The Malaysian Pulse
Beat of the Nation
Thu, 6 May 2021, 8:06 PM
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HSBC Malaysia Rolls Out a Unit Trust Investment Platform on Its Mobile App
HSBC Malaysia has launched EZInvest, a new unit trust investment platform on its mobile app to provide customers round the clock access to their investment portfolio.
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Singapore’s EDB launches $7.5m pilot program to help local firms create new ventures
The Economic Development Board of Singapore’s corporate venture-building arm EDB New Ventures announced the launch of an initiative to help large and established local companies expand outside of th...
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East Ventures leads $2m round of ex-Traveloka execs’ big data startup
Bonza, an Indonesian big data analytics startup that aims to bridge the gap between AI research and its real-life implementation, has raised US$2 million in its latest funding round.
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Singapore Press Holdings to restructure media business into a not-for-profit entity
Print and digital media organization Singapore Press Holdings (SPH) announced it will be shifting its media business to a not-for-profit entity as it sees falling advertising revenue.
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Covid-19 drives rapid shift in Asia's payment tech: Mastercard
THE Covid-19 pandemic has accelerated enthusiasm for a broader range of payment technologies in the Asia Pacific region, according to the latest Mastercard New Payments Index.
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ASUS ZenFone 8 Series Leaks A Week Before Launch
ASUS is due to announce its ZenFone 8 series of phones next week, which involves a Mini variant.
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Alleged MSI GeForce RTX 3080 Ti SUPRIM X Being Sold Openly In Dubai
As rumours about the GeForce RTX 3080 Ti continues to pour out from NVIDIA’s rusty pipes, it appears that the card has already gone on sale in the UAE and at an eye-watering price of US$3500 (~RM144...
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Disney+ Hotstar Malaysia To Feature 4K Contents But Only Through Apple TV and Android TV Devices
Disney+ Hotstar made its debut in our market earlier this week with much fanfare although Malaysian fans still have to wait until 1 June 2021 to actually able to utilize the service.
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Tony Hawk’s Pro Skater 1+2 Nintendo Switch Port Gets 25 June Launch
Back in February, Nintendo teased the port of Tony Hawk’s Pro Skater 1+2, in a series of marketing tweets with Activision.
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Why is AirAsia introducing its own virtual idol? (VIDEO)
KUALA LUMPUR, May 6 — This piece of news sounds a little bit random to me, but because it came from AirAsia I wasn’t too surprised seeing as Tan Sri Tony Fernandez has been doing quite a few zany ...
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Apple AirTags feared to be a child safety hazard, pulled from Australian retailer
KUALA LUMPUR, May 6 ― The new Apple AirTags are tiny — the size of a coin and smaller than other Tags in the market.
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After three kids died in car crash while using Snapchat, US court says family members can sue company
Three US youngsters were killed in 2017 when their car, traveling at 113mph (181kmph), flew off a road in southeastern Wisconsin and slammed into a tree. Just before the crash, one of the youths had opened the Speed Filter on Snapchat to record their velocity and share it with others.
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Tesla to set up database in China so drivers can access facts
Tesla is setting up a database for vehicle owners in China that would give them access to info generated by their electric vehicles, following mounting criticism in the country.
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Spain pours billions into fight for slice of European electric vehicle sector
BARCELONA (Reuters) - Spain is moving aggressively to land new battery and electric vehicle plants, using billions of European Union pandemic relief funds to avoid being left behind as the global auto sector undertakes the biggest technology transformation in a century.
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Selangkah app adds Bubble feature for group check-in
Selangkah overhauls app in conjunction with its first anniversary, adding a Bubble feature that enables group check-in and encourages users to stick with their bubble of close acquaintances.
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Peloton recalls treadmills after a child dies
Peloton is recalling its treadmills, less than a month after denying that they were to blame for the death of a child and the injuries of 29 others.
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Sony sued for limiting purchases of games to PlayStation Store
Sony Interactive Entertainment LLC is operating an unlawful monopoly by restricting purchases of PlayStation games to its inhouse store, consumers claimed in a lawsuit.
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US states push back against use of facial recognition by police
Law enforcement agencies across the US have used facial recognition technology to solve homicides and bust human traffickers, but concern about its accuracy and the growing pervasiveness of video surveillance is leading some state lawmakers to hit the pause button.
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Trump Facebook ban fuels grievances while keeping him bottled up
Facebook Inc’s decision to keep Donald Trump off the platform for at least another six months provides new grist for his grievances but few places to air them.
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US embassy in the doghouse in China after student visa post backfires
The resumption of student visa applications at US missions in China got off to an acrimonious start this week when netizens took exception to an American embassy social media post they interpreted as likening Chinese students to dogs.
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Singapore’s Una Brands raises $40m in one of the region’s largest seed rounds
Singapore-based ecommerce aggregator Una Brands said it has raised US$40 million in its seed round of equity and debt financing, marking one of the biggest seed funding rounds in the region.
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Vietnamese digital entertainment firm Pops looks to raise $50m by Q3 2021
Southeast Asian digital entertainment firm Pops Worldwide plans to close a US$50m series D round of funding by the third quarter of this year, its founder and CEO Esther Nguyen tells Tech in Asia.  ...
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APU engineering students trump 200 teams to emerge champions in global competition
The Internet of Things (IoT) has greatly changed how the construction industry operates and experts predict that the IoT market share in construction will reach US16.8 billion by 2024.
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Facebook’s Community Accelerator Program launches in Malaysia
FACEBOOK has announced their 2021 Community Accelerator Program in Malaysia, an initiative focused on “helping leaders harness the power of their community to turn ideas into action.” In a stateme...
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Returnal Devs: Don’t Play Until The Next Patch Is Available
PS5 exclusive Returnal has released the most recent patch, version 1.3.3.
