Enterprise Innovation — The retail sector experienced almost three times as many attacks as those in the financial sector, new research published in the NTT 2016 Global Threat Intelligence Report reveals. The finance sector topped of the list of cyberattacks on organizations in the 2015 report. This year, cyberattacks on financial industry dropped significantly to fourteenth position.
Times of India — NEW DELHI: Leading ecommerce companies may not be able to comply immediately with the recent stipulation to cap any vendor on their platforms at 25% of total sales. They will only be able to do so after the current financial year ends, said people aware of the matter.
My Broadband — Growing trade between Africa and Asia has prompted talk of a new mega subsea broadband cable along Africa’s eastern coastline, says Hong Kong ICT firm PCCW. Last week, PCCW said it along with Telkom, MTN , Saudi Telecom Company (STC) and Telecom Egypt (TE) signed a memorandum of understanding to build Africa-1.
Enterprise Innovation — Digital marketing agencies in the Asia-Pacific are among the most progressive in the world, according to a new study commissioned by Kentico Software and conducted by research agency Millward Brown. The “The Digital Agencies 2016 Report” was created from the results of some 300 interviews with senior managers and directors of digital agencies that were based in the Asia-Pacific region, the UK, Europe and North America.
JD Worldwide, the cross-border online shopping platform of JD.com, reached a strategic cooperation agreement with Japanese daily commodity and cosmetics group Kao. Kao’s official flagship store owned by JD Worldwide will be formally launched in early May 2016 and all the products will be directly supplied by Kao Group. Full financial terms of the deal were not released.
Enterprise Innovation — USA is poised to add wings to the India’s Make in India campaign by stretching its growing bilateral ties in the defense sector. India and the United States identified new “pathfinder” projects under the Defense Trade and Technology Initiative (DTTI) for the joint production of a helmet-mounted digital display for fighter aircraft and helicopters and a biological tactical detection system.
Telecom Asia — Thailand’s military cabinet has approved a new frequency act that puts the formerly independent regulator under the control of the new digital economy commission while the selection process now goes through the executive branch. The new National Broadcasting and Telecommunications Act calls for a single seven-member board (down from two five-member boards and one chair, one for broadcasting and one for telecommunications).
Myanmar Times — The operator has remained tight-lipped on the issue, despite its foreign-owned industry rivals Telenor and Ooredoo having reported or answered questions on customer data requests. Yosuke Fukuma, public relations adviser for KDDI Summit Global Myanmar (KSGM) – the joint venture between MPT and Japanese firm KDDI – said it was not possible to provide figures on police requests for user information from the operator side “as these do not belong merely to MPT, and may relate to investigating activities by the police authorities”.
in Asia — India’s IT honchos made their billions from the IT services and outsourcing boom of the nineties and naughties. Now they’re investing in the new generation of entrepreneurs. The latest is a new fund for early stage startups called Ideaspring.
Telecom Asia — India’s Department of Telecom is drawing up ‘Know Your Customers’ guidelines to ensure the easy availability of mobile SIMs for M2M devices such as CCTV cameras and ACs to be deployed mainly in smart cities. The guidelines would allow transfer of SIMs, among others. At present, norms bar transfer of SIMs, mandate strict subscriber verification and do not allow a person to own more than nine SIMs.
Digital News Asia — MOBILE services provider Digi.com Bhd recorded service revenue for the first quarter of 2016 of RM1.56 billion, unchanged from the preceding quarter, against challenging and competitive market conditions. Earnings before interest, tax, depreciation and amortisation (EBITDA) strengthened to RM704 million from RM701 million in Q4 2015, or a 43% margin despite aggressive IDD competition and moderated data monetisation opportunities.
Telecom Asia — Dell is building an ecosystem of partners to help customers navigate the fragmented IoT landscape and identify the right technologies to develop IoT solutions. The Dell IoT Solutions Partner Program will provide participating partners with access to Dell’s product portfolio and support.
Digi Times — Sony is the largest CMOS image sensor vendor worldwide and its products mainly go to the consumer sector. Weakening demand for smartphone has impacted the business’s recent performances, but Sony has been strengthening its car-use image sensor technology after acquiring Toshiba’s image sensor plants in Oita, Japan.
Tech in Asia —- Yahoo Japan, home to Japan’s most popular web portal, and East Ventures, a pan-Asian venture capital firm, are teaming up to create a new accelerator in Tokyo. Code Republic launched today and is the brainchild of Ryu Hirayama, managing director of YJ Capital, and Batara Eto, co-founder of East Ventures.
Telecom Asia — Alibaba Cloud has unveiled a series of new products aimed at expanding its IoT, hybrid cloud, storage and security capabilities. At its Shenzhen Summit last week, Alibaba Cloud launched version 1.0 of IoT, its one-stop platform for IoT and cloud computing. The service will provide infrastructure for IoT deployments in areas including medical, energy, smart home and intelligent campus networks.
