The Malaysian Pulse
Beat of the Nation
Mon, 26 Jul 2021, 5:17 AM
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Zomato’s IPO, explained
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Ex-Careem exec’s B2B marketplace lands $3.5m in SOSV-led round
Dastgyr, a marketplace that connects suppliers with mom and pop retailers in Pakistan, announced that it has raised a US$3.5 million in a seed round led by venture capital firm SOSV.
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Mark Zuckerberg shades Jeff Bezos’ space flight with stealthy Instagram ‘like’
Things may be awkward between Mark Zuckerberg and Jeff Bezos at the next secret billionaire gathering.
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Pregnant person among new gender-neutral emoji proposed for launch
The final list of approved emoji will be announced in September as part of Emoji 14.0 and is expected to roll out to the public in 2022.
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This tiny wristband measures your blood pressure without you noticing
In the process, the wristband glows with green light on the inside to determine how the arteries pulse under the surface of the skin.
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Robinhood CEO says he is considering offering U.S. retirement accounts
(Reuters) - Robinhood Markets Inc is considering launching U.S. retirement accounts, CEO and co-founder Vlad Tenev said on Saturday in a webcast with users of its trading app looking to participate in its initial public offering, which is set to price next week.
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'Ears and Burgers': Feed hungry, hungry rabbits on your phone
Looking for a fun and simple game? 'Ears and Burgers' might be up your alley.
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The fast and the flexible
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Twitter is working on voice filters for Spaces
SAN FRANCISCO, July 24 ― There are now filters for everything, it seems!
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How sharing photos of kids unintentionally helps paedophile platforms
Cybercrime specialists warn parents posting photos of their kids to Instagram or Facebook that paedophiles are trawling the web to share these kinds of photos on dubious forums.
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‘Oof,’ ‘yeet,’ ‘deplatform,’ among Dictionary.com’s newest words
Dictionary.com's latest additions to the English speaking lexicon include several Covid-19 related phrases and increasingly common expressions like “yeet,” and “oof”.
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VW to take on Tesla and Google with new software division
Europe's largest car group Volkswagen is taking on Google and Tesla, working on its own vehicle operating system.
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Zoom releases ‘apps and events’ features in major update
Zoom is introducing two new features – Zoom Apps and Zoom Events – which enable users to use third-party apps and organise virtual conventions within the platform.
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I see peach, you see... something else: top emojis causing confusion
In online chats without body language, emojis are crucial. But linguists say many of these symbols have meanings and variations we don't always realise.
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Judge grants U.S. FTC more time to file amended complaint against Facebook
(Reuters) -A U.S. judge on Friday gave the U.S. Federal Trade Commission until Aug. 19 to file an amended complaint in its antitrust lawsuit against Facebook Inc, an extension of three weeks from the previous deadline.
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Former Virgin Galactic CEO to fly to space - CNBC
(Reuters) - Former chief executive officer of Virgin Galactic Holdings, George Whitesides, will fly to space on the aerospace company's next test spaceflight, CNBC reported on Friday.
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EV startup Rivian announces $2.5 billion funding round led by Amazon, Ford
DETROIT (Reuters) - Electric car startup Rivian said on Friday it has closed a $2.5 billion fundraising round led by investors Amazon.com, Ford Motor Co and T. Rowe Price.
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Vodafone plans to launch additional share buy-back programmes this month
(Reuters) - UK's Vodafone Group said on Friday it intends to launch additional share buy-back programmes over the next eight months to partially offset the increase in the company's issued share capital due to maturing of a convertible bond programme.
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Electric air taxi startup Joby to add LinkedIn co-founder, Google exec to board
(Reuters) - Electric air taxi startup Joby Aero Inc will add Silicon Valley heavyweight Reid Hoffman and executives from Google and Toyota to its board, as the company prepares to go public through a merger with a blank-check firm.
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Exclusive-Facebook's Kustomer deal set to face EU antitrust investigation
BRUSSELS (Reuters) -Facebook's acquisition of U.S. customer service startup Kustomer is set to trigger a full-scale EU antitrust investigation next month, three people familiar with the matter said on Friday.
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Alphabet to launch robotics firm Intrinsic under its other bets unit
(Reuters) - Alphabet Inc's secretive research unit said on Friday it will launch Intrinsic, its new robotics software and artificial intelligence project, under the Google parent's segment that houses futuristic businesses such as Verily and Waymo.
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BNPL Firm Atome Records 100X Order Volume Growth in Malaysia
Singapore-based buy now pay later (BNPL) platform Atome announced that its order volume in Malaysia has grown by 100X in the first half of the year.
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Report: Chinese F&B major Meicai mulls shifting IPO from US to Hong Kong
Details: Meicai has begun preparations for a Hong Kong listing, people familiar with the matter said.
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Philippine central bank orders halt on social media platform Lyka’s payment system ops
The Central Bank of the Philippines (Bangko Sentral ng Pilipinas or BSP) has ordered social media platform Lyka to cease its operation of payment system (OPS) activities.
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Go, grow, and glow: The startups that are taking off in Southeast Asia
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S.Africa's Transnet says has identified and isolated the source of IT disruption
JOHANNESBURG (Reuters) - South Africa's state-owned firm Transnet said on Friday it had identified and isolated the source of the disruption to its IT systems, which impacted its container terminals.
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As Spain swelters and COVID cases grow, pool renting app thrives
ARROYOMOLINOS, Spain (Reuters) - A cooling dip in the mid-July swelter of central Spain no longer requires owning a private pool, or risking COVID-19 contagion at crowded public swimming facilities, Aura Cenet discovered.