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Instagram launches automatic captions on its Stories (VIDEO)
SAN FRANCISCO, May 6 ― Could this be another step towards making the service more accessible to hearing-impaired users?
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Google says 20% of workers will be remote, many more hybrid
Google says it expects about 20% of its workforce to still work remotely after its offices reopen this fall, while some 60% will work a hybrid schedule that includes about three days in the office and two days “wherever they work best”.
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Touchdown! SpaceX successfully lands Starship rocket
Fifth time's the charm: SpaceX managed to land its prototype Starship rocket at its Texas base without blowing it up after four less successful prior attempts.
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China’s Tencent in talks with US to keep gaming investments, sources say
Tencent Holdings Ltd is negotiating agreements with a US national security panel that would allow it to keep its ownership stakes in US video game developers Riot Games and Epic Games, according to people familiar with the matter.
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Microsoft to judge: Apple’s rules blocked our gaming service too
The abstruse App Store rules stopped Microsoft from rolling out a cloud gaming service meant to tap into iOS users, Microsoft revealed during Apple's antitrust case.
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Amazon fuels North America’s most severe warehouse shortage
Finding warehouse space around Toronto has never been harder, and the e-commerce fuelled shortage is disrupting businesses and threatening the broader economy.
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Amazon work rules govern tweets, body odour of contract drivers
The thousands of people driving those ubiquitous Amazon-branded blue vans aren’t employed by the Seattle leviathan. They work for small, independent businesses with contracts to transport packages for Amazon. But that hasn’t stopped the company from dictating the state of their fingernails – and a whole lot more.
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In a blow to Trump, his social media exile continues, with Facebook ban upheld for now
The decision by Facebook’s oversight board to block former US president Donald Trump’s return to the world’s biggest social media platform for now is a major political blow.
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Spotted: Google’s Airpods alternative could be ready to drop
Google appears to have inadvertently posted a first image of its upcoming Pixel Buds A-Series earbuds on Twitter.
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A Singapore startup is raising $100m to speed up EV adoption in Southeast Asia
In this Q&A series, we suss out the opportunities, thinking, and motivations behind some of Asia’s promising startups.
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Three apps to make you the best gardener in the ‘hood
Recognise plants, choose species that grow well together and take advantage of time-saving tips. Apps provide a wealth of advice and assistance to Sunday gardeners and can take some of the growing pains out of horticulture.
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Factbox: Five takeaways from Facebook oversight board's Trump case
(Reuters) - Facebook's oversight board, a body set up by the social network to give independent verdicts on a small number of thorny content decisions, has ruled Facebook was right to bar former U.S. President Donald Trump after the Jan 6. riot but wrong in placing an indefinite suspension.
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The electric, autonomous street sweeper cleaning Helsinki by night
The Finnish startup Trombia has developed the first fully autonomous, electric street sweeper. It is currently being tested in the cities of Helsinki and Espoo, where it helps clean the streets at night.
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U.S. court authorizes IRS to seek identities of taxpayers who have used cryptocurrency
(Reuters) - A federal court in the United States has authorized the Internal Revenue Service (IRS) to serve a "John Doe Summons" on the crypto exchange Kraken, seeking identities of U.S. taxpayers who have used cryptocurrency, the Department of Justice said on Wednesday.
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Bitcoin rises 6.8 % to $56,852.03
(Reuters) - Bitcoin rose 6.8% to $56,852.03 by 1000 GMT on Wednesday, adding $3,622.23 to its previous close.
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U.S. Senate panel to take up technology research spending bill -sources
WASHINGTON (Reuters) -A U.S. legislative proposal to allocate about $110 billion for basic and advanced technology research and science in the face of rising competitive pressure from China will be debated by the Senate Commerce Committee on May 12, sources said on Wednesday.
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PayPal profit tops estimates on digital payments boom
(Reuters) -PayPal Holdings Inc reported its strongest first quarter on record and beat profit estimates on Wednesday, with a coronavirus-driven shift to online shopping and digital transactions boosting payment volumes.
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Zynga to buy mobile ad focused Chartboost, raises full-year bookings forecast
(Reuters) - Zynga Inc said on Wednesday it would buy mobile game ad network Chartboost and raised its full-year bookings forecast, counting on robust performance of titles such as "Harry Potter: Puzzles & Spells" and the expected launch of "Farmville 3".
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Uber sees driver cost rising as U.S. economy recovers
(Reuters) -Uber Technologies Inc signaled it would pay drivers more to get cars back on the road as the U.S. economy recovers from the pandemic and disclosed a $600 million charge to provide UK drivers with benefits, a sign of the potential costs if the United States requires more driver compensation.
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Britain set to stockpile metals for electric cars to beat Chinese threat - The Telegraph
(Reuters) - Britain is exploring the creation of a national stockpile of so-called rare earth metals amid rising fears that country's efforts to adopt electric cars are at risk from a Chinese stranglehold on supplies, The Telegraph reported on Wednesday.
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U.S. SEC chair says reviewing short-selling, swap rules after GameStop, Archegos sagas
WASHINGTON (Reuters) -The U.S. securities regulator is considering measures to require big investors to disclose more about short positions, or bets that stocks will fall, use of derivatives to bet on other stock moves and to protect small investors from trading apps that use features common to video games in order to boost risky trading activity.
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White House says social media platforms should not amplify 'untrustworthy' content
WASHINGTON (Reuters) - U.S. President Joe Biden believes social media platforms have a responsibility to "stop amplifying untrustworthy content," the White House said on Wednesday, even as it declined to comment directly on a decision by Facebook Inc's oversight board to keep a suspension in place for former President Donald Trump.
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Reactions to Facebook oversight board upholding Trump's suspension
(Reuters) - Facebook Inc's oversight board on Wednesday upheld the company's suspension of former U.S. President Donald Trump but said the company was wrong to make the suspension "indefinite" and asked it to re-assess the penalty.
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U.S. lawmakers make push for electric vehicles, charging stations
WASHINGTON (Reuters) - U.S. lawmakers are pushing for tens of billions of dollars in funding to shift to electric vehicles and away from gas-powered vehicles and build hundreds of thousands of charging stations.
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Sources: Sequoia, Beenext to pour $4m in Indian spiritual-tech startup
Details: Sequoia and Beenext are in advanced talks to invest US$4 million in spirituality-focused AppsForBharat, according to one source.
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Sony No Longer Lists A-Mount Alpha DSLR Cameras On Its Website
It appears that Sony has finally closed the lid on its A-mount Alpha cameras, which have been on hiatus for several years now.
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Foxconn Enters Into Chipmaking Joint Venture With Yageo
Taiwanese contract manufacturing giant Foxconn has entered into a joint venture with fellow Taiwanese company Yageo, forming a new firm called XSemi that will be churning out semiconductor chips.
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Trump assails Facebook, Twitter, Google actions as 'total disgrace'
WASHINGTON (Reuters) - Former U.S. President Donald Trump said on Wednesday the actions of Facebook, Twitter and Google are a "total disgrace" and the tech companies should pay a political price.
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Facebook won't say if its algorithms boosted Trump's violent rhetoric
(Reuters) - Facebook Inc's oversight board said on Wednesday that the company did not answer questions about whether its algorithms amplified inflammatory posts by then-U.S. President Donald Trump and contributed to the deadly siege on the Capitol in January.
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U.S. House Majority Leader Hoyer applauds Facebook decision on Trump
WASHINGTON (Reuters) -House Majority Leader Steny Hoyer applauded Facebook Inc's decision to maintain its suspension of Donald Trump after the Jan. 6 Capitol riots, saying it has the right to refuse to be a medium for the former Republican president.
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Wix.com buys Rise.ai to add gift cards to e-commerce platform
JERUSALEM (Reuters) - Wix.com, which helps small businesses build and operate websites, said on Wednesday it bought Israeli startup Rise.ai to extend its platform to include gift and loyalty cards and rewards and referrals.
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The rise of China’s Robinhoods
Every day, 100k+ smart people read our newsletter.
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Family office of 17Live’s Joseph Phua acquires Taiwanese blockchain startup
The family office of Joseph Phua, managing partner of Turn Capital and co-founder of livestreaming app 17Live, has acquired Taiwanese blockchain firm Dapp Pocket for an undisclosed amount.
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Mustapa Mohamed: Road to MyDigital success requires close Federal-State collaboration
Minister in the Prime Minister’s Office in charge of Economy, Mustapa Mohamed (pic), issued a press release yesterday detailing the outcomes of a meeting between the Federal and State Governments on...
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YouTube Trials Translation Integration; Currently Only Works With Portuguese
YouTube looks to be currently testing translation integration for a small number of users.
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Xiaomi To Launch New Mi TV Q1, Mi TV P1 Models In Malaysia On 20 May
Xiaomi announced that it will be launching several new products this month.
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Meme-based cryptocurrency Dogecoin soars 40% to all-time high
LONDON (Reuters) - Meme-based virtual currency Dogecoin soared on Wednesday to an all-time high, extending its 2021 rally to become the fourth-biggest digital coin.
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Lucid Motors appoints former Waymo executive as CFO
(Reuters) - Luxury electric vehicle maker Lucid Motors said on Wednesday it has named Sherry House, a former executive from Alphabet Inc's self-driving unit Waymo, as its chief financial officer.
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Factbox: What is Facebook's oversight board?
(Reuters) - Facebook's oversight board on Wednesday will announce its decision on whether to uphold former U.S. President Donald Trump's suspension from the platform.
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Factbox: Who are the first members of Facebook's oversight board?
(Reuters) - Facebook Inc's independent oversight board, which will on Wednesday announce its decision on whether to uphold the company's ban on former U.S. President Donald Trump, currently consists of 20 members.
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Facebook oversight board to rule on Trump's return to Facebook
(Reuters) - Facebook Inc's oversight board on Wednesday will decide whether to uphold the company's indefinite suspension of former U.S. President Donald Trump, in a much-awaited verdict that may signal how the company will treat rule-breaking world leaders in the future.
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Witcher game developer quits company over bullying claims
The director of Witcher 3, the most successful video game by Polish publisher CD Projekt SA, resigned after he was accused of bullying colleagues, sending its shares to their steepest decline since March.
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U.S. chip startups, long shunned in favor of internet bets, stir excitement again
OAKLAND, Calif. (Reuters) - Silicon Valley venture capitalists, long focused on software and internet companies, are again pouring money into the semiconductor industry, lured by the promise of a new generation of artificial-intelligence chips that could challenge incumbents like Intel Corp and Nvidia Corp.
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Russia seeks extra fines against Twitter over 'banned content': TASS
MOSCOW (Reuters) - Russia is seeking an additional 24 million roubles ($321,586) in fines from U.S. tech giant Twitter for failing to remove content banned in Russia, the TASS news agency cited a court as saying on Wednesday.
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Apple called out by Epic ally as too controlling over apps
The head of fitness company Yoga Buddhi Co voiced a litany of frustrations Tuesday about marketing his business through Apple Inc, including being told the login page for his app had the wrong background colour.
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Exclusive: Facing chips shortage, Biden may shelve blunt tool used in COVID fight
WASHINGTON (Reuters) - Some critical industries could suffer if the U.S. government uses a national security law to redirect scarce computer chips to the auto industry, a senior administration official told Reuters.
