Latest news and trends about tech

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The vital role of direct communication in AI-powered recruitment

While #AI-based #recruitment brings about a host of benefits to both job hunters and recruiters, as with any tool, it is a double-edged sword. It takes a keen understanding and experience to use AI tools to use it to its full potential. AI is certainly impressive and helpful, but it is not a panacea, at least not yet. This technology is still relatively new…

Alibaba Cloud partners SAINS to offer private cloud program in Malaysia

Alibaba Cloud, the digital technology and intelligence backbone of Alibaba Group, has on Wednesday announced its collaboration with Sarawak Information Systems (SAINS), a information and communications technology (ICT) systems integrator and solutions provider fully owned by Sarawak state government.

Singapore’s HeLa Labs launches stablecoin-powered layer one blockchain network

HeLa Labs, a Singapore-based hi-tech company, has on Tuesday announced the official launch of a next-generation layer one blockchain network with privacy-preserving and consensus protocols for real-world adoption.

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SoftBank to expand global IoT business in Asia-Pacific region

SoftBank Corp. (SoftBank) has on Wednesday announced that from October 2023, it will launch a full-fledged expansion of its global internet of things (IoT) business in the Asia-Pacific (APAC) region.

India’s Zoomcar foresees SPAC deal to close in the fourth quarter

India-based emerging market focused car sharing platform Zoomcar foresees its special purpose acquisition company (SPAC) deal to close in the fourth quarter this year. The combined company's common stock is anticipated to be listed on NASDAQ under ticker symbol "ZCAR."

Japan and India launch $588M fund to back sustainability projects

The Japan Bank for International Cooperation (JBIC) and the National Investment and Infrastructure Fund Limited (NIIFL) have on Wednesday launched a $588 million fund to to invest in sustainability projects.

Japanese AI semiconductor firm EdgeCortix closes $20M in additional funding round

EdgeCortix Inc., a Japan-based edge artificial intelligence (AI) fabless semiconductor development and design company, has announced the closing of a $20 million funding round. The funding was led by Japan’s venture capital (VC) firm SBI Investment Co. Ltd. and Global Hands-On VC (GHOVC), a Japan-United States collaboration-focused venture capital with a…

Battery electric vehicles is clear winner when trying to reduce emissions, says Rystad Energy

Battery electric vehicles (BEV) are the clear winner when trying to reduce emissions in the transportation sector, according to Rystad Energy research. Despite incurring higher emissions in the manufacturing process of electric vehicles and an enduring reliance on fossil fuel power generation in many countries, it said the positive environmental impact of…

BMI sees Malaysia’s electric vehicle sales to quadruple in 2023

BMI, a FitchSolutions firm, has projected that Malaysia's total electric vehicle (EV) sales to quadruple in 2023, although the country’s EV penetration rate (EV sales as percent of total vehicle sales) will stay at just 1.8 percent. BMI estimates demand for EVs in Malaysia to far outstrip that of internal combustion engine cars within the 2023-2032…

The 2021 VinFuture grand prize laureates receive Nobel Prize in Medicine in 2023

Before the #NobelPrize awarded Dr. Kariko and Prof. Weissman, the 2021 #VinFuturePrize was one of the first few global sci-tech awards to honor the work of Dr. Kariko and Prof. Weissman. Furthermore, the VinFuture Prize evaluates work at a broader scale, including many related discoveries to create comprehensive impacts.