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Huawei commits $100M to fuel APAC startups
Chinese tech giant will pump $100 million over three years into its Spark initiative, which aims to develop another four startup hubs in the region including Indonesia, Vietnam, and the Philippines, and nurture 1,000 startups.
Fave offers buy now, pay later option in Singapore, Malaysia
Mobile payment and e-commerce app launches the "interest-free credit" service at more than 40,000 stores as a pilot, with immediate access for Apple iOS customers and a July 2021 availability for Google Android users.
Grab looks to drive electric vehicle adoption with Hyundai Motor
Ride-sharing operator will explore pilots such as leasing electric vehicles on a "battery-as-a-service" model and jointly develop initiatives with Hyundai to push adoption across Southeast Asia, starting with Singapore later this year.
Singapore e-commerce aggregator eyes interoperability across APAC marketplaces
Apart from acquiring Amazon third-party sellers, Singapore-based Rainforest will look to buy fast-growing brands that sell on Asian e-commerce platforms and build tools to help them centrally manage their transactions across these different marketplaces.
Alibaba Cloud parks $1B in skills development, to build first Philippine data centre
Chinese tech vendor is setting aside $1 billion over three years to nurture digital skills in Southeast Asia, including 100,000 developers and 100,000 startups, and plans to open its first data centre in the Philippines as well as an innovation centre in Malaysia.
Tencent Cloud adds three Asian data centres, one in Frankfurt
Chinese tech giant adds new data centres in Bangkok, Hong Kong, Tokyo, and Frankfurt, pushing its global cloud coverage to 27 regions and 66 availability zones.
Singapore startups need to identify real business issues
Most early-stage founders still are unable to establish or articulate real-world business problems their startups want to solve, which can hinder their ability to attract investors, says StartupX CEO.
Microsoft wants to unite APAC governments with cybersecurity council
US software vendor pulls together 15 policy makers from seven Asia-Pacific markets, including Indonesia, Singapore, and South Korea, to form a cybersecurity executive council that it hopes will exchange threat intelligence and resources in a "timely and open manner".
Gojek, Tokopedia confirm merger with new joint entity
Indonesia's two online tech giants have officially merged to form a new entity GoTo, which represents an "equal union" between both companies and an ecosystem that accounts for 2% of the country's GDP.
US pipeline ransomware attack serves as fair warning to persistent corporate inertia over security
That companies continue to disregard the need for basic cybersecurity hygiene signals the need for firmer action, especially as cybercriminals turn their focus to operational technology sectors and cyber threats can result in real-world physical risks.
Singapore-Thailand pact lets users send money cross-border via mobile number
Cross-border digital payment deal will allow users in both countries to transfer funds of up to SG$1,000 ($753.4) or THB25,000 ($793.96) using the recipient's mobile number.
Singapore puts intellectual property focus on innovation, intangible assets
Country's new 10-year IP roadmap puts emphasis on the role of innovation in driving its digital economy, with anticipated legal changes involving the use of big data and artificial intelligence technologies.
Security crucial as 5G connects more industries, devices
With more industries and machines connected as 5G networks roll out, securing these links will be a top challenge even as it becomes more complex to manage such ecosystems, says Nokia's Asia-Pacific head.
Grab set for US IPO in $39B merger deal
Southeast Asian mobile platform has inked a merger deal with Altimeter Growth in what is touted to be the biggest US equity offering, at $39.6 billion, and is preparing a public listing on Nasdaq in "coming months".
Pine Labs acquisition to put Fave in India market
Backed by investors that include Sequoia Capital and Temasek Holdings, Pine Labs has acquired the mobile payment app for $45 million, which will put the latter in the hands of consumers across 3,700 Indian cities by year-end.
The tech of Computex 2015
Computex never fails to surprise its attendees with what can be done with technology, some items though, should never have left the drawing board.
Hack In The Box 2012 Malaysia: Like No Other
Controversial Global hacking conference Hack In The Box just celebrated its ten-year mark in Kuala Lumpur, Malaysia. The event attracted hackers from all over the world and company participants that included Google, Mozilla, Microsoft, Amazon, sponsor 'friends' such as Megaupload, and many more.
A visit to Low Yat Plaza, Kuala Lumpur's shady electronics mall
Low Yat Plaza is a seven-story, 500+ retailer electronics mall in Kuala Lumpur, Malaysia. It is regarded as "IT heaven" and a place for outstanding bargains where haggling is the norm. Low Yat is also a buyer-beware marketplace. It's not out of the ordinary to walk out with defective goods and in 2006 the Ministry of Domestic Trade and Consumer Affairs raided Low Yat Plaza, confiscating more than 27,000 copies of pirated computer software and movies. While in town for the Hack in The Box Security Conference, we paid a visit to this amazing electronics bazaar.
Hack In The Box SecConf Kuala Lumpur 2012: Setup
Notorious security conference Hack In The Box is about to celebrate its ten year mark in Kuala Lumpur, Malaysia. Doors open to conference participants tomorrow, and we caught a few moments of setup in its calm before the storm.
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FoodPanda hot on untapped food delivery potential, cold on need to be 'super app'
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Fave offers buy now, pay later option in Singapore, Malaysia
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Hacker leaks 15 million records from Tokopedia, Indonesia's largest online store
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Details of 44m Pakistani mobile users leaked online, part of bigger 115m cache