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Luno Offers Bitcoin Cash for Trading Following Approval From the SC
Luno announced that it is the first digital asset exchange in Malaysia to be approved by the Securities Commission Malaysia to offer Bitcoin Cash (BCH) for trading on its platform.
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The evolution of AI: From bronze automatons to enabling humanity’s future
The concept of artificial intelligence has its roots all the way back to the ancient Greeks, who came up with the idea of intelligent automatons – bronze sculptures that could move, speak, and cry, ...
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Ex-Google, Line exec appointed on the board of Thai fashion startup Pomelo
Thailand-based omnichannel fashion platform Pomelo Fashion has appointed Ariya Banomyong to serve on its board.
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East Ventures-backed Social Bella secures $56m in latest round
Indonesia’s Social Bella, a beauty and personal care tech startup that claims to have served over 42 million users last year, said it has raised US$56 million as part of its latest round.
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Carput, PolicyStreet to jointly offer car insurance renewal
INSURTECH company PolicyStreet.com has partnered with Malaysian automotive assistance platform Carput to offer car insurance services.
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AirAsia jets in their first virtual idol, Aozora Kurumi, seriously
You read that right. AirAsia is set to introduce its first virtual idol, Aozora Kurumi (pic), who will be joining the VTuber craze that essentially exploded in 2020.
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Govt To List Out COVID-19 Hotspots Detected Via HIDE System On Friday
Minister of Science, Technology and Innovation Khairy Jamaluddin has revealed that the government will list out potential COVID-19 hotspots this Friday on 7 May 2021.
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PlayStation App Can Let You Delete PS5 Games While It Is In Sleep Mode
Sony Interactive Entertainment has made its PlayStation app a lot more involved in the gaming experience.
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Dogecoin Value Reaches New High At US$0.68 Per Coin
Dogecoin achieved another milestone today, with its value now barking at an average of US$0.68 (~RM2.82) per coin.
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AirAsia Has Picked Its First Virtual Idol, Set To Debut This Saturday
AirAsia has settled on its first “virtual idol” and will debut her this Saturday, 8 May 2021, at 8pm via YouTube. Project Kavvaii, AirAsia’s virtual idol initiative, was announced in March to ra...
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Jaringan Prihatin Is Finally Here: Provides Free Daily Internet and Up To RM 300 Subsidy For New Devices
First announced during the tabling of Belanjawan 2021 last November, Jaringan Prihatin finally rolls out today.
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Apple wants iPhone, iPad, Mac and Apple Watch users to update their devices now
KUALA LUMPUR, May 5 ― You might have recently updated your devices already ―  iOS 14.5 for your iPhone, iPadOS 14.5 on your iPad and the WatchOS 7.4 on your Apple Watch.
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The New York Police Department is in the dog house over leasing of robotic hound
The NYPD’s 70-pound robotic dog, already criticised as a creepy-looking surveillance tool, was acquired without properly notifying the city, according to Comptroller Scott Stringer.
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Taiwan's Foxconn forms JV with Yageo to make small integrated circuit products
TAIPEI (Reuters) - Taiwan's Foxconn on Wednesday announced a joint venture with Yageo Corp to make small integrated circuit (IC) products in a move into the semiconductor industry, which is hit by a shortage that has rattled the global automotive and electronics sectors.
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Reddit outage: site experienced widespread technical problems for about an hour
Reddit, the popular Internet discussion site, encountered broad technical issues  on May 4, as thousands of users worldwide reported problems accessing pages for about an hour.
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Japan town gets lambasted online for building giant squid with Covid-19 relief funds
A Japanese costal town in the western part of the country has drawn ire on social media for using some of the coronavirus relief funds it was given by the government to build a statue of a giant squid in the hopes of boosting tourism.
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Facebook board's Trump decision could have wider impacts
Since the day after the deadly Jan 6 riots on the US Capitol, former President Donald Trump’s social media accounts have been silent – muzzled for inciting violence using the platforms as online megaphones.
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Police use drones at Ramadan bazaars to monitor SOP compliance
Drones have once again become the “eyes” for authorities, especially the Royal Malaysia Police, to monitor the Covid-19 standard operating procedure (SOP) compliance at Ramadan bazaars around the capital.
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Local social media personality gets RM1,500 compound for not wearing mask in viral video
A Bernama report stated that apart from not wearing a face mask, the man was also seen as poking fun at some excuses that have been used by others for interstate travel.
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In Bill Gates divorce, who gets the 66,000-square-foot mansion?
With the Bill and Melinda Gates divorce bombshell still echoing, so begins the process of divvying up the fourth-largest fortune in the world.
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Visa Teams Up with GHL to Offer Their Answer to the Growing BNPL Trend
GHL Systems has embarked on a partnership with Visa to be the first in ASEAN to introduce Visa Instalments for clients using its eGHL Payment Gateway platform.
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FIS Expands Payment Capabilities Into Malaysia
FIS, an American Fortune 500 company which offers a wide range of financial products and services, announced that it is expanding its payment processing capabilities into the rapidly growing markets o...
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Ex-Facebook, Amazon Video execs join $1.6m round of Singapore fintech startup
Singapore-based Fewcents, a fintech startup that provides alternative monetization solutions for digital publishers and creators, said it has raised US$1.6 million in seed funding.
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ComfortDelGro’s super-app gambit: Can it succeed?
Years before Grab became the de facto mode of private four-wheeled transport for many commuters in Singapore, it was ComfortDelGro’s signature blue-tone Comfort and yellow Citycab taxis that were sy...
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Students to receive CERDIK’s online learning devices by May
THE government through its public-private initiative CERDIK, plans to close the digital learning gap for primary and secondary schools in Malaysia by targeting to distribute devices for online learnin...
