BusinessResilience

Taiwan Extends $2.7 Billion Support Package to Companies Affected by Trump Tariffs

2 months ago

In a strategic move designed to bolster its local economy, Taiwan has announced a substantial $2.7 billion support package aimed at assisting firms that have faced financial setbacks due to the tariffs implemented by former President Donald Trump. This financial aid initiative highlights Taiwan's ongoing commitment to protect its businesses amid growing economic pressures from international trade dynamics.

Silicon Valley's Unicorn Startups Face Urgent Funding Crisis Amidst Economic Uncertainty

3 months ago

In a troubling turn of events for Silicon Valley’s startup ecosystem, numerous unicorns, defined as privately held startups valued at over $1 billion, are now grappling with severe cash shortages. An alarming trend has emerged where these companies, once considered the darlings of the venture capital world, find themselves desperate for financial support as they navigate a landscape marked by economic uncertainty and shifting investor sentiments.

Inside the Resilience: How a $54 Billion Company Overcame a Ransomware Attack

4 months ago

In a significant incident that underscores the rising threat of cybercrime, a major company valued at $54 billion recently became the target of a sophisticated ransomware attack. This attack has prompted both immediate actions and long-term strategic adjustments within the company, revealing the complex navigation through crisis management in the digital age.

Consumers Tighten Their Belts: Southeast Asia's Digital Economy Slows Amid Spending Cuts

7 months ago

Southeast Asia's digital economy has entered a phase of notable deceleration, primarily driven by a shift in consumer spending habits. As households navigate the ongoing economic climate, many are finding themselves scaling back on digital services and e-commerce purchases, a trend that industry analysts warn could have broader implications for the region's economic growth.

A Danish CEO's Lessons from a Ransomware Bankruptcy

8 months ago

That is quite vivid in the story that a world increasingly vulnerable to cyberattacks gets from a sobering account provided by a Danish CEO-an insight into devastating consequences that come with ransomware. The effect, as the story points out, is cataclysmic on the business ecosystem, thus serving as a clarion call for companies across the globe to shore up their cybersecurity measures.