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  • Daily Tech News: Lazada, Wasoko, MaxAB, Amazon, Cryptocurrency

Daily Tech News: Lazada, Wasoko, MaxAB, Amazon, Cryptocurrency

From Thailand to China: $14 Billion Crypto Scheme Mastermind Nabbed

  • China extradites suspected $14 billion crypto scheme leader from Thailand

  • The operation duped 10 million members with promises of high returns

  • This extradition marks a milestone in international cryptocurrency fraud crackdown

Indonesia Tightens the Screws on E-commerce Giants to Protect Local Businesses

  • Indonesia imposes strict measures on e-commerce platforms to protect local businesses

  • Import duties of up to 200% planned for various goods

  • Other Southeast Asian countries are considering similar actions against cheap imports

Lazada Thailand's Chief Aims to Revolutionize E-Commerce Landscape

  • Southeast Asian InsurTech deal value soars to US$2,351 million in 2023

  • Market maturity evident through diverse exit options

  • Innovation in products and distribution key to sustaining growth

Southeast Asian InsurTech Sector Booms Despite Economic Headwinds

  • Southeast Asian InsurTech deal value soars to US$2,351 million in 2023

  • Market maturity evident through diverse exit options

  • Innovation in products and distribution key to sustaining growth

A Bit of Startup Humor for Today

African B2B E-commerce Giants Wasoko and MaxAB Join Forces in Historic Merger

  • Wasoko and MaxAB complete historic African B2B e-commerce merger

  • Combined entity serves 450,000 merchants across five markets

  • Fintech services drive profitability push, projecting doubled revenue by 2024

Amazon's AI Assistant Slashes Developer Time, Saves Millions

  • Amazon's AI tool saves 4,500 developer-years and $260 million annually

  • It drastically reduces software upgrade times

  • The tool's efficiency raises questions about the future of coding jobs

Andreessen Horowitz's AI App Rankings Reveal Shifting Landscape

  • Andreessen Horowitz releases new AI app rankings

  • ChatGPT leads, but creative tools surge

  • AI expands into dating and aesthetics apps

Did you miss yesterday's daily news show?? Then it’s not too late to check it out now

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