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White House sees YouTube, Facebook as 'Judge, Jury & Executioner' on vaccine misinformation
WASHINGTON (Reuters) - The White House has YouTube, not just Facebook, on its list of social media platforms officials say are responsible for an alarming spread of misinformation about COVID vaccines and are not doing enough to stop it, sources familiar with the administration's thinking said.
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Explainer-Understanding structural EV batteries
(Reuters) - The newest generation of structural batteries for electric vehicles comes in a variety of shapes and sizes.
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Trying to fight Covid misinformation, White House risks falling into same feedback loop
The Biden administration’s campaign against Covid-19 misinformation risks falling prey to the same phenomenon it seeks to combat.
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Intel, TI split leaves chip outlook in doubt
(Reuters) - Two major chipmakers this week gave very different views of whether soaring demand for semiconductors will start to ease in the second half of the year, and it may take another round of earnings next week to settle the question.
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Uber, Lyft drivers strike to win labour rights for US gig workers
Drivers for Uber and Lyft have staged strikes in cities across the United States, urging Congress to grant gig workers the right to band together and push for better wages and working conditions.
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Why Indonesia’s tech giants find digital banks irresistible
After a few years of relative quiet, Indonesia’s digital banking scene has suddenly heated up.
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Singapore public transport booking startup Easybook banks nearly $5m in fundraise
Singapore-based Easybook, an online platform for booking trains, buses, and ferries, has raised nearly US$5 million from Malaysian boutique investment firm Emissary Capital.
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VCs, startups in SEA to raise $10m to provide oxygen concentrators in Indonesia
Startups and venture capital firms in Southeast Asia are raising US$10 million under the Oxygen for Indonesia (OxyID) initiative to provide 10,000 oxygen concentrators to the country, which is current...
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Report: Ant Group-backed fintech firm Mynt looks to double its valuation to $2b
Details: Mynt, the group that operates the GCash app, is currently in talks with existing and prospective shareholders to raise fresh funds.
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Singapore sports content platform 1 Play Sports raises $2.5m in funding
Singapore-based 1 Play Sports has received US$2.5 million from investment firms ThinKuvate and H Capital Investment, as well as other high-profile angel investors, its co-founder and CEO Mohit Lalva c...
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Report: Tencent launches gaming studio in Canada after two other acquisitions
Details: TiMi Studio Group, Tencent’s video game development subsidiary, launched TiMi Montreal in Canada’s Quebec province.
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Malaysian car bidding platform names former BMW exec as CEO
Malaysian car bidding platform myTukar has appointed former BMW executive Jeffrey Ong as its new CEO.
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myTukar appoints former BMW exec as CEO
USED car platform, myTukar, announced the appointment of former BMW exec, Jeffrey Ong (pic) as its new chief executive officer (CEO). Ong succeeds former CEO, Fong Hon Sum, who assumed the role of myT...
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Is there a physical Covid-19 vaccination cert? JKJAV says no
In a post on Twitter today (July 23), JKJAV said proof of Covid-19 vaccination is only available in two forms, namely the digital certificate in MySejahtera and the vaccination card given out at PPVs.
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New WhatsApp feature will send a warning if you don’t do this within a fortnight
WhatsApp has been working on its View Once feature for quite some time now. As per reports, the Facebook-owned messaging app has started rolling out this feature to the beta users of its Android app.
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India's top court rejects telecom firms' plea on dues, shares hit
NEW DELHI (Reuters) -India's top court rejected on Friday a plea by mobile carriers seeking corrections of what they called errors in the government's calculation of their dues, leading to a slump in the shares of embattled Vodafone Idea.
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Vodafone posts 3.3% rise in Q1 revenue as Europe returns to growth
LONDON (Reuters) - Mobile operator Vodafone reported a better-than-expected 3.3% rise in first-quarter service revenue on Friday, including a one-off gain of around 1.0 percentage point following COVID-19 disruption last year.
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Woman’s rant about her outfit heard by colleagues on Zoom; goes viral on TikTok
A woman was left embarrassed after her colleagues heard her ranting about getting dressed up for a Zoom call with them only to find all their cameras turned off, as she had forgotten to mute herself on the work call.
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Feline lucky? New Google Doodle lets you compete in seven minigames as cat ninja
Lucky’s goal is to collect seven sacred scrolls. If players complete a minigame with a high score, Lucky will be rewarded with dangos (a Japanese treat made from rice flour).
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India court rejects plea for relief on US$14bil telecom dues
India’s Supreme Court rejected telecom companies's petitions, part of a a two-decade-long dispute, to reassess how much they owe the government as charges for airwaves usage.
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India court quashes Amazon, Walmart's Flipkart bid to stall antitrust probe
MUMBAI (Reuters) -An Indian court on Friday dismissed appeals by Amazon.com Inc and Walmart's Flipkart that sought to stall an antitrust investigation into their business practices, dealing a major setback to the U.S. firms in a key market.
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AI’s human protein database a ‘great leap’ for research
Scientists on July 22 unveiled the most exhaustive database yet of the proteins that form the building blocks of life, in a breakthrough observers said would “fundamentally change biological research”.
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Kaseya gets master decryption key after July 4 global attack
The Florida company whose software was exploited in the devastating Fourth of July weekend ransomware attack, Kaseya, has received a universal key that will decrypt all of the more than 1,000 businesses and public organisations crippled in the global incident.
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Vietnam tech unicorn VNG expects loss to reach $27m in 2021
Vietnamese tech unicorn VNG expects a loss of about US$27 million for the year due to the effects of Covid-19 and further investment to grow its payment business, according to a statement from the com...
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Telkomsel’s investment arm appoints former Waze country head as CEO
Telkomsel Mitra Inovasi (TMI), the investment arm of Indonesia-based telco company Telkomsel, has appointed Marlin R Siahaan as its new chief executive.
