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May 13, 20241 min read

South Korea Prepares US7 Billion Support Package for Chip Industry

South Korea is preparing a support package worth over US$7 billion for the chip industry.

May 13, 20241 min read

China Connects 750-kilovolt New Energy Power Station to the Grid and Begins Operations.

China connects a 750-kilovolt power transmission and transformation project to the grid in Qinghai Province.

May 13, 20243 min read

Yen's Decline Exposes Japan's Reliance on Overseas Tech Giants

Weak yen highlights Japan's economic vulnerability and dependence on overseas tech giants for cloud services.

May 11, 20243 min read

China and Hungary Forge Strong Technological Partnership

China and Hungary are strengthening their partnership in the automotive and technology industries.

May 11, 20242 min read

ByteDance Sells Gaming Unit to Tencent-Backed Firm in Ongoing Industry Consolidation

ByteDance sells its gaming studio, C4Games, to a Tencent-backed subsidiary.

May 10, 20243 min read

Spotify Pays £750m to UK Music Industry in Royalties

Spotify paid £750 million in royalties to the UK music industry last year.

May 10, 20242 min read

Roblox's Lowered Bookings Forecast Sparks Industry Concerns

Roblox's revised forecast has led to a significant drop in its shares, marking the worst day for the company in over two years. The cut...

May 10, 20242 min read

U.S. Imposes Sanctions on China's CETC Chip Arm

The U.S. Department of Commerce has added CETC Chip Technology and other Chinese companies to its Entity List. The move is part of the...

May 10, 20242 min read

Airbnb Anticipates Weaker Q2 Revenue Despite Strong Demand for International Travel

Airbnb reports higher quarterly profits but forecasts weaker Q2 revenue. Demand for travel outside of North America boosts earnings in...

May 9, 20242 min read

MediaTek Unveils Dimensity 9300+ Flagship Chipset and AI Pioneer Program for Global Developers

MediaTek launches Dimensity 9300+ flagship 5G chipset at MDDC 2024.

May 9, 20241 min read

Microsoft to Close Africa Development Centre in Nigeria

Microsoft is closