INTERNET SPACE - INDO DAILY

Jack Ma living in Japan after China tech crackdown: FT

Nov 30, 2022 (AFP)

The billionaire has kept a low profile since the crackdown, which has included Chinese regulators scrapping the IPO of Ma's Ant Group and issuing Alibaba with r...

Three-quarters of people over 10 own a mobile phone: UN

Nov 30, 2022 (AFP)

The UN's International Telecommunication Union has provided its first estimate of regional and global ownership, revealing that 73 percent of the world's popula...

Hong Kong crypto exchange falls silent, fuelling shutdown fears

Nov 29, 2022 (AFP)

Atom Asset Exchange (AAX) prevented customer withdrawals on November 15, saying its capital position was under "acute pressure" after some investors asked for t...

SpaceChain paves way for high-speed blockchain processing in space with 7th launch

Nov 29, 2022 (SPX)

Once installed and tested on the ISS via Nanoracks, the space node will be capable of processing Velas blockchain on the ISS and sending Velas digital assets fr...

Twitter aims to diversify beyond advertising, but can it be done?

Nov 25, 2022 (AFP)

Something of a gold standard, social media ads can be fine-tuned and tailored to individual users on a mass scale, and have been particularly lucrative for Meta...

China iPhone factory workers take the money and leave after protests

Nov 24, 2022 (AFP)

The workers are leaving the plant in Zhengzhou in the wake of bloody clashes with police, in which more than a dozen protesters were hurt, furious about Foxconn...

Musk announces 'amnesty' for banned Twitter accounts after poll

Nov 24, 2022 (AFP)

The announcement comes as Musk faces pushback that his criteria for content moderation is subject to his personal whim, with reinstatements decided for certain ...

Foxconn apologises after protests over pay and conditions at China iPhone factory

Nov 24, 2022 (AFP)

Hundreds of workers marched in Zhengzhou -- dubbed "iPhone City" as the world's biggest producer of the smartphone -- with some clashing with riot police and pe...

Foxconn confirms 'violence' at China iPhone factory

Nov 23, 2022 (AFP)

In a statement, the company said workers had complained about pay and conditions at the plant, but denied it had housed new recruits with Covid-positive staff a...

Musk floats 'general amnesty' of suspended Twitter accounts

Nov 23, 2022 (AFP)

The move comes as Musk has faced pushback that his criteria for content moderation is subject to his personal whim, with reinstatements decided for certain acco...

Baidu revenue up 2% amid cost-cutting drive

Nov 22, 2022 (AFP)

Its earnings report showed Baidu posted a net loss of 146 million yuan for the three months through September as it reined in costs and trimmed back far deeper ...

'Twitter becoming taboo': celebs look for exit strategies

Nov 22, 2022 (AFP)

For some Twitter celebrities, particularly those working in politics and crypto-finance, the potential demise of the platform under Elon Musk's erratic stewards...

Twitter turmoil, staff exodus aggravate security concerns

Nov 20, 2022 (AFP)

Twitter devolved into what campaigners described as a cesspit of falsehoods and hate speech after recent layoffs cut half the company's 7,500 staff and fake acc...

Alibaba reports net loss of $2.9 billion in third quarter

Nov 17, 2022 (AFP)

The loss was primarily due to a "decrease in market prices of our equity investments in publicly traded companies", among other factors, the company said in a s...

'Hardcore' or bust: Musk gives ultimatum to Twitter staff

Nov 16, 2022 (AFP)

The Tesla tycoon has come under fire for radical changes at the social media company, which he bought for $44 billion late last month. He has fired half of the ...

Amazon plans to invest $2.5 billion in Spain

Nov 16, 2022 (AFP)

The investment will be used to set up and operate a cloud computing hub in Spain, its eighth in Europe, the company said in a statement. "We are delivering on o...

Amazon to layoff 10,000 employees: report

Nov 14, 2022 (AFP)

This would represent a little less than one percent of the group's total payroll, which had 1.54 million employees worldwide at the end of September, not counti...

Google pays $392 mn in landmark US privacy case

Nov 14, 2022 (AFP)

A statement by Oregon Attorney General Ellen Rosenblum said it was the largest multi-state privacy settlement by authorities in US history and included a bindin...

Chinese shoppers spend billions but Singles Day more muted

Nov 11, 2022 (AFP)

Sales revenues across platforms operated by tech giants such as Alibaba and JD.com hit around 262 billion yuan ($36.7 billion) between 8:00 pm on Thursday and 2...

Twitter scrambles to curb spread of fake accounts

Nov 11, 2022 (AFP)

The U-turn was the latest of a string of chaotic developments at the social network, which has lurched back and forth on the question of account verification si...