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Fintech momentum has only grown during Covid-19, and is set to accelerate
FINTECH has become a boon for investors looking for alternative means to diversify their assets – something that was gleamed from the recent Top in Tech Talk titled “Fintech: The Growing Digital M...
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Upcoming Windows Update Hits The Last Nail Into The Adobe Flash Coffin
Adobe stopped supporting its own Flash platform at the end of last year.
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Alleged NVIDIA GeForce RTX 3050 Ti Appears in GPU-Z Validation
It is practically an open secret that NVIDIA has a GeForce RTX 3050 Ti in the pipeline, the only question being when the card will be arriving.
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Twitter bolsters subscription plans with ad-free news
SAN FRANCISCO, May 5 ― Twitter yesterday said it is buying Scroll and its ad-free news app to bolster a coming subscription service, and channel money to journalism in the process.
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Facebook's Workplace tool grows as jobs go remote
SAN FRANCISCO, May 5 ― Facebook's Workplace business software has grown by about 40 per cent in a year to reach seven million paying subscribers as the pandemic accelerated a remote work trend, the ...
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Bank of America tech chief says cyberattacks have surged ‘dramatically’
Bank of America Corp is devoting more resources to fighting cyberattacks after seeing a jump in threats amid the pandemic.
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WallStreetBets forum members targeted in Telegram cryptocurrency scam
Members of Reddit’s WallStreetBets forum were targeted in a probable cryptocurrency scam that could have left its victims with at least US$2mil (RM8.23mil) in losses.
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Spotify urged to rule out ‘invasive’ voice recognition tech
A coalition of musicians and human rights groups urged music streaming company Spotify on May 4 to rule out possible use of a speech recognition tool it recently developed to suggest songs – describing the technology as “creepy” and “invasive”.
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Biden tax rule would rip billions from biggest fortunes at death
Jeff Bezos has an ex-wife, a girlfriend, four children and billions of reasons to watch whether Joe Biden’s tax overhaul wins congressional approval.
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From icon to pariah: Trump and social media
Donald Trump was among the most effective politicians at using social media and built a vast following on the major platforms before being abruptly banned.
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Starlink satellite internet service gets 500,000 preorders, Musk says
(Reuters) - SpaceX has received more than 500,000 preorders for its Starlink satellite internet service and anticipates no technical problems meeting the demand, founder Elon Musk said on Tuesday.
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Twitter rolls out Spaces and plans pay-in audio chat rooms
SAN FRANCISCO, May 5 ― Twitter has given you the floor.
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Facebook's Workplace tool reaches 7 million paid subscribers
(Reuters) - Social media platform Facebook Inc said on Tuesday that its Workplace tool had reached 7 million paid subscribers, up more than 40% from a year earlier.
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Ford-backed Argo sees new sensor as key to self-driving cars
Argo AI, the self-driving startup backed by Ford Motor Co and Volkswagen AG, has developed a sensor it believes will be key to commercialising autonomous transportation in cities, suburbs and on the highway.
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How will Bill and Melinda Gates’ divorce impact their charity?
The shock announcement that billionaire philanthropists Bill and Melinda Gates are to divorce after 27 years of marriage has raised questions about the future of their hugely influential charity.
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Judge presses Epic CEO during second day of Apple antitrust trial
OAKLAND, Calif. (Reuters) - A U.S. judge on Tuesday pressed the chief executive of "Fortnite" creator Epic Games on how the fundamental changes the game maker is asking her to force on Apple Inc's App Store would affect the livelihoods of millions of developers who make software for Apple devices.
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Bitcoin, ethereum see strong inflows in latest week - CoinShares data
NEW YORK (Reuters) - Bitcoin and ethereum, the two largest cryptocurrencies in terms of market capitalization, posted strong inflows last week that saw investments in the sector hit $489 million, the largest since February, CoinShares weekly data showed on Tuesday.
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Tinder owner bets on 'summer of love' to lift revenue as curbs ease
(Reuters) -Match Group Inc forecast current-quarter revenue above expectations on Tuesday, banking on its online dating apps including Tinder and Hinge attracting more subscribers as easing pandemic curbs encourage people to socialize.
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Facebook relaunches WhatsApp money transfers in Brazil
SAO PAULO (Reuters) - Facebook's WhatsApp messaging service relaunched on Tuesday its transfer money services between individuals in Brazil, after it was blocked by the central bank nearly one year ago, Chief Executive Mark Zuckerberg said in a Tuesday video.
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Activision Blizzard raises annual sales forecast on 'Call of Duty' boost
(Reuters) - Activision Blizzard Inc raised its full-year forecast for adjusted sales on Tuesday, as the pandemic-driven surge in demand for its videogames including "Call of Duty" and "Candy Crush" helped quarterly revenue exceed estimates.
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T-Mobile raises 2021 postpaid adds forecast on 5G strength
(Reuters) -T-Mobile US Inc raised its full-year postpaid subscriber net additions forecast after trouncing analysts' first-quarter estimates on Tuesday, boosted by robust demand for its 5G services from people working remotely.
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France' STMicro sees no reason to take part in EU chip alliance
PARIS (Reuters) - Franco-Italian chipmaker STMicroelectronics sees no reason to join a potential European Union semiconductors alliance, its chief executive said on Tuesday, as the European Commission is seeking to boost Europe's independence in microchips.
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Authorities open labour probe at German Tesla site - Business Insider
FRANKFURT (Reuters) - German authorities are probing possible violations of labour laws at the construction site of Tesla's future German factory, Business Insider reported on Tuesday.
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U.S. Commerce Dept. pressing Taiwan to supply more chips to U.S. automakers
WASHINGTON (Reuters) -The U.S. Commerce Department is pressing Taiwan Semiconductor Manufacturing Co Ltd and other Taiwanese firms to prioritize the needs of U.S. automakers to ease chip shortages in the near term, Commerce Secretary Gina Raimondo said on Tuesday.
