Kakao Mobility Fined $10.5 Million for Restricting Rivals on Taxi App
Kakao Mobility, the ride-hailing subsidiary of Korean tech giant Kakao, has been fined $10.5 million (KRW 15.1 billion) by South Korea’s antitrust watchdog, the Korea Fair Trade Commission (KFTC), for…
Honda and Nissan in Talks to Join Forces Against Competitors
Honda and Nissan are exploring a merger that could reshape the global automotive landscape. According to Nikkei, the two Japanese automakers are in talks to consolidate under a new holding…
Japan’s Kioxia Valued at $5.8 Billion After IPO Surge
Shares of Kioxia Corporation surged 14% on their debut Wednesday, valuing the Japan-based memory chipmaker at approximately 890 billion yen ($5.8 billion). Backed by Bain Capital, the company’s initial public…
Look Around Now Available on Apple Maps Web Beta
Apple’s Look Around feature, its answer to Google Street View, is now accessible via Apple Maps on the web. This functionality allows users to explore cities with interactive, 360-degree imagery.…
Salesforce Boosts AI Sales Team with 2,000 New Hires
Salesforce, the cloud software leader, announced plans to hire 2,000 sales representatives to focus on its growing portfolio of AI products. This decision, shared by CEO Marc Benioff during a…
SoundCloud Launches Affordable Plan for Artists
SoundCloud has introduced a budget-friendly subscription tier for artists, aiming to lower the barrier for musicians to access professional tools and global distribution. The new plan, named Artist, is priced…
Senators Push Biden for 90-Day Extension on TikTok Sale Deadline
Democratic Senator Ed Markey and Republican Senator Rand Paul have called on President Joe Biden to extend by 90 days the January 19 deadline for China-based ByteDance to sell TikTok’s…
EU Opens Investigation into TikTok Over Election Risks in Romania
The European Union has launched a formal investigation into TikTok‘s handling of election security risks, with a focus on Romania’s recent presidential election. Announced on Tuesday, the probe marks TikTok’s…
OpenAI Brings ChatGPT to Landlines and WhatsApp
ChatGPT is making its way to landlines, a bold move by OpenAI to expand access to its AI assistant. Starting Wednesday, users in the U.S. can dial 1-800-CHATGPT (1-800-242-8478) and…
Taiwan Encourages Firms to Build Robotics and Drones Locally
Taiwan’s government is pushing forward a new initiative, “Chips Team Taiwan,” to encourage domestic companies to increase production of satellites, drones, and robotics, according to Technology and Science Minister Wu…
CrowdStrike Challenges Delta Lawsuit Over Cybersecurity Outage
CrowdStrike has filed a motion to dismiss Delta Air Lines’ lawsuit stemming from a July cybersecurity incident that caused widespread flight cancellations and passenger disruptions. The cybersecurity firm argues the…
Meta Fined $263 Million Over 2018 Facebook Data Breach in the EU
Meta has been fined €251 million ($263 million) by Ireland’s Data Protection Commission (DPC) for a 2018 Facebook security breach that exposed the personal data of nearly three million users…
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…
YouTube Gives Creators Control Over Third-Party AI Training Access
YouTube has introduced a new feature that lets creators decide how third-party companies can use their content for AI training. Announced on Monday, the move comes amid growing complaints from…
DOJ Demands Perplexity Input on Google’s Search Dominance
The Department of Justice (DOJ) is pushing for Dmitry Shevelenko, the chief business officer of Perplexity, to testify in its antitrust case against Google, as revealed in recent court filings.…
GlobalWafers Secures $406 Million for US Chip Manufacturing Expansion
The U.S. Commerce Department has finalized a $406 million subsidy for Taiwan’s GlobalWafers, aiming to boost domestic semiconductor production. The funding, announced Tuesday, will support projects in Texas and Missouri…
Nvidia Slips Further While Broadcom Loses Early Momentum
Nvidia continued its slide into correction territory on Tuesday, closing down more than 1%. Broadcom, which initially saw gains during pre-market trading, also ended the day lower, reversing earlier momentum…
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…
Instagram Introduces Scheduled DMs Feature for Users Worldwide
Instagram users can now schedule direct messages (DMs) to be sent at a specific time, a feature designed to enhance communication for creators, brands, and regular users alike. Meta confirmed…
EU Begins Work on IRIS² Satellite Network for Secure Connectivity
The European Union has officially signed off on IRIS², a €10.6 billion ($11 billion) satellite network designed to rival SpaceX’s Starlink. Comprising 290 satellites across low- and medium-earth orbits, IRIS²…