Marshall Launches Homeline III Series, Redefining Home Audio Experience in Malaysia
Marshall launches the Homeline III Series in Malaysia, offering iconic design and unparalleled sound quality through Acton III, Stanmore III, and Woburn III speakers, redefining home audio experience for Malaysian consumers. 6 March 2024 – Renowned for their iconic design and unparalleled sound quality, Marshall has announced the reintroduction of the Marshall Homeline III Series in Malaysia. This exclusive lineup includes the...
China Prioritizing Emerging Technologies and Tech Self-Sufficiency
China is prioritizing the development of emerging industries like quantum computing and bolstering technology self-sufficiency, as outlined in a recent government report. Efforts also include strengthening capabilities in artificial intelligence and big data, reflecting a broader strategy to reduce reliance on foreign suppliers and enhance national security. 5 March 2024 – In a recent government work report, China announced its...
DG1’s AI-Powered E-commerce Platform Revolutionizes Online Business Landscape
DG1, an AI-powered e-commerce platform, empowers Malaysian SMEs with affordable subscription plans and cutting-edge marketing tools, doubling their sales revenue while eliminating commission fees. 5 March 2024 – DG1, an innovative AI-powered SaaS e-commerce platform, has revolutionized the landscape for micro-SMEs in Malaysia, doubling their sales revenue and eliminating commission fees. With a subscription fee of just USD 59,...
MYStartup NXT Lights Up Johor, Aiming to Spark Local Startup Boom
MYStartup launched its 2024 program, MYStartup NXT, in Johor, aiming to support the state’s growing startup ecosystem through knowledge sharing, networking, and addressing key challenges faced by startups. 5 March 2024 – MYStartup, a Malaysian organization dedicated to fostering startup development, officially launched its 2024 program, MYStartup NXT, in Johor. This strategic move signifies their commitment to supporting...
MoneyX: Your AI-Powered Financial Assistant Arrives in Malaysia
MoneyX, a new AI-powered super app launched in Malaysia, aims to simplify personal finance management by offering data organization, financial insights, and access to various financial products within a single platform. 5 March 2024 – Hextar Vision Sdn Bhd, a subsidiary of Hextar Technologies Solutions Bhd (HexTech), today announced the official launch of MoneyX, a super app designed to simplify personal finance management for...
Visa and Western Union Partner for Easier Global Money Transfers and Humanitarian Support
Visa and Western Union strengthen their partnership, enabling money transfers to 40 countries through Visa cards and introducing prepaid cards for wider accessibility, while also collaborating on facilitating disaster relief efforts. 5 March 2024 – Financial giants Visa and Western Union have announced a significant expansion of their existing partnership, aiming to simplify cross-border money transfers. This 7-year agreement...
APAC Businesses Embrace AI and IoT, But Cybersecurity Concerns Rise
A Kaspersky study shows high adoption of AI and IoT in APAC businesses, raising concerns about cybersecurity as companies struggle to secure these technologies. 5 March 2024 – A recent study by cybersecurity firm Kaspersky has revealed that a significant portion of businesses in the Asia Pacific (APAC) region are embracing interconnected technologies, with nearly two-thirds (61% and 64%) already using Artificial Intelligence...
Bitcoin Surges to Two-Year High, Approaches Record Levels Amidst Inflow Surge
Bitcoin reaches a two-year high, nearing record levels as inflows into U.S.-listed bitcoin funds surge. Ethereum also sees gains amidst speculation of exchange-traded funds, reflecting a broader market rally reminiscent of 2021’s bullish sentiment. 4 March 2024 – Bitcoin soared to a two-year high on Monday, surpassing $65,000 and nearing its record level, driven by a surge in inflows into U.S.-listed bitcoin funds. The...
Yale Reinforces Commitment to Home Security with Smart Shop Expansion and Innovative Products
Yale strengthens its home security commitment with expanded Smart Shop stores, introducing innovative products like Yale Luna Pro+ and Yale Kyra Pro, alongside an enhanced Yale Home app offering remote control, guest access, and monitoring features for homeowners’ convenience and peace of mind. 4 March 2024 – Yale, with 184 years of experience in security solutions, is amplifying its dedication to safeguarding...
VTEX and ChannelEngine Forge Global Partnership to Empower Ecommerce Expansion
VTEX and ChannelEngine team up to provide VTEX merchants with access to over 700 global marketplaces, enabling streamlined international expansion and revenue growth opportunities. 4 March 2024 – In a bid to revolutionize the ecommerce domain, VTEX has announced a strategic alliance with ChannelEngine, a prominent marketplace integration platform. This collaboration aims to empower merchants utilizing the VTEX platform by...
