SG orders Meta to block FB posts seen as influencing its election
The blocked posts reportedly targeted Singaporean voters, urging decisions based on racial and religious lines.
Tech in Asia
US gov’t urges EU to revise AI code following industry criticism
This voluntary code, still being developed, seeks to align tech companies with the upcoming EU AI Act.
Samsung to invest $117m in Indian facility after labor strikes
The minister said the new investment is expected to create 100 additional jobs, adding to the more than 2,000 people.
Didi starts hiring drivers for Hong Kong ride-hailing push
An ad spotted by Bloomberg directs drivers to download the KayGo Driver app, which is linked with Didi.
Intel’s shares fall after weak Q2 outlook
The company projected revenue between US$11.2 billion and US$12.4 billion for the June 2025 quarter.
TikTok’s US leadership restructures due to regulatory pressure
The changes come as the company confronts a potential ban unless its parent company, ByteDance, divests its ownership.
Amazon invests $41m in India payments arm
In March 2025, Amazon Pay held a 0.6% market share with 111.06 million UPI transactions.
OpenAI launches lightweight version of ChatGPT deep research
This model, powered by OpenAI's o4-mini, is accessible to both free users and those on various paid subscription tiers.
Pure EVs regain the lead in China on cheaper lithium
Pure electric vehicles saw a 48% rise in sales, reaching 1.93 million units in the first quarter.
VinFast responds to local group disruptions at Indonesia factory
The facility will cover 171 hectares in a growing industrial area.
Indonesian gov’t claims two foreign investors eye Danantara
The interest from foreign investors followed President Prabowo Subianto's recent visit to Qatar.
Trump’s tariffs: Shein, Temu to raise prices on imports from China
Both brands primarily manufacture in China, which is subject to steep tariffs introduced during Donald Trump's presidency.
Ant Group rolls out global AI hiring program
Ant Group introduced 'Plan A' during the ICLR conference to attract top AI researchers globally.
Tencent Music in talks to acquire long-form audio firm Himalaya
Himalaya's subsidiary recently raised capital eightfold, sparking speculation about a potential buyout.
Alipay’s contactless payment Tap! hits 100m users in 11 months
Alipay Tap! has reached 100 million users in just 11 months since its launch in June 2024.
Chinese cargo drone firm Weizhi Aviation closed pre-series A
Microavia's first drone, MacroYunxiong, weighs 1.5 tons and can carry up to 500 kilograms.
Jakarta’s tariff dilemma
Trump’s tariffs are squeezing Indonesia’s local industries, while GCash parent Globe names a new CEO. Catch these stories in today’s newsletter.
China’s political bureau supports companies hit by US tariffs
The decision-making body aims to stabilize employment and enhance economic resilience amid ongoing trade tensions with the US
US, India seek trade deal over tariff issues
Negotiations cover 19 categories, including ecommerce, agricultural goods, and critical minerals.
Samsung warns US tariffs may increase EV costs
Samsung SDI supplies batteries to major automakers like BMW, Rivian, and General Motors.
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