Vertical

Malaysian Central Bank-owned Payments Network Malaysia (PayNet) has on Monday launched Program Akar, a new program designed to address the urgent need for digitally skilled workers in Malaysia.

JIA Asset Management Sdn Bhd has announced on Tuesday its strategic collaboration with Vynn Capital by participating as a limited partner in the Vynn Capital Progression Fund, Vynn Capital’s mobility and supply chain-focused fund.

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

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 technology solutions provider based in the Philippines.

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 revealed on Monday.

Data protection goes beyond compliance — companies have a responsibility to individuals to use their information responsibly and avoid a breach. Prioritizing transparency, data minimization and enhanced security will help build trust and loyalty between businesses and consumers.

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 Mitsui Banking Corporation (SMBC).

Singapore-based generative artificial intelligence (AI) start-up TAU Intelligence has collaborated with Hong Kong-based conglomerate Jardine Matheson and United States-based technology firm Intel to launch resource-efficient AI solutions.

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 various media reports.

"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 support our customers," Microsoft clarified in a blog post on Saturday.