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Indonesia Forces Google to Allow Alternative Payment Systems

Indonesia Forces Google to Allow Alternative Payment Systems

by Teuvo Tuomi | Jan 25, 2025 | News, Indonesia, Technology

The Business Competition Supervisory Commission (KPPU) has ruled that Google’s mandatory use of Google Play Billing for in-app purchases has violated Indonesia’s competition law, restricting market and technological development in the country. Google Play Billing is...
“Red Book Migrants” Challenge Likely TikTok Ban

“Red Book Migrants” Challenge Likely TikTok Ban

by Teuvo Tuomi | Jan 19, 2025 | China, Culture, News, Social Media, Technology

American “TikTok refugees” have immigrated on popular Chinese social media app Xiaohongshu, “Little Red Book”. Amid TikTok’s likely closure in the US within days, some of its American users have migrated to the Chinese Instagram-like social media app. The...
Indonesia’s Standard VAT Hits 12%

Indonesia’s Standard VAT Hits 12%

by Teuvo Tuomi | Jan 17, 2025 | Indonesia, Investment, News, Reports, Technology

Indonesia’s standard VAT rate rose to 12% in January. This adjustment targets luxury goods and services while maintaining exemptions for essentials like staple foods and healthcare. For businesses, this change represents both a compliance challenge and an opportunity...
TSMC’s Dominance in Foundry Market Continues

TSMC’s Dominance in Foundry Market Continues

by Teuvo Tuomi | Jan 14, 2025 | AI, News, Taiwan, Technology

Taiwan Semiconductor Manufacturing Co. (TSMC) has retained its lead in the global pure-play foundry market, capturing a 64% share in Q3 2024. This is an increase from the 62% in the previous quarter, according to Counterpoint Research. Growth was driven by growing...
Neste Makes Its First Renewable Diesel Delivery to Singapore

Neste Makes Its First Renewable Diesel Delivery to Singapore

by Teuvo Tuomi | Jan 14, 2025 | Energy, Environment, Finland, News, Singapore, Sustainability, Technology

Finnish Neste has made the first delivery of its MY Renewable Diesel to the marine sector in Singapore. The delivery was made in cooperation with KPI Ocean Connect. According to Neste, its MY Renewable Diesel is reducing greenhouse gas (GHG) emissions in multiple...
“Cheap” Startup DeepSeek Challenges AI Giants

“Cheap” Startup DeepSeek Challenges AI Giants

by Teuvo Tuomi | Jan 5, 2025 | AI, China, Innovation, News, Technology

Chinese start-up DeepSeek has emerged as “the biggest dark horse” in the open-source large language model (LLM) arena in 2025 with its latest release DeepSeek V3. That assessment came from Jim Fan, a senior research scientist at Nvidia and lead of its AI Agents...
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