Asia-Pacific Trends
Asia-Pacific Trends
Asia-Pacific market trend intelligence tracks cloud service, regional ISP, national telecom, data centre, and institutional infrastructure signals across Asia-Pacific internet infrastructure markets. BTW.
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Asia-Pacific Institutional Trends
China intends to use AI misinformation to sabotage elections
According to Microsoft’s Threat Intelligence team, the Chinese government is expected to step up sophisticated AI-generated disinformation campaigns to influence several high-profile elections in 2024. China’s strategy Microsoft issued a warning, stating that this year’s…
Asia-Pacific Cloud Services Trends
Sony Bank trials cryptocurrency for gaming, sports IP payments
Sony Bank in Japan partners with SettleMint, a Belgian blockchain firm, to trial its stablecoin linked to the Japanese yen on blockchain.
Asia-Pacific Cloud Services Trends
Spotify to raise prices by $1-2 in key markets
Spotify is set to increase prices by $1 to $2 per month in key markets, including the UK and Australia, to support audiobooks and unveil new subscription options for users. Spotify’s plan for enhanced profitability Spotify plans to raise the price of its popular audio service in…
Asia-Pacific Cloud Services Trends
Nvidia and Indosat to invest $200M in AI center in Indonesia
Nvidia and PT Indosat Ooredoo Hutchison plan to invest $200 million in an AI center in Central Java, Indonesia. The center, slated for completion by 2024, will likely focus on telecom infrastructure and HR development. Surakarta’s Mayor and President-elect Gibran Rakabuming Raka…
Asia-Pacific Cloud Services Trends
Microsoft says lax security led to China’s cyber raid
An investigation into an attack on Microsoft’s Exchange Online hosted email service has found that the incident could have been prevented.
Asia-Pacific Cloud Services Trends
HSBC and HKSTP collaborate to propel HK fintech development
HSBC and the Hong Kong Science and Technology Parks Corporation (HKSTP) have inked a three-year strategic partnership aimed at spurring innovation and fostering a more effective collaboration ecosystem between banks and fintech entities. The partnership, a first-of-its-kind…
Asia-Pacific Cloud Services Trends
Intel discloses US$7 billion operating loss for chipmaking unit
Intel disclosed on Tuesday that operating losses in its foundry business have worsened. The company is trying to recapture the technological lead that has been taken away by Taiwan Semiconductor Manufacturing (TSMC) in recent years. Intel’s operating losses Intel said the…
Asia-Pacific Cloud Services Trends
Major Thai crypto exchange bolsters workforce ahead of IPO
Thailand’s largest cryptocurrency exchange, Bitkub, is preparing for its IPO and actively seeking financial advisors to support the process.
Asia-Pacific Institutional Trends
FlexM and 6G Digital: revolutionising banking through strategic partnership
6G Digital Private has entered a significant partnership by acquiring a 25% stake in FlexM Global, a trailblazing FinTech firm based in Singapore, for an impressive sum of $12.5m, according to a report from IBS Intelligence. The digital bank realm is facing an innovative era In…
Asia-Pacific Cloud Services Trends
Major Chinese telecom companies shift focus to AI
China’s three major telecom companies have announced new plans to shift their investment focus from 5G to cloud computing and AI.
Asia-Pacific Institutional Trends
Japan approves additional US$3.9 billion in subsidies for semiconductor firm Rapidus
Japan’s industry ministry said on Tuesday it had approved a subsidy of up to 590 billion yen ($3.9 billion) to chip foundry Rapidus to boost Tokyo’s plans to rebuild the country’s chip manufacturing base. Rapidus’s plans Rapidus Corporation was founded in 2022 by the Japanese…
Asia-Pacific Cloud Services Trends
China’s 3 largest telecoms companies announced plans for computing network and AI
China’s three major telecommunications companies China Telecom, China Mobile, and China Unicom announced plans to target cloud computing power and artificial intelligence (AI). 5G technology in China According to public data from the Chinese Ministry of Industry and Information…
Asia-Pacific Cloud Services Trends
Hong Kong crypto exchange HKVAEX is shutting down
HKVAEX, a Hong Kong-based cryptocurrency exchange, has initiated a phased suspension of its services, leading to a complete shutdown by May 1, 2024. HKVAEX announces its phased shutdown The first step of the phased shutdown is the immediate suspension of new user registrations…
Asia-Pacific Cloud Services Trends
Tesla raises prices in China and shrugs off price war
Tesla has raised the price of its Shanghai-made Model Y car, breaking away from a price war between a host of local tram brands. Tesla raises prices in China According to Tesla’s local website, the base Y is now priced at 263,900 yuan (US$36,519), up 1.9% from the previous…
Asia-Pacific Cloud Services Trends
Xiaomi’s SU7 buyers face up to 7-month wait
Xiaomi started taking orders for its SU7 electric vehicle sedan, and the company advised buyers interested in purchasing its new SU7 electric vehicle sedan that they may have to wait up to seven months. China’s Xiaomi joins the EV race with ‘dream car’ to take on Tesla Xiaomi e…
Asia-Pacific Cloud Services Trends
US, Japan call for deeper cooperation in AI
Japan and the U.S. will announce closer cooperation in high-tech areas such as artificial intelligence (AI) in a joint statement when Prime Minister Fumio Kishida meets with President Joe Biden next month. Cooperation between Japan and the United States According to the Asahi…
Asia-Pacific Cloud Services Trends
China criticises US tightening of chip export rules
Delve into the escalating US-China tech tensions as China criticizes US semiconductor export rules. Explore the impact on major players like Nvidia and AMD and the broader implications for global trade and industry stability amidst geopolitical maneuvering. The tensions…
Asia-Pacific Cloud Services Trends
Chinese Swatch consumers baulk at increased costs
The Chinese market is expected to be challenging until the end of the year as consumers are hesitant about price rises. Omega, Tissot, and Longines are considering having their shares delisted by the family, but this would require a lot of debt, which CEO Marc Hayek doesn’t like.…
Asia-Pacific Cloud Services Trends
Japan to partner with EU in researching chips and EV materials
Japan and EU join forces to develop key materials for chips and EV batteries, aiming to reduce dependency on China amidst EU’s subsidy probe.
Asia-Pacific Cloud Services Trends
Top tech news stories today: April 1, 2024
Hong Kong’s Crypto Exchange HKVAEX announces phased shutdown, Netflix takes on Facebook, OpenAI’s voice clone looks good, and more tech news from today. 1. Hong Kong crypto exchange HKVAEX announces phased shutdown HKVAEX, a Hong Kong-based cryptocurrency exchange, has initiated…