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Report: Byju’s-owned WhiteHat Jr drops $2.7m defamation case against critic
Details: Poonia, a software engineer, said that the Indian edtech company had withdrawn its case against him in the Delhi High Court.
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Inter-District Travel Permission Is Not Required For Vaccination Appointments
The Senior Minister for Security Cluster, Ismail Sabri Yaakob earlier today has announced the government will impose Movement Control Order (MCO) on six districts in Selangor.
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Malaysia Airlines To Retire Its Airbus A380 Fleet In The Coming Months
Malaysia Airlines will be retiring its Airbus A380 fleet in the coming months, according to a report by Reuters.
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Luno Teases Imminent Arrival Of Bitcoin Cash
Back nearing the end of April, it was revealed that the Securities Commission (SC) had already given provisional approval for the cryptocurrency, Bitcoin Cash, as a new alternative for cryptotraders.
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Videogame publishers hope thrill remains after blockbuster 2020
(Reuters) - The big question for U.S. gaming companies when they report results in the coming days is whether players will remain hooked on "Call of Duty", "Grand Theft Auto" and "NBA 2K21" after life returns to some normalcy following vaccine rollouts.
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India doesn't name Huawei among participants in 5G trials
NEW DELHI (Reuters) - India will allow mobile carriers to carry out 5G trials with equipment makers including Ericsson, Nokia and Samsung's network unit, the government said on Tuesday, but did not name China's Huawei among the participants.
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Sotheby's to accept bitcoin, ethereum for Banksy auction
(Reuters) - Sotheby's said on Tuesday it would accept bitcoin and ethereum as payment for Banksy's iconic artwork "Love is in the Air", a first for a physical art auction and the latest sign of growing mainstream acceptance of cryptocurrencies.
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S&P Dow Jones brings bitcoin, ethereum to Wall St with cryptocurrency indexes
(Reuters) -The S&P Dow Jones Indices launched new cryptocurrency indexes, it said on Tuesday, further mainstreaming digital currencies including bitcoin and ethereum by bringing them to the trading floors of Wall Street.
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After first quarter frenzy, NFT market shows signs of stabilising
LONDON (Reuters) - After a frenzied first quarter for non-fungible tokens (NFTs), the market for blockchain-based digital assets ranging from art and videos to songs and tweets slowed in April, platform and product data shows.
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Goldman Sachs-backed cybersecurity firm Acronis nets $250m from CVC Capital
As an increasing amount of company and user data are stored online, the threat of hackers stealing such valuable information is also steadily growing.
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Ola Electric brings in former Geely, Jaguar exec as head of vehicle design
Ola Electric today announced the appointment of Wayne Burgess as head of vehicle design for its entire product range including scooters, bikes, cars, and more.
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Indian social commerce app Kiko TV nets additional pre-series A funding
Indian social ecommerce startup Kiko TV has raised an undisclosed amount of additional pre-series A funding from Venture Catalysts, a local integrated incubator and accelerator.
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MDEC, Sunway Education kick off Malaysia’s first free coding school
THE Malaysia Digital Economy Corporation (MDEC), in collaboration with Sunway Education Group (SEG), has officially admitted its first cohort of students to the 42KL campus, described as Malaysia’s ...
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Samsung Galaxy M12 To Launch Later At Midnight With A Promo Price Of RM599
Samsung Malaysia has recently launched its latest entry-level smartphone, the Galaxy M12, which will be available on sale tomorrow exclusively via Shopee.
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Bayern Munich to use only digital ticketing once fans return
Bayern Munich plan to show paper tickets a red card and go green by using only digital ticketing once fans are able to attend home games next season, it was announced on May 4.
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Exclusive: Kajabi, e-commerce startup for knowledge businesses, raises $550 million
(Reuters) - Kajabi, an e-commerce platform that serves knowledge-based businesses, said on Tuesday it raised $550 million in its latest round of funding led by Tiger Global Management, which puts the company’s valuation at over $2 billion.
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Uber rival Bolt adds car-sharing service as next expansion path
Bolt Technology OU, which competes with Uber Technologies Inc in Europe and Africa, will roll out a new car-sharing project in the Estonian capital, according to founder and chief executive officer Markus Villig.
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Twitter bans Indian actress for violating hate and abuse rules
NEW DELHI (Reuters) - Twitter Inc on Tuesday said it has banned leading Bollywood actress Kangana Ranaut, known for her ardent support of Indian Prime Minister Narendra Modi, accusing her of violating its rules on hateful conduct and abusive behaviour.
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ZhongAn, StanChart-backed lenders take early lead in HK digital bank race
HONG KONG (Reuters) - Online-only banks in Hong Kong backed by China's ZhongAn Online P&C Insurance and Britain's Standard Chartered moved ahead of newly launched rivals as they garnered 70% of deposits last year, the lenders' annual reports showed.
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Chipmaker TSMC eyeing expansion of planned Arizona plant: sources
TAIPEI (Reuters) - Taiwan Semiconductor Manufacturing Co Ltd (TSMC) is planning to build several more chipmaking factories in the U.S. state of Arizona beyond the one currently planned, three people familiar with the matter told Reuters.
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Foreigners needed to fill Singapore tech jobs crunch, says central banker
SINGAPORE (Reuters) - A boom in technology jobs across all sectors in Singapore and a shortage of tech workers means the country will have to rely on foreigners to fill the gap, Ravi Menon, the managing director of the Monetary Authority of Singapore said on Tuesday.
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China’s Robinhoods steal young traders from Singapore’s old-school brokerages
Commuters in Singapore may have recently seen advertisements featuring tigers and bulls set against bright yellow and orange backdrops while passing through the city-state’s MRT system.
