Taiwan Explores Collaboration with Amazon on Satellite Internet
Taiwan is exploring a partnership with Amazon for its Kuiper broadband satellite system, as the government seeks to bolster communication infrastructure against potential disruptions. Taiwan’s Technology and Science Minister, Wu…
Elon Musk and SpaceX Face Federal Investigations Over Security Concerns
Federal reviews are underway to investigate Elon Musk and SpaceX for potential violations of U.S. security protocols. According to a report by The New York Times, Musk and his aerospace…
Chinese Lifestyle App Xiaohongshu Drives High-End Sales
Tera Feng, a Shanghai-based influencer with over 500,000 followers, has tapped into Xiaohongshu’s platform to sell a variety of products, ranging from high-end suits priced at 15,000 yuan ($2,060) to…
Half of Singapore Workers Hide AI Usage from Managers
A new Slack Workforce Index study reveals a complex relationship between Singapore’s workforce and artificial intelligence (AI). While 52% of employees actively use AI to streamline their work, nearly half…
Elon Musk Confirms SpaceX Headquarters Will Be in Starbase Texas
Elon Musk announced on Thursday via social media platform X that SpaceX’s headquarters will now officially be located in Starbase, Texas. The move marks another significant relocation for the billionaire,…
Intel Leaders Discuss Possible Manufacturing Spinoff
Intel’s newly appointed co-CEOs, Michelle Johnston Holthaus and David Zinsner, acknowledged on Thursday that the company might have to divest its manufacturing operations if a critical chipmaking technology, 18A, slated…
ServiceTitan Shares Jump 42 Percent in Market Debut
Shares of ServiceTitan surged 42% in their Nasdaq debut on Thursday, valuing the cloud-based software firm at nearly $9 billion. The Glendale, California-based company, which offers software solutions for HVAC…
Hyundai’s Supernal Relocates Headquarters from DC to California
Hyundai’s electric air taxi startup, Supernal, is relocating its global headquarters from Washington, D.C., to Irvine, California, impacting a significant portion of its workforce in the process. Approximately 35 to…
Microsoft Takes a $800M Blow from Cruise Robotaxi Closure
Microsoft is set to take an $800 million hit due to General Motors’ decision to shut down its self-driving car subsidiary, Cruise. The impairment charge, disclosed in a regulatory filing,…
Ant Group Appoints New CEO as Jack Ma Speaks on AI’s Future
Ant Group has named Cyril Han as its new Chief Executive Officer, signaling a leadership shift as the financial technology giant aims to rejuvenate its growth following years of regulatory…
Trump Suggests TikTok Sale Amid Legal Challenges
Donald Trump, the president-elect, avoided giving a clear answer when asked if he would protect TikTok from its impending ban during an interview on Meet the Press with NBC’s Kristen…
Japan’s Kioxia Finalizes IPO Price and Prepares for December Listing
Bain Capital-backed chipmaker Kioxia has raised 120 billion yen ($800 million) through its initial public offering (IPO) after pricing shares in the middle of its marketed range, according to a…
China’s BYD Surges Ahead of Ford and Honda in Global Vehicle Sales
BYD, China’s leading electric vehicle (EV) manufacturer, is poised to exceed its 2024 sales goal, signaling another year of significant growth. The company is set to release November sales figures…
Ant Group President Cyril Han to Become CEO in March
Cyril Han, the current president and financial chief of China’s Ant Group, will step into the role of CEO starting March 1, 2025, according to an internal memo reviewed by…
US House to Vote on $3 Billion Plan to Remove Chinese Telecom Equipment
The U.S. House of Representatives plans to vote next week on a defense bill allocating over $3 billion to remove Huawei and ZTE equipment from American telecom networks. This funding…
Nvidia partners with Vietnam to build AI research and data centers
Nvidia has entered a new collaboration with the Vietnamese government to establish an artificial intelligence research and development center and a data center in Vietnam. The agreement, signed on Thursday…
ThredUp Sheds European Operations, Transfers Remix to Local Leadership
Fashion resale marketplace ThredUp has sold its European business, Remix, to focus solely on its domestic U.S. operations. This move, part of a strategic realignment, sees Remix’s management team, led…
Intel Seeks CEO with Foundry Expertise Following Gelsinger’s Resignation
Intel’s search for a new CEO is focused on candidates with strong manufacturing backgrounds, particularly in foundry operations, interim co-CEO David Zinsner revealed at the UBS Technology Conference on Wednesday.…
Temu Ordered to Halt Operations in Vietnam Over Registration Failure
Chinese e-commerce platform Temu has been ordered to suspend its operations in Vietnam after missing a key registration deadline, according to reports from Vietnamese state media. The decision follows the…
Schneider Electric and Nvidia Team Up to Create AI Data Center Cooling Systems
Schneider Electric, the French electrical equipment giant, is collaborating with Nvidia to create advanced cooling systems for artificial intelligence (AI) data centers. These systems will support Nvidia’s flagship servers, set…