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Matrade targets RM60mil export sales via eBizLink programme
THE Malaysia External Trade Development Corporation (Matrade) plans to assist 600 Malaysian companies achieve RM60mil export sales globally via its eBizLink programme.
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Twitter lets selected iOS users downvote replies to tweets
KUALA LUMPUR, July 23 ― Selected iOS users can now upvote or downvote replies that they see as part of a new feature that Twitter is testing.
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Audio chat forum Clubhouse opens to all
SAN FRANCISCO, July 23 ― The Clubhouse audio chat forum on Wednesday opened its virtual rooms to all comers, ending an invitation-only mode that was a coveted ticket during the pandemic.
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Ant-backed Zomato jumps 53% above offer price in India market debut
BENGALURU (Reuters) - Shares of Indian food delivery firm Zomato Ltd opened at a 52.6% premium to their initial public offering price on Friday, in the country's first stock market listing of a startup valued at more than $1 billion.
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China crypto miners plot their next moves to evade crackdown
Despite China's crackdown on crypto mining, enthusiasts are exploring lesser known parts of the ecosystem as they try to stay in the game.
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Algeria launches probe into Pegasus spyware claim
Algeria's public prosecutor is launching an investigation into media reports that the country may have targeted by the controversial Pegasus spyware.
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India's pandemic-hit lunchbox men battle food delivery start-ups
India's lunchbox deliverymen are collaborating with a restaurant chain to challenge food delivery startups.
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Amazon’s mission: Getting a ‘key’ to your apartment building
Amazon wants to let itself into your apartment building.
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India’s DNA data law seen to harm minorities, hurt privacy
A proposed Indian law on the collection and use of genetic data to tackle crime can violate privacy, and target minorities and marginalised communities disproportionately, according to technology experts and human rights groups.
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‘Giant can of worms’: Amazon’s battle against product recalls is on
A US safety regulator’s decision last week to sue Amazon.com Inc could bring clarity to a question that has long befuddled courts and state legislatures nationwide: Who is responsible when a product bought from the world’s largest online retailer hurts or kills someone?
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You can now auto translate text in Instagram Stories
SAN FRANCISCO, July 23 ― Instagram is hoping to break down language barriers on the platform with a new option for its Stories format.
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You will soon be able to tip your favourite YouTubers
SAN FRANCISCO, July 23 ― Tips aren't just for waiters, it seems.
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Expect record breaking zoom from the Huawei P50 Pro
On July 29, the Chinese manufacturer Huawei is set to unveil its brand new P50 Pro handset, which once again promises to push back the limits of smartphone photography.
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Snap beats user, revenue estimates with highest growth in 4 years
(Reuters) -Snap Inc on Thursday beat Wall Street estimates for users and revenue in the second quarter, notching the highest growth rates since late 2017 as new features on its messaging app Snapchat attracted more users.
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Intel sales forecast implies rocky second half of 2021 amid supply constraints
(Reuters) -Chipmaker Intel Corp said on Thursday it still faces supply chain constraints and gave an annual sales forecast that implied a weak end of the year.
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Twitter beats revenue targets with ad improvements, shares jump 7%
(Reuters) -Twitter Inc on Thursday reported higher revenue growth than Wall Street had expected, as the social media platform rolled out ad targeting improvements and said changes by Apple to keep iPhone user data private had hit ad revenue less than anticipated.
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U.S. developing plans to spend $52 billion on chips supply -Commerce Department
WASHINGTON (Reuters) - The Biden administration is developing plans to quickly spend $52 billion to deal with semiconductor supply issues if Congress passes a bill funding such efforts, U.S. Commerce Secretary Gina Raimondo said on Thursday.
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Google is starting to tell you how it found Search results
(Reuters) - Alphabet's Google will now show its search engine users more information about why it found the results they are shown, the company said on Thursday.
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Temasek-owned Vertex Venture to issue bonds worth $330m
Vertex Venture Holdings, the venture capital arm of Singapore state-owned investor Temasek Holdings, is issuing S$450 million (US$330 million) in bonds.
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Report: China mulls delisting, other penalties on Didi after IPO in the US
Details: According to the sources, Chinese officials are eyeing sanctions for Didi Global, including the imposition of a fine, suspension of certain operations, or the introduction of a state-owned i...
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Indonesian fintech firm Xendit invests in Philippines-based payment platform
DragonPay, a payment platform headquartered in the Philippines, received strategic funding from Jakarta-based fintech firm Xendit.
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Spyware for sale: The booming trade in surveillance tech
PARIS, July 22 — Israeli’s NSO Group is in the eye of a storm over its Pegasus spyware — but it is far from the only company helping governments with their covert surveillance operations.
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Russia fines Twitter for failing to delete content -TASS
MOSCOW (Reuters) - A Russian court on Thursday fined U.S. social media giant Twitter 5.5 million roubles ($74,409.80) for alleged failure to delete content Moscow deems illegal, the TASS news agency reported.
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UK court rules Autonomy's Lynch can be extradited to face US charges
LONDON (Reuters) -A British court said on Thursday that Mike Lynch, the British tech billionaire who sold his company Autonomy to Hewlett Packard, can be extradited to the United States to face charges including securities fraud related to the $11 billion deal.
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Uber's trucking unit to buy logistics planner Transplace for $2.25 billion
(Reuters) -Uber Technologies Inc's trucking business is buying transportation logistics company Transplace for about $2.25 billion from private equity firm TPG Capital, in a deal that is expected to speed up the unit's path to profitability.
