Star Health reveals $68,000 ransom demand after major data leak
Star Health, India’s largest health insurer, reported on Saturday that it received a ransom demand of $68,000 from a cyberhacker following a significant data breach involving sensitive customer information. The…
Rapidus and Denso team up to boost Japan’s chip design
Japanese companies Rapidus and Denso will share chip design methods for advanced technologies, including artificial intelligence and autonomous vehicles, according to a report from Nikkei on Saturday. The collaboration marks…
Ambani’s Reliance pushes back on India’s satellite spectrum allocation
Indian billionaire Mukesh Ambani’s Reliance has raised objections to India’s telecom regulator, claiming the decision to allocate satellite broadband spectrum without an auction is flawed, according to a letter obtained…
Strong AI Chip Sales Push TSMC to Record Q3 Profit
Taiwan Semiconductor Manufacturing Co. (TSMC) is expected to post a 40% jump in third-quarter profit, driven by strong demand for its advanced chips used in artificial intelligence (AI) applications. The…
Over 700 ByteDance employees laid off in Malaysia as AI takes center stage
ByteDance, the Chinese parent company of TikTok, has laid off over 700 workers from its Malaysian unit as it pivots towards a more AI-driven approach to content moderation, according to…
New AMD AI chip aims to challenge Nvidia’s dominance
AMD introduced a new artificial intelligence chip, the Instinct MI325X, on Thursday, aiming to challenge Nvidia’s dominance in the data center GPU market. The chip is set to enter production…
ByteDance introduces Ola Friend earbuds exclusively in China
ByteDance, the parent company of TikTok, has launched its first set of earbuds, marking a deeper move into hardware. Priced at $170, the new Ola Friend earbuds are only available…
Amazon launches AI tech to streamline package deliveries
Amazon announced on Wednesday the launch of Vision-Assisted Package Retrieval (VAPR), an AI-powered technology designed to streamline package deliveries for its electric vehicle fleet. The new system, which integrates vision-based…
Amazon’s latest warehouse tech to deploy 10 times more robots
At its Delivering the Future event on Wednesday, Amazon revealed plans for its next-generation robot-powered delivery warehouses. The first of these advanced fulfillment centers is located in Shreveport, Louisiana. Spanning…
Spotify introduces free streaming in South Korea
Spotify, the global audio streaming platform, announced on Thursday that it has introduced a free music and podcasts option in South Korea. This move aims to expand its audience base…
Growth Returns to Online Shopping in Europe as Cheap Marketplaces Expand
Consumer confidence is bouncing back in Europe, driving the revival of online shopping this year, according to a report by industry group Ecommerce Europe. This recovery comes as low-cost platforms…
HSBC exec warns of excessive AI hype in financial industry
Edward J. Achtner, head of generative AI at HSBC, expressed concerns over the effectiveness of artificial intelligence within the financial sector, labeling much of what is being presented by companies…
Nvidia shares rally 25 percent as AI demand drives growth
Nvidia’s stock has climbed 25% over the past month, approaching record highs ahead of key tech earnings reports from top clients, including Meta, Microsoft, and Alphabet. These companies are expected…
Singapore sets April 2025 deadline for digital bunker notes rollout
Singapore’s marine fuel suppliers will be required to provide digital bunkering services and issue electronic bunker delivery notes starting April 1, 2025. Amy Khor, Singapore’s senior minister of state for…
TSMC reports third-quarter revenue surge, outpaces predictions
Taiwan Semiconductor Manufacturing Co (TSMC), the world’s largest contract chipmaker, announced its third-quarter revenue on Wednesday, exceeding both market expectations and its own forecasts. The company, driven by strong demand…
MediaTek Launches Flagship Chipset Ready for AI and Tri-Fold Phones
MediaTek has officially revealed its latest flagship mobile chipset, the Dimensity 9400, designed with future-forward features alongside standard performance upgrades. Built on a 3nm process, the chipset promises up to…
Hailuo AI Launches New Tool to Convert Images into Dynamic Videos
Hailuo AI, developed by Chinese startup MiniMax, has officially introduced its Image-to-Video (img2video) feature, offering creators a new way to transform static images into dynamic video content. This launch positions…
South Korea and Singapore to Strengthen Ties with Strategic Partnership
South Korea and Singapore have agreed to establish a strategic partnership next year, as announced by Singapore’s Prime Minister Lawrence Wong during a joint press conference with South Korean President…
China urges US to lift sanctions on semiconductor and vehicle firms
China’s Commerce Minister, Wang Wentao, expressed “serious concerns” on Tuesday in a call with U.S. Secretary of Commerce Gina Raimondo regarding U.S. semiconductor policies and restrictions on Chinese connected vehicles.…
AI Fund led by Andrew Ng makes first India investment with Jivi
Andrew Ng-led AI Fund has made its first investment in India, backing the AI-powered healthcare startup Jivi. The announcement was made on Tuesday, marking the fund’s entrance into India’s burgeoning…