Category Archives: Technology

Axiata’s Boost get Bank Negara’s nod to start operating as digital bank from Jan 15

KUALA LUMPUR: Axiata Group Bhd’s fintech arm Boost, together with its consortium partner RHB Banking Group, has received the approval from Bank Negara Malaysia and the Finance Ministry to commence operations as a digital bank, with effect from Jan 15. The Boost-RHB digital bank consortium received regulatory approval ahead of the scheduled timeline, following a…

IBM shares soar to more than 10-year high on rosy AI outlook

NEW YORK (Reuters) -IBM shares jumped nearly 13% to a more than 10-year high on Thursday after the company reported a better-than-expected revenue outlook backed by strong demand for its artificial intelligence (AI) services. Orders from IBM’s generative AI business, which includes bookings and sales from services such as those powered by its Watsonx AI…