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Factbox-States using ID.me, rival identity check tools for jobless claims
(Reuters) - Twenty-seven U.S. states are using identity proofing service ID.me, which compares selfies to official photo documentation, to vet whether jobless applicants are who they say they are, according to the company. Its fast growth has generated scrutiny.
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Spending to fight U.S. unemployment fraud brings boost, scrutiny to Alphabet-funded ID.me
(Reuters) - An unprecedented number of people falsifying identities to claim U.S. jobless benefits during the pandemic sparked a surge in government spending to curtail the fraud, creating a fierce new battle in the identification business.
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CIMB’s EVA Chatbot Is Now Available To SME Customers
CIMB Bank and its Islamic subsidiary have introduced the EVA chatbot for small and medium enterprise (SME) customers, a conversational style and real-time commercial banking chatbot in Malaysia.
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India’s ‘Uber for trucks’ joins unicorn club with $67m series E round
BlackBuck, an Indian online platform that connects companies with truck operators, announced that it has raised US$67 million in a series E round.
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Report: Employees blast Ubisoft Singapore over sexual harassment, discrimination
Details: Many of the toxic working conditions were present under the studio’s former managing director Hugues Ricour.
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Gojek to integrate Bank Jago as cashless payment method on its app
Bank Jago, an Indonesia-based digital bank, announced that it has become one of the cashless payment methods on the Gojek app.
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Indian edtech startup BitClass acquihires platform for millennials
India-based edtech startup BitClass has acquihired Chase, a Bengaluru-based exploration and learning digital platform designed for millennials.
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Dissecting Southeast Asia’s healthtech industry
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Daimler to invest more than 40 billion euros by 2030 in electric vehicles
LONDON (Reuters) - Mercedes-Benz maker Daimler said on Thursday it would invest more than 40 billion euros ($47 billion) between 2022 and 2030 to develop battery electric vehicles (EVs), and from 2025 all new vehicle platforms would only make electric cars.
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Anger and accusations worldwide as Pegasus spy scandal deepens
Consternation is growing internationally following a series of leaks about the Israeli-produced Pegasus surveillance software.
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Exclusive-Former top U.S. consumer regulator joins crypto risk monitoring firm
WASHINGTON (Reuters) - Cryptocurrency startup Solidus Labs has hired the former director of the U.S. Consumer Financial Protection Bureau (CFPB) as its top regulatory official, she told Reuters.
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Russia fines Facebook, Telegram for failing to delete content -Ifax
MOSCOW (Reuters) - A Russian court on Thursday fined U.S. social media giant Facebook 6 million roubles ($81,350) and messaging app Telegram 11 million roubles for failing to delete content Moscow deems illegal, the Interfax news agency reported.
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AT&T beats wireless additions estimate on 5G demand, raises FY growth forecasts
(Reuters) -AT&T Inc on Thursday beat analysts' estimates for monthly phone bill paying subscriber additions in the second quarter, fueled by more Americans upgrading to 5G phones.
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Briton held over 2020 Twitter hack to appear in court in Spain, source says
MADRID (Reuters) - A 22-year-old Briton arrested in Spain in connection with a Twitter hack which compromised the accounts of several U.S. politicians in 2020 is due to appear by video call in the Spanish high court on Thursday, a judicial source told Reuters.
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French government blames Orange's slow crisis management of its network outage
PARIS (Reuters) - Orange, France's biggest telecoms firm, failed to swiftly alert the country's authorities about the extent of the network outage that affected calls to emergency services for several hours last month, according to a government report released on Thursday.
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Mobile Internet disruptions seen in Iran amid water protests
Mobile phone Internet service in Iran is being disrupted a week into protests in the country’s southwest over water shortages, a monitoring group said Thursday, unrest that has seen at least three people killed.
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One of world’s largest chipmakers worries industry will make too many semiconductors
Chipmakers from Taiwan to the US are cranking up production to address shortages that have hammered automakers and other customers as they try to emerge from the coronavirus pandemic.
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Rebooting SME Banking in Southeast Asia
Despite playing a significant role in Southeast Asian economies, most small and medium-sized enterprises (SMEs) still have limited access to financing and remain to this day largely underserved by tra...
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Can Coupang shake up the Lazada-Shopee dynamic?
Welcome to The Checkout! Delivered every Thursday via email and through the Tech in Asia website, this free newsletter breaks down the biggest stories and trends in ecommerce.
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Email marketing platform nets $2m in seed round led by Y Combinator, Surge
Mailmodo, an email marketing platform that helps marketers create app-like experiences within emails, has raised US$2 million in its latest funding round.
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Singapore startup that aims to be the Airbnb for cars nets $3.2m in pre-series A round
Singapore-based shared mobility startup, Drive Lah, has raised US$3.2 million in a pre-series A round led by KFC Ventures.
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Vertex Ventures leads Indonesian F&B brand’s series A round
Dailybox, an Indonesia-based food and beverage brand, announced that it has raised an undisclosed amount of series A funding in a round led by Vertex Ventures Southeast Asia.
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Singapore fintech startup Thunes acquires European payments platform
Singapore-based fintech startup Thunes announced it has acquired Limonetik, a European payments platform, to set up an integrated payments solution for businesses called Thunes Collections.
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Can Coupang out-Amazon Amazon in Southeast Asia?
“How did I ever live without Coupang?” That is the dazzling mission statement of South Korea’s most valuable tech startup – a motto that seems more applicable to the country’s legacy conglo...
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Indonesia’s GudangAda raises $100m from Asia Partners, Falcon Edge
GudangAda, an Indonesian business-to-business online marketplace, announced that it has raised more than US$100 million in its latest round.
