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Southeast Asia Digital Economy Heads for USD 368 Billion This Year
Southeast Asia's digital economy is on course for USD 368 billion in gross merchandise value this year, up 17% on the year before and tracking past USD 1 trillion within a decade, according to the eleventh e-Conomy SEA report from Google, Temasek and Bain & Company. The headline the authors push is adoption rather than spend. Generative AI use has reached 243 million people, or 58% of the working population, in under three years, a pace four times faster than the mobile inter
1 day ago


Malaysia Flags Waze Data Risk in National Security Review
Malaysia's National Cyber Security Committee has examined the security risks that come with Waze, the navigation app founded in Israel and owned by Google, and concluded that users should weigh an alternative. Malaysia's prime minister, who chaired the meeting, said the app falls under Israeli government laws, which places the location data it collects within another country's legal reach. According to Free Malaysia Today, he set out the position in a Facebook post after the
1 day ago


Chinese Tech Giants Order Billions in Nvidia Chips Amidst Curbs
ByteDance, Alibaba, and Tencent have placed orders for over 3 million of Nvidia's new RTX PRO 5500 graphics cards. Their collective value exceeds USD 35 billion amidst US trade restrictions with China, according to Reuters.
1 day ago
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