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Malaysia and Singapore to Boost Cybercrime Cooperation in Cross-Border Crime Agreement

Key Takeaway: Cybercrime will be included in Malaysia-Singapore cross-border crime cooperation , as the two countries prepare to renew their Memorandum of Understanding (MOU) on the matter. Malaysia’s Home Minister, Datuk Seri Saifuddin Nasution Ismail, announced that cybercrime will be a new focus in Malaysia-Singapore cross-border crime collaboration . The updated MOU will be signed on Nov 14 during Saifuddin’s meeting with Singapore’s Minister of Home Affairs and Law, K. Shanmugam. This move reflects the growing threat of cybercrime , which costs ASEAN an estimated US$64 billion annually. The agreement emphasizes capacity-building, intelligence-sharing, and joint operations as vital components for addressing cybercrime. The exchange of MOU documents will occur at the Annual Leaders' Retreat on Dec 8 in Malaysia, which will be attended by the prime ministers of both nations. Saifuddin also highlighted plans to discuss border congestion issues and will visit Singapore’s Immi
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Netflix's Ad-Supported Plan Hits 70 Million Monthly Viewers, Boosted by Cost-Conscious Subscribers

Netflix Inc. revealed that 70 million viewers now tune in monthly to its ad-supported shows, nearly double the total from May. Over 50% of new subscribers in regions where ads are available are choosing this plan, according to Amy Reinhard, Netflix’s president of advertising. The company’s ad-supported plan is live in 12 countries and shows "steady progress" in each market.

Netflix’s move into advertising began as a way to counter subscriber loss in 2022. With 282.7 million total subscribers by the end of Q3, Netflix is using its ad-based model as a more affordable option for users, seeing continued growth since launching this lower-cost alternative.

Netflix joins peers in investing in live programming to further drive ad revenue. For instance, the platform has sold out ad slots for two NFL games on Christmas Day, featuring sponsors like FanDuel and Verizon. Additionally, it plans to introduce ads for the second season of Squid Game, with major brands, including Kia Corp. in South Korea, participating.

The ad-supported model underscores Netflix's push to diversify revenue streams, creating new opportunities for advertisers in popular shows and live events, while providing users a more budget-friendly subscription option.

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