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Sunseap to build world’s largest floating solar panel farm in Indonesia’s Batam Island
Singapore greentech firm Sunseap has agreed to build a floating photovoltaic system (FPV) and energy storage system (ESS) on a reservoir in Indonesia’s Batam Island in collaboration with Badan Pengu...
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Prosus, East Ventures co-leads $35m round of Indonesian fishery startup
Aruna, an Indonesia-based marine and fishery startup, announced it has raised US$35 million in its latest round of funding.
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iMedia acquires 100% stake in e-commerce platform, Favful
MALAYSIA’S integrated digital media group, iMedia has acquired a 100% stake in Lovelife Technologies Sdn Bhd, owner and operator of beauty e-commerce platform and marketing company, Favful.
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Schneider Electric appoints Manish Pant as EAJ zone president
SCHNEIDER Electric has announced the appointment of Manish Pant (pic) as zone president of east Asia and Japan (EAJ). In a statement, the company said Manish, who is based in Singapore, will oversee t...
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India's Tata gets bullish on e-commerce just as rules threaten to transform market
NEW DELHI (Reuters) - India's Tata Group is taking a more vocal interest in rules shaping online marketplaces, hinting at ambitions as it reappraises its retail strategy just as e-commerce reform threatens to muddy plans.
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Exclusive: India watchdog accuses Amazon of concealing facts in deal for Future Group unit
NEW DELHI (Reuters) - India's antitrust regulator has accused Amazon.com Inc of concealing facts and making false submissions when it sought approval for a 2019 investment in a Future Group unit, a letter to the U.S. e-commerce giant seen by Reuters showed.
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Bitcoin hovers around $32,000 after boost from Musk, Ark’s Wood
Bitcoin's value maintained at RM135,000, following bullish comments from tech bosses Elon Musk, Jack Dorsey and Cathie Wood.
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PUBG Mobile National Championship 2021 winner Gritg Ares takes home RM30,500
The event which offered a RM100,000 prize pool saw Gritg Ares beating 15 other teams.
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Neuralink competitor raises US$20mil for brain implants
Brain-computer science startup Paradromics raised RM84.49mil, getting it on track to introduce a new generation of powerful and tiny electrodes to the human brain.
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Australian regulator to probe Amazon, eBay among online markets
SYDNEY (Reuters) - The Australian antitrust regulator on Thursday began an inquiry into the local units of Amazon.com Inc, eBay Inc and other online markets to ensure fairness in a sector where sales have soared through the coronavirus pandemic.
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Sweden's NENT reports rise in streaming subscribers, income
STOCKHOLM (Reuters) - NENT, the Swedish company challenging streaming giants like Netflix in the Nordics, reported a rise in subscribers and quarterly operating income as it expands beyond Scandinavia.
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Netflix turning to games as streaming growth slows
Netflix is facing a formidable challenge as it expands into video games to keep the attention of customers in the increasingly competitive world of streaming television.
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MCMC: More than 200K complaints received for communications and multimedia industry in 2020
Under complaints about telecommunications services, the top category was network issues which saw a total of 150,177 complaints, or 72% of the overall number of gripes in 2020.
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Facebook decided faith groups are good for business. Now, it wants your prayers
(Reuters) - Facebook has long sought your attention. In recent weeks, it has started asking for your prayers as well in a new tool now available for U.S. Facebook Groups.
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Billionaire who missed out on TikTok is trying to beat it
If you can't join them, beat them: Kuaishou Technology's founder is aiming to beat TikTok, which he failed to acquire when it was still in its fledgling stage.
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NASA rover preparing to take first Mars rock samples
NASA's Mars rover is to collect its first rock sample from the site of an ancient lake bed, as part of its mission to find signs of ancient life on the red planet.
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IBM and Amadeus integrate travel health platforms amid travel rebound
MADRID (Reuters) - Spain's Amadeus will integrate IBM's digital health pass into its Traveler ID platform in a bid to simplify the verification of passengers' health credentials during the boarding process, the companies said in a joint statement on Thursday.
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'I pump but don't dump' bitcoin, says Musk
Bitcoin advocate Elon Musk says he is personally invested in a range of cryptocurrencies, countering accusations that he manipulates the market.
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Better pay and ‘micro offices’: VC veteran ponders tech’s future
The global pandemic is shaking up Canada’s flourishing tech industry, pushing employers to embrace new work arrangements and offer competitive wages, says one of the country’s venture industry veterans.
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Tesla will 'most likely' restart accepting bitcoin as payments, says Musk
(Reuters) - Electric-car maker Tesla Inc will most likely restart accepting bitcoin as payments once it conducts due diligence on the amount of renewable energy used to mine the currency, Chief Executive Officer Elon Musk said at a conference on Wednesday.
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US agency pledges tough action to buttress ‘right to repair’
Americans would be freer to repair their broken cellphones, computers, videogame consoles and even tractors themselves, or to use independent repair shops, under changes being eyed by US federal regulators.
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Reports: Data of Tokyo Games ticket buyers leaked online
There was a leak of ticket buyers’ data in the run-up to the Olympic Games in Tokyo, according to reports.
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Partipost raises Extended Series A of US$5 mil
Partipost, as Asian crowd influencer marketing and commerce platform has received extended funding on their series A, with a total investment of US$5 million.
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Cocoon Capital’s 5th edition of Female Founders Mentoring Hours invites submissions
Singapore based VC, Cocoon Capital is launching the 5th edition of its Female Founders Mentoring Hours (FFMH). Supported by Enterprise Singapore and Amazon Web Services (AWS), 46 investors from the to...
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How much do Instagram influencers really make?
SAN FRANCISCO, July 22 ― The battle for likes is still raging on Instagram.
