Latest news and trends about tech

EV maker Lotus Technology secures $870M private investment

Lotus Technology, a global luxury electric vehicle maker of British sports car firm Lotus Group, which is owned jointly by Chinese automaker Geely and Malaysia's Etika Automotive, has secured additional financing ahead of the completion of its planned business combination with L Catterton Asia Acquisition Corp (LCAA). The firm has signed agreements for a…

Fast-fashion giant Shein applies to go public in US – report

Shein's confidential US IPO filing was first reported by China's Shanghai Securities Journal last week. The Wall Street Journal earlier on Monday confirmed the report citing sources, the report added.

Indonesia’s JALA raises $13.1M from Intudo to scale up operations across key regions of Indonesia

JALA, an Indonesian digital enabler for the shrimp industry, has on Tuesday announced the completion of a $13.1 million Series A round of financing led by Intudo Ventures. The funding also saw participation from Sinar Mas Digital Ventures (SMDV), and existing investors Mirova and Meloy Fund (Deliberate Capital).

Singapore FinTech Festival 2023 attracts record 66,000 participants

The Festival extended its global reach this year, with participants hailing from 150 countries and regions, an increase from the 115 countries represented in 2022, and attracted a line-up of over 970 speakers.

Animoca Brands announces sold-out Season 2 of TinyTap Publisher NFTs; generates $333,907 revenue for educators

Hong Kong-based gaming firm Animoca Brands has on Monday announced that Season 2 of Publisher non-fungible tokens (NFTs) has sold out, and has generated $333,907 for 168educators. The Season 2 sale of 720 Publisher NFTs, which are created by its subsidiary TinyTap, an edtech platform for educational games, and hosted and facilitated by Open Campus, a…

Malaysian Stock Exchange, United Nations Global Compact collaborate to advance capability, capacity building on sustainability in the marketplace

Bursa Malaysia Berhad and UN Global Compact Network Malaysia & Brunei (UNGCMYB), an official local network of the United Nations Global Compact (UNGC), have announced a collaboration to jointly explore the development of sustainability-focused capability and capacity building programs that are specifically designed for the Malaysian marketplace.

Malaysia’s REDtone offers Starlink satellite broadband services to government and enterprise customers

Malaysia-based integrated telecommunications and digital infrastructure services provider REDtone Digital Berhad (REDtone) and American spacecraft manufacturer SpaceX have inked an authorized reseller agreement to offer Starlink satellite-based high speed internet services across Malaysia.

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CISO as the keystone to a culture of resilience

The #CISO, a position that has grown increasingly important since the last decade, is quickly becoming a key role in almost all large #enterprises today. Especially against the rapidly evolving threat landscape fuelled by emerging technologies maturity and ongoing economic headwinds, the need for a dedicated security professional to fortify #cybersecurity…

Startup Week Malaysia to be held from Dec 1 – 9

Startup Week Malaysia is a weeklong celebration dedicated to educating, inspiring, and connecting entrepreneurs across the nation. Inaugurated in 2023, the series is powered by a coalition of organizations that are at the forefront of nurturing startups and fortifying the entrepreneurial ecosystem in Malaysia.

Ensign InfoSecurity’s Gaurav Keerthi on the future of cyber defense and offense in the GenAI era [Q&A]

GenAI is helping the blue teams (the defenders) be better, but it is also helping the bad guys (the attackers) do more harm. GenAI is also a technology itself, and just like any technology, it has its own inherent risks and problems to grapple with. #CyberSecurity #AI #GenAI