Google CEO Sundar Pichai Addresses Biased Responses in Gemini AI Tool
Google’s CEO Sundar Pichai acknowledges biases in Gemini AI tool, vows comprehensive fixes and relaunch. 29 February 2024 – Google’s CEO Sundar Pichai recently addressed employees regarding the company’s efforts to rectify biases detected in its Gemini AI tool, acknowledging certain text and image responses as “biased” and “unacceptable.” The decision follows Google’s temporary...
Soft Space’s FasstapTM Becomes World’s First MPoC-Certified SoftPOS Solution
Soft Space’s FasstapTM achieves historic MPoC Solution Provider certification, positioning the company as a global leader in the SoftPOS market and setting a new industry standard for secure and reliable payment solutions. 29 February 2024 – Soft Space Sdn. Bhd. (Soft Space), a global leader in fintech-as-a-service (FaaS), proudly announces that its innovative SoftPOS solution, FasstapTM, has achieved a groundbreaking...
Bitcoin Surges Past $60,000 as Market Optimism Soars: Insights and Implications
Bitcoin surpasses $60,000 fueled by institutional interest and market optimism, with Ethereum also hitting new highs, prompting anticipation of ETF approvals by U.S. regulators. 29 February 2024 – On Wednesday, Bitcoin soared above the $60,000 threshold for the first time in over two years, propelled by a surge of investment into new U.S. spot bitcoin exchange traded products. The cryptocurrency witnessed a remarkable 42% price...
Synopsys Report Reveals Surge in High-Risk Open Source Vulnerabilities in Commercial Codebases
Synopsys’ latest OSSRA report unveils a concerning surge in high-risk open source vulnerabilities within commercial codebases, prompting calls for strengthened cybersecurity measures across industries to safeguard against exploitation. 28 February 2024 – Synopsys has unveiled its ninth annual “Open Source Security and Risk Analysis” (OSSRA) report, shedding light on a concerning trend: nearly three-quarters of...
Kaspersky Report Reveals Alarming Trends in Malaysian Cyber Threat Landscape
Kaspersky’s report highlights a decrease in web threats detected in Malaysia, yet underscores the ongoing need for heightened cybersecurity vigilance in the face of persistent cybercriminal activities targeting individuals and businesses. 28 February 2024 – In a bid to shine a light on the evolving cyber threat landscape in Malaysia, leading global cybersecurity firm Kaspersky has released an insightful analysis of web...
Malaysia and Cambodia Strengthen Financial Cooperation with Cross-Border Payments Agreement
Malaysia and Cambodia strengthen financial ties with a Memorandum of Understanding (MoU) between Bank Negara Malaysia (BNM) and the National Bank of Cambodia (NBC), aiming to enhance cross-border payments and financial innovation, benefitting businesses and individuals in both countries. 28 February 2024 – Bank Negara Malaysia (BNM) and the National Bank of Cambodia (NBC) have formalized their commitment to enhance financial...
Honor Unveils Magic 6 Pro Smartphone with Eye-Tracking AI and AI-Enabled Laptop Ahead of Global Launch
Chinese tech company Honor launches its Magic 6 Pro smartphone globally, showcasing an experimental eye-tracking AI feature for remote car control, while also introducing its MagicBook Pro 16 laptop with AI-driven application transfer capabilities. The move comes ahead of the Mobile World Congress in Barcelona, reflecting a broader industry trend toward leveraging generative AI to revitalize smartphone sales, despite potential legal...
Surge in Fake Ad Complaints Sparks Calls for Stronger Protections
Complaints regarding fake advertisements in e-commerce have spiked, accounting for up to 32% of consumer grievances, prompting calls for robust measures to combat fraudulent practices and safeguard consumer trust. 27 February 2024 – Consumer complaints regarding fake advertisements in e-commerce have surged, with up to 32% of grievances linked to deceptive marketing tactics, according to Saral James Maniam, a senior manager at...
Visa and GSMA Foundation Unveil DFA Initiative to Advance Digital Financial Inclusion Worldwide
Visa and the GSMA Foundation have launched the DFA Initiative, targeting enhanced digital financial inclusion for 20 million individuals in low- and middle-income countries, focusing on women, small holder farmers, small enterprises, and refugees. 27 February 2024 – Visa and the GSMA Mobile for Development Foundation have joined forces to launch the Digital Finance for All (DFA) Initiative, aiming to enhance digital financial...
Lapasar Secures RM31 Million Investment, Targets RM1 Billion Revenue by 2026
Lapasar secures RM31 million investment from prominent investors, signaling aggressive growth plans in the FMCG sector with the aim to reach RM1 billion revenue by 2026. The tech-enabled distributor plans to enhance its product range and operational capabilities to solidify its position in Malaysia’s FMCG industry. 24 February 2024 – Lapasar Sdn Bhd, a local startup, has successfully raised RM31 million in investments from...