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YouTube says it pulled Bolsonaro videos for COVID-19 misinformation
RIO DE JANEIRO (Reuters) - YouTube said on Wednesday it had removed videos from Brazilian President Jair Bolsonaro's channel for spreading misinformation about the coronavirus outbreak, becoming the latest tech giant to pull his pandemic pronouncements.
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After $27.7 billion deal, Salesforce aims to connect companies via Slack
(Reuters) - Business software maker Salesforce.com on Wednesday closed its $27.7 billion purchase of Slack Technologies Inc, a massive bet that Slack's workplace app will become popular for collaborations within and between companies.
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You can now join group calls in progress on WhatsApp
Someone called you, but you didn’t pick up in time? Don’t panic, WhatsApp is now letting users join group calls in progress. The messaging application has unveiled a new feature on its platform that shows users group calls currently underway.
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Massachusetts couple sues eBay over 'unrelenting' harassment campaign
(Reuters) - A Massachusetts couple sued eBay Inc on Wednesday for being subjected to an "unrelenting stream" of threats by its employees to stifle their online newsletter critical of the e-commerce company.
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Social audio app Clubhouse is no longer invite-only
(Reuters) - Live audio app Clubhouse has removed its invite system so that anyone can join the platform, it said on Wednesday.
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Indian sales engament platform bags $7.3m from Sequoia Capital India
Outplay, an India-based sales engagement platform, has raised US$7.3 million in its latest funding round.
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Singapore influencer marketing platform raises additional $1.5m for series A round
Partipost, a Singapore-based crowd influencer marketing platform, announced it has secured an additional US$1.5 million in funding on its series A round.
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Crypto miner Core Scientific to go public via $4.3 billion SPAC deal
(Reuters) -Core Scientific Holding Co said on Wednesday it would go public through a merger with a blank-check company backed by BlackRock Inc, in a deal that values the cryptocurrency miner at $4.3 billion.
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Five U.S. senators want to ensure Verizon TracFone deal does not raise prices
(Reuters) - Five Democratic U.S. senators on Wednesday urged the Federal Communications Commission ensure Verizon's proposed $6.9 billion acquisition of TracFone does not raise prices or impact government programs to provide access to mobile phones for low-income Americans.
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UK citizen arrested in Spain for role in 2020 Twitter hack
WASHINGTON (Reuters) - A 22-year-old British citizen was arrested in Spain on Wednesday on multiple charges in connection with a July 2020 hack of Twitter, which compromised the accounts of high-profile politicians, celebrities and companies, the U.S. Justice Department said on Wednesday.
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Global chip shortage will easily drag into 2022 -Stellantis CEO
DETROIT (Reuters) -The global semiconductor chip shortage that has hit automakers around the world and constrained vehicle production will easily drag into next year, the chief executive of the world's No. 4 automaker, Stellantis, said on Wednesday.
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Biden to convene private sector leaders for cybersecurity talks in August
WASHINGTON (Reuters) - President Joe Biden and senior U.S. officials will meet private sector leaders on Aug. 25 to discuss ways to beef up cybersecurity, a White House spokesperson said on Wednesday, underscoring the need for collective action.
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Infosys reopens offices as India Inc eyes long road back to work
BENGALURU (Reuters) - Indian outsourcing giant Infosys Ltd told employees last week they could resume work from offices, according to a memo seen by Reuters that offers an early sign of the country's $190 billion technology services sector moving to get back on track.
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Byju’s acquires US-based reading platform in $500m deal
Edtech juggernaut Byju’s has announced its acquisition of digital reading firm Epic in a deal worth US$500 million.
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Indian vegan lifestyle brand Zouk raises $1.5m in Stellaris-led round
Zouk, a vegan lifestyle brand based in India, is looking at expanding its reach overseas after netting US$1.5 million in a pre-series A round led by Stellar Ventures.
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How Zomato’s IPO presentation deck delivered
Every day, 100k+ smart people read our newsletter.
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Employment Hero banks over $100m to expand in SEA, Western Europe
HR platform Employment Hero banked S$140 million (US$102 million) in its latest funding round, tripling its valuation to S$806 million (US$590 million) in six months.
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Endeavor Malaysia picks 8 companies for its ScaleUp Endeavor Cohort 2
Endeavor, a global high-impact entrepreneurship movement that works with growth stage businesses in 40 markets around the world have selected eight companies for its second cohort of ‘ScaleUp Endeav...
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Netflix's gaming foray will cost time and money -Wall St
(Reuters) - Wall Street analysts welcomed Netflix's planned plunge into mobile gaming on Wednesday, calling it a sensible move to keep users' eyes on screens while worrying it would take significant time and investment to pay off.
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Argo AI, Ford and Lyft to launch self-driving ride-hail service in Miami and Austin
AUSTIN (Reuters) - Self-driving startup Argo AI, carmaker Ford Motor Co and ride-hail company Lyft Inc on Wednesday said they partnered to offer robotaxi trips to Lyft customers in Miami and Austin.
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Canada's Rogers Communications beats quarterly revenue estimates
(Reuters) -Canada's Rogers Communications Inc on Wednesday reported second-quarter revenue that beat analysts' estimates, helped by a pick up in advertisement sales and as its cable business benefited from a pandemic-driven shift to remote work and entertainment.
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Big Tech spent millions on lobbying amid antitrust scrutiny
The largest US technology companies continued to spend millions on lobbying last quarter, seeking to sway legislation intended to bolster antitrust enforcement and force other changes on the industry.
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Verizon results beat estimates as 5G push attracts more customers
(Reuters) -Verizon Communications Inc on Wednesday beat estimates for quarterly results, as higher demand for 5G-related services and devices helped the wireless carrier add more subscribers at a brisk pace.
