Recent News

Indian footwear startup secures $3.2m pre-series B
Oct 15, 2024

Indian footwear startup secures $3.2m pre-series B

The funding round was led by Gulf Islamic Investments, noted for Shari’ah-compliant investing, which manages assets exceeding US$4.5 billion.


Kaspersky warns Filipino voters vs poll scams, fake news
Oct 15, 2024

Kaspersky warns Filipino voters vs poll scams, fake news

As the Philippine election season started with the filing of certificates of candidacy (COC), Kaspersky warned Filipinos against the proliferation of scams and disinformation. The cybersecurity firm reminded the public to be cautious of suspicious e-mails and to only trust reliable sources for their daily news. In a statement on Monday, Kaspersky said cybercriminals were


Profits take off at YouTrip on travel rebound and B2B growth
Oct 15, 2024

Profits take off at YouTrip on travel rebound and B2B growth

The Singapore-based multicurrency card operator more than doubled revenue to US$30 million for FY 2024.


 Casetify celebrates 85 Years of Batman with an exclusive phone case priced at S$2,841
Oct 15, 2024

Casetify celebrates 85 Years of Batman with an exclusive phone case priced at S$2,841

Hot dammit that price... #batman #casetify #comics


Lenovo introduces ThinkSmart Core Gen 2 to future-proof AI-optimized meeting spaces
Oct 15, 2024

Lenovo introduces ThinkSmart Core Gen 2 to future-proof AI-optimized meeting spaces

Lenovo Group announced today the Lenovo ThinkSmartCore Gen 2, one of the first AI-optimized compute devices purpose built to run video conferencing room systems.


Small AI, big promises for privacy
Oct 15, 2024

Small AI, big promises for privacy

This week’s On the Rise looks at a Singaporean firm building small-scale models and the issues workplaces face in adopting AI


Japan’s top-funded tech companies in the last decade
Oct 15, 2024

Japan’s top-funded tech companies in the last decade

Our automated tracker can help you keep an eye on the funding activities of Japan's tech firms as they close in on the billion-dollar mark.


Adobe goes AI to the max
Oct 15, 2024

Adobe goes AI to the max

Adobe Max 2024 is all about AI innovation across its creative suite, with new features like Generative Extend in Premiere Pro for extending video clips and sound. Photoshop gets Distraction Removal, while Illustrator and InDesign receive enhancements for object arrangement and image expansion. Adobe also introduces Text-to-Video and Image-to-Video tools, raising exciting possibilities for the future of filmmaking and video editing.


Hyundai India to unveil record $3.3b IPO
Oct 15, 2024

Hyundai India to unveil record $3.3b IPO

This IPO is poised to be the largest in India’s history and the second largest worldwide this year.


China’s GAC Group to invest $27m in Pony.ai
Oct 15, 2024

China’s GAC Group to invest $27m in Pony.ai

GAC and Pony.ai have partnered since 2018, following Pony.ai's undisclosed investment in GAC's ride-hailing platform in 2022.


Indonesian loyalty platform GetPlus to close in December
Oct 15, 2024

Indonesian loyalty platform GetPlus to close in December

Customers can still scan receipts, make purchases, and convert loyalty points until Sunday.


Dekoruma’s sales double in 2023 amid industry decline
Oct 15, 2024

Dekoruma’s sales double in 2023 amid industry decline

The Indonesia-based furniture marketplace grew its revenue in 2023, but so did discounts to customers, which rose over 6x.


Google partners with US startup for nuclear reactor use
Oct 15, 2024

Google partners with US startup for nuclear reactor use

The agreement supports the construction of seven small modular reactors that will produce a combined 500 MW of electricity.


Nvidia, AMD face export limits as US controls AI risks
Oct 15, 2024

Nvidia, AMD face export limits as US controls AI risks

Discussions are in preliminary stages, with officials noting that country-specific caps have gained traction in recent weeks.


APIs in the world of AI
Oct 15, 2024

APIs in the world of AI

Marco Palladino, CTO and co-founder of Kong, shares ways to optimize API infrastructure to thrive in an AI-driven world.


Tesla Optimus robots at Cybercab showcase were remotely controlled by humans
Oct 15, 2024

Tesla Optimus robots at Cybercab showcase were remotely controlled by humans

The use of human input raises questions over the capabilities and market readiness of the bot, despite Elon Musk’s enthusiasm.


Tesla Optimus robots at Cybercab showcase were remotely controlled by humans
Oct 15, 2024

Tesla Optimus robots at Cybercab showcase were remotely controlled by humans

The use of human input raises questions over the capabilities and market readiness of the bot, despite Elon Musk’s enthusiasm.


A list of fundraising startups from Asia and beyond (Updated)
Oct 15, 2024

A list of fundraising startups from Asia and beyond (Updated)

Fundraising is hard. To make things slightly easier, we've compiled this list of fundraising startups for our subscribers.


Ticketing platform GlobalTix secures $4.9m series B
Oct 15, 2024

Ticketing platform GlobalTix secures $4.9m series B

The platform has issued over 12 million tickets annually since its 2013 launch.


