Malaysia Unveils Single Window Initiative to Enhance Startup Ecosystem Ahead of KL20 Summit
Malaysia’s Ministry of Science, Technology, and Innovation unveils the Single Window Initiative to simplify processes and provide comprehensive support for startups, aligning with the objectives of the upcoming KL20 Summit to propel the country’s startup ecosystem to new heights. 13 April 2024 – Malaysia’s Ministry of Science, Technology, and Innovation (MOSTI) has announced the launch of the Single Window...
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...
Kaspersky VPN Earns AV-TEST Approval with Remarkable Performance Surge
Kaspersky VPN receives ‘Approved’ certificate from AV-TEST, boasting a remarkable 355% improvement in overseas upload speeds, alongside praise for its extensive server network and robust privacy features. 13 April 2024 – In a recent evaluation conducted by AV-TEST, an independent testing organization, Kaspersky VPN has been awarded the coveted ‘Approved’ certificate, marking its effectiveness as a leading...
Malaysia Pressures Meta and TikTok to Intensify Monitoring Amidst Spike in Harmful Social Media Content
Malaysia urges Meta and TikTok to increase monitoring due to a surge in harmful social media content, with a sharp rise in cases reported to these platforms in the first quarter of 2024. Concerns are raised over content related to sensitive topics like race, religion, and royalty. 9 April 2024 – Malaysia has called upon Meta, the operator of Facebook, and TikTok to heighten their monitoring efforts on their platforms following a...
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...
Alibaba Cloud Slashes Prices to Woo AI Developers in Global Market Battle
Alibaba Cloud announces significant price reductions for products hosted on its offshore data centers, aiming to attract AI software developers amidst intensifying competition. This strategic move reflects Alibaba’s commitment to enhancing its global competitiveness and fostering innovation in the cloud computing sector. 8 April 2024 – Alibaba Cloud, the cloud computing arm of Chinese e-commerce giant Alibaba Group...
AutoCount Unveils Cutting-Edge e-Invoice Platform Ahead of Malaysia’s Mandate
AutoCount launches its innovative AutoCount e-Invoice Platform (AIP) ahead of Malaysia’s e-Invoicing mandate, offering seamless integration with the LHDN MyInvois system and advanced features to streamline business operations and ensure compliance. 8 April 2024 – AutoCount, a leading provider of business software solutions, has taken a pioneering step in Malaysia’s digital transformation journey by unveiling its...
Kaspersky Reports Surge in Data-Stealing Malware Sparks Cybersecurity Alarm
Kaspersky’s report highlights a substantial increase in data-stealing malware incidents, with nearly 10 million devices compromised in 2023 alone, necessitating heightened cybersecurity measures. 8 April 2024 – In a recent report by Kaspersky Digital Footprint Intelligence, findings indicate a troubling escalation in data-stealing malware incidents, with nearly 10 million devices compromised in 2023 alone. Drawing from...
Samsung and HTX Forge Partnership to Enhance Public Safety and Cybersecurity in Singapore Through Technological Innovation
Samsung Electronics Singapore and HTX partner to advance public safety in Singapore through technological innovation, focusing on cybersecurity, frontline operations augmentation, and next-generation mobility solutions. The collaboration aims to empower law enforcement agencies with future-ready tools and mitigate evolving challenges. 5 April 2024 – Samsung Electronics Singapore and HTX (Home Team Science and Technology Agency)...
Shopee Unveiled as Title Partner for Inaugural ASEAN Club Championship, Pioneering the Shopee Cup in Southeast Asia
The ASEAN Football Federation (AFF) partners with Shopee for the inaugural ASEAN Club Championship, to be titled the Shopee Cup. Set to commence on July 17, the tournament will feature 14 ASEAN clubs in a league format, aiming to elevate ASEAN club football and engage football fans across the region. 5 April 2024 – The ASEAN Football Federation (AFF) has unveiled Shopee as the title partner for the inaugural ASEAN Club...
Singapore Emerges as Top Startup Investment Hub in Southeast Asia, Attracting US$6.1 Billion in Funding in 2023
Singapore emerges as the leading startup investment hub in Southeast Asia, attracting a record US$6.1 billion in funding in 2023, as reported by Enterprise Singapore. Early-stage funding dominates the investment landscape, showcasing Singapore’s resilience amidst a global decline in startup funding. 5 April 2024 – Singapore solidified its position as the premier destination for startup investments in Southeast Asia, with a...
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...
Brother International Malaysia Supports Cancer Screening and Care Initiatives with RM20,000 Donation to NCSM
Brother International Malaysia has donated RM20,000 to the National Cancer Society Malaysia, aiding breast screenings for 40 underprivileged women and covering operating costs for the NCSM’s Children’s Home of Hope. This contribution reflects Brother Malaysia’s commitment to promoting well-being and empowering communities, particularly in the fight against breast cancer. 4 April 2024 – Brother International...
Sophos and Tenable Join Forces to Launch Managed Risk Service, Strengthening Cybersecurity Defenses Against Evolving Threats
Sophos and Tenable have collaborated to introduce Sophos Managed Risk, a cutting-edge service aimed at bolstering cybersecurity defenses by combining expertise in security operations and exposure management technology. This innovative solution provides continuous risk monitoring and proactive threat prevention, empowering organizations to effectively manage vulnerabilities and protect against evolving cyber threats. 4 April 2024...
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...
