforms to facilitate orders daily.
11 months agoOn Wednesday, the US Department of Justice submitted its recommendation for the breakup to US District Court Judge Amit Mehta, who is set to impose steps next year to address Google's monopoly power in online search.
11 months ago"The age of AI has started. A new computing era that will impact every industry and every field of science," the CEO said.
11 months agoThe country’s GMV is projected to grow by 13 percent to US$90 billion by the end of the year after previously expanding by only 6 percent last year.
11 months agoThe US-based Nvidia Corporation has become a powerhouse in AI development by leveraging its advanced graphics processing unit (GPU) technology, initially developed for gaming, as a foundation for data-intensive AI processing.
11 months agoPreviously, then-president Joko “Jokowi” Widodo claimed the autonomous train system would be better than the Jakarta MRT and LRT, noting that the latter two were expensive and hard to develop.
11 months agoIndonesia has set new terms and conditions for Apple to legally sell its latest phone in the country, after weeks of a public standoff between the tech firm and the government over local content requirements.
11 months agoMeta said that over the coming weeks users in the EU would have the choice of seeing "less personalized ads" when they use Facebook and Instagram.
11 months agoHong Kong stocks led declines in Asia on Monday after Beijing's latest stimulus fell short of investor expectations, overshadowing Wall Street's record highs from Friday and futures pointing to further strength at the reopen.
11 months agoThe world's biggest cryptocurrency BTC rose 7 percent to $75,060, topping March's peak, with the prospect of Trump's return to the White House seen ushering in a softer line on cryptocurrency regulation.
11 months agoUS tech companies have warned Vietnam's government that a draft law to tighten rules on data protection and limit data transfers abroad would hamper social media platforms and data center operators from growing their businesses in the country.
11 months agoMalaysia said in July it will require social media platforms and messaging services with more than eight million users to obtain a license, as part of efforts to curb financial scams, cyberbullying and sexual crimes online.
11 months agoThe 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.
11 months agoAfter 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.
11 months agoTaiwan 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.
11 months agoNumerous 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.
1 year agoIn addition to affordable energy, tech industry insiders have praised Indonesia's “very welcoming stance” on foreign direct investment.
1 year agoWithout 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.
1 year agoMicrosoft 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.
1 year agoRoboTechX 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.
1 year agoIndonesian 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.
1 year agoWhiteCoat 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.
1 year agoThe papers reveal TikTok's awareness of its platform's appeal and its recommendation algorithm, which offers a seemingly endless chain of short videos.
1 year agoTesla 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.
1 year agoThe 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.
1 year agoThe 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).
1 year agoDespite its large population and abundant renewable energy resources, Indonesia is trailing Malaysia in attracting foreign direct investment to the industry.
1 year agoThe 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.
1 year agoX, formerly known as Twitter, racked up $5.2 million in fines for failing to comply with a series of court orders.
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