Indonesia threatens sanctions for tech firms in upcoming social media ban
The Communications and Digital Ministry is preparing a ministerial regulation that would stipulate detailed provisions on punishments for tech companies found violating a…
Corporate Buzz
CEO of South Korean e-commerce platform resigns over massive data breach
The CEO of Coupang stepped down after a major data breach that compromised personal data of millions of users — prompting a crisis of trust and internal shake-up at the company.
South Korean e-commerce giant Coupang’s ownership structure under scrutiny as US class action advances
Despite the US Securities and Exchange Commission requiring public companies to file a report within four business days of determining a significant cyber incident, Coupang had…
Microsoft announces $17.5 billion investment in India, its ‘largest ever’ in Asia
Several global corporations have announced large investments this year in the South Asian nation, which is projected to have more than 900 million internet users by year’s end.
Japan’s steelmakers turn to hydrogen in decarbonisation efforts, but high costs hinder progress
As market conditions worsen due to shrinking domestic demand and overproduction in China, there have been moves to reconsider decarbonisation investments.
Japan recalls much-loved Pocky, other Glico chocolate products over smell
The company said eating the products poses no health risks.
From IndiGo to IndiGone? India’s largest carrier faces government and passenger wrath
From being an airline once admired for its efficiency and rare ability to notch up profits in an industry that has seen several of its competitors go bust, IndiGo has become the…
Taiwan to ban China’s Xiaohongshu app for one year on fraud concerns
In a statement, Taiwan's Interior Ministry said the fraud cases on the app, which it said had three million users in Taiwan, had resulted in losses of US$7.9 million since 2024,…
Japanese firms sue U.S. government for return of collected tariffs
The move comes as the U.S. Supreme Court continues to hear arguments over the legality of the “reciprocal tariffs” and other measures invoked by the Trump administration, to…
How ex-employee exposed 33.7 million users: South Korean e-commerce giant Coupang’s security gaps explained
Weak privilege controls, outdated oversight, and low security investment allowed the breach to unfold undetected for over five months.