Tech

Other investors for the round include lead investor Gobi Partners, Vickers Venture Partners and Partech Partners.  Ariya Banomyong, managing director of Line Thailand says that Fastwork will join the Line Scale-up Programme, which will provide the start-up a free access to Line users through the official account and Line API. “I am excited about this first investment of Line Ventures in Thailand,” said Ariya. “We are here to support the Thai start-up ecosystem. Previously, we launched the Line Scale-up programme for Thai start-ups to gain access to Line API. Going forward, working with Line Ventures, you will see more investments from Line from seed to Series A, and upward.” Founded in 2015 by a group of engineers and entrepreneurs from New York, Fastwork is one of the largest professional freelancing platforms in Southeast Asia, as judged by the number of users and projects completed. The company’s revenues have grown 1,100 per cent since … [Read more...] about Line invests in Fastwork in bet on growth in the online freelancing market

It is the country’s first competition in which both general and vocational students (Pratomsuksa 4 to Mathayomsuksa 6) are challenged to come up with creative ideas to facilitate and enhance daily life, and to develop these ideas into tangible projects using BBC’s micro:bit code.  The competition reflects Microsoft’s mission to nurture young talent through technology-driven skills training that focuses on computational thinking and coding, said Microsoft Thailand’s managing director.  Dhanawat Suthumpun says it is crucial for Thailand to develop strong human capital and promote digital literacy to support the Thailand 4.0 strategy. He says coding is the backbone of digital workforce development as it enhances systems thinking and problem-solving skills, thus developing people’s ability to understand the issues they face and overcome them.  “At Microsoft Thailand, we want future generations to create technologies rather than make … [Read more...] about Contest fires up young pioneers of IoT

As we continue to undergo digital disruption, the reality of what we will see today and tomorrow is that a lot of new jobs will be created and a lot of current jobs will be transformed. The challenge will be in the synchronisation of job destruction and job creation. And that underlines the importance of reskilling and upskilling, which allows people to get that new kind of job or to acquire the skills needed to continue in their current job as it is transformed, says Alain Dehaze, chief executive of Adecco Group. By 2030, according to a recent McKinsey Global Institute report, “Jobs Lost, Jobs Gained: Workforce Transitions in a Time of Automation”, as many as 375 million workers – or roughly 14 per cent of the global workforce – may need to switch occupational categories as digitisation, automation and advances in artificial intelligence disrupt the world of work.  These 375 million people will have to be reskilled and upskilled by 2030, says Dehaze … [Read more...] about RESKILLING KEY IN DISRUPTIVE ERA

The investment was led by Japan’s largest private venture capital fund, Global Brain, with participation from 31VENTURES, the CVC arm of Mitsui Fudosan, one of the largest real-estate developers in the country, and returning Indonesian venture capital fund SMDV. Global expansion is a key growth driver for businesses around the world, yet financial transactions are being processed by legacy platforms built on infrastructures that are not geared to support global commerce needs.  As global commerce and population movement grows, the ability to conduct payments anytime and anywhere becomes a necessity. To provide payments in an  increasingly borderless world, a financial infrastructure that can be accessed globally is needed.  This undisclosed funding brings in additional financial support, notes a press release from the firm. More importantly, it notes, the funding develops connections with strategic partners to strengthen the reach of the financial … [Read more...] about Omise gains funding for fintech ambitions

It's fair to say that the Windows 10 October 2018 Update has not been Microsoft's most successful update. Reports of data loss quickly emerged, forcing Microsoft to suspend distribution of the update. It has since been fixed and is currently undergoing renewed testing pending a re-release.Further ReadingReview: Windows 10 is the best version yet—once the bugs get fixed This isn't the first Windows feature update that's had problems—we've seen things like significant hardware incompatibilities in previous updates—but it's certainly the worst. While most of us know the theory of having backups, the reality is that lots of data, especially on home PCs, has no real backup, and deleting that data is thus disastrous. Windows as a service Microsoft's ambition with Windows 10 was to radically shake up how it develops Windows 10. The company wanted to better respond to customer and market needs, and to put improved new features into customers' hands sooner. Core to this was … [Read more...] about After the Windows update fiasco, Microsoft needs to shake up its dev process