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Pakistani digital bookkeeping startup CreditBook banks $1.5m in seed round
Pakistan has one of the world’s fastest-growing middle class populations and has seen a 720% increase in 4G users over the last five years.
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Lightspeed, Learn Capital join Indian edtech startup’s $16.5m round
Details: US-based early-stage VC firm Learn Capital led the round with an investment of US$12 million.
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What does it take to build the next big idea in Southeast Asia?
What are your favorite business ideas or startups?
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Foodpanda to open new tech hub in Taiwan, begins hiring for key roles
Food and grocery delivery major Foodpanda has announced the opening of a new tech hub in Taiwan in an effort to strengthen and diversify its tech talent pool as it expands across the region.
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Hong Kong decentralized finance startup banks $3.3m in strategic sale round
Hong Kong’s Formation.Fi, a startup that simplifies the creation of decentralized finance (DeFi) portfolios and helps users better manage risk, said it has closed US$3.3 million in a strategic sale ...
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The Khazanah Impact Innovation Challenge seeks to scale-up solutions for Malaysia’s ageing community
THE KHAZANAH Impact Innovation Challenge (KIIC) is calling for impactful business proposals and game-changing models to participate in the growth and scaling-up of affordable services that support th...
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Revenue Monster partners Boost to expand digital marketing efforts
MALAYSIAN fintech company Revenue Monster has announced a partnership with e-wallet provider Boost aimed at expanding digital marketing opportunities for the food and beverage (F&B) businesses.
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NVIDIA GeForce RTX 3080 Ti Announcement Reportedly Delayed To 31 May
NVIDIA was supposed to announce the alleged GeForce RTX 3080 Ti in just a couple of weeks on 18 May.
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Sony Charges For Crossplay If A Game Earns More On Other Platforms
In the earlier days of Fortnite Battle Royale, Sony was basically the last platform holder to allow crossplay.
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Gates’ marital split follows Melinda’s long journey away from Bill’s shadow
Melinda’s long journey away from Bill’s shadow is set to enter a new phase after the billionaire benefactors announced on May 3 that they would divorce after 27 years, saying in a court filing that “this marriage is irretrievably broken”.
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Ericsson to launch subscription service for remote office
STOCKHOLM (Reuters) - Sweden's Ericsson on Tuesday unveiled a subscription service for remote working in North America that would allow employees of small businesses to start working from home in minutes with access to licensed apps, cloud storage and security tools.
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The Force may not be with us, but what about the tech in 'Star Wars'?
Decades after 'Star Wars' made its debut in cinemas, has any of the franchise's iconic technology come even close to becoming real?
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Bill and Melinda Gates: a duo undone
From muddy streets in South Africa’s townships to cocktail parties at Davos – Bill and Melinda Gates came as a pair.
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Sony strikes deal to get Discord onto PlayStations next year
Sony Group Corp has invested in Discord and aims to get the popular social app onto PlayStations early next year, potentially connecting more than 140 million gamers to its growing console ecosystem.
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Will Donald Trump be permanently banned from Facebook? A decision is due this week
Former US President Donald Trump was suspended from Facebook or Instagram over his role in the Jan 6 attack on the US Capitol seeking to overturn the 2020 election. Now, nearly four months later, Facebook’s Oversight Board said it will issue a ruling on whether he’ll be allowed back.
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‘GTA’ mode is attracting high-profile streamers and causing a stir on Twitch; but what exactly is it?
GTA V usually gives gamers a chance to cut loose as faithless and depraved villains, but now the video game’s role-play (RP) mode is offering a chance to experiment with more mild-mannered roles. Acting as policemen, ambulance drivers and students, RP players have to stay in character as convincingly as possible.
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Apple’s ‘walled garden’ faces Epic attack in app store trial
Apple’s lucrative app store was alternately portrayed as a price-gouging monopoly and a hub of world-changing innovation during the preamble to a trial that may reshape the technological landscape.
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Australian Payments Firm Omipay Picks Tranglo to Power Its Cross Border Payments
Tranglo, a cross-border payment processing hub, announced that it will power the cross-border payments of OmiPay, an Australian mobile payment platform, across its global network.
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Asia Partners leads $37m raise of Singapore-based SCI Ecommerce
Singapore-based cross-border ecommerce enabler SCI Ecommerce said it raised over S$50 million (US$37.5 million) in a round led by Southeast Asia-focused VC firm Asia Partners.
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These 2 trends in Southeast Asia could be game-changing
Dear readers, Paperwork sucks.
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Sea Group wants to build a super-app empire. Here’s how Tencent did it
Internet giant Tencent is one of the most aggressive investors in China’s technology space.
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Disney+ Hotstar streams in Malaysia on June 1
THE WAIT is over. Streaming service Disney+ Hotstar finally arrives in Malaysia on June 1, touting to bring with it 800 films and 18,000 episodes of TV series that range from Disney’s massive catalo...
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KSGC 2021 offers global startups a chance to South Korea
THE 2021 edition of the K-Startup Grand Challenge (KSGC 2021) is now open for applications.
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PlayStation Consoles May Get Discord Integration Next Year
Discord may have decided to not get acquired by Microsoft, but it looks like the company isn’t against outside investors.
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Samsung Opens Pre-Order For Odyssey G3 Gaming Monitor; Offers 970 EVO Plus SSD As Freebie
Samsung has recently expanded its gaming monitor lineup in Malaysia by adding the Odyssey G3 Series into the mix.
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Twitter’s latest mission? Drumming up followers for local journalists
SAN FRANCISCO, May 4 — Twitter is marking World Press Freedom Day, yesterday, May 3, by launching a new campaign spotlighting the essential role of local news.