China Tech News — Asos, a leading fashion e-commerce operator in Great Britain, announced plans to end its China business after less than three years of operating in the country. To reduce regional operating costs, the group will shut its businesses in China. Asos’ Chinese website Asos.cn will be closed and its Chinese distribution center and office in Shanghai will also stop operations.
Myanmar Times — Though Myanmar’s telecoms industry and accompanying legislation has rapidly developed in the past few years, a detailed framework for how authorities can ask for confidential user information has not yet been settled on, according to Telenor Myanmar CEO Petter Furberg. Telenor and Ooredoo are currently following an interim arrangement that allows them to review requests and even refuse to comply.
Enterprise Innovation — Alibaba Cloud has launched its 2016 global start-up program dubbed “Create@Alibaba Cloud,” aimed at championing start-ups and maximizing their potential through Alibaba’s support network and suite of cloud infrastructure services. “Through our program, we hope to make our sophisticated networking solutions and big-data intelligence also available to start-ups and small enterprises to accelerate their business growth,” Yu Sicheng, VP of Alibaba Cloud.
Tech in Asia — India is known as a global leader in IT services. Now there’s a new wave of software-as-a-service (SaaS) from India. The latest Google-Accel India study counted over 500 SaaS startups in India. More are sprouting fast, nourished by manpower and cost advantages as well as the shift to mobile and cloud-based computing. Here’s a drill down into five factors fueling the rise of Indian SaaS.
Digital News Asia — THERE is no escape – with the perfect storm of 5G (Fifth Generation), the Internet of Things (IoT) and the cloud, digital disruption is coming to every industry in Malaysia. Yet the country is still caught up in 4G LTE (Fourth Generation/ Long-Term Evolution) mode, lamented Todd Ashton, head of Ericsson Malaysia and Sri Lanka.
China Tech News — JD and Letv signed a strategic cooperation agreement under which JD.com aims to sell six million Letv smartphones, including three million Le 2 smartphones. Meanwhile, the two parties reached consensus in various sectors, including exclusive sales, product debuts, and policy support. Financial teerms of the deal were not released.
Times of India — NEW DELHI: The inter-ministerial panel telecom commission will take up for discussion, at its meeting scheduled for April 30, the plans for upcoming spectrum auction. According to official sources, the meeting, to be chaired by telecom secretary JS Deepak on April 30, will discuss spectrum base price, usage charge and other modalities related to the next round of spectrum auction.
Tech in Asia — Facebook has opened its first office in the Philippines. Facebook’s vice president for Asia-Pacific Dan Neary announced the move on his Facebook page on Wednesday and during a press conference held in Manila on Thursday. The Philippines is clearly an important market for the social networking giant, he says. He counts around 49 million Filipino Facebook users – equivalent to 91 percent of the population with internet access.
Myanmar Times — Much talk in the telecoms market has been dedicated to the digital leapfrog: the almighty hop from legacy technology to a mobile-first future. Myanmar’s operators – state-owned incumbent Myanma Posts and Telecommunications (MPT), Ooredoo and Telenor – have seen subscriber figures jump by millions over the past few years; and though coverage rates have climbed higher than ever before, they’re not stopping now.
Enterprise Innovation — IT infrastructures have evolved from traditional on-premises-only to a hybrid strategy that links internal and external IT services driven by the existence of the cloud, according to SolarWinds. The company’s IT Trends Report 2016 shows that nearly all (92%) of the IT professionals surveyed in Singapore say adopting cloud technologies is important to their organizations’ long-term business success.
Digital News Asia — TUNE Talk has launched a new mobile call and data package specifically targeting Indonesians living and working in Malaysia. The new ‘Tune Talk Bisa Pak’ is meant to satisfy the growing need for mobile data alongside an affordable international call rate to Indonesia, the company said at the official launch in Kuala Lumpur on April 19.
China Tech News — Alibaba Group announced that they will invest USD1 billion to subscribe a controlling stake in Lazada, including about USD500 million to subscribe new shares and the remaining to purchase from certain shareholders. Michael Evans, president of Alibaba Group, said that the investment in Lazada will allow Alibaba to enter an e-commerce platform with a large and growing consumer group outside China.
Tech in Asia — Remember the day Indonesia’s capital was practically held hostage by out-of-control taxi drivers? A violent street protest on March 22 in Jakarta was the climax of a series of demonstrations staged by Indonesia’s taxi industry in an attempt to get apps like Uber and Grab banned.
Enterprise Innovation — The value of global Fintech investments in 2015 grew by 75% to US$22.3 billion according to Accenture (see Figure 1). Asia-Pacific and Europe led the surge although concerns may be brewing that the Fintech industry may have reached a new level of maturity as some regions appear to be experiencing a cooling-off period, and even the demise of iconic players like Powa, and a shift towards larger deal sizes.
Times of India — NEW DELHI: Reliance Jio Infocomm will launch commercial operations in coming months as its test programme has established smooth operations of all aspects of the network, company’s parent RIL said today. Reliance Jio, the telecom arm of Reliance Industries, launched full scale service offerings for group employees, partners, vendors and associates on a trial basis on December 28, 2015.