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Indonesian Stripe alternative Xendit plans regional expansion
Indonesia’s Xendit, Southeast Asia’s alternative to payments processing platform Stripe, raises $300mn in preparation for regional expansion. Read more…
Articles by News Centre
Off the Wire
Huawei introduces carrier target architecture – OneStorage
Huawei’s carrier target storage architecture, OneStorage, enables carriers to upgrade data infrastructure and develop new business streams. Read more…
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TikTok testing games on video-sharing app in Vietnam
TikTok has been conducting tests so users can play games on its video-sharing app in Vietnam, part of plans for a major push into gaming. Read more…
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Malaysian telcos demand majority stake in 5G state agency DNB
Four Malaysian telcos are seeking a majority stake in 5G state agency DNB, challenging the minority ownership offer from the government. Read more…
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Cisco cuts forecast as China’s COVID lockdowns hit third-quarter sales
Cisco has cut its yearly earnings forecast after COVID lockdowns in China and the war in Ukraine dragged sales below third-quarter estimates. Read more…
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India’s unicorn startups are turning into zombies as investors balk
Meesho’s struggles point to a painful future awaiting many Indian startups, with investors spooked by fears over corporate governance. Read more…
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India is refusing to budge on new cybersecurity rules despite industry fears
India is refusing to budge on upcoming cybersecurity rules, despite industry fears that they’re too difficult to comply with. Read more…
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Sony has a cross-platform metaverse plan
Sony CEO says the company is well-positioned to play a leading role in the metaverse “where games, music, movies and anime intersect”. Read more…
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Chinese vice-premier Liu tells tech execs it will all be okay
Chinese Vice-Premier Liu He made soothing comments to tech executives in further signs a crackdown on the sector is easing. Read more…
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AFL-CIO wants “pro-China” bits stripped from US chipset competition bill
The AFL-CIO says the Senate version of a bill to boost US chip production and competitiveness “would benefit China’s economy more than ours”. Read more…
