These Asian tech startups have been raking up millions in investments during the pandemic

Economic statistics cannot keep up with the rate at which people are losing jobs all over the world as a result of the COVID-19 pandemic. The tech industry has been no different, as we have seen mass layoffs, especially in companies whose operations have been severely curtailed by lockdown measures, such as ride-hailing applications. However,Continue reading “These Asian tech startups have been raking up millions in investments during the pandemic”

Tech in Asia weekly briefing︱June 2nd

Covering Mainland China, Hong Kong, Japan, South Korea, Indonesia, Malaysia, Singapore, Philippines, Thailand, Vietnam, India, and Pakistan.

Singaporean sovereign wealth fund joins Libra

Temasek Holdings, a Singaporean state-owned investment firm, has joined Facebook’s digital currency project and become the first government-owned fund to join the association. Temasek is Singapore’s sovereign wealth fund and has over US$210 billion under management, including investments in Alibaba, Tencent, and Dell. The fund tweeted that it was looking forward to the potential ofContinue reading “Singaporean sovereign wealth fund joins Libra”

Survey: Singapore residents don’t trust technology to make decisions for them

Singapore residents do not trust data and technology when it comes to making meaningful decisions that have a significant, long-term impact on their lives. New research from data intelligence company Qlik conducted by YouGov shows that more than half (56%) of those surveyed tend to make decisions based on their emotions, experiences, and intuition, asContinue reading “Survey: Singapore residents don’t trust technology to make decisions for them”

Online scams spike in Asia during the pandemic – are you at risk?

The COVID-19 pandemic has caused an alternate pandemic of online scams. Barracuda, a provider of cloud-enabled security solutions, recently recorded a 667% increase in phishing attacks this year. Gmail also reported that 18 million of the 100 million phishing emails it blocks daily are now COVID-19-related. These types of scams have become a cross-border issueContinue reading “Online scams spike in Asia during the pandemic – are you at risk?”

Tech in Asia weekly briefing︱April 10th

Welcome to our first weekly briefing. Whereas our other articles follow one theme each week, this weekly article will give you an overview of tech news across the continent. Do you have any ideas about what you would like to see here each week? Please drop us feedback on social media or email us atContinue reading “Tech in Asia weekly briefing︱April 10th”

Is privacy less valued in Asia?

Throughout the COVID-19 pandemic, some Western media outlets have been quick to dismiss lockdown and surveillance systems used in East and Southeast Asia as measures that never could be deployed or supported in the West. These beliefs are briskly being swept under the rug. Nonetheless, the question remains; why are many countries in East andContinue reading “Is privacy less valued in Asia?”