Netflix Earnings Report: Focus on Subscriber Growth Amidst Password Sharing Crackdown
Netflix prepares to release its earnings report, with attention on maintaining subscriber growth amidst challenges posed by password sharing crackdowns. Analysts scrutinize the streaming giant’s strategies, including the adoption of ad-supported tiers and expansion into sports entertainment. 17 April 2024 – As Netflix prepares to report its earnings on Thursday, attention is drawn to its strategy for sustaining subscriber...
Telegram Founder Pavel Durov Forecasts Rapid Growth Towards One Billion Users
Telegram founder Pavel Durov predicts the messaging app’s user base will soon exceed one billion, emphasizing its neutrality amidst geopolitical pressure and scrutiny. Despite challenges, including allegations of Russian influence, Durov remains committed to Telegram’s role as a platform for diverse communication. 17 April 2024 – Pavel Durov, the billionaire behind Telegram, anticipates the messaging app will soon...
Alliance to End Plastic Waste Releases Groundbreaking Solution Model Playbooks
The Alliance to End Plastic Waste launches innovative ‘Solution Model’ playbooks, providing actionable strategies for stakeholders to combat plastic pollution and promote circularity in the plastic economy. 17 April 2024 – The Alliance to End Plastic Waste has launched the first pair of ‘Solution Model’ playbooks, designed to provide insights and strategies for stakeholders across the plastic value chain....
Visa Unveils Advanced Payment Solutions to Empower Merchants in Evolving Retail Landscape
Visa unveils advanced payment solutions to support merchants in the evolving Click-and-Mortar™ shopping landscape, emphasizing simplified payment experiences and enhanced connectivity. Key enhancements include Developer Assist for partner integration, a revamped SMB platform by Authorize.net, and the expansion of Tap to Phone technology for mobile acceptance. 17 April 2024 – Visa, a global leader in digital payments, announces...
FinbotsAI and KBZ Bank Join Forces to Transform Credit Risk Management in Myanmar with AI-Powered Solution
FinbotsAI partners with KBZ Bank, Myanmar’s leading bank, to implement CreditX, an AI-powered credit scoring solution, revolutionizing credit risk management in the region. The collaboration aims to enhance operational efficiency, drive financial inclusion, and facilitate faster and more accurate credit assessments across retail and SME products. FinbotsAI, a Singapore-based B2B SaaS FinTech backed by Accel, has announced a...
Fintech Funding Declines in Asia Pacific, but Global Landscape Holds Promise: S&P Global Market Intelligence
Asia Pacific experiences the largest year-on-year decline in fintech funding, while global landscape shows promising signs with certain regions and segments experiencing growth, according to data from S&P Global Market Intelligence. Late-stage investing is on the rise, and there’s anticipation of fintech companies going public in the coming years. 16 April 2024 – In the first quarter of 2024, Asia Pacific witnessed the...
Juniper Research Predicts 41% Surge in Digital Money Transfers by 2028
Juniper Research forecasts a 41% increase in digital money transfers by 2028, driven by the adoption of mobile money in developing regions and instant payments in developed markets. The top 5 platform vendors for 2024, including Huawei and PayPal, are revealed, with an emphasis on the importance of innovation and a Payment-as-a-Service approach to stay ahead in the competitive landscape. 16 April 2024 – According to a new study...
AMD Unveils Cutting-Edge AI Chips for Business PCs, Set to Debut in HP and Lenovo Platforms
AMD introduces new series of AI-enabled chips tailored for business PCs, including the Ryzen PRO 8040 Series for laptops and mobile workstations, and the Ryzen PRO 8000 Series for desktops, set to launch in platforms from HP and Lenovo in the second quarter of 2024. 16 April 2024 – Advanced Micro Devices (AMD.O) announced on Tuesday the launch of its latest series of chips tailored for artificial intelligence-enabled personal...
Baidu’s Ernie Bot Dominates China’s AI Chatbot Market with 200 Million Users Amidst Rising Competition
Baidu’s Ernie Bot achieves a milestone with over 200 million users, facing stiff competition from emerging rivals like Moonshot AI’s Kimi in China’s AI chatbot market. Despite challenges, Ernie Bot continues to grow and serve a large base of enterprise clients. 16 April 2024 – Baidu, China’s leading technology company, announced on Tuesday that its artificial intelligence chatbot, “Ernie Bot,”...
Apple Smartphone Shipments Drop 10% in Q1 2024 as Samsung Secures Top Spot Amidst Android Onslaught
Apple’s smartphone shipments experienced a 10% decline in Q1 2024, yielding the top spot to Samsung amidst heightened competition from Android manufacturers. With challenges in key markets like China, Apple faces pressure to innovate and address investor concerns regarding its AI development strategy. 15 April 2024 – According to data released by research firm IDC on Sunday, Apple’s smartphone shipments experienced a...
BrandShield Dismantles Over 250 Websites Trafficking Counterfeit GLP-1 Drugs, Raises Alarm on Patient Safety
Cybersecurity firm BrandShield shuts down over 250 websites selling counterfeit GLP-1 drugs, amid rising concerns about patient safety and public health risks associated with fake medications. 15 April 2024 – BrandShield, a leading cybersecurity firm, has successfully shut down more than 250 websites trafficking counterfeit versions of popular weight-loss and diabetes medications in the GLP-1 class, CEO Yoav Keren disclosed...
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...
