The algorithm is considered the "secret sauce" behind short-video app TikTok's global success and was one of the focal points when China's ByteDance was forced into talks to sell part of TikTok's U.S operations last year following former President Donald Trump's executive order.
INDONESIAN fintech startup BukuWarung has raised US$60 million in Series A funding in a round led by Valar Ventures and Goodwater Capital.
An independent probe into Toshiba Corp's controversial annual shareholders' meeting last year concluded that the company, together with the government's industry ministry, effectively colluded to undermine shareholders' rights.
PARIS :French technology and digital company Ledger said on Thursday it completed a new US$380 million fundraising round that gave it a valuation of more than US$1.5 billion.
Thai consumer confidence hit a record low in May, hurt by the country's latest and biggest coronavirus outbreak so far, which could cost the economy as much as 800 billion baht (US$25.7 billion), the commerce ministry said on Thursday.
UOB is piloting the use of the Government Technology Agency's (GovTech) Sign with Singpass in its customer transactions, with plans to roll out electronic signature services for customers across the region from 2022.
Britain's competition watchdog is planning a formal competition investigation into e-commerce company Amazon.com Inc, the Financial Times reported on Thursday, citing three unidentified people familiar with the situation.
Chinese e-commerce leader Alibaba Group Holding Ltd plans to develop self-driving trucks with logistics subsidiary Cainiao, Chief Technology Officer Cheng Li said on Thursday.
SINGAPORE: UOB customers will be able to sign electronic documents via their Singpass app from 2022, said the bank on Thursday (Jun 10). Under a 12-month pilot scheme, the bank said it will first test the use of electronic signature services “with a set of its retail and corporate...
Thailand's parliament on Thursday passed a bill to allow the government to borrow an additional 500 billion baht (US$16 billion) to help the tourism-reliant country deal with its latest and worst coronavirus outbreak so far.