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E-commerce giant Alibaba kicks off ‘largest ever’ recruitment drive for new graduates
Alibaba’s latest recruitment drive opens up new positions in the company and at its major units like Ant Group, Cainiao and Alibaba Health. Hi-tech jobs on offer include those in the fields of computer engineering, data science, blockchain and security engineering.
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Forbes China names Alibaba founder Jack Ma country’s most generous entrepreneur in 2020, as tech giants top charity list
Jack Ma donated nearly US$500mil in 2020, a year that ended with his companies Alibaba and Ant Group facing mounting regulatory pressure from Beijing. Tencent founder Pony Ma and ByteDance founder Zhang Yiming also made the top five, with China’s tech industry becoming the most charitable for the year.
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CD Projekt studio releases The Witcher monster-hunting mobile game
(Reuters) - CD Projekt is stepping up its efforts in the mobile games market with its free-to-play "The Witcher: Monster Slayer", which premiered on Wednesday, as the Polish company seeks to tap into a fast-growing sector.
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Pakistan blocks TikTok again over ‘inappropriate content’
The popular TikTok video-sharing app was blocked Wednesday in Pakistan for a fourth time because of “inappropriate content”, the country’s telecommunication regulator said.
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Floods in central China: Alibaba, Tencent, ByteDance and Meituan rush to donate to relief efforts
The rush of donations comes as China’s tech companies are under scrutiny for putting profit ahead of social responsibility. Video clips of muddy water washing away cars and people on the streets of Zhengzhou, a city of 10 million, went viral on Chinese social media on Wednesday.
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Convicted eBay cyberstalker blames alcoholism, seeks leniency
A former EBay global security manager who admitted joining a bizarre cyberstalking campaign against an online critic blames alcoholism and a culture of heavy drinking at the company for his poor judgment and an incriminating “thumbs up” emoji he texted to a co-conspirator.
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Exclusive-BT takes multi-million pound stake in cyber firm Safe Security
LONDON (Reuters) -British telecoms group BT has taken a multi-million pound stake in Silicon Valley cyber risk management firm Safe Security, underlining its ambition to target growth in the sector, the company said on Wednesday.
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Jirnexu Inked Deals With More Than Five Digital Banking Consortia
Malaysian fintech company Jirnexu announced that it has signed strategic partnership agreements with more than five consortia in their bids for a digital banking license.
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AC Ventures leads pre-series A round of Indonesian SaaS firm Majoo
Indonesian business software-as-a-service provider Majoo is closing its pre-series A funding round, its founder Adi Wahyu Rajadi told Tech in Asia on Wednesday.
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GrabPay adds Adyen to PayLater options amid BNPL boom
Super app Grab has boosted customers’ buy now, pay later (BNPL) choices in Singapore and Malaysia by expanding its partnership with payment company Adyen.
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Korean food delivery major Woowa Brothers joins Shiok Meats bridge round
Sustainability is the new holy grail for startups in Southeast Asia.
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​ShopeePay drives Thailand’s digital payment adoption forward
SHOPEEPAY has announced its commitment for the second half of 2021 and is aimed at driving a fully-integrated digital payment forward in Thailand, with the objective of leveraging technology to raise ...
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Employment Hero raises US$99mil in Series E round, set to expand further
HR platform, Employment Hero has announced that it has raised US$99mil (RM420mil) in a Series E funding round led by US-based Insight Partners.
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Apple to release all 5G enabled iPhones for 2022 lineup, reports Nikkei
TOKYO, July 21 — Apple Inc will release from next year only 5G-enabled iPhones and will revamp its budget handset after for the first time in two years, Nikkei reported today, citing sources familia...
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Digital detox: The apps that help you cut down on smartphone use
PARIS, July 21 — From morning to night, the smartphone is a tool that seems to accompany us in all our day-to-day activities.
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A Chinese father and daughter are in critical condition after e-bike they were riding explodes
People have donated over 2mil yuan (US$262,000) to support the family after the incident went public. The e-bike industry is alarmed as spontaneous explosions while riding are extremely rare.
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UK to clamp down on online rip-offs
Britain on Tuesday unveiled plans to clamp down on online deception that can cost consumers heavily.
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TM increases RM38 Unifi Broadband Lite 1Mbps monthly data cap from 1GB to 50GB
The plan is aimed at users living in areas without fibre connectivity.
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China fines Tencent, tech giants over child exploitation
Chinese Internet regulators slapped fines on technology firms including Tencent Holdings Ltd and Alibaba Group Holding Ltd for spreading sexually suggestive content involving children.
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Bitcoin climbs back over $30,000
SINGAPORE (Reuters) - Bitcoin recovered from a one-month low and broke back above $30,000 on Wednesday, suggesting firm support around that level even as the mood in broader financial markets remained fragile.
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Beijing calls out Amazon, ByteDance, NetEase for violating users’ rights in latest crackdown
The 145 named apps have until July 26 to take corrective measures or face punishment, the Ministry of Information Technology (MIIT) said on Monday. The MIIT has named and shamed over 1,300 apps since 2019 for illegally collecting user information, requesting excessive permissions or misleading customers.
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Hoe no! Facebook snafu spells trouble for gardening group
Facebook’s algorithms sometimes flag the word “hoe” as “violating community standards”, apparently referring to a different word, one without an “e” at the end that is nonetheless often misspelled as the garden tool.
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Kita Jaga Malaysia website now available as mobile app
The app lets users reach out to others in need of aid, look for food banks or seek help by pinning White Flags on their location.
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China rejects Microsoft Exchange cyber hacking charge, accuses US of ‘massive’ eavesdropping
Chinese mission to the EU says ‘certain country in the West’ has abused its technological advantages for years, without naming US. Five of Beijing’s diplomatic missions denounce allegations of state involvement in Microsoft Exchange hack as political conspiracy.
