Digital Economy stories - Page 5

Visa's digital economy and anti-fraud efforts in Asia Pacific are making strides. Over USD $2bn in transactions were processed through its Token Service, and merchants reported a 58% decrease in fraud.

Google pairs up with the Malaysian Government to launch two major projects aimed at fostering AI skills among the youth and enhancing public service using cutting-edge cloud tools, aligning with the MADANI Economy Framework.

MGB Sany, a subsidiary of Malaysian construction firm MGB Berhad, partners with global software provider Epicor to digitise and streamline its e-invoicing process ahead of new government regulations.

Akamai Technologies boosts security with significant upgrades to its App and API Protector, providing advanced DDoS defenses, browser impersonation detection, and improved API security.

Asia-Pacific's fastest-growing data center platform, BDx Data Centers, has secured a $155m debut loan from DBS Bank and OCBC for purchasing Singapore's OneTen Paya Lebar and future plans.

The UK's tech sector falls short in diversity, with women occupying only 28% of positions and a mere 22% in senior roles, hindering innovation and widening the industry's skill gap.

Empyrion DC secures its first green loan of SGD$133 million from UOB, bolstering its commitment to environmental sustainability and aiding operations of the award-winning SG1 Dodid Data Centre.

Indosat Ooredoo Hutchison pioneers as Indonesia's first NVIDIA Cloud Provider Partner in a bid to propel the nation's AI development, supplying businesses with new tech and high-density data centres.

Akamai Technologies bolsters App and API Protector with precise DDoS attack mitigation, URL Protection and Browser Impersonation Detection.

Australia is at risk of losing 5G technology advantage due to slow business uptake, despite sturdy infrastructure and consumer adoption, warns AMTA.

Bitera, a world-class data centre, has opened in Indonesia, aiming to boost the country's digital economy and combat the current under-penetration of data centre capabilities.

Juniper Networks partners with KK Networks in a bid to offer affordable internet to Pakistan's residential users, aiming to boost the digital economy and counter the nation's internet access issue.

Global digital infrastructure firm Equinix has unveiled an extensive 1MW rooftop solar system, one of Australia's largest data centre solar deployments, in Melbourne.

At a Parliamentary Skills Summit, tech industry leaders urged the UK government for significant investment in digital AI training, aiming to upskill future generations and close the digital skill gap.

EDOTCO Group, a leading digital infrastructure provider, has named Ashok Muthu as its new Country Managing Director for Cambodia, reflecting the firm's commitment to advancing Cambodia's telecoms sector.

European Parliament's core groups ratified a landmark AI Act, potentially forming the world's first legislation on artificial intelligence technology usage, ahead of April's vote.

A $1 million cybersecurity training initiative between Microsoft, National Australia Bank, and CITT aims to bolster security understanding for small businesses and equip students with practical industry experience in Victoria.

Goodman Group reports a 29% increase in interim FY24 profit to A$1.127 billion, prompting a revision of their earnings guidance to 11%.

Amid Australia's living-cost crisis, over 300,000 local millennials and Gen Z users saved up to $2.4bn cumulatively since joining micro-investing app Raiz Invest, exploiting technology for modern saving strategies.

Grok Academy names former Commonwealth Bank exec Martha McKeen as Chief Strategy Officer, bolstering efforts to address Australia's tech skills shortage through teacher resourcing and student engagement.