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Srettha Thavisin - Sheila Chiang - Microsoft to open new data center in Thailand as it doubles down on AI and Southeast Asia - cnbc.com - Indonesia - Thailand - Malaysia - Singapore

Microsoft to open new data center in Thailand as it doubles down on AI and Southeast Asia

Microsoft chairman and CEO Satya Nadella on Wednesday announced "significant commitments" to build a new regional data center in Thailand, among other initiatives, as the U.S. tech giant doubles down on Southeast Asia.

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Aisyah Llewellyn - Are Chinese-made skincare brands downplaying their origins to appeal to Southeast Asians? - scmp.com - China - Indonesia - Malaysia - North Korea - city Kuala Lumpur

Are Chinese-made skincare brands downplaying their origins to appeal to Southeast Asians?

“It is quite a big phenomenon here,” the Kuala Lumpur resident told This Week in Asia. “It is widely marketed here, using celebrity ambassadors, and is already sold in Malaysian drug stores.”

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Sam Meredith - World's largest olive oil producer says the industry faces one of its toughest moments ever - cnbc.com - Spain

World's largest olive oil producer says the industry faces one of its toughest moments ever

Spain's Deoleo, the world's largest olive oil producer, says the industry needs to undergo a "profound transformation" as it grapples with one of the most challenging moments in its history.

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Gabrielle Fonrouge - Peloton CEO Barry McCarthy to step down, company to lay off 15% of staff as it looks to refinance debt - cnbc.com

Peloton CEO Barry McCarthy to step down, company to lay off 15% of staff as it looks to refinance debt

Peloton announced Thursday that CEO Barry McCarthy will be stepping down and the company will lay off 15% of its staff because it "simply had no other way to bring its spending in line with its revenue."

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Amelia Nierenberg - Benjamin Netanyahu - Monday Briefing: Plans for Gaza’s Future - nytimes.com - France - Israel - Palestine - city Tel Aviv - area West Bank - city Rafah

Monday Briefing: Plans for Gaza’s Future

Development agencies and Middle Eastern businesses have been meeting to discuss the eventual reconstruction of Gaza and to develop plans for its long-term economic future. They seek to transform Gaza into a commercial hub centered on trade, tourism and innovation.

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Nikkei staff writer - Japan launches $6bn-plus space fund to bolster private ventures - asia.nikkei.com - Japan - city Tokyo

Japan launches $6bn-plus space fund to bolster private ventures

TOKYO -- Japan has launched a 1 trillion yen ($6.43 billion) fund for private space development, planning to subsidize as much as 100% of R&D costs by startups and universities in order to bolster domestic technological innovation in the field.

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‘This is a unique time’: ARK Invest’s chief futurist tackles tech innovation from AI to robotics - cnbc.com

‘This is a unique time’: ARK Invest’s chief futurist tackles tech innovation from AI to robotics

ARK Invest's chief futurist lists five groups that should give tech investors an edge.

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Benefit One to be removed from JPX-Nikkei Index 400 - asia.nikkei.com - Japan - city Tokyo

Benefit One to be removed from JPX-Nikkei Index 400

TOKYO -- Nikkei and JPX Market Innovation & Research will remove Benefit One, an employee benefits provider in Japan, from the JPX-Nikkei Index 400 on May 7 due to the company being designated as a stock "to be delisted" by the Tokyo Stock Exchange.

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