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On average, Malaysian online sellers have adopted AI in only 26% of their business operations, significantly lower than the SEA average of 37%. Indonesia and Vietnam lead average AI adoption in eCommerce in Southeast Asia, followed by Singapore and Thailand. Lazada’s new playbook provides sellers with best practices, actionable insights and resources to help integrate AI into their operations. KUALA LUMPUR, MALAYSIA – Media OutReach Newswire – […]

By Anjan Roy In the wake of Trump’s tariffs and restrictive trade practices, a global economic warfare has been sparked off, with all major economies working up stringent measures to teach the newly elected US prescient, Donald Trump, a lesson: Tariffs are a two way instrument. If you impose tariffs on others, others can impose […]

The United States Department of Justice is undergoing a significant transformation in its approach to cryptocurrency-related crimes. The National Cryptocurrency Enforcement Team , established in 2022 to tackle the illicit use of digital assets, is being integrated into the Computer Crime and Intellectual Property Section of the DOJ’s Criminal Division. This strategic move aims to consolidate expertise and resources, enhancing the department’s capability to address the complex intersection of cybercrime and cryptocurrency offenses.

Nicole Argentieri, Principal Deputy Assistant Attorney General, emphasized that this merger would double the number of attorneys available for cryptocurrency matters, reflecting the growing importance of digital assets in the realm of cybercrime. “It’s become obvious to everyone in the cybercrime field that cryptocurrency work and cyber prosecutions are intertwined, and will become even more so in the future,” Argentieri stated.

The NCET has been instrumental in several high-profile cases, including actions against cryptocurrency exchange Bitzlato and the arrest of Avraham Eisenberg for his exploit of decentralized exchange Mango Markets. The integration into CCIPS is expected to provide the NCET with enhanced resources and a broader platform to pursue complex investigations involving digital currencies.

This organizational shift comes at a time when the DOJ’s approach to cryptocurrency mixers has faced scrutiny. In May 2024, Senators Ron Wyden and Cynthia Lummis expressed concerns over the department’s interpretation of money transmission laws in cases against crypto mixing services like Samourai Wallet and Tornado Cash. They argued that the DOJ’s stance deviated from the Treasury Department’s Financial Crimes Enforcement Network’s previous position, which did not classify non-custodial crypto services as money transmitters.

The legal landscape for cryptocurrency mixers has been further complicated by recent court rulings. In November 2024, the U.S. Court of Appeals for the Fifth Circuit overturned sanctions imposed by the Treasury’s Office of Foreign Assets Control on Tornado Cash. The court determined that the smart contracts associated with Tornado Cash did not constitute “property” under the International Emergency Economic Powers Act , thereby exceeding OFAC’s authority.

AMD is preparing to launch the Ryzen Z2 Extreme processor in early 2025, a move anticipated to significantly enhance performance and battery life in handheld gaming devices. This development follows the success of the Ryzen Z1 Extreme, which powered devices like the Asus ROG Ally X and Lenovo Legion Go. The Z2 Extreme is expected to feature eight CPU cores—a combination of three high-performance Zen 5 cores […]

SINGAPORE – Media OutReach Newswire – 8 April 2025 – Juspay, a global leader in payment infrastructure for enterprises and banks, has secured $60 million as part of its Series D funding round in a combination of primary and secondary investments. This investment round was led by Kedaara Capital with participation from existing investors Softbank and Accel. Juspay has expanded its global footprint across Asia-Pacific, Latin America, […]

SEALSQ Corp, a company specializing in semiconductors and post-quantum technology, has announced a strategic partnership with IC’ALPS, a French ASIC design house, to develop advanced Application-Specific Integrated Circuits aimed at enhancing functional safety in the automotive sector. This collaboration seeks to address the emerging cybersecurity challenges posed by quantum computing advancements. IC’ALPS brings to the partnership its expertise in power management integrated circuits and adherence to automotive […]

Meta Platforms has unveiled its latest suite of artificial intelligence models, Llama 4, introducing two variants: Llama 4 Scout and Llama 4 Maverick. These models are designed to process and integrate diverse data formats, including text, video, images, and audio, marking a significant advancement in multimodal AI systems. Llama 4 Scout is engineered for efficiency, capable of operating on a single Nvidia H100 GPU. This design choice […]

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Beacon Red, a subsidiary of the EDGE Group specializing in national security solutions, has entered into a strategic Memorandum of Understanding with Presight AI, a leading provider of big data analytics powered by artificial intelligence. The agreement aims to explore synergies between Presight’s advanced AI and omni-analytics capabilities and Beacon Red’s mission-focused security solutions. The partnership was formalized during the LAAD Defence & Security 2025 exhibition at the Riocentro Exhibition and Convention Center in Rio de Janeiro, Brazil.

