Qualcomm soars as AI ignites recovery in the Chinese smartphone market
In a remarkable surge, shares of Qualcomm (QCOM.O) soared by approximately 10%, reaching a level not seen in over two years, driven by signals of a robust demand rebound, particularly…
Cryptocurrency Expected to Reach One Billion Users by 2025, Says Analyst
The cryptocurrency industry stands on the brink of a major milestone, with predictions suggesting it could amass one billion users by the end of 2025. Bitcoin analyst Willy Woo recently…
Samsung’s operating profit skyrockets 930% due to soaring demand for memory chips driven by AI.
Samsung Electronics, the South Korean tech giant, announced on Tuesday a staggering surge in operating profit, exceeding 930% in the first quarter of 2024. The remarkable growth was propelled by…
Allozymes harnesses its turbocharged enzymes for a data and AI venture, securing a big $15 million investment
Allozymes, a biotech startup, has made waves in the bio-based chemical industry with its innovative method of rapidly testing millions of enzyme variants for various chemical reactions. What began as…
Thailand’s SEC Intensifies Action Against Misleading Cryptocurrency Advertisements
The Thai Securities and Exchange Commission (SEC) is intensifying its efforts to safeguard investors from misleading cryptocurrency advertisements. In a recent move, the regulator has issued a stark warning to…
Huawei Malaysia expects industries to adopt 5.5G technology.
Kuala Lumpur – Huawei Technologies (Malaysia) Sdn Bhd (Huawei Malaysia) has set its sights on revolutionizing various industries in Malaysia through the deployment of its 5G-Advanced (5.5G) technology. With its…
Analysts Debate Bitcoin’s Next Peak: $70K vs. $210K Amid Conflicting Predictions
The Bitcoin market is currently at a crossroads, with different models and analysts predicting vastly different peaks for this cycle. Veteran trader Peter Brandt has introduced the concept of “exponential…
Google Wallet launches in India with local features; Google Pay remains.
Google Inc. is poised to introduce its Google Wallet service in India, nearly two years after its American relaunch as a comprehensive digital wallet platform. This introduction marks a significant…
Microsoft’s $1.5 billion investment in G42 underscores escalating tensions between the US and China
In a significant development in the global technology landscape, Microsoft has announced a strategic investment of $1.5 billion in G42, an influential Abu Dhabi-based AI company. This investment not only…
Bain Plans IPO for Japan’s Kioxia to Facilitate Refinancing of $5.8 Billion Loan
Tokyo, Japan — Bain Capital has proposed launching an initial public offering (IPO) for Japan’s Kioxia Holdings, aiming to refinance a significant debt as the semiconductor company faces financial hurdles,…
Single Miner Claims 3.125 BTC Reward in Rare Solo Mining Success
In a rare feat within the Bitcoin mining community, a single Bitcoin miner successfully solved a Bitcoin block by themselves, securing the entire block reward of 3.125 Bitcoin, approximately valued…
Australian Securities Exchange Anticipated to Sanction Spot Bitcoin ETFs by Year-End
Australia’s main securities exchange, the Australian Securities Exchange (ASX), is reportedly on the brink of approving several spot Bitcoin exchange-traded funds (ETFs) by the end of the year. This move…
Ethereum’s Record Low Fees May Indicate Upcoming Altcoin Season, According to Santiment
Ethereum’s network fees have dipped to a six-month low, while the price of Ether has seen a modest increase over the recent weekend. This trend, highlighted by cryptocurrency analytics platform…
North Korea is purchasing surveillance cameras from China as part of an effort to strengthen its control.
SEOUL, South Korea — In a significant escalation of surveillance efforts, North Korea is implementing advanced monitoring technologies in schools and workplaces, while also amassing biometric data from its citizens,…
Terminus Secures $276 Million to Enhance Large Language Model Applications and AIoT Technology
Beijing, China – Terminus Group, a prominent provider of artificial intelligence services based in Beijing, has successfully secured a massive $276 million in its Series D funding round. The investment…
OCBC broadens the variety of electric vehicles eligible for financing through its eco-care car loans program
SINGAPORE – OCBC Bank is broadening the accessibility of electric vehicles (EVs) through significant enhancements to its Eco-Care Car Loans scheme. As part of its ongoing efforts to support sustainable…
Pula secures $20M Series B to offer agricultural insurance in Africa, Asia, and Latin America
Founded in 2015, Pula is a Kenyan-based insurtech firm that has been pioneering efforts to increase access to agricultural insurance for smallholder farmers across emerging markets. Their approach has been…
Baidu reports that its AI chatbot, ‘Ernie Bot’, has reached 200 million users.
HONG KONG – In a significant development within China’s artificial intelligence sector, Baidu’s Ernie Bot, a chatbot akin to OpenAI’s ChatGPT, has reached a new usage milestone, amassing over 200…
OpenAI launches Tokyo center, proudly introduces GPT-4 version tailored for Japanese
OpenAI, a global leader in artificial intelligence technology, has announced the expansion of its international presence with the opening of a new office in Tokyo, Japan. This strategic move not…
Runes Transactions Account for Over Two-Thirds of Bitcoin Activity Since Its Debut
Following the recent halving event on April 20, the Bitcoin blockchain has witnessed the emergence of the Runes token standard, which has quickly accounted for a majority of the network’s…