South-east Asia digital economy to hit US$368 billion GMV in 2026, US$1.1 trillion in 2035: report

The Business Times - Oct 21, 2026

Singapore leads the region in GenAI adoption; Vietnam has highest proportion of daily users

Read full article
More News
Nasdaq climbs over 1% as SpaceX, Super Micro improve AI sentiment
Oct 22, 2026

Nasdaq climbs over 1% as SpaceX, Super Micro improve AI sentiment

The tech-heavy Nasdaq led gains on Wednesday after quarterly results from SpaceX and Super Micro Computer improved appetite for AI-linked stocks, while Netflix slipped as its forecast failed to impress investors. Elon Musk's rocket and space technology firm rose 9.8 percent after he said on Tuesday that a merger of SpaceX and Tesla would be "a good idea". SpaceX also posted its first profit as a public company. Tesla shares were up 3.5 percent. Super Micro jumped 10.3 percent to the top of the S&P 500 after the AI server maker forecast quarterly revenue and profit margin above Wall Street estimates, signaling that AI demand remained resilient. Peers HPE and Dell rose 2.2 percent and 4.5 percent, respectively. Investors drew comfort from the reports as concerns over the profitability of the AI buildout triggered a selloff in AI-linked stocks last week, with data center operator CoreWeave at the center of the storm. Its shares were marginally down, suggesting lingering caution in the sector. "The sentiment around tech has shifted ... There's a lot of stress in the credit markets right now t

Websites go dark worldwide as AI exposes critical security flaws
Oct 22, 2026

Websites go dark worldwide as AI exposes critical security flaws

WASHINGTON — Government agencies and companies around the world shut down websites Wednesday after two critical flaws came to light involving PHP, a programming language that is the basis for a large share of the internet. PHP sits underneath popular web design platforms, so the weaknesses potentially affect a vast range of websites, from online stores and news outlets to government services. Wiz, one of the security firms that found the issues, estimated that PHP runs about 70 percent of the world's websites and said the flaws rank "among the most severe vulnerabilities discovered in PHP, and arguably in software history." The US National Security Agency told organizations to patch immediately or pull vulnerable systems offline. The flaws "often provide a direct path to the server's file system or database," the NSA said in a statement on X. Attackers could use them to take over web servers without needing a password. Volker Dusch, a security engineer at the PHP Foundation, told the Wall Street Journal it was the most serious problem PHP had faced in more than a decade, comparing it to

Nvidia adds Samsung Electro-Mechanics to substrate supply chain, plans capacity expansion in S. Korea
Oct 22, 2026

Nvidia adds Samsung Electro-Mechanics to substrate supply chain, plans capacity expansion in S. Korea

WASHINGTON — U.S. chip giant Nvidia Corp. said Wednesday that South Korea's Samsung Electro-Mechanics Co. is joining its semiconductor substrate supply chain as part of a broader initiative to expand manufacturing capacity. Samsung Electro-Mechanics, the electronic components unit of Samsung Electronics Co., will initially provide production capacity from its existing operations in South Korea, while the collaboration will also support facility upgrades and new factories in Sejong and Busan, South Korea, according to Nvidia. By 2028, production allocated to Nvidia is projected to account for a significant portion of Samsung Electro-Mechanics' total annual package substrate production capacity, the U.S. company said. The South Korean company also issued a separate press release, calling the deal a strategic business partnership to strengthen the global artificial intelligence (AI) semiconductor supply chain. Samsung Electro-Mechanics said it plans to supply Nvidia with package substrates for AI semiconductors under a multiyear agreement beginning in 2026. Separately, Nvidia and U.S.-base

What is PHP and why did it take government websites offline?
Oct 22, 2026

What is PHP and why did it take government websites offline?

Government websites across Europe went dark on Wednesday as operators raced to patch two critical vulnerabilities in PHP, one of the most widely used programming languages on the web. The developers of PHP said on Wednesday they would release patches for two critical vulnerabilities, and EU cybersecurity officials warned organisations unable to apply the fixes to take affected websites offline. Here is what you need to know: What is PHP? PHP is a programming language that runs websites. It works behind the scenes. When a user loads a page, the server running PHP assembles the content and sends the finished page to the browser. It is free, open source and maintained by volunteers. Site owners rarely interact with it directly. PHP runs nearly 70 percent of all websites whose programming language can be identified, according to web technology tracker W3Techs. It is the engine behind WordPress, the software that powers about 40 percent of all websites such as blogs, small business pages, government portals, online shops and news sites. What are the risks of the flaws? The two vulnerabilities ar

Putin agrees to resume 3-way talks with Kyiv and Washington
Oct 22, 2026

Putin agrees to resume 3-way talks with Kyiv and Washington

Russian President Vladimir Putin agreed Wednesday to resume three-way negotiations next month with Washington and Kyiv aimed at ending the war in Ukraine, a Kremlin official said. The Russian leader has agreed “in principle” to resume the talks after Nov. 10, Putin’s foreign affairs adviser Yuri Ushakov told reporters following a meeting in St. Petersburg between Putin and U.S. President Donald Trump’s envoy Steve Witkoff. The talks will focus on “building a security system for Russia and Ukraine after the conflict ends,” Ushakov said. Witkoff's talks with Putin about Moscow’s full-scale invasion of Ukraine took place as Trump pushed Kyiv to make a deal that stops the fighting. Ukrainian President Volodymyr Zelenskyy has insisted that only a summit of leaders can break the impasse. The two armies remain locked on the battlefield, and the two countries pummel each other with daily long-range strikes. Representatives of the three countries held three rounds of negotiations early this year, meeting twice in Abu Dhabi in January and February, followed by further talks in Geneva

Netanyahu says 'toppling' Iran government only way to end threat
Oct 22, 2026

Netanyahu says 'toppling' Iran government only way to end threat

DIMONA, Israel — Israeli Prime Minister Benjamin Netanyahu said on Wednesday that the only way to remove the threat posed by Iran was to topple its government. "Iran wanted to destroy us; we stopped them. They wanted to produce nuclear bombs; we stopped them... Yet they persist," he said during an election rally in the southern town of Dimona. "Therefore, there is only one way to end this: by toppling this regime." "This is the directive I have issued to the Israel Defense Forces, to the Mossad, and to all our security branches," he added, without specifying when or how that directive would be executed. The sabre-rattling came as the premier headed into the last week of a tight race for re-election. Netanyahu had instructed the Israeli military to plan for resumed strikes against Iran earlier this month, according to sources cited by the Financial Times on Wednesday, but US President Donald Trump reportedly objected to the idea. The US leader has publicly said that he does not intend to restart the war, which Washington started in February alongside Israel, before the US mid-term electi

France's Macron vows order, calls foreign criticism of unrest 'stupid'
Oct 22, 2026

France's Macron vows order, calls foreign criticism of unrest 'stupid'

PARIS — President Emmanuel Macron vowed on Wednesday to prevent a repeat of last weekend's violence at protests planned in the coming days, and dismissed as "stupid" and "unacceptable" comments from some foreign leaders about the unrest. France's main student union, UNEF, has called for further rallies on Saturday, while the Yellow Vest group, which emerged as a potent anti-establishment movement in 2018, has filed plans for a march through central Paris the same day. Efforts to ease social tensions showed little sign of progress, as unions pledged to press ahead with a general strike on November 5 to denounce the high cost of living and cuts to public services after government talks ended inconclusively. France was hit by some of the worst urban tumult in years on October 17 on the fringe of nationwide protests, shocking the nation both because of its scale and the apparent inability of police to contain it. Macron said he would meet intelligence officials and senior ministers on Thursday to discuss the crisis. "Those who want to cause disorder in city centres next Saturday will be pre

OpenAI says its AI agents disabled their own safety monitors
Oct 22, 2026

OpenAI says its AI agents disabled their own safety monitors

WASHINGTON — OpenAI has revealed that two of its artificial intelligence agents disabled or weakened systems built to catch them misbehaving, with one later denying it had done so. The cases are the latest in a string of safety scares at the world's top AI developers involving agents, AI programs that carry out tasks without human involvement. In a report released Tuesday, the ChatGPT maker said that during two internal coding jobs, its agents switched off or undermined tools for detecting incidents of AI models acting against human wishes. On October 3, an agent running on OpenAI's GPT-6.1 Sol model, which had been told not to send any messages on the workplace chat app, took that as license to switch off safety alerts meant for the company's security team while fixing a testing system. Three days later, a GPT-6 Astra agent stripped out its own monitor while copying code from another project, then told the human programmer it had done no such thing. The company said it had also seen several cases of agents launching software with monitoring switched off, exposing a gap in its oversight

Lee meets with WHO chief to discuss cooperation in healthcare
Oct 22, 2026

Lee meets with WHO chief to discuss cooperation in healthcare

President Lee Jae Myung met with World Health Organization (WHO) Director-General Tedros Adhanom Ghebreyesus on Wednesday to discuss ways to enhance cooperation in healthcare, Lee's office said. The meeting at Cheong Wa Dae came as Tedros is visiting Seoul to attend the World Bio Summit 2026, which WHO is hosting in partnership with South Korea on Wednesday and Thursday. During the meeting, Lee stressed the need for South Korea to expand its role and contributions to the international community, presidential spokesperson Kim Sung-wan said in a written briefing. Lee also expressed hope that Seoul would continue to expand its cooperation with WHO in health security. The president asked Tedros to help ensure that more highly skilled South Koreans could contribute to the WHO, noting that South Korea has transformed itself from a recipient of international assistance into a major contributor. Tedros thanked South Korea for its efforts to strengthen cooperation with WHO and promote global health, saying he was well aware of the country's development experience. Stressing the importance of equita

1 person killed in attack on eastern Saudi airport, authorities say
Oct 22, 2026

1 person killed in attack on eastern Saudi airport, authorities say

RIYADH, Saudi Arabia — The Saudi Civil Aviation Authority announced that one Saudi resident was killed in attacks Wednesday evening on King Fahad International airport in Dammam in Saudi Arabia on the Persian Gulf near Bahrain and Qatar. The Civil Aviation authority also said eight people were injured and have been transferred to a hospital. The airport also suffered some material damages. Global flight-tracking service Flightradar24 said overnight Thursday on X that flights have been diverted away from the airport. King Fahad airport has been attacked previously amid a wider wave of Houthi missile and projectile strikes targeting major airports in Saudi Arabia. The Iranian-backed Houthis have not commented on this attack. The Saudi Coalition announced that it intercepted 4 drone attacks in the Eastern region. This comes as two people were killed in attack on a Saudi oil facility earlier Wednesday. The ministry said the two people killed were Nepali and Filipino nationals, while the injured were Pakistani and Indian nationals. The falling debris also sparked a fire in a contractor’s

Video game developer BioWare shuts down, next 'Mass Effect' canceled amid broader layoffs at EA
Oct 22, 2026

Video game developer BioWare shuts down, next 'Mass Effect' canceled amid broader layoffs at EA

Video game publisher Electronic Arts is shutting down the popular and influential game development studio BioWare after more than three decades. The upcoming “Mass Effect” game, the fifth since 2007, has been canceled. BioWare announced the closure on social media Wednesday following a report by Bloomberg that also said the company is laying off 400 people, including about 50 at BioWare. The Redwood Shores, California-based maker of popular titles like “Battlefield” and “The Sims” closed the $55 billion sale of its business to Saudi Arabia’s sovereign wealth fund PIF, investment firm Silver Lake Partners and Affinity Partners, which is run by President Donald Trump’s son-in-law Jared Kushner. Representatives for EA did not immediately respond to a message seeking comment on the layoffs. “What generations of BioWare built together is something to celebrate and remember,” the studio said via social media. “These games became so much more because you played them, debated your choices, fell in love with characters, and made these worlds your own.” BioWare built its rep

Fraternity suspended at University of Arizona after female student reported assault by 2 men
Oct 22, 2026

Fraternity suspended at University of Arizona after female student reported assault by 2 men

The University of Arizona has suspended a fraternity's activities after a female student alleged two men sexually assaulted her at the fraternity's house in August. The Sigma Phi Epsilon chapter at the southern Arizona school was already on probation, but the university said it has now imposed an activities suspension, stating the fraternity poses a risk to the university community. An investigation into the allegations continues. “It has been determined that your organization presents a substantial risk to members of the university community,” said Associate Dean of Students Whitney Mohr in a letter sent to the fraternity on Wednesday. The local chapter did not respond to calls or emails, but the national fraternity organization said it had ordered members of the Arizona chapter to comply with any investigation. "Sigma Phi Epsilon does not tolerate sexual assault or sexual misconduct. The Fraternity has suspended those involved while the investigation proceeds," Brian Warren, chief executive officer of Sigma Phi Epsilon, said in a statement Tuesday. It didn't elaborate on the identi

Recommended
Copyright © 2015 - 2026 Daily Transport. All Rights Reserved.

About Us

Thailand Tribunal is the country’s next generation of digital news portal, bringing you non-stop news on the happenings in the country and all over the world.

Subscribe Now!