The collaboration between Beacon Red and Presight AI is set to leverage the strengths of both entities to develop innovative security solutions. Beacon Red has a track record of tackling complex national security challenges, offering advanced solutions in areas such as cyber defense and secure communications. Presight AI, on the other hand, has established itself as a key player in the AI and big data analytics sector, with partnerships aimed at revolutionizing crisis and disaster management through the integration of advanced data analytics and AI into emergency response systems.

This alliance is expected to focus on integrating Presight’s AI-driven analytics with Beacon Red’s security platforms to enhance situational awareness and decision-making processes in security operations. By combining Presight’s capabilities in processing and analyzing vast amounts of data with Beacon Red’s expertise in security solutions, the partnership aims to deliver comprehensive tools for threat detection and response.

The MoU signifies a commitment to joint research and development efforts, with the goal of creating solutions that address emerging security challenges. Both companies have previously demonstrated a commitment to innovation and collaboration in their respective fields. Presight AI has engaged in partnerships to enhance video analytics capabilities for smart city initiatives, while Beacon Red has been recognized for fostering a high-performance culture and developing cutting-edge security solutions.

The formalization of this partnership at LAAD Defence & Security 2025 underscores the importance of international collaboration in advancing security technologies. The exhibition serves as a platform for defense and security companies to showcase innovations and forge strategic alliances. The Beacon Red and Presight AI partnership exemplifies the trend of cross-sector collaborations aimed at leveraging technological advancements to address complex security issues globally.

As the security landscape continues to evolve with the advent of new technologies and emerging threats, collaborations such as this are poised to play a crucial role in developing solutions that are both effective and adaptable. The integration of AI and big data analytics into security operations offers the potential for more proactive and informed decision-making, ultimately contributing to enhanced security outcomes.

The partnership between Beacon Red and Presight AI reflects a strategic move to harness the power of artificial intelligence in the realm of national security. By combining their respective expertise, the two companies aim to develop solutions that not only address current security challenges but also anticipate and adapt to future threats. This collaboration is indicative of a broader industry trend where technology and security firms are joining forces to create integrated solutions that leverage the latest advancements in AI and data analytics.

While specific details of the joint initiatives have not been disclosed, the partnership is expected to focus on areas where AI can significantly enhance security operations, such as predictive analytics, real-time threat detection, and automated response mechanisms. By integrating AI into security platforms, the collaboration aims to provide security professionals with tools that offer deeper insights and more efficient processes, ultimately leading to more effective security measures.

The collaboration also aligns with broader efforts within the EDGE Group to expand its capabilities in electronic warfare and cyber technologies. The group’s focus on integrating advanced technologies into its portfolio reflects a commitment to staying at the forefront of the defense and security industry. By partnering with technology firms like Presight AI, EDGE entities such as Beacon Red are positioned to offer more sophisticated and comprehensive solutions to their clients.

In the context of global security, partnerships that bridge the gap between technology and defense are becoming increasingly important. The integration of AI into security operations offers the potential to transform how threats are detected and managed, enabling more proactive and adaptive responses. As such, collaborations like the one between Beacon Red and Presight AI are not only beneficial for the companies involved but also for the broader security landscape.

The formalization of this partnership at an international event like LAAD Defence & Security 2025 highlights the global nature of security challenges and the need for cross-border collaborations to address them effectively. By coming together, companies from different regions and sectors can combine their strengths to develop solutions that are more robust and versatile.

