Businesses in the APAC region are increasing their social media investments amid economic uncertainties. According to a recent study by Meltwater, three in five marketers and communication professionals in APAC regard social media as more important for their organisation due to economic uncertainties.
Asia-Pacific (APAC) organizations are embracing the public cloud to store fast-growing volumes of data, specifically for backup, archive and disaster recovery initiatives, but are hit the hardest by public cloud storage fees compared to their global counterparts, according to Part 2 of Wasabi’s 2023 Global Cloud Storage Index.
Vexi, a digital bank whose main product is credit cards, announced US$8 million in funding. The fintech company founded in Mexico in 2018 will use the capital to increase its client base, incorporate talent into the team, as well as to improve its technology and risk algorithms. Their success had been in under-banked people, where they achieved success by having a card with a very large network with zero rates and a cashback program.
Salesforce has reversed course on its bid to acquire data management and integration platform Informatica a source has told Reuters. Informatica itself said that it is not in talks to be acquired. Salesforce stocks rose on this latest news while Informatica’s fell.