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Tech

Spain grid operator report warned of blackout risk from renewables

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.

2 days ago
Tech premium

LG departure marks rude awakening for Indonesia’s nickel downstream dream

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.   ...

4 days ago
Tech

Elon Musk's xAI Holdings reportedly in talks to raise $20b from investors

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. ...

5 days ago

The Latest

Tech

New York Times sues OpenAI, Microsoft in copyright clash

Through their AI chatbots, the companies "seek to free-ride on The Times' massive investment in its journalism by using it to build substitutive products without permission or payment," the lawsuit said.

1 year ago
Tech premium

Indonesia's AI guideline toothless and ineffective, analysts say

Experts urged the government to focus on critical infrastructure legislation like the cybersecurity bill to prepare for binding AI rules.

1 year ago
Tech

China to conduct sea trials for its first ultra-deepwater drilling ship

China will on Friday conduct sea trials for its first ocean research drilling vessel, capable of drilling at depths of more than 10,000 meters, a key step toward beefing up the country's deep-sea oil and gas exploration capabilities.

1 year ago
Tech

SATRIA-1 satellite clears network test, ready for use in 2024

BAKTI Kominfo announced on Friday that SATRIA-1 had successfully undergone a network trial, signaling nationwide connectivity readiness.

1 year ago
Tech

EU strikes deal on landmark AI law

EU member states and lawmakers clinched a deal on Friday on how to draft "historic" rules regulating artificial intelligence models such as ChatGPT -- after 36 hours of negotiations.

1 year ago
Tech premium

BTN forms Rp 400b fund to invest in property tech start-ups

Mandiri Capital Indonesia, a subsidiary of Bank Mandiri, will become the investment manager of the BTN Fund, with BTN as the sole investor.

1 year ago
Tech premium

Businesses vigilant as revised digital tech law opens door for govt interference

The Communications and Information (ICT) Ministry said that the objective of the article is to maintain a level playing field in the country's digital realm.

1 year ago
Tech

China-made C919 passenger jet to make first flight outside mainland

The C919 made its maiden commercial flight in May and is key to Beijing's decades-long ambitions to compete with Western rivals in the air and cut down China's reliance on foreign technology.

1 year ago
Tech premium

ByteDance, GoTo to team up to save Indonesian TikTok Shop: report

Chinese super app TikTok has agreed to invest in a unit of tech giant GoTo and cooperate on an online shopping platform to save the Indonesian TikTok Shop.

1 year ago
Tech premium

Construction start-up Gravel secures $14m for global expansion

Gravel cofounder and chairman Nicholas Sutardja says the fresh funds will be used to access new markets.

1 year ago
Tech

Spotify to reduce staff by 17% in second layoff this year

In the latest third quarter, the company swung to a profit aided by price hikes in its streaming services and growth in subscribers in all regions, and forecast that its number of monthly listeners would reach 601 million in the holiday quarter.

1 year ago
Tech

Government, Google reach deal to support Canadian media

That threat was made in response to Ottawa's Online News Act, which was due to come into force on December 19. Meta has also pushed back against the looming regulations.

1 year ago
Tech

Bitcoin soars past $40,000 on optimism for US trading approval

The digital asset has skyrocketed this year, gaining nearly 150 percent, with expectations growing that US regulators will allow the creation of exchange-traded funds (ETFs).

1 year ago
Tech premium

Indonesia pursues local, softer approach to AI regulation

The government has no intention of mirroring other nations' rules on how to put artificial intelligence in its place.

1 year ago
Tech premium

Singaporean researchers to help create Indonesian language-based AI

Researchers feel AI systems trained on predominantly English language and Western culture fail to grasp unique cultural nuances and linguistic demands of Indonesia.

1 year ago
Tech

Europe agrees on rules to protect smart devices from cyber threats

It sets out cybersecurity requirements for the design, development, production and the sale of hardware and software products.

1 year ago
Tech

AI Journey 2023: A vision of the future

The eighth AI Journey international conference, held in Moscow from Nov. 22 to 24, was a major platform for the discussion of artificial intelligence (AI) in its current state.

1 year ago
Election Updates premium

Presidential candidates to regulate AI, eye more rules for digital economy

Indonesia’s 2024 presidential candidates have presented their visions of how they will manage the country’s quickly growing digital economy if they are elected.

1 year ago
Tech premium

Shrimp farming start-up Jala nets $13.1m in series A round

Jala has raised US$13.1 million in a series A round as the company sets its sights on expansion into remote areas of the country.

1 year ago
Tech premium

A Whoosh and a sigh: A speedy ride with some transit hassle

Passengers appear content with the high-speed part of the journey, but less so with the connection in Bandung regency.

1 year ago
Tech premium

Telkomsel's rebranded VC arm plans flurry of investment

Telkomsel Mitra Inovasi (TMI), the venture capital arm of state-owned telecommunications operator Telkomsel, has rebranded itself as Telkomsel Ventures and launched a second fund to invest in digital economy firms.

1 year ago
Tech premium

Internet providers say cutthroat competition causes slow speeds

Many internet business players have called for government intervention to deal with the excessive number of internet service providers (ISPs) saturating the market, which they blamed for fueling cutthroat competition and dragging down efforts to improve the country’s internet quality.

1 year ago
Tech

Crypto investors cheer talk of Binance criminal probe resolution

Binance founder and CEO Zhao Changpeng will admit violating US laws as part of a deal to resolve a US probe into illicit finance breaches, according to a source familiar with matter.

1 year ago
Tech

AI doomsayers blamed in OpenAI's undoing

Gary Marcus, a respected AI expert, said OpenAI's civil war "highlights the fact that we can't really trust the companies to self-regulate AI where even their own internal governance can be deeply conflicted." 

1 year ago
Tech

Singapore and Indonesia launch cross-border QR-code payments

Customers of a dozen banks in Singapore and Indonesia will now be able to make payments to merchants in both countries by scanning QR codes, Bank Indonesia and the Monetary Authority of Singapore (MAS) said in a joint statement.

1 year ago
Tech premium

RI healthtech industry faces fresh challenges despite past growths

Venture capital firms expressed cautious optimism about the country’s healthcare technology industry, urging start-up firms to adopt more realistic strategies in order to survive and to secure more capital in today’s landscape.

1 year ago
Tech

China's biggest lender ICBC hit by ransomware attack

China's foreign ministry said on Friday the lender is striving to minimize risk impact and losses after the attack.

1 year ago
Tech premium

RI digital economy to grow on slower trajectory amid profitability push

Indonesia is expected to see a deceleration in its digital economy growth in the coming years, in line with other emerging countries in the ASEAN region, as tech companies in the bloc face pressure to shift to profitability after years of focusing on growth.

1 year ago
Tech premium

Southeast Asian VCs brace for Chinese disruption to regional markets

Two Singapore-based VC executives said Southeast Asian firms still had an advantage because of their cultural and business insights into local markets, despite tighter competition due to the growing presence of Chinese investors in the region.

1 year ago
Tech

Vietnam eyes first semiconductor plant

The Southeast Asian electronics manufacturing hub already hosts US giant Intel's largest semiconductor packaging and testing plant worldwide and is home to several chip designing software firms. It is working on a strategy to attract more semiconductor investment, including from foundries, which focus on manufacturing chips. 

1 year ago

Today's ePost

Sat, May 3, 2025

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