Investors should brace for volatility to remain a defining feature of financial markets until at least September, as a new era of trade disruption, inflation pressures, and global realignments gathers pace. Markets are still reeling from the deepening fallout of President Donald Trump’s sweeping tariff offensive. After his aggressive trade moves last week — dubbed Liberation Day by the White House — equities have suffered one of […]

New global thought leadership series spotlighting the HKSTP I&T powerhouse, uniting its soft power of visionaries to rally the world to keep up with Hong Kong’s innovation HONG KONG SAR – Media OutReach Newswire – 7 April 2025 – HKSTP’s Keep Up global brand campaign has taken the world by storm, reaching over 19 million people across 240+ destinations worldwide since its launch in July 2024—a testament […]

Greenlogue/AP NEOM Green Hydrogen Company has initiated a substantial recruitment campaign to staff its forthcoming green hydrogen facility at Oxagon in Saudi Arabia’s northwestern region. This initiative seeks to attract skilled professionals across various departments, including Corporate, Environment, Health, Safety, and Security , Risk Management, Operations & Maintenance, Finance, Information Technology, and Cyber Security. The construction of this plant is progressing on schedule, with full operational capacity […]

Emirates Airline has intensified its sustainability initiatives by implementing a closed-loop recycling programme aimed at reducing plastic waste. This initiative involves recycling millions of onboard items, including plastic trays, bowls, snack dishes, and casserole dishes, at a local facility in Dubai. These items are remanufactured into new meal service products for use on flights, aligning with the principles of a circular economy where materials are reduced, reused, and recycled.

The recycling process entails collecting used and damaged meal service items from Economy and Premium Economy Class after flights. These items are then washed, inspected for damage, and transported to a Dubai facility where they are ground down, reprocessed, and remoulded into new dishes, bowls, and trays. The remanufactured products are subsequently returned to Emirates Flight Catering for use in future in-flight services.

Emirates has partnered with deSter FZE UAE, a leading provider of serviceware concepts to the aviation industry and an expert in closed-loop manufacturing, for this initiative. The new meal service items contain at least 25% reused material, with plans to increase this proportion over time. The deSter facility in UAE was chosen to minimize the carbon footprint associated with recycling processes, as it eliminates the need to send products to other countries for recycling. The factory also incorporates sustainable design principles, focusing on solar power, efficient water use, and waste minimization.

HONG KONG SAR – Media OutReach Newswire – 7 April 2025 – The Department of International Trade Promotion (DITP), Ministry of Commerce, successfully hosted Thai Night: Where Films Come Alive 2025 at JW Marriott Hong Kong during FILMART 2025, reinforcing Thailand’s position as a global hub for the film and entertainment industry. Presided over by Her Royal Highness Princess Ubolratana Rajakanya Sirivadhana Barnavadi, the event brought together […]

Legrand, a global specialist in electrical and digital building infrastructures, has acquired Computer Room Solutions , an Australian company renowned for its expertise in data and communications infrastructure. This strategic move is part of Legrand’s ongoing efforts to enhance its footprint in the rapidly expanding data centre market. Established in 2006, CRS has built a solid reputation as a comprehensive provider of ICT systems design, manufacturing, and […]

Indian metal companies are significantly expanding their operations, driven by robust domestic demand, even as they navigate complex global trade dynamics. Industry leaders such as Vedanta and JSW Steel are at the forefront of this growth, unveiling ambitious plans to scale up production capacities across various segments.

Vedanta, a prominent conglomerate, has announced a $20 billion expansion strategy encompassing sectors like zinc, aluminium, copper, iron, steel, oil, gas, and power. This initiative includes seeking global partnerships to bolster its ventures. The company is also in the process of restructuring into four distinct entities: Vedanta Aluminium, Oil and Gas, Power, and Iron and Steel. Notable investments involve allocating $2 billion to $2.5 billion for enhancing Hindustan Zinc’s production and $5 billion aimed at increasing oil output through Cairn India. Additionally, Vedanta plans to double its power portfolio and explore opportunities in nuclear energy, targeting 5 GW of nuclear power for internal consumption within India.

