Corporate News

Corporate services are activities that combine or consolidate certain enterprise-wide needed support services, provided based on specialized knowledge, best practices, and technology to serve internal (and sometimes external) customers and business partners. The term corporate services providers (CSPs) is also used.

Aerodyne Group raises US$30mil as part of its latest bridging round, with Petronas as lead investor

Aerodyne’s long-time client PETRONAS, via its corporate venture capital arm Petronas Ventures, has led the funding round which also included…

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NTT commences construction of sixth data centre in Cyberjaya

NTT Ltd, an information technology infrastructure and services company, announced on Monday (Sept 5) the commencement of the construction of…

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Tech workers left hanging as Sea e-commerce arm Shopee rescinds job offers

Southeast Asia's largest e-commerce firm Shopee has rescinded dozens of job offers in the past two weeks, sources said, a…

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Exclusive-Sea Ltd shuts ops in some Latam countries, cuts Free Fire staff in Shanghai

Singapore-based Sea Ltd's e-commerce arm Shopee will exit Argentina and shut local operations in Chile, Colombia and Mexico while its…

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Destini denies PN17 classification, de-listing reports

On Aug 30, Destini reported a net loss of RM1.29 million versus a net profit of RM1.16 million a year…

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Singtel to take big hit on Trustwave sale

Rumours surrounding the Singaporean telco’s plans for its Trustwave unit have been swirling for some time; indeed, it’s more than…

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Twitter former security head calls platform ‘threat to national security’

Written by Andrew Wooden CNN And the Washington Post have obtained and revealed details of an ‘explosive whistle-blower disclosure’ by Twitter’s former…

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Apple and Amazon see revenue hikes in face of economic turmoil

During a cost of living crisis, households across the world are making hard choices on what they spend their cash…

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Telekom Malaysia and Cisco partner on 5G-as-a-service

Malaysia has a lot of catching up to do when it comes to 5G, but incumbent Telekom Malaysia (TM) has…

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Cisco to pull out of Russia and Belarus for good

Having stopped operations in Russia and Belarus in the early stages of the Russian invasion of Ukraine in March, US…

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So long, Internet Explorer. The browser retires today

As of Wednesday, Microsoft will no longer support the once-dominant browser that legions of web surfers loved to hate —…

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Sapura’s share price spiked on bail-out hope but what if it doesn’t happen?

WHETHER confirmed or otherwise – or what the exact details entail – many investors/traders have jumped the gun by relishing…

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Broadcom swoops for VMware in $61 billion deal

Chip and component manufacturer Broadcom has agreed to pay a whopping $61 billion a cash and stock transaction for cloud…

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Elon Musk thinks he can double Twitter’s revenue through subscriptions alone

Elon Musk plans to boost Twitter's subscription revenue to $10 billion by 2028, twice as much as the platform currently…

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Awantec inks cloud framework agreement with govt, Google

AwanBiru Technology Bhd’s wholly-owned subsidiary Awantec Systems Sdn Bhd (ASSB) has entered into a cloud framework agreement with the government,…

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