ByteDance-owned TikTok hopes to more than quadruple the size of its worldwide e-commerce operations to as much as $20 billion in merchandise sales this year, relying on growth in Southeast Asia, Bloomberg News reported on Wednesday, citing people familiar with the matter. The increase compares to last year’s $4.4 billion in gross merchandise value, representing the worthRead more
Focusing on collaboration: Ni says TNGD will not be applying for a digital banking licence for now as it prefers to work with other banks in the country. PETALING JAYA: TNG Digital Sdn Bhd (TNGD) aims to be strategic with its growth plans after having made significant strides in the financial technology industry since itsRead more
MENLO PARK (California), Sept 29 — Meta Platforms used public Facebook and Instagram posts to train its new Meta AI virtual assistant, but excluded private posts shared only with family and friends in an effort to respect consumers’ privacy, the company’s top policy executive told Reuters in an interview. Meta also did not use privateRead more
In an era marked by increasing digitalization and rampant cyberthreats, the Asia-Pacific (APAC) region faces a critical challenge: a significant shortage in cybersecurity talent. Coupled with the rapid advancement of malicious techniques, there is an urgent need for innovative solutions to bolster cyber-defenses. As of 2022, the Asia-Pacific (APAC) region had a shortfall of 2.1Read more
Chief executive officer Desmond How sees Malaysia as an important market due to familiar growth patterns witnessed in StorHub’s other locations in Singapore, China, Hong Kong, South Korea, Japan, Thailand and Australia. KUALA LUMPUR: StorHub Malachite 1 Sdn Bhd (StorHub Self Storage Malaysia) is eyeing strategic property acquisitions across key regions like the Klang Valley,Read more
KUALA LUMPUR: ITMAX System Bhd has secured a contract worth RM111.24mil from Iskandar Puteri City Council (MBIP) for the provision of video surveillance and smart traffic light system services. In a filing with Bursa Malaysia, ITMAX said its 65% owned subsidiary, Southmax Sdn Bhd (SSB) accepted a letter of award from MBIP in relation toRead more
FOBO due to technology has risen among every demographic group surveyed, across education, gender, age and income level. — Photo by CoWomen on Unsplash You may have never heard of FOBO, the fear of becoming obsolete. But younger workers and college graduates are increasingly feeling FOBO due to technology, recent Gallup data shows. Overall, 22% of US workersRead more
Tech firm HubSpot produced new AI tools for proactive consumer services. Transforming consumer demands has transformed the way businesses offer their services. This is why new Generative AI tools have started to step in to improve businesses’ approach with customers. An example of this upgraded AI tool is HubSpot’s own AI-powered product which has featuresRead more
The LazMall Brands Future Forum 2023 recognised top performing and innovative brands that deliver exceptional online shopping experiences to consumers in South-East Asia. LAZADA, South-East Asia’s ecommerce pioneer, hosted the fourth edition of the LazMall Brands Future Forum (BFF) on Aug 31 at Marina Bay Sands Expo & Convention Centre, Singapore. The annual conference broughtRead more
Generative artificial intelligence (AI) is positioned on the Peak of Inflated Expectations on the Gartner, Inc. Hype Cycle for Emerging Technologies, 2023 and is projected to reach transformational benefit within two to five years. In a statement, the research firm said generative AI is encompassed within the broader theme of emergent AI, a key trendRead more
by Jagole | Powered by 
Recent Comments