Tech in Asia

Lesotho's 10-year deal with Starlink may help reduce a 50% tariff imposed by the US.

FDA aims to reduce review times using AI while maintaining safety and effectiveness.

Simo will leave Instacart in the coming months but will remain as chair of the board to support her successor.

This decrease was attributed to government debt payments and Bank Indonesia's interventions to stabilize the rupiah.

The trust fund will allocate between 1% and 2.5% of dividends from state-owned enterprises (BUMN) to be used as grants.

The forecast also falls short of analyst expectations, which had projected 4.7 trillion yen (US$30.08 billion).

Narit Therdsteerasukdi, secretary-general of the Board of Investment, said that the US is considering a 36% tariff.

Founded in 2021 by Neatsun Ziv and Lior Arzi, former employees of Check Point, Ox operates from New York and Tel Aviv.

NTT Data offers AI services and consulting to international clients, including some in the US.

This decision affirms a 2023 ruling by a lower court, which denied the FTC's request for a preliminary injunction.

Founded in 2013, Auntea Jenny has over 9,100 franchise stores across 300 Chinese cities.

Sea Limited's new HQ spans over 200,000 square feet and features more than 100 meeting rooms.

Troovy specializes in nutritious snacks for children, including ragi and makhana chips, milk mixes, sauces.

SimpleClosure saw revenue grow twelvefold in 2024 and has now raised a total of US$20.5 million.

Trump's comments come ahead of his planned diplomatic trip to the Middle East, including Saudi and two other countries.

AMD projects a US$1.5 billion revenue loss in 2025 due to US export restrictions on chip shipments to China.

Players like SeaMoney are growing loan books to the tune of several billion dollars. But most users are first-time borrowers in the middle of an economic slump.

OpenAI also clarified that customer data is not used to train its models unless users explicitly opt in.

Meta executives, including Zuckerberg, expressed concerns over TikTok's growing influence on their platforms.

Corporate Secretary R.A. Koesoemohadiani said that the company must conduct thorough assessments of any merger proposals.