JSW Steel, another major player, is pursuing an aggressive expansion trajectory. The company aims to elevate its production capacity from the current 27.5 million tonnes per annum to 38.5 mtpa by the fiscal year 2024-25. This growth strategy includes commissioning iron ore and coal mines in Karnataka, Odisha, and Goa, which is expected to reduce operational costs. JSW Steel is also investing in renewable energy projects to further decrease production expenses. The company has set a target to reach a 50 mtpa capacity before 2030, reflecting confidence in sustained domestic demand growth.

Tata Steel is also contributing to the industry’s expansion by adding 5 million tonnes to its existing 21 mtpa capacity. Similarly, Jindal Steel and Power plans to increase its capacity by 6 million tonnes, building upon its current 9.6 mtpa. Collectively, these initiatives represent a substantial investment aimed at capitalizing on India’s burgeoning steel consumption, which is projected to grow between 8% to 10% in the fiscal year 2024-25.

The Indian government’s policy measures are playing a crucial role in supporting domestic manufacturers. The “Domestically Manufactured Iron and Steel Products Policy 2025,” effective from April 1, mandates that all government ministries and agencies prioritize locally produced steel products. This policy aims to protect the domestic steel industry from the influx of cheaper imports, particularly from countries like China, South Korea, and Japan. It also restricts the use of foreign certifications or stringent technical specifications that could disadvantage local suppliers and bars foreign entities from participating in Indian tenders if their home countries impose procurement restrictions on Indian mills.

Despite these protective measures, Indian steelmakers face challenges from international trade policies. The United States has imposed a flat 26% reciprocal tariff on all Indian exports, citing high Indian tariffs on U.S. goods. This move is expected to impact key Indian export sectors, including electronics, gems and jewellery, and certain aluminium and auto parts. However, pharmaceuticals and energy products are exempt from these tariffs. In response, India is engaging in negotiations with the U.S. for a new trade deal and has expressed willingness to reduce tariffs on $23 billion worth of U.S. imports. Additionally, India is exploring opportunities to expand exports in sectors like textiles, apparel, footwear, and steel, particularly as higher tariffs are levied on Chinese goods.

The United Arab Emirates has reaffirmed its position as the global leader in Fibre to the Home connectivity, achieving a penetration rate of 99.3%. This marks the eighth consecutive year the nation has topped international rankings, surpassing technological hubs such as Singapore, Hong Kong, China, and South Korea. The FTTH Council’s latest annual report highlights this milestone, underscoring the UAE’s commitment to advancing its digital infrastructure.

The FTTH Council’s analysis encompassed data from 20 countries with FTTH availability exceeding 50%. Singapore secured the second position with a penetration rate of 97.1%, followed by Hong Kong at 95.3%, China at 92.9%, and South Korea at 91.5%. The UAE’s leading status reflects the nation’s strategic emphasis on developing next-generation digital infrastructure to support its economic and technological ambitions.

Central to this achievement is e& UAE, formerly known as Etisalat, which has played a pivotal role in enhancing the country’s connectivity landscape. The company has consistently invested in and developed world-class infrastructure for both 5G and fibre networks. Masood M. Sharif Mahmood, CEO of e& UAE, stated that the UAE’s proactive strategies and investments in fibre connectivity are a testament to the nation’s visionary leadership and its confidence to empower people to thrive in the digital age.

The UAE’s focus on fibre connectivity is integral to its broader digital transformation agenda. The nation has continuously invested in innovation and next-generation technologies to expand and enhance its infrastructure. This robust network forms the backbone of a digital ecosystem that supports various advanced technologies, including augmented reality, robotics, and artificial intelligence.

The high FTTH penetration rate offers tangible benefits to both consumers and enterprises. For consumers, it translates to high-speed internet access, facilitating seamless experiences in gaming, streaming, and other bandwidth-intensive applications. Enterprises, on the other hand, can leverage this infrastructure to support advanced use cases, applications, and technologies, thereby driving digital transformation across various sectors.

Beyond performance enhancements, fibre connectivity contributes to energy efficiency and sustainability goals. It is also critical in advancing hyperscalers, 5G Advanced, data centre connectivity, smart cities, and AI-driven initiatives. The UAE’s commitment to fibre connectivity aligns with its vision to become a global hub for innovation and technology.

