Singapore-headquartered Ant International said it has developed an AI model that predicts currency exchange rates on an hourly basis for both inbound and outbound transactions, which would help businesses reduce transaction costs and better allocate resources, the company said in a statement on Thursday. “Integration of AI into the processing of cross-border transactions is of … Read more
Tamannaah Bhatia was interrogated by the Enforcement Directorate (ED) in Guwahati on Thursday regarding a money laundering investigation tied to the HPZ Token mobile app. The app allegedly defrauded numerous investors by falsely promising Bitcoin and cryptocurrency mining opportunities, according to official sources. Tamannaah Bhatia interrogated by ED over money laundering case linked to ‘HPZ … Read more
Temu’s website in Vietnam, however, showed that the company’s foray into one of the fastest-growing economies in the region was apparently rushed. It currently supports only English as well as transactions made via credit card and Google Pay, while excluding leading Vietnamese mobile payment service Momo. In affluent Brunei, Temu is available in both English … Read more
Is there a bird singing beautifully outside your window but you do not know what kind? Take a quick snap or record some of the chirping and you can find out using the Merlin Bird ID app. The app, which is free for iOS and Android, can identify birds quickly and precisely based on photos … Read more
Ant Group, the fintech affiliate of Alibaba Group Holding, will kick off a new round of dividend payments to all eligible shareholders and employees who hold equity incentives, according to reports this week by several state-owned Chinese media. The company’s new dividend distribution plan, which was approved during a recently convened shareholders meeting, was “formulated … Read more
“We’re excited to collaborate with Amazon to offer a seamless and fun shopping experience,” TikTok wrote in a post on Thursday, which did not provide details on how many international markets are covered by this collaboration. TikTok users will see Amazon product recommendations on the app’s “For You” feed, according to the post. In the … Read more
The 31-year-old Dong, a former teacher who gained fame and wealth in China’s live-streaming e-commerce sector, left his employer because of “career aspirations, commitment to his other pursuits and personal time arrangements”, Hong Kong-listed East Buy said in a filing on Thursday. Dong’s resignation is effective immediately. As part of that departure, East Buy agreed … Read more
Efforts to deal with a global tech outage that caused chaos for travellers, hospitals and banks are underway, but it may not be the end of your computer woes: Phishing schemes trying to reel in businesses and individuals are now coming to light. Security specialists are warning to be aware of malicious actors purporting to be tech specialists offering help to recover … Read more
TikTok, the global hit short video platform owned by ByteDance, is set to jump into Southeast Asia’s local services sector, initially enabling users in Indonesia and Thailand to obtain vouchers for restaurants, flights and hotels via links on their feeds. Restaurants owners and merchants in those two countries are being encouraged to join the social … Read more
A shark was reportedly stabbed by a fisherman and left for dead on a local beach over the weekend, as a leading shark researcher urged fishers to “be aware these protected sharks are out here.” The juvenile sand tiger shark was found by a woman walking along a Marshfield beach on Saturday — who reported … Read more
