Smoother payments to boost Singles Day
The Nov 11 shopping gala features steep discounts and alluring promotions
Technology
Massive shortage of tech talent looms as Asia takes to digitalisation
A 2022 Digital talent Insight report estimates a shortage of 47 million tech talent by 2030 in the Asia Pacific region
Chinese tech firms prepare for metaverse boom
The term is one of the hottest buzzwords for the next phase of the internet, where the virtual world and the physical world are becoming ever more interconnected
Viet Nam has the largest number of people streaming YouTube on TVs in the Asia-Pacific
More than 25 million Vietnamese streamed YouTube on their TV screens in May, far higher than the number in Japan and India
The rise of cryptocurrency
Despite all the hype, however, few people really know what’s going on behind the buzz
Nobel prize laureate Stiglitz urges regulators to shut down cryptocurrencies
The economist also suggested market transparency and well-designed regulations as prerequisites for the city to become a global financial hub.
TikTok tells US lawmakers it does not give information to China’s gov’t
Senators at the hearing also voiced concerns that TikTok has algorithms that can be harmful to young people.
Major network outage disrupts regular services nationwide
Virtual classrooms were down, food delivery orders were lost, and clinics couldn’t access patient data.
Cyberattacks cost Indonesian SMEs dearly
A new study from technology company Cisco shows that one-third of Indonesian SMEs suffered from cyberattacks in the last 12 months.
Japanese consumers can now snap up artwork, even cars online
Department stores and automakers are increasingly focusing on online sales, which spread as a result of so-called stay-at-home demand.