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Technology Update

AI-Driven Scams on the Rise, Losses Reach Rp 24.6 Trillion

10:40, 22 Nov 2023

Many elderly residents in the United States have fallen victim to AI-driven scams. According to the Federal Trade Commission (FTC), scammers are utilizing AI technology to clone the voices of individuals known to the victims, resulting in a staggering loss of US$1.6 billion (Rp 24.6 trillion) throug
News Update

Three Banks Go Bankrupt in 2023, Here's How Customer Funds Can Be Safeguarded

23:04, 21 Nov 2023

There are three banks that have gone bankrupt throughout this year, with the latest being BPR Indotama UKM Sulawesi, which is now undergoing liquidation. So, what steps need to be taken to ensure the protection of customer funds when a bank goes bankrupt?   BPR Indotama UKM Sulawesi had i
Saham News

Microsoft Stock Price Hits Record High After Recruiting ChatGPT's Former Boss Sam Altman

22:36, 21 Nov 2023

The stock price of Microsoft has reached its highest point in history following the announcement of the recruitment of Sam Altman, the former boss of ChatGPT. This recruitment news was directly conveyed by Microsoft CEO Satya Nadella on Monday (20/11/2023) early morning.   According to Ma
News Update

BI Issues New Instrument, Rupiah Securities (SRBI), What Is It?

10:59, 21 Nov 2023

Bank Indonesia (BI) has introduced a new instrument called Rupiah Securities (SRBI) as part of the pro-market monetary operation (OM) instruments, aiming to strengthen efforts in deepening the money market.   "In order to support attracting foreign capital inflows in the form of port
News Update

Determining the Minimum Wage in Jakarta 2024: Diverse Recommendations from the Wage Council

16:56, 20 Nov 2023

The Jakarta Provincial Government recently held a Wage Council session to determine the value of the Minimum Provincial Wage (UMP) for Jakarta in 2024. The session, which lasted for approximately 4.5 hours on a Friday from 2:00 PM to 6:30 PM WIB, did not immediately reach an agreement. There were th
Technology Update

Fired OpenAI CEO, Sam Altman, Considers Comeback or Launching New Venture

14:05, 20 Nov 2023

Sam Altman, recently ousted CEO of OpenAI, is contemplating a return to the company or venturing into a new AI startup. Investors, including Microsoft, are in talks to reinstate him as CEO to prevent a talent exodus. Employees are concerned that Altman's dismissal may impact the $86 billion stoc
News Update

TikTok Teams Up with Local E-commerce to Revive TikTok Shop in Indonesia

12:59, 20 Nov 2023

There are reports that TikTok plans to collaborate with local e-commerce to resume the operations of its TikTok Shop in Indonesia. "Assistant Deputy for Financing and Investment in SMEs, Deputy for SMEs at the Ministry of Cooperatives and Small and Medium Enterprises (Kemenkop UKM) Temmy Satya
Bussiness | Economy

Bulog Reveals Many Countries Cancel Rice Exports to Indonesia, Competition with Europe the Cause

15:37, 18 Nov 2023

Perum Bulog admits to difficulties in obtaining imported rice, even though many countries initially offered to export rice to Indonesia. Febby Novita, Director of Business at Perum Bulog, stated that this is due to competition with European countries.   "We already had contracts, but
News Update

US Unemployment Data Exceeds Expectations, Rupiah Strengthens by 0.15%

13:05, 18 Nov 2023

The exchange rate of the rupiah strengthened by 0.15% or 24 points to Rp 15,531 per US dollar in Friday morning trading (17/11). The day before, the rupiah was at Rp 15,555 per US dollar.   Woori Saudara Bank Analyst BWS Rully Nova said the strengthening of the Garuda currency occurred af
Technology Update

20 Most Frequently Used Passwords Throughout 2023

10:41, 18 Nov 2023

Passwords are crucial in the current digital era.   The keywords used serve as one of the primary security measures for social media accounts, emails, online banking, and other digital needs.   Ironically, many of us often neglect to create strong passwords to protect our perso
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