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Internet of Things: 50 billion connected devices in use worldwide by 2030
SAN FRANCISCO, May 4 — By 2030, some 50 billion connected devices will be in use worldwide, creating smart networks both inside and outside the home.
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You can now buy the Purple iPhone 12 and 12 mini in Malaysia
KUALA LUMPUR, May 4 — The iPhone 12 and iPhone 12 mini in Purple are now available for purchase in Malaysia.
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In the US, TikTok wants to highlight its Asian creators in May
LOS ANGELES, May 4 — TikTok has it all planned out.
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You may soon be able to comment on an exact minute of a YouTube video
SAN FRANCISCO, May 4 — What if you could read a comment related to a specific moment of the video you are watching?
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TikTok deal worth a cup of coffee rued as too puny
A proposed settlement by TikTok in a privacy lawsuit, amounting to RM378mil, might be enough compensation to buy just a cup of coffee once divided among the complainants.
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'Woke' CIA recruitment video infuriates US conservatives
A CIA recruitment advert, featuring a Latina woman to promote diversity at the US spy agency, received backlash from conservatives, who criticised the videos "wokeness".
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Mindblowing: advances in brain tech spur push for 'neuro-rights'
Chile's government is exploring laws to protect its citizens' "neuro-rights", in the face of rapidly developing neurotechnology, even calling on other Ibero-American countries to do the same.
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India's young fight the pandemic with apps and oxygen
India's youths are helping fight the pandemic, setting up apps to crowdsource aid, delivering key supplies and using social media to direct resources to people in need.
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More than one in three smartphones sold in 2021 will be a 5G handset
Global smartphone sales are expected to top 1.5 billion in 2021, according to the latest forecasts from Gartner. More than one in three units, or around 538 million handsets, are expected to feature 5G support.
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MDEC appoints Mohd Afdhal Mohd Nayan as Chief Transformation Officer
THE MALAYSIA Digital Economy Corporation (MEDC) has announced the appointment of Mohd Afdhal Mohd Nayan (pic) as its chief transformation officer.
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Ethereum extends gains to fresh record above $3,400
SINGAPORE (Reuters) - Cryptocurrency ether extended gains to another record peak on Tuesday, after breaking above $3,000 for the first time a day earlier as investors bet on its growing utility.
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Bill and Melinda Gates to divorce after 27 years of marriage
Bill and Melinda Gates said on May 3 that they were divorcing after 27 years of marriage.
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UK's Arrival, Uber to develop electric ride-hailing 'Arrival Car'
LONDON (Reuters) - British electric van and bus maker Arrival will develop an electric car for Uber Technologies Inc that will go into production in late 2023, the two companies said on Tuesday.
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How streetlamps could help make cities smarter
Thanks to their concentration, their strategic location and their connection to the electricity network, streetlamps could well have a key role to play in the smart cities of the future, carrying sensors, cameras, Internet connectivity or electric charging points, for example.
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Mediaset, Vivendi sign deal to end years-long legal war
MILAN (Reuters) -Mediaset and its second-largest investor, Vivendi, on Monday ended years of legal sparring with an accord under which the French group will drastically cut its stake in the Italian broadcaster.
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Messaging app Discord ties up with Sony's PlayStation
(Reuters) - A unit of Sony Corp has made a minority investment in Discord Inc as part of a deal to tie in the messaging platform with the consumer electronics company's PlayStation gaming division.
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NFL's Thursday Night Football to now stream on Amazon Prime Video from 2022
(Reuters) - The National Football League said on Monday it has moved up the date for Amazon's Prime video to exclusively stream Thursday Night Football, beginning with the 2022 season.
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Cathie Wood's investment firm, Elliott buy Twitter shares on dip - Bloomberg News
(Reuters) - Cathie Wood's Ark Investment Management and hedge fund Elliott Management bought shares of Twitter Inc last week after the stock fell on disappointing quarterly results, Bloomberg News reported on Monday.
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Sticking with remote work? Businesses are betting on it
SAN FRANCISCO (Reuters) - U.S. businesses have been spending more on technology than on bricks and mortar for more than a decade now, but the trend has accelerated during the pandemic, one more sign that working from home is here to stay.
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Twitter to introduce ticketing for audio 'Spaces' feature
(Reuters) - Twitter Inc said on Monday it will introduce a new feature to let users charge admission to their live audio chat rooms in its "Spaces" feature, as the social media company seeks to court more content creators.
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Disaster Girl Meme Sold For US$500,000 As An NFT
Zoe Roth is a name you’d most likely be unfamiliar with.
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Survey Shows Southeast Asian Social Media Users Don’t Want Their Financial Info Stored Online
A whopping 76% of social media users said they would choose not to store their financial information online, according to a Kaspersky-YouGov survey of several Southeast Asian countries, including Mala...
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EBay says open to accepting to cryptocurrencies in future, exploring NFTs
(Reuters) -EBay Inc is open to the possibility of accepting crytpocurrency as a form of payment in the future and is looking at ways to get non-fungible tokens (NFTs) on its platform, the company said on Monday.
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Facebook oversight board to announce decision on Trump ban on May 5
(Reuters) -Facebook Inc's independent oversight board tweeted on Monday it would announce a decision May 5 on whether to uphold former U.S. President Donald Trump's indefinite suspension from the social media platform and Instagram.
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Mitsubishi, Israeli investment firm team up to look for agrifood tech opportunities
Israel- and Singapore-based investment group Trendlines has announced its partnership with Japanese automotive giant Mitsubishi to look for emerging tech opportunities in the agrifood space.
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Is Zomato’s $6b IPO huge or nah?
Every day, 100k+ smart people read our newsletter.
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Hike rakes in $12m from exit of investment in Indian social gaming platform
Indian social gaming platform WinZo announced that it has given one of its early investors a complete exit for its May 2019 investment.
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