Technology businesses

Asian stocks near record high on tech corporate earnings as US dollar dips

ASIAN shares traded near record highs on Monday (May 4) as stronger-than-expected corporate earnings from technology companies kept the sector buoyant, while oil fluctuated amid mixed signals from the...

Among data roles, data analysts had the lowest average salary rise at 0.5%.

AI skills pull in higher salaries for engineers, as demand shifts to senior roles: report

Pay for senior tech positions across disciplines on the rise, with those in software engineering climbing by 10.8% to 12.6% on average

Meta announced the acquisition of Manus in late December 2025, saying it was aimed at accelerating AI innovation and integrating advanced automation.
BT EXPLAINS

AI arms race: Why China scuppered Manus’ US$2 billion sale to Meta

The startup’s parent company moved its headquarters to Singapore in June 2025, shortly before the deal

As part of the deal, the world’s largest software maker will no longer pay a revenue share on OpenAI products it resells on its cloud.

OpenAI breaks free from exclusive AI pact with Microsoft

New products from the artificial intelligence startup will still be made available first on cloud unit Azure

Bigger screens and improved display technology are strengthening TCL’s global premium positioning.
BRANDED CONTENT

How screen champion sharpens its profitability

TCL Electronics is using artificial intelligence, overseas expansion and a planned strategic venture to deepen its push into premium global home entertainment

Attendees walk past AI signage at the Canton Fair trade event in Guangzhou.  Despite China’s manufacturing prowess, it is far from being a tech leader across the board, says the writer.

The world wants Chinese tech. China is determined to keep it

China’s rivals are learning how to get what Beijing won’t share

Thomas Laboulle, founder and CEO of Toku, says starting the company was not a eureka moment, but the result of a series of observations over time.
TOPLINE

Catalist-listed Toku makes enterprise AI push as it pursues growth over near-term profit

The company sees strong demand for the technology aligning with its expansion across global markets

Industry titans like SpaceX, OpenAI, and Anthropic continue to command massive valuations in funding rounds.

Wealthy Asians chasing returns pour US$25 billion into AI startups

For Asia’s elite, the allure of generational tech gains is outweighing the risks of a potential bubble

Development comes years after US tech giant Google, under parent company Alphabet, acquired Fitbit in a US$2.1 billion deal.

End of an era: Fitbit Singapore winds up as Google completes takeover of fitness tracker brand

Move marks a curtain call for Fitbit Singapore about 11 years after it was registered here in February 2015

The effects can already be seen across South-east Asia. Higher fuel costs are pushing up gasoline prices in Singapore, Vietnam, and the Philippines, while Thailand plans to impose gradual increases. Logistics, travel, shipping, and tourism companies are likely to feel the pressure first, with knock-on effects for tech firms relying on these sectors.

The price isn’t right: Oil spike fuels risks in South-east Asia’s tech scene

RISING oil prices triggered by the ongoing war in the Middle East could quickly drive up operating costs within South-east Asia’s tech industry.