China listed AI firm iFLYTEK to invest $51.23M in Hong Kong

China-listed artificial intelligence company iFLYTEK plans to HK$400 million ($51.23 million) in Hong Kong over the next five years.

Equinix expands to the Philippines with acquisition of three data centers

United States data center firm Equinix has announced its planned entry into the Philippines with the acquisition of three data centers from Total Information Management (TIM), a…

Organizations report a four-fold increase in the deployment of generative AI since 2023

Organizations report a four-fold increase in the deployment of generative artificial intelligence (GenAI) since 2023, according to the Capgemini Research Institute’s latest report…

person holding space gray iPhone 5s taking picture

Ethical considerations when using customer data

Data protection goes beyond compliance — companies have a responsibility to individuals to use their information responsibly and avoid a breach. Prioritizing transparency, data…

IFC provides $250M loan to Ayala Land to boost green buildings in the Philippines

The International Finance Corporation (IFC), a member of the World Bank Group, is investing up to PHP 14.5 billion ($250 million) in the form of a sustainability-linked loan (SLL)…

Singapore’s CHITOSE Group raises $6.2M from Japan’s SMBC

Singapore-based biotech firm Chitose Bio Evolution Pte. Ltd. has announced the issuance of new shares of JPY 1 billion ($6.2 million) through a third-party allotment to Sumitomo…

TAU Intelligence partners Jardine Matheson, Intel to launch resource-efficient AI solutions

Singapore-based generative artificial intelligence (AI) start-up TAU Intelligence has collaborated with Hong Kong-based conglomerate Jardine Matheson and United States-based…

Malaysia welcomes its second unicorn, NASDAQ-bound biotech firm ALPS Global Holdings Bhd

Alps is a fully-integrated biotechnology research, medical and wellness company dedicated to the development of personalised medicine using cutting-edge technologies such as…

Capital A chief Fernandes demands answers from Microsoft with airlines losing ‘millions’ in global IT outage

The global tech glitch affected flights, banking and company operations in Malaysia, Hong Kong, Singapore, the United States, the United Kingdom, India and Australia, according to…

Techsauce Global Summit 2024 Returns to Unveil the Future AI

This year, the Summit returns with the theme ‘The World of Tomorrow With AI,’ offering comprehensive insights into the key aspects of an AI-driven world.

Microsoft says about 8.5 million of its devices affected by CrowdStrike-related outage

"Although this was not a Microsoft incident, given it impacts our ecosystem, we want to provide an update on the steps we’ve taken with CrowdStrike and others to remediate and…

China’s XTransfer gets Singapore approval to provide payment services for SMEs

XTransfer, China-based business to business (B2B) cross-border trade payment platform, announced Tuesday that it has received in-principle approval (IPA) from the Monetary…

Animoca Brands’ Mocaverse, MOCA Foundation, and TON Foundation execute strategic partnership for MOCA Coin and Toncoin token swap

Animoca Brands’ Mocaverse has on Friday announced a strategic partnership with MOCA Foundation and The Open Network (TON) Foundation to implement an identity and reputation-based…

DOST-ASTI, THE BLOKC and Superteam Philippines join forces to accelerate blockchain innovation

The Department of Science and Technology - Advanced Science and Technology Institute (DOST-ASTI), THE BLOKCLABS, INC. (The BLOKC) and Superteam Philippines are set to formalize a…