Carsome Group Secures RM900 Million in Funding, Paving the Way for a Revolutionary Car Ownership Ecosystem
With an impressive track record of selling over 150,000 cars annually and catering to more than 15 million unique customers each month, Carsome is poised for an exciting phase of growth. KUALA LUMPUR, 19 June 2023 – Carsome Group Inc, the largest integrated car e-commerce platform in Southeast Asia, has significantly bolstered its liquidity position, reaching approximately RM900 million (US$200 million) at the conclusion of its...
Microsoft Unveils Cyberattacks as Cause of Recent Service Outages, Assures No Customer Data Compromise
Microsoft has revealed that the service disruptions encountered earlier this month were a result of cyberattacks, although no evidence of customer data compromise has been found. The attacks, identified as distributed denial-of-service (DDoS) incidents, involved an increase in traffic against specific Microsoft services, causing temporary availability issues. While Microsoft is actively investigating the matter, the company has yet to...
Southeast Asian Countries Forge Ahead with Guidelines on AI Governance and Ethics
Southeast Asian countries are working on developing governance and ethics guidelines for artificial intelligence (AI) to regulate its use and mitigate potential risks. The Association of Southeast Asian Nations (ASEAN) is aiming to create an “AI guide” that will strike a balance between the economic benefits and risks associated with AI. The drafting process is underway, with completion expected by the end of the year and...
Huawei Mobile Services and Alipay+ Forge Strategic Partnership for Enhanced Payment Marketing and Seamless User Experiences
Huawei Mobile Services and Alipay+ have entered into a strategic partnership to enhance their payment marketing efforts and deliver seamless payment experiences to users. The collaboration involves integrating Alipay+’s digital payment solutions with Huawei’s mobile services, enabling a simplified and secure mobile payment landscape. Huawei has already enabled multiple e-wallets and plans to expand further. The partnership...
Indonesia Emerges as Largest Online Spender in Southeast Asia, Accounting for Over Half of Regional Purchases in 2022
Indonesia has emerged as the frontrunner in online spending in Southeast Asia, contributing over 50% of the region’s total gross merchandise value (GMV) in 2022. According to a report by Momentum Works, Indonesia’s online purchases amounted to a staggering $51.9 billion, surpassing other countries in the region by a significant margin. Shopee and Tokopedia were identified as the most popular e-commerce platforms in...
UOB Malaysia Introduces UOB TMRW
UOB Malaysia has launched its enhanced mobile banking app, UOB TMRW, powered by advanced technologies, to provide customers with a personalized and streamlined banking experience. The app offers features such as investment portfolio management, real-time performance tracking, and instant redemption of reward points and coupons. Users can also expect future additions like self-service functionalities for UOB cards. With a focus on...
Dato’ Dr Amirudin Visits Kaspersky’s Transparency Center to Strengthen Cybersecurity Collaboration
Dato’ Dr Amirudin and his delegation recently visited Kaspersky’s Transparency Center, where they conducted a thorough review of Kaspersky’s secure software development documentation, threat analysis capabilities, and data management practices. As part of Kaspersky’s Global Transparency Initiative (GTI), the Transparency Centers serve as trusted facilities for state agencies, regulators, and enterprise partners to...
Intel Revolutionizes Client Compute Branding with the Launch of Intel® Core™ Ultra and Intel® Core™ Processor Brands
Intel has announced a significant update to its client compute branding, introducing the Intel® Core™ Ultra and Intel® Core™ processor brands. This branding update begins with the upcoming release of the highly anticipated Meteor Lake processors. The new branding structure aims to enhance differentiation between Intel’s latest technology advancements and mainstream offerings, providing PC buyers with a clearer understanding of...
CHANGELEADER Partners with BEYOND4 to Revolutionize Executive Training
CHANGELEADER, a Singapore-based tech startup, is thrilled to announce its partnership with BEYOND4 Malaysia. With its cloud-based mobile app digital platform, CHANGELEADER aims to revolutionize the traditional executive training and learning development space for organizations by leveraging scalable technology and ubiquitous mobile device usage. This partnership is particularly exciting as the BEYOND4 ecosystem not only fosters...
Zetrix, Universiti Malaya, and CAICT Collaborate to Advance AI in Cross-Border Trade
Zetrix, a leading public blockchain platform developer in Malaysia, and Universiti Malaya (UM), the country’s premier research university, have announced a collaboration with China Academy of Information and Communications Technology (CAICT) to spearhead cutting-edge Artificial Intelligence (AI) technology. This partnership is part of an ongoing intergovernmental research collaboration between Malaysia and the People’s...
