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WeChat and TikTok Secure Licences to Operate in Malaysia

Malaysia has officially licensed Tencent’s WeChat and ByteDance’s TikTok to operate under a new social media regulation designed to address rising cybercrime. The Malaysian Communications and Multimedia Commission (MCMC) announced…

Market Share Caps for UPI Payments Deferred Until 2026

India’s decision to delay market share caps for unified payments interface (UPI) services will offer a reprieve to dominant players like Google Pay and Walmart-backed PhonePe. Initially scheduled to take…

CNBC Launches CNBC+ Streaming Service with Tiered Pricing and Global Reach

CNBC has unveiled CNBC+, a new subscription-based streaming service offering business news and financial content tailored to its core audience. Priced at $14.99 per month or $99.99 annually, the service…

Drones Fuel Surge in Contraband Deliveries to England and Wales Prisons

England and Wales prisons are grappling with a dramatic rise in drone incursions, as new figures reveal a tenfold increase in incidents since 2020. A Freedom of Information request by…

Apple Discounts iPhones in China as Competition Heats Up

Apple has announced discounts of up to 500 yuan ($68.50) on its iPhone models in China, marking a rare move to maintain its foothold in the world’s largest smartphone market.…

US Soldier Arrested for Allegedly Selling Stolen Phone Records in Hacking Case

Federal authorities have charged Cameron John Wagenius, a U.S. Army soldier, with selling stolen confidential phone records, linking him to a broader hacking operation that involved high-profile breaches. Arrested on…

US Sanctions Iran and Russia for Election Interference with AI Disinformation

The United States has sanctioned Iranian and Russian groups for attempting to interfere in the 2024 elections using disinformation campaigns powered by artificial intelligence. Announced Tuesday by the Treasury and…

Chinese EV Maker Xpeng Targets 6,000 New Hires in 2025

Xpeng, the Chinese electric vehicle manufacturer, is gearing up to hire over 6,000 new workers in 2025. This ambitious expansion comes as the company braces for heightened competition in the…

Chinese Tech Rivalry Grows as Alibaba Slashes AI Model Prices

Alibaba announced significant price reductions of up to 85% for its large language models (LLMs), signaling intensifying competition among Chinese tech giants in the artificial intelligence space. The price cuts…

Nvidia Adds $2 Trillion in Market Value in 2024

Nvidia surged to the forefront of market capitalization gains in 2024, with its value climbing over $2 trillion, driven by unprecedented demand for its AI-focused chips. The company’s market value…

Alipay Adds AI Image Search to Expand Its Super App Capabilities

Alipay has rolled out a new artificial intelligence-powered image search feature, solidifying its status as a leading super app in China. This feature, known as “Tanyixia” or “do a little…

ByteDance Reportedly Finding Loopholes to Acquire Nvidia Chips Despite U.S. Restrictions

ByteDance, the parent company of TikTok, reportedly plans to spend $7 billion on Nvidia AI chips in 2025. According to The Information, the move could position ByteDance as one of…

Beijing Plans to Boost Driverless Vehicle Adoption in the Capital

China’s capital, Beijing, is setting the stage for a driverless future. On December 31, the city passed regulations to promote autonomous driving technology, aiming to eventually introduce driverless public buses…

Las Vegas Explosion Near Trump Hotel Linked to Fireworks in Cybertruck, Leaves One Dead and Seven Injured

A Tesla Cybertruck explosion outside the Trump International Hotel in Las Vegas early New Year’s Day left one person dead and seven others injured, Las Vegas Metropolitan Police Department (LVMPD)…

UK Antitrust Watchdog Investigates IBM’s HashiCorp Acquisition

The UK’s Competition and Markets Authority (CMA) has launched a formal review of IBM’s proposed $6.4 billion acquisition of cloud software provider HashiCorp. The investigation aims to assess whether the…

Apple TV+ Offers Free Streaming This Weekend

Apple TV+ will be free to stream worldwide from January 3 to January 5, giving viewers a chance to explore its catalog of original series and films without a subscription.…

Samsung Electronics Takes Majority Stake in Rainbow Robotics

Samsung Electronics has secured the largest shareholder position in Rainbow Robotics, a South Korean robotics company, as revealed in a regulatory filing on Tuesday. The tech giant acquired a 267…

Major Price Reductions on Huawei’s Premium Devices Shake Up Competition

Huawei Technologies has made aggressive price cuts on a range of high-end devices, including smartphones, foldable phones, tablets, headphones, and smartwatches. The reductions, announced via the company’s official Weibo account…

BYD Factory in Brazil Faces Human Trafficking Controversy

Brazilian labor authorities have alleged that 163 Chinese workers at a construction site for a BYD factory in Bahia are victims of human trafficking. The claims have escalated tensions surrounding…

Meta Offers Free Replacements After Software Update Bricks Quest Headsets

Meta is addressing a widespread issue caused by a buggy software update that rendered some Quest 2, Quest 3, and Quest 3S virtual reality headsets unusable. Initially, the company faced…