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SAP lifts outlook as cloud push gains traction in Q2
BERLIN (Reuters) -German business software group SAP raised its outlook for the second time this year on Wednesday as a strategic push to help customers shift their IT operations to the cloud gained traction in the second quarter.
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ASML Q2 net profit jumps 38% on strong demand for computer chips
AMSTERDAM (Reuters) -ASML, one of the biggest suppliers to semiconductor companies worldwide, reported on Wednesday a 38% jump in second-quarter net income to 1.03 billion euros ($1.22 billion), as sales continued to soar amid a global computer chip shortage.
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China’s ‘iPhone City’ relocates 100,000 after floods leave 12 dead
Around 100,000 people have been relocated from Zhengzhou, the world’s biggest production base for iPhones, following widespread floods that caused at least 12 deaths.
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China travel blogger’s social media deleted, police investigate after ‘disrespectful’ pictures at veteran soldier’s cemetery
The pictures attracted widespread criticism after another blogger denounced them on Weibo. Soldiers buried at the cemetery include some who died in clashes during last year’s border dispute between China and India.
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Are Gig Platforms Doing Enough to Promote Financial Inclusion?
Comprising over 75 per cent of employment in Southeast Asia, gig workers provide the horsepower to fuel the region’s meteoric rise.
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Korean food delivery major Woowa Brothers joins Shiok Meats bridge round
Sustainability is the new holy grail for startups in Southeast Asia.
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Report: Indonesia’s Bukalapak raises $1.5b in country’s largest IPO
Details: Two of the sources said order books for Bukalapak’s IPO were multiple times covered.
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Alpha JWC Ventures leads autonomous vehicle startup’s $8m round
Venti Technologies, a US- and China-based autonomous mobility company, announced that it has raised US$8 million in funding led by Alpha JWC Ventures and LDV Partners.
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Employment Hero banks over $100m to expand in SEA, Western Europe
HR platform Employment Hero banked S$140 million (US$102 million) in its latest funding round, tripling its valuation to S$806 million (US$590 million) in six months.
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Parenting-focused, edamama, raises US$5mil funding round
PHILIPPINE-based startup Edamama, an ecommerce platform catered to mothers, said it has raised US$5 mil(RM20.8 mil) in its pre-series A round.
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Which are the most popular emojis? And some you might want to avoid
PARIS, July 21 — Which emojis do people use the most?
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Hong Kong to debate doxxing law that alarms tech companies
An anti-doxxing law being discussed by Hong Kong lawmakers is cause for tech giants there, who says it could hurt their ability to provide services.
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Tokyo Olympics: fury over unmasked Japanese fans greeting Chinese table tennis team
Video posted online shows three members of the public ignoring social distancing rules to take photos with squad. Japanese capital braces for fifth wave of coronavirus cases in countdown to start of Games on Friday.
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South Korea to create think tank for space programme
South Korea will create a space policy-oriented think tank, tentatively named the Korea Space Policy Research Center, to accelerate its role in the space race.
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YouTube intros new tip-jar feature, ‘Super Thanks’, which lets fans give money to creators
YouTube is adding another way for creators to get money: Super Thanks, a feature that lets fans send cash to their favourite channels – it’s like a permanent tip jar that will show up on all of a creator’s videos.
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Apple to release all 5G enabled iPhones for 2022 lineup - Nikkei
(Reuters) - All iPhones released next year will be 5G-capable, including Apple's first revamp of its budget handset in two years, Nikkei reported on Wednesday, citing sources familiar with the matter.
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Was your phone infected by Pegasus spyware? Here’s a way to find out for free
Pegasus software is able to gain vast amounts of information from a user and monitor them at will, without their ever coming to know about it.
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E-commerce firm Bukalapak prices Indonesia's biggest IPO at top end - sources
SINGAPORE (Reuters) - Indonesian e-commerce firm Bukalapak has raised $1.5 billion in its initial public offering, the country's largest issue, after pricing it at the top of an indicated price range, three sources familiar with the matter said on Wednesday.
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Facebook’s Biden defence lacks key data on spread of Covid lies
When US President Joe Biden said Friday that social networks like Facebook are “killing people” with the viral spread of Covid-19 misinformation, the company tried to defend itself. In a strongly-worded blog post, an executive attempted to redirect people to more positive data, on the ways Facebook has spread good information.
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Apple delays office return by at least a month as Covid spikes
Apple Inc is pushing back its return to office deadline by at least a month to October at the earliest, responding to a resurgence of Covid variants across many countries, people familiar with the matter said.
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You can now join group calls in progress on WhatsApp
SAN FRANCISCO, July 21 — Someone called you, but you didn’t pick up in time?
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Which are the most popular emojis? And some you might want to avoid...
Which emojis do people use the most? That’s one of the questions answered by Adobe’s latest Global Emoji Trend Report. From the most used to the least well-received, Adobe’s findings offer insight into how people use, interpret and perceive emojis.
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Digital detox: The apps that help you cut down on smartphone use
Whether you use it for work, leisure or planning your vacation, it can sometimes be hard to put your smartphone down. Fortunately, this device can also provide you with the means to learn to detach yourself from it.
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Tesla plans to open up its charging network to other EVs later this year
(Reuters) - Tesla Inc plans to open up its network of superchargers to other electric vehicles later this year, Chief Executive Officer Elon Musk said on Twitter.
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Netflix details video game push as it forecasts weak growth
(Reuters) -Netflix Inc said it would make a deeper dive into video games as the movie and TV streaming service projected weak subscriber growth amid growing competition and the lifting of pandemic restrictions that had kept people at home.
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