China’s Lenovo Continues Revenue Growth Streak, Surpassing Expectations
China’s Lenovo Group reported a 9% increase in fourth-quarter revenue, reaching $13.8 billion, as the world’s largest personal computer (PC) manufacturer emerges from the COVID-19-induced demand slump. The revenue for…
Bolster, maker of CheckPhish, raises $14M led by Microsoft’s M12.
A deceptive email containing a seemingly legitimate link, which is actually malicious, remains one of the most dangerous and successful tricks in a cybercriminal’s arsenal. An AI startup named Bolster,…
China’s Xiaohongshu App Targets Wealthy Female Gen Z Users
Teresa Cheung, a 60-year-old actress from Hong Kong, captivated her nearly 1.8 million followers on Xiaohongshu with a seven-hour livestream. Demonstrating a palette of eyeshadow, she showcased a dark berry-colored…
Sony prioritizes creativity in better games, movies, music, sensors, and IP over gadgets.
Tokyo, Japan: Japanese electronics and entertainment company Sony has announced a strategic pivot towards fostering creativity in movies, animation, and video games, moving away from its historical emphasis on consumer…
Balancing Exploration and Exploitation for Successful Growth in 2024
In the realm of business, the path to success diverges: some choose to explore cautiously, while others boldly exploit opportunities. The key lies in striking a balance between these approaches.…
Samsung’s HBM chips fail Nvidia tests due to heat and power issues, sources say
SEOUL/SINGAPORE – Samsung Electronics’ latest high bandwidth memory (HBM) chips have yet to pass Nvidia’s tests for use in the U.S. firm’s AI processors due to heat and power consumption…
SingTel’s annual profit plunges by over 50% due to a US$2.3 billion impairment charge
Singapore Telecommunications (SingTel) reported a significant 64% drop in its full-year net profit for the fiscal year ending 2023, primarily due to a substantial impairment charge of S$3.1 billion (RM10.8…
iFixit is sadly ending its partnership with Samsung
iFixit and Samsung have ended their partnership, marking the conclusion of a collaboration that began two years ago. This move comes after the two companies failed to renegotiate their contract.…
Patronus AI secures $17M to tackle AI hallucinations and copyright issues.
As companies race to implement generative AI, concerns about the accuracy and safety of large language models (LLMs) threaten to derail widespread enterprise adoption. Stepping into the fray is Patronus…
South Korea allocates a record US$19 billion for chipmaking development
In a significant move to strengthen its semiconductor industry, South Korea has introduced a $19 billion package of incentives aimed at bolstering its chip sector. This initiative is set to…
Oyo, previously valued at a whopping $10 billion, postpones IPO plans for the second time.
Oyo, the once high-flying Indian budget hotel chain, has withdrawn its Initial Public Offering (IPO) application from the Securities and Exchange Board of India (SEBI) for the second time, delivering…
How Generative AI is Transforming Digital Marketing and Boosting Brand Engagement
Generative AI is revolutionizing the landscape of digital marketing, ushering in a new era of innovation and efficiency. By harnessing the power of artificial intelligence, businesses can now create compelling…
Newgen collaborates with ASEAN Business Partners to broaden its presence in Southeast Asia
Newgen Software has announced a strategic partnership with ASEAN Business Partners (ABP), marking a significant step towards enhancing the digital banking landscape across Southeast Asia. This collaboration focuses on deploying…
Disney reaches agreement to sell stake in Tata Play, reports Bloomberg News
In a significant move, Walt Disney has agreed to sell its stake in Tata Play, the satellite TV provider owned by India’s Tata Group. This deal values Tata Play at…
Nvidia projects higher-than-expected quarterly revenue and announces a stock split.
Nvidia Corp. on Wednesday forecast quarterly revenue above analysts’ estimates and announced a stock split, propelling its shares to record highs and capturing the attention of investors who have significantly…
Governments and Tech Companies Pledge Collaboration to Address AI Risks at Seoul Summit
SEOUL: More than a dozen countries and some of the world’s biggest tech firms pledged on Wednesday to cooperate against the potential dangers of artificial intelligence (AI), including its ability…
Alibaba Ignites China AI Price War with Major Discounts
Alibaba Group Holding Ltd has initiated a significant reduction in prices for its artificial intelligence (AI) services, cutting costs by up to 97%. This drastic move has triggered immediate responses…
Moonshot AI’s Kimi Chatbot, China’s ChatGPT counterpart, introduces premium service for the masses.
In a move to monetize its AI capabilities, Moonshot AI’s Kimi Chatbot has begun charging fees for faster response times, joining the expanding list of Chinese AI companies exploring revenue…
Nvidia’s Earnings Report May Trigger $200 Billion Market Shift, According to Options Data
NEW YORK – Traders are bracing for a significant movement in Nvidia’s shares following the chipmaker’s earnings report on Wednesday. However, current expectations for volatility are more subdued compared to…
Get ready for the premier tech event, CEE 2024, at Suntec Singapore.
Get ready for an exciting weekend as the Consumer Electronic Exhibition (CEE) returns to Suntec Singapore. From May 23 to 26, the convention center will transform into a tech haven,…