Tech in Asia

This update builds on Gemini 2.0 Flash and brings new reasoning capabilities designed for efficiency.

Liu credited Taiwan’s dominance to its robust and geographically concentrated supply chain.

XRP is currently the third-largest cryptocurrency, with a market capitalization of approximately US$121 billion.

The startup plans to allocate the new funding towards product development and research efforts.

In today’s daily newsletter: Philippine mom and pop shops are ghosting merchant accounts. Also, a peek into the financial numbers of Singapore fintech firm Osome.

Hearst Ventures emphasized that the closure does not mark a withdrawal from Israel’s startup ecosystem.

The trial examines allegations that Meta monopolized parts of the social media market by acquiring Instagram and WhatsApp.

The deal, based on Germany's StaRUG regulation, received 75% stakeholder approval but was opposed by current owners.

China's 5G user penetration rate reached 75.9% as of March, with 4.395 million base stations installed.

Etsy CEO Josh Silverman said that the company is working to limit disruptions for its 5.6 million active sellers.

FPT Corp, the country’s largest private tech firm, currently holds 45.66% of FPT Telecom and controls the company.

As part of the move, the company has changed its name from PhonePe Private Limited to PhonePe Limited.

A deregulation task force will be formed to assess licenses and incentives that could boost Indonesia's business climate.

Lawmakers cited the 2023 hacking incident that exposed the data of nearly 7 million customers.

This change comes as ride bookings remain suspended in cities where the company operates, including Delhi-NCR.

The launch comes as rivals like Google push cheaper AI models, such as Gemini 2.5 Flash, into the market.

The US delegation responded positively and agreed to initiate technical-level negotiations.

Across Asia Assist Indonesia operating for over a decade, has served insurers like Allianz and AXA.

Roblox, which has 85 million daily users, is also being questioned on how minors may bypass parental controls.

This represents the seventh consecutive quarter of decline for the company.