Unleash Alchemical Wonders in Ragnarok Origin’s ROO Summer Festival Update
Gravity’s highly anticipated “ROO Summer Festival” update for Ragnarok Origin takes players on a magical journey, where Alchemists rise to power and new adventures await in the Cross-Server Guild Expeditions, alongside exciting rewards from the Emoji Machine. 18 July 2023 – In an exciting development, Gravity, the renowned South Korean video game developer, has unveiled the highly anticipated “ROO Summer...
Industries in Malaysia with High Demand for Tech Talent
The tech industry in Malaysia is growing rapidly, resulting in increased demand for tech talent. Industries such as banks and financial institutions, telecommunications, IT, industrial and manufacturing, marketing and advertising, retail, and IoT/cloud computing/cybersecurity services are experiencing high demand for tech professionals. To address the shortage, companies are urged to identify hidden talent, upskill or reskill...
CapBay Surpasses RM1 Billion Funding Milestone for Underserved SMEs
CapBay has reached a remarkable milestone by disbursing over RM1 billion in funding to more than 400 underserved SMEs, demonstrating its dedication to empowering businesses and offering safe investment options. With a default rate below 0.1%, CapBay’s advanced technology and AI-driven credit model have enabled financing for creditworthy SMEs, challenging the perception of alternative investments being high-risk. 14 July 2023...
AEON Credit Service to Invest RM175 Million in Digital Islamic Banking Sector
AEON Credit Service plans to invest RM175 million to establish its presence in the digital Islamic banking sector through a joint venture with AEON Financial Service. This strategic move aims to offer a comprehensive range of financial products and services to underserved market segments, driving financial inclusion and capitalizing on the growing demand for digital Islamic banking services in Malaysia. 14 July 2023 – AEON...
Fueling Digital Growth: Malaysia Launches MDAG 2023 to Drive Innovation and Job Creation
The Malaysia Digital Economy Corporation (MDEC) has opened applications for the Malaysia Digital Acceleration Grant (MDAG) 2023, aimed at propelling the growth of digital and technology companies in Malaysia. The grant supports the national strategic initiative to position Malaysia as the digital hub of ASEAN and create high-value job opportunities, while fostering innovation and investment in the digital ecosystem. 14 July 2023...
Twitter to Share Ad Revenue with Eligible Content Creators
Twitter has announced that it will share ad revenue with select content creators on its platform. Eligible creators, who meet specific criteria such as being verified users with a high number of impressions, will receive a portion of the revenue generated from ads displayed in their replies. This initiative is part of Twitter’s efforts to attract and support content creators and follows its introduction of paid subscriptions...
Elon Musk Launches xAI, a Company Aiming to Understand the Universe
Elon Musk launches xAI, a new company focused on developing an alternative to OpenAI’s ChatGPT and exploring the mysteries of the universe. The team comprises executives with backgrounds in AI from companies like Google and DeepMind, and Musk’s involvement sparks both intrigue and criticism within the industry. 14 July 2023 – Entrepreneur Elon Musk has unveiled his latest venture, xAI, a company with the ambitious...
Singapore’s Digital Banks Advocate Deposit Cap Removal to Foster Growth and Competition
Singapore’s digital banks, backed by Grab Holdings and Sea Ltd., are pressing the Monetary Authority of Singapore to remove the deposit cap hindering their growth and lending abilities. With profitability targets to meet, these banks seek to scale and compete with traditional banks while assuring consumer protection and long-term viability. 14 July 2023 – Singapore’s digital banks, backed by industry giants Grab...
OpenAI Faces FTC Investigation Over Potential Risks to Consumer Data and Reputations
The US Federal Trade Commission has initiated an investigation into OpenAI Inc., raising concerns about potential risks to consumer data and reputations posed by its ChatGPT conversational AI bot. This regulatory probe reflects the increasing need for ethical AI practices and responsible innovation, potentially impacting the broader AI sector. 14 July 2023 – The US Federal Trade Commission (FTC) has launched an investigation...
Amazon Prime Day Drives Impressive U.S. Online Sales Growth Amidst Inflationary Pressures
U.S. online sales during Amazon’s Prime Day event surged by 6.1% to $12.7 billion, despite inflationary pressures impacting consumers. Deep discounts on products like toys and appliances attracted shoppers looking for bargains, even as rising rental costs, mortgage rates, and food prices constrained non-essential purchases. Amazon.com’s annual Prime Day shopping event witnessed a significant boost in U.S. online sales, as...