The Emirate of Ajman has introduced a new law aimed at bolstering investment in its property sector while safeguarding investor rights and enhancing transparency. This legislative move is part of a broader strategy to position Ajman as a premier destination for real estate investment. The law seeks to encourage private sector participation in developmental projects and attract both national and international investments across various domains. It is […]

Voltage Park, a provider of scalable GPU-as-a-service solutions, has acquired TensorDock, a prominent GPU cloud marketplace. This strategic move aims to enhance Voltage Park’s artificial intelligence infrastructure offerings and broaden its market reach. The acquisition aligns with Voltage Park’s mission to democratize access to machine learning infrastructure. By integrating TensorDock’s marketplace platform, Voltage Park intends to offer a more comprehensive suite of services to enterprises, research institutions, […]

By K Raveendran Donald Trump and Narendra Modi never seem to tire of expressing admiration for each other, their mutual regard forming an odd but undeniable transnational political camaraderie. What binds them is not simply shared ideology but a similar worldview shaped by populism, nativism, and a flair for dramatic, often reckless, decision-making. Modi’s ‘Atmanirbhar […]

A magnitude 6.9 earthquake struck off the coast of New Britain’s Kimbe town in Papua New Guinea at approximately 9:04 pm local time on April 4, 2025. The United States Geological Survey reported that the earthquake’s epicenter was located about 120 miles east of Kimbe, at a shallow depth of six miles. The Pacific Tsunami Warning Center issued alerts for potential tsunami waves ranging from one to […]

KUALA LUMPUR, MALAYSIA – Media OutReach Newswire – 5 April 2025 – Octa, a global broker since 2011, recently received the FXDailyInfo award as ‘The Most Innovative Broker 2025’. This accolade yet again highlights Octa’s focus on incrementally improving its proprietary trading platform, OctaTrader. Financial portal FXDailyInfo recognised Octa as ‘The Most Innovative Broker 2025’. With this award under its belt, Octa broker has already gained 10 […]

MIAMI, USA – Media OutReach Newswire – 4 April 2025 – Bigo Live’s Harmony Showdown talent competition will come to a thrilling conclusion on April 9, 2025, at BIGO Fest: Miami Live. Organized by global social livestreaming platform Bigo Live, Harmony Showdown is a head-to-head talent competition featuring musical acts and performers coached by celebrities with rigorous eliminations determined by fan voting. From an initial pool of […]

South Korea’s Constitutional Court has unanimously upheld the impeachment of President Yoon Suk Yeol, officially removing him from office. The decision follows Yoon’s controversial declaration of martial law in December 2024, which led to widespread political turmoil and public outcry. Acting Chief Justice Moon Hyung-bae stated that Yoon’s actions constituted a “serious challenge to democracy” and a “grave betrayal of the people’s trust.” He emphasized that the […]

Bitcoin’s network hashrate has achieved a new all-time high, reflecting a surge in mining activity and bolstered network security. As of March 24, 2025, the hashrate peaked at 1,088.76 exahashes per second , surpassing previous records and indicating significant growth in computational power dedicated to the network.

This milestone coincides with Bitcoin’s price surpassing the $100,000 threshold, reaching a peak of $103,259 before stabilizing around $102,648. The price surge has been partly attributed to political developments, including President-elect Donald Trump’s appointment of Paul Atkins, a pro-crypto figure, to lead the Securities and Exchange Commission .

The correlation between Bitcoin’s hashrate and its market price has been a topic of analysis among industry experts. Historically, an increase in hashrate has often preceded price appreciation, as miners’ confidence in the network’s profitability grows. Conversely, a rising price can incentivize more miners to join the network, further increasing the hashrate. This interplay suggests a symbiotic relationship where each factor can drive the other.

The recent surge in hashrate indicates a substantial increase in mining activity. This growth enhances the network’s security by making it more resilient to potential attacks. However, it also intensifies competition among miners, leading to higher operational costs and potential profit margin compression.

In response to these dynamics, some mining companies have adopted strategies to mitigate financial pressures. For instance, major U.S. miners have been stockpiling Bitcoin to navigate thinning profit margins amid escalating competition and operational costs. Companies like Mara Holdings, Riot Platforms, and CleanSpark have collectively raised over $3.7 billion since November 2024, leveraging the cryptocurrency’s price surge to bolster their reserves.

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