Xiaohongshu hits $1b Q1 revenue
Oct 15, 2024

Xiaohongshu hits $1b Q1 revenue

The platform's user base has grown to 312 million monthly active users, a 20% increase from last year.


US weighs capping exports of AI chips from Nvidia and AMD to some countries
Oct 15, 2024

US weighs capping exports of AI chips from Nvidia and AMD to some countries

Officials are focused on Persian Gulf countries that have a growing appetite for AI data centres and the deep pockets to fund them.


 Leaked phone case suggests new iPhone SE 4 might have two cameras and no Action Button
Oct 15, 2024

Leaked phone case suggests new iPhone SE 4 might have two cameras and no Action Button

The new iPhone SE is starting to look very compelling. #iphonese4 #actionbutton #apple


We might see a new Apple Vision as early as next year
Oct 15, 2024

We might see a new Apple Vision as early as next year

We might be getting a new Apple Vision headset as early as next year. We've also heard some talks about cameras on AirPods, though we might not see those in a while.


Cross-border SEA sellers battle rise of Chinese platforms
Oct 15, 2024

Cross-border SEA sellers battle rise of Chinese platforms

The entry of TikTok Shop, Shein, and Temu is driving Southeast Asia’s cross-border merchants to overhaul their strategies.


APMCDRR 2024 highlights media’s role in disaster risk awareness
Oct 14, 2024

APMCDRR 2024 highlights media’s role in disaster risk awareness

The Asia-Pacific Ministerial Conference on Disaster Risk Reduction (APMCDRR) 2024 emphasized the media’s role in informing the public regarding the Philippines’ disaster management initiatives.  On October 14, 2024, distinguished speakers reiterated this message during the event’s media reception.  READ: Philippines improves disaster management with AI This segment also marks the first day of the Asia


Early Cloud Adopters Bridge the Data and Security Gap in Travel
Oct 14, 2024

Early Cloud Adopters Bridge the Data and Security Gap in Travel

[The content of this article has been produced by our advertising partner.] Doesn’t matter if you’ve finished ticking off your travel bucket list, chances are you’re already well familiar with Expedia and Airbnb, which have become huge success stories both within and outside of the travel industry. As one of the first online travel agencies and property marketplaces respectively, Expedia and Airbnb have no doubt blazed the trail by adopting AI and cloud computing relatively early in their business. With Amazon Web Services (AWS) at the back-end, the companies have bridged the gap in data processing and security, successfully standing out from the pack to create exciting new experiences for customers.  Maximizing Performance to Accommodate Customer Demand Airbnb in particular, has come a long way since its humble beginnings. What started as two flatmates hosting conference attendees on air mattresses for extra cash, grew into an international peer-to-peer lodging platform that has since welcomed over 1.5 billion guests, forever changing how wanderlusts find accommodation. However, faced with service administration challenges in 2009, the one-year-old startup was struggling due to high customer demand, thus migrating nearly all of their functions to Amazon Web Services (AWS) for better efficiency. The entire database migration was done within just 15 minutes, meaning that users did not have to experience prolonged downtime, and Airbnb now uses Amazon Elastic MapReduce to process plus analyze over 50 Gigabytes of data daily, while housing backups and static files on Amazon Simple Storage Service. To simplify time-consuming administrative tasks, AWS Management Console completes replication, scaling and other difficult procedures associated with databases with a basic API call, enabling maximum performance across the board. Fueling Business Growth with Data Processing Prowess Expedia had engaged the AWS team in 2010 with a similar goal: improve processing speed and accuracy to keep site abandonment…


Vivo launches premium X200 smartphone weeks after Apple, Huawei release new handsets
Oct 14, 2024

Vivo launches premium X200 smartphone weeks after Apple, Huawei release new handsets

The X200 series marks the latest effort by Vivo to crack the global smartphone industry’s lucrative high-end segment.


Vivo launches premium X200 smartphone weeks after Apple, Huawei release new handsets
Oct 14, 2024

Vivo launches premium X200 smartphone weeks after Apple, Huawei release new handsets

The X200 series marks the latest effort by Vivo to crack the global smartphone industry’s lucrative high-end segment.


GoTyme Bank and PNP ACG team up to pursue cybercriminals
Oct 14, 2024

GoTyme Bank and PNP ACG team up to pursue cybercriminals

GoTyme Bank, a collaboration between the Gokongwei group of companies and the multi-country digital banking group Tyme, recently signed a Memorandum of Agreement (MOA) with the Philippine National Police Anti-Cybercrime Group (PNP ACG) in a bid to crack down on cybercriminals and bring them to justice, further strengthening defenses against online threats.


Alibaba, JD.com, Pinduoduo launch campaigns for Singles’ Day shopping festival on same day
Oct 14, 2024

Alibaba, JD.com, Pinduoduo launch campaigns for Singles’ Day shopping festival on same day

The e-commerce rivals’ respective promotions look to benefit from healthier consumer spending on the back of Beijing’s stimulus measures.


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