Companies
Google parent to lay off 12,000 workers as AI focus intensifies
Ad growth in key search engine waning after post-pandemic surge in consumer spending
Tech
Telecommunication
NTT to invest $500m a year in India for data centers, other tech infrastructure
Japanese telecom group also plans undersea cable stations in Mumbai, Chennai
Cryptocurrencies
Head of Hong Kong cryptocurrency exchange OSL steps down
CEO Wayne Trench moves to advisory role amid crypto market downturn
DealStreetAsia
PhonePe raises $350m, now one of India's most valuable fintechs
Private equity firm General Atlantic leads fresh round of funding
Davos 2023
Intel CEO committed to long-term investment despite chip glut
U.S. producer hits the gas and the brake at same time, Gelsinger tells Davos
Technology
India's top court rejects Google plea to block Android ruling
U.S. tech giant must pay $161m fine and curb restrictions on pre-installed apps
#techAsia
Beijing keeps the tech sector guessing
The inside story on the Asia tech trends that matter, from Nikkei Asia and the Financial Times
Myanmar Crisis
Myanmar embraces mobile payments under military rule
Authorities use services to crack down on funding to rebels
Transportation
Japan to allow electric scooter riding without driver's license
Starting July, new rules apply to models with maximum speed of 20 kph
DealStreetAsia
Singapore cybersecurity firm Blackpanda bags $15m in funding
Startup plans to use capital to expand in Asia, boost its services
Cryptocurrencies
Crypto exchange Coinbase to halt Japan operations
Company cites volatile market conditions a year and a half after getting license
Automobiles
China's self-driving car push hits legal and cost roadblocks
WeRide and Pony.ai turn to selling systems for short-term profits
Davos 2023
IBM chief says tech's outlook is strong despite economic slowdown
Krishna at Davos says industry growth to outpace that of global GDP by 2% to 4%
China tech
China to launch state-owned ride-hailing platform
Move is response to 'disorderly expansion and data security problems' in sector
Automobiles
Toyota limits orders for Lexus in Japan due to chip shortage
Auto giant struggles with production of luxury cars requiring more semiconductors
DealStreetAsia
Creative Gorilla launches $20m fund to back Indonesian startups
Debut fund is looking to invest in consumer-focused companies
Food & Beverage
Grab tightens ASEAN food delivery grip despite slowing growth
Singapore-based superapp provider ousts Malaysia, Vietnam rivals from top spots
Startups
In Thailand, tuk-tuk apps spare tourists the hassle of haggling
MuvMi app makes rides more accessible to foreigners by setting prices
Startups
Asian startups under pressure to cut costs after funding drops
India's Byju's shows how founders face tough choices to ensure profitability
US-China tensions
U.S. extends China chip curbs to Macao
Biden administration notes risk of technology diversion to mainland
