AI Takes Center Stage at Tech Week Singapore 2024 as Industry Leaders Gather
Tech Week Singapore 2024 will gather top global tech leaders, government officials, and industry experts to explore the future of digital transformation in Asia, with a primary focus on artificial…
OpenAI o1 Model Receives High Praise from Moonshot AI Founder
OpenAI’s latest model, OpenAI o1, marks a notable advancement in artificial intelligence, particularly in its ability to perform complex tasks. Yang Zhilin, founder and CEO of Moonshot AI, praised the…
Princeton Digital Makes Major Land Purchases to Support AI Growth in Asia
Singapore-based Princeton Digital Group (PDG) has expanded its land holdings in India, Malaysia, and Indonesia to accommodate the growing demand for artificial intelligence (AI) services. The company aims to increase…
Intel Edged Out by AMD in PlayStation 6 Chip Race
Intel was reportedly close to winning the contract to design the chip for Sony’s upcoming PlayStation 6, according to a report from Reuters. Despite strong competition from AMD, which has…
China Criticizes EU EV Tariffs, Citing Harm to German Economy
China’s commerce minister, Wang Wentao, has expressed concerns over the European Union’s impending tariffs on electric vehicles (EVs), warning that the move will harm both China and Germany. He argued…
Vietnam Faces US Pressure Over Undersea Cable Decisions
The United States is actively encouraging Vietnam to avoid using Chinese firms, particularly HMN Technologies, in its plans to build 10 new undersea cables by 2030. Vietnam, dealing with aging…
Chinese Tech Firms Target Nvidia’s Dominance in AI Chip Market
China is making significant strides toward reducing its reliance on U.S. semiconductor technology, particularly amid increasing sanctions from Washington. With the rapid growth of artificial intelligence (AI) and foundational models,…
Samsung Workers Extend India Plant Strike After Failed Negotiations
Samsung workers at its India plant will continue their strike for the fifth day after negotiations involving the union, company management, and state government officials failed to produce a settlement.…
Ant Group Secures $6.5 Billion Refinancing for Overseas Expansion
China’s Ant Group is refinancing its $6.5 billion credit line, the company confirmed on Thursday. The move comes as the Alibaba-backed fintech giant aims to strengthen its overseas operations. According…
Young Sohn Returns to Arm’s Board After Samsung Advisory Role
Young Sohn, a senior adviser at Samsung Electronics, is set to rejoin the board of Arm Holdings, the British chip firm announced on Thursday. Sohn, who previously held a position…
India’s Antitrust Investigation Confirms Amazon, Flipkart Breaches
Indian authorities have concluded that e-commerce giants Amazon and Walmart’s Flipkart breached local antitrust laws by favoring specific sellers on their platforms, according to reports obtained by Reuters. The investigation,…
Indian Startup Swiggy Targets $1.4B IPO with $150M Increase
Swiggy is considering expanding its IPO by $150 million, potentially raising up to $1.4 billion. This would make it one of the largest public listings in India this year. The…
Oura Strengthens Its Health Platform with Veri Acquisition
Oura has announced the acquisition of Veri, a Finnish startup known for its metabolic health product, marking a significant development in the health hardware space. Veri, recognized for providing insights…
Oracle Stock Surges 49% This Year as Ellison Nears Bezos in Wealth
Oracle has emerged as a standout performer among large-cap tech stocks this year, trailing only Nvidia in gains, as Larry Ellison’s cloud-centric strategy has propelled the company forward. Following a…
US Authorities Shut Down Over 350 Websites Selling Illegal Gun Parts from China
U.S. authorities announced the seizure of more than 350 websites selling gun silencers and parts from China, which were being used to convert semiautomatic pistols into fully automatic machine guns.…
Videogame Firms Face EU Complaint Over Consumer Misdirection
Several major videogame companies, including Epic Games, Electronic Arts (EA), and Roblox, were accused of misleading consumers into spending money in a complaint filed by the European Consumer Organisation (BEUC)…
Chinese Tech Giants Push AI Innovation to Compete with U.S. Companies
China’s major tech firms are intensifying their efforts in the field of generative artificial intelligence (AI), positioning themselves as competitors to established U.S. players like OpenAI, Google, and Meta. Chinese…
Malaysia Partners with China to Advance UAV Technology Development
Malaysia is set to strengthen its technological capabilities in unmanned aerial vehicle (UAV) development through a collaboration with China’s Honeycomb Aerospace Technologies (Beijing) Co Ltd, the third-largest UAV manufacturer in…
Samsung Electronics plans to cut global workforce by up to 30% in select divisions
Samsung Electronics is planning to reduce its global workforce by up to 30% in certain divisions, targeting overseas staff in regions like the Americas, Europe, Asia, and Africa, according to…
Portugal Maintains Ban on Chinese 5G Equipment Under New Government
The Portuguese government has announced its decision to maintain the ban on the use of Chinese equipment in 5G networks, continuing the stance set by the previous administration. Infrastructure Minister…