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Month: February 2024

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  • Awantec secures a RM294.27 million agreement to become Redtone’s technology partner.

Awantec secures a RM294.27 million agreement to become Redtone’s technology partner.

KUALA LUMPUR – In a significant move to bolster the Malaysian government’s digital transformation, AnwanBiru Technology Bhd, through its wholly-owned subsidiary Awantec Systems Sdn Bhd, has announced a pivotal service…

Saudi Arabia’s Explanation for Oil Capacity U-Turn

In Dhahran, Saudi Arabia, on February 12th, the Kingdom’s Energy Minister attributed the shift in Saudi Arabia’s oil capacity expansion plans to the ongoing energy transition. Prince Abdulaziz bin Salman…

Samsung Galaxy Watch Earns FDA Stamp of Approval

Samsung Electronics has received the U.S. Food and Drug Administration (FDA) approval for its innovative sleep apnea detection feature on Galaxy Watches, making a significant leap forward in the health…

Wall Street Treads Lightly in Anticipation of Data-Packed Week; Nvidia Surpasses Amazon’s Market Value

On Monday, February 12th, the main indexes of Wall Street exhibited subdued movement, as investors braced themselves for two pivotal inflation reports scheduled for the week. These reports hold the…

Despite U.S. sanctions, China may be advancing in chip production but unfortunately still confronts major hurdles.

In a move that signals a significant leap in China’s semiconductor ambitions, Semiconductor Manufacturing International Corporation (SMIC), the nation’s premier chipmaker, has reportedly been producing advanced chips, undeterred by stringent…

Fragile-Five Era Over as Investments Flow into India, Indonesia

A decade after being tagged as part of the “Fragile Five” by Morgan Stanley, India and Indonesia have undergone a remarkable transformation, now standing as top picks for global investors.…

Instagram, Threads Users to See Less Politics: Here’s Why

Instagram and Threads, both owned by Meta, are set to make significant changes to how political content is recommended to users. Announced in a recent blog post, Meta is expanding…

Attentive.ai secures a whopping $7M in funding to enhance automation within landscaping and construction services.

In a significant move towards revolutionizing the landscaping and construction sectors, Attentive.ai, a startup known for its innovative vertical software solutions, has successfully raised $7 million in a Series A…

In the Anticipated Trump vs. Biden Electoral Showdown, China Faces Uncertain Futures

As the specter of a Trump-Biden electoral rematch looms over the United States, the economic interplay between the world’s two superpowers finds itself at a precarious juncture. Donald Trump’s aggressive…

AI excitement temporarily propels Nvidia to surpass Amazon in market valuation

Nvidia’s Market Triumph: Surpassing Amazon and Eyeing the AI Horizon In an extraordinary turn of events that underscores the burgeoning euphoria around artificial intelligence (AI), Nvidia Corporation briefly eclipsed Amazon.com…

Columbia Sportswear’s Omni-Heat Innovation to Insulate Moon Lander in Historic IM-1 Mission

Columbia Sportswear and Intuitive Machines are joining forces to embark on a mission that aims to pave the way for a sustainable human presence on the Moon. Leveraging Columbia’s proprietary…

Apple’s iOS 17.4 Update: No More Web App Support in the EU

Apple’s recent iOS 17.4 beta release has sparked significant discussion among iPhone users and developers in the European Union (EU), primarily due to its compliance with the EU’s Digital Markets…

East Ventures helps introduce emissions calculator for Indonesian firms.

Indonesia stands at a critical juncture in the fight against climate change, ranking among the world’s top contributors to greenhouse gas (GHG) emissions. This environmental challenge is compounded by the…

Adobe Study Finds Singapore Lagging in AI Adoption Despite High Consumer Interest

In a world increasingly dominated by technology, Artificial Intelligence (AI) has become a cornerstone of innovation, driving advancements in everything from healthcare to retail. Singapore, a nation known for its…

Apple’s Bid For Brighter AI to Safeguard Vision Pro

Apple is reportedly considering acquiring Brighter AI, a German AI startup known for its advanced privacy solutions. Sources indicate that Apple is keen on utilizing Brighter AI’s facial and license…

Concerns Over US Commercial Real Estate Impact German Bank Bonds

This week, the turbulence affecting the commercial real estate (CRE) sector, which has already seen banks in New York and Japan face difficulties, has extended to Germany, Europe’s largest economy.…

Taiwan’s US Representative Highlights China’s Unsuccessful Attempts to Surpass Chip Technology Through Unfair Practices

In the competitive arena of semiconductor technology, China‘s endeavors to match Taiwan’s prowess through questionable means have yet to bear fruit, according to Taiwan’s de facto ambassador in Washington. During…

United States Poised to Eclipse China as Germany’s Foremost Trading Ally by 2025

In a significant shift within the global economic landscape, the United States is on the brink of surpassing China to become Germany’s paramount trade partner by 2025, assuming current trends…

Bumble’s New Deception Detector AI Rooting out Fake Profiles

Bumble, the popular dating app known for empowering women to make the first move, has once again taken a significant step toward enhancing user safety and authenticity with the introduction…

Malaysia’s manufacturing sales reached a value of RM1.8 trillion in 2023.

Petaling Jaya – The Department of Statistics Malaysia has released its annual report on the performance of the country’s manufacturing sector for the year 2023. Despite facing numerous challenges, the…