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Month: January 2025

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  • UK Antitrust Watchdog Investigates IBM’s HashiCorp Acquisition

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…

Potential Conflicts Abound as Billionaires Populate Trump’s Administration

President-elect Donald Trump is assembling an administration filled with billionaires and industry magnates, a move that brings considerable business acumen but also a host of potential conflicts of interest. This…

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…

Yuewen Music Festival Lights Up Singapore Sky with Drone and Firework Spectacle in 2025 Countdown

The inaugural Yuewen Music Festival illuminated the sky over Singapore with a magnificent display of over a thousand drones and dazzling fireworks, both inspired by popular Yuewen Intellectual Properties (IPs).…

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…

China Refutes Allegations Following Significant US Treasury Breach

The Chinese government has repudiated claims of involvement in a cybersecurity breach that compromised US Treasury workstations earlier this month, which allowed unauthorized access to “unclassified” documents. On December 30,…

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…

South Korean Court Approves Arrest Warrant for Impeached President Yoon Suk Yeol

In a historic move, the Seoul Western District Court issued an arrest warrant for South Korea’s President Yoon Suk Yeol, who was recently impeached and suspended from office. This unprecedented…

Nvidia Finalizes $700 Million Acquisition of AI Startup Run:ai

Nvidia has officially completed its $700 million acquisition of Israeli startup Run:ai, a company that helps developers optimize AI hardware infrastructure. The deal faced months of regulatory scrutiny, including a…

MoonPay Gains Regulatory Approval Under EU’s MiCA Legislation in the Netherlands

MoonPay, a prominent player in the cryptocurrency payment sector, announced that it has received official licensing to operate as a regulated crypto business in the Netherlands. This approval aligns with…

Marvel Rivals Becomes a Holiday Hit on PC and Consoles

Marvel Rivals, the free-to-play superhero shooter developed by NetEase Inc. and Walt Disney Co., is making waves this holiday season. Released on December 5, the game has climbed to the…

Volkswagen Data Leak Exposed Location Data for 800,000 Electric Cars

For several months, the personal data and precise locations of 800,000 electric vehicles (EVs) from Volkswagen and its associated brands were publicly accessible online due to a significant data leak.…

Vietnamese Authorities Thwart $1 Million Crypto Scam, Safeguard 300 Potential Investors

The Hanoi City Police Department in Vietnam recently intervened to prevent a significant cryptocurrency scam that threatened to ensnare 300 potential victims. The scam, orchestrated by a company known as…

US Treasury Says China-Linked Hackers Breached Systems in Cyberattack

Hackers linked to the Chinese government breached the US Treasury Department using vulnerabilities in third-party remote management software, marking a significant security incident. As reported by The New York Times,…

China Plans World’s Largest Hydropower Dam in Tibet

China has greenlit the construction of the world’s largest hydropower dam on the eastern edge of the Tibetan plateau, setting the stage for a colossal infrastructure project that promises economic…

Malaysia’s Securities Commission Halts Bybit’s Operations

The Securities Commission (SC) of Malaysia has ordered cryptocurrency exchange Bybit to cease its operations in the country, citing violations related to running an unregistered digital asset exchange (DAX). The…

Hong Kong Considers Incorporating Bitcoin into National Reserves

In a move that could redefine Hong Kong’s financial strategy, Legislator Wu Jiexhuang has proposed leveraging the “one country, two systems” policy to integrate Bitcoin into the special administrative region’s…

Hong Kong Start-Up Pons.ai Brings Personalised Avatars to Corporate Events

A Hong Kong-based start-up is bringing generative AI to corporate events with a novel approach: personalised avatars. Pons.ai, operating from the government-funded Science Park, offers an AI photo booth platform…