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The world’s biggest IT outage: Here’s what happened

microsoft crowdstrike IT outage

[Editorial note: This article has been edited to reflect the latest updates since reporting.] Several companies and organisations worldwide have been affected by the global IT outage this afternoon (Friday, 19 July) According to several news reports, the disruption was linked to Microsoft’s Windows and apparently came from an issue at cybersecurity software firm CrowdStrike. […]

Hyundai launches made-in-Singapore Ioniq 6 EV

Hyundai has launched its locally assembled Ioniq 6 electric vehicle (EV), the second vehicle the Korean conglomerate is producing at its Hyundai Motor Group Innovation Centre Singapore (HMGICS) facility in Jurong, which has been assembling the Ioniq 5 EV and Ioniq 5 robotaxis since early 2023. HMGICS was announced in 2020 as a multi-function facility […]

10 startups in M’sia got shortlisted for UOB’s greentech accelerator, here’s who they are

UOB’s innovation accelerator, UOB FinLab, has launched the GreenTech Accelerator 2024, enabling greentech startups to grow, transform, forge partnerships and create pilots to address sustainability challenges. Out of 350 applicants, 34 companies were shortlisted. And 10 of those companies were greentech startups in Malaysia.  The six-month regional programme aims to fast-track the development of sustainable […]

MAS backs quantum tech and AI with S$100 million grant scheme

The Monetary Authority of Singapore (MAS) has just announced that it will commit an additional S$100 million under the Financial Sector Technology and Innovation Grant Scheme (FSTI 3.0) to support financial institutions in building capabilities in quantum and Artificial intelligence (AI) technologies. This commitment by MAS follows Deputy Prime Minister Heng Swee Keat’s announcement in […]

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