Adobe Unveils Integration of Third-Party AI Tools in Premiere Pro for Advanced Video Editing Capabilities
Adobe reveals plans to integrate third-party AI tools, like OpenAI, into its Premiere Pro software, aiming to introduce advanced features for automated video editing. 15 April 2024 – In a strategic move to enhance its widely used Premiere Pro application, Adobe (ADBE.O) has announced plans to integrate third-party generative artificial intelligence (AI) tools, including those from OpenAI and other startups. This initiative,...
South Korea to Host Global AI Safety Summit, Building on Bletchley Declaration
South Korea is set to host the second global AI safety summit, continuing the collaborative efforts initiated by the “Bletchley Declaration” to address AI safety concerns and establish global norms for governance. 13 April 2024 – South Korea is set to host the second global AI safety summit on May 21-22, following in the footsteps of Britain’s inaugural event held at Bletchley Park six months prior. Government...
Huawei Teases Mystery Smartphone Launch Amid Speculation Over P70 Successor
Huawei teases the launch of a mystery smartphone, fueling speculation about the successor to its P series, as the company aims to maintain momentum following the success of its Mate 60 series. 13 April 2024 – Chinese technology giant Huaweihas ignited excitement among consumers by opening registrations for an upcoming smartphone model, sparking speculation about the highly anticipated successor to its renowned P series. With...
Mastercard Unveils Strategic Reorganization to Drive Growth and Value
Mastercard has announced a strategic realignment of its teams, focusing on Core Payments, Commercial & New Payment Flows, and Services to drive growth and deliver value. This restructuring, effective immediately for leadership changes and May 1 for organizational transitions, aims to enhance alignment, accelerate growth, and better serve stakeholders. 9 April 2024 – Mastercard has revealed a significant restructuring of its...
Bank Negara Malaysia Takes Decisive Action on Banking Services Disruptions
Bank Negara Malaysia responds firmly to recent banking services outages, demanding prompt restoration, effective communication with customers, and comprehensive explanations from affected banks. Further supervisory actions threatened for institutions failing regulatory standards. 9 April 2024 – Bank Negara Malaysia (BNM) has issued a stern response to the recent disruptions in banking services experienced by two major Malaysian...
Nvidia and Indosat Ooredoo Hutchison Forge Partnership to Establish $200 Million AI Center in Central Java
Nvidia and Indosat Ooredoo Hutchison are teaming up to build a $200 million AI center in Central Java, aimed at advancing technological innovation in Indonesia. The center, to be located in Surakarta city, will focus on telecommunication infrastructure and human resource development, contributing to the region’s AI ecosystem. 4 April 2024 – Nvidia, a global leader in artificial intelligence (AI) technology, and PT Indosat...
Indonesia Blockchain Week 2024: Igniting Innovation and Collaboration in Southeast Asia
The Indonesia Blockchain Week 2024, set for November, promises to be the largest edition yet, aiming to accelerate innovation and collaboration in Southeast Asia’s blockchain ecosystem. With a focus on bridging traditional finance with blockchain technology and exploring the future of entertainment, the conference reunites industry professionals and thought leaders after a two-year hiatus. 4 April 2024 – The Indonesia...
Google Mulls Premium Features for AI-Powered Search Engine Amid Push for Monetization
Google, under Alphabet Inc., is reportedly exploring the introduction of premium features for its AI-powered search engine, aiming to monetize its core products and stay competitive in the AI space. Despite potential subscription-based enhancements, Google assures that its traditional search engine will remain free with ads, amidst competition from industry giants like OpenAI and Microsoft. 4 April 2024 – Google, a subsidiary of...
Apple Inc. Explores Entry into Personal Robotics Market
Apple Inc. is exploring entry into the personal robotics market, with plans for mobile robots and advanced tabletop devices, aiming to diversify revenue streams and maintain its innovative edge. The move reflects Apple’s strategic focus on emerging markets and technological advancements in artificial intelligence and machine learning. 4 April 2024 – Apple Inc., renowned for its technological innovations, is venturing into...
MoneyGram and Tencent Financial Technology Partner to Enable Digital Remittances to Weixin Pay Wallets in China
MoneyGram partners with Tencent Financial Technology to enable consumers to send funds directly to Weixin Pay wallets in China through MoneyGram Online, catering to the growing demand for digital remittance solutions. With China ranking as the third-highest recipient country for remittances and witnessing a surge in e-commerce and mobile payments, this collaboration aims to simplify cross-border transactions and fortify global...
Microsoft and Quantinuum Make Breakthrough in Quantum Computing Reliability, Paving the Way for Commercialization
Microsoft and Quantinuum achieve a breakthrough in quantum computing by enhancing reliability through innovative error-correction techniques. This advancement brings commercial quantum computing closer to reality, with potential implications for various industries seeking unprecedented computational capabilities. 3 April 2024 – Microsoft (MSFT.O) and Quantinuum announced a significant advancement in quantum computing technology,...
JPMorgan Chase Launches A New Frontier in Digital Advertising Targeting 80 Million Customers
JPMorgan Chase launches Chase Media Solutions, a new digital media platform allowing advertisers to target its 80 million customers based on spending data. Leveraging transaction data and partnerships with brands like Blue Bottle Coffee and Whataburger, the platform offers precise advertising opportunities, signaling the bank’s expansion into the digital marketing space. JPMorgan Chase (JPM.N) has ventured into the digital media...
AsiaPay Partners with Airswift to Elevate Digital Payment Services for Airline Travelers
AsiaPay collaborates with Airswift to enhance digital payment services for airline passengers, offering streamlined payment options and facilitating market expansion for the airline. 2 April 2024 – AsiaPay, a leading digital payment service provider in Asia, has joined forces with Airswift, a boutique airline operating in the Philippines, to improve digital payment options for travelers. This collaboration integrates Airswift...
Amazon’s AWS Expands Free Credits Program to Cover AI Model Usage for Startups, Boosting Bedrock’s Market Share
AWS expands its free credits program for startups to cover AI model usage, aiming to bolster Bedrock’s market share. The initiative, which includes partnerships with various providers, reflects Amazon’s ongoing efforts to support startups while attracting regulatory scrutiny. 2 April 2024 – Amazon Web Service (AWS) has announced an expansion of its free credits program for startups, now encompassing the costs...
OpenAI Announces Unrestricted Access to ChatGPT Without Sign-Up Requirement
OpenAI announces unrestricted access to ChatGPT, its generative AI chatbot, eliminating the sign-up requirement to democratize AI accessibility. Despite its growth slowdown, ChatGPT remains popular for its human-like conversation abilities and diverse tasks. 2 April 2024 – OpenAI, backed by Microsoft, has revealed plans to offer unrestricted access to its ChatGPT generative AI chatbot starting next Monday, removing the necessity...
Visa Bolsters Global Security Measures with AI-Powered Fraud Prevention Solutions
Visa strengthens global security measures with AI-driven fraud prevention solutions, targeting various transaction types including immediate account-to-account and card-not-present payments. 28 March 2024 – In an effort to fortify its position as a leader in digital payments security, Visa (NYSE:V) has announced the expansion of its suite of value-added services with the introduction of three new AI-driven risk and fraud...
Mastercard and Worldpay Collaborate to Streamline Transaction Disputes and Reduce Chargebacks
Mastercard and Worldpay’s partnership introduces Ethoca Alerts to streamline transaction dispute resolution, reducing chargebacks and enhancing fraud prevention efforts for merchants worldwide. This collaboration underscores a commitment to delivering seamless transaction experiences and safeguarding the integrity of the global digital economy. 27 March 2024 – Mastercard and Worldpay have joined forces to streamline the...
Visa and Mastercard Reach Settlement with U.S. Merchants, Potentially Saving Billions for American Shoppers
Visa and Mastercard’s settlement with U.S. merchants over swipe fees could potentially save American shoppers billions of dollars. The agreement, which caps credit interchange fees and addresses long-standing grievances, particularly benefits small businesses and highlights efforts towards fairer transaction practices. 26 March 2024 – Visa and Mastercard have reached a significant settlement with U.S. merchants concerning...
Tencent Cloud EdgeOne Empowers Startups with Free Trials and Advanced Security Solutions
Tencent Cloud EdgeOne offers startups free trials of advanced security solutions, including Content & Intelligent Acceleration and Platform-level DDoS protection, empowering them to navigate the challenges of modern business landscapes with confidence. 26 March 2024 – Tencent Cloud EdgeOne, a leading cloud security and acceleration platform, has announced a groundbreaking initiative aimed at supporting startups in their...
Akulaku Secures US$100 Million Debt Financing from HSBC Singapore to Drive Profitability and Expansion in Southeast Asia’s Fintech Landscape
Southeast Asian fintech Akulaku, backed by Alibaba, secures US$100 million debt financing from HSBC Singapore to address existing debts and enhance profitability, emphasizing its improved financial health and commitment to sustainable growth. Despite regulatory challenges, Akulaku remains optimistic about its expansion plans in Indonesia, its primary market, aiming for increased revenue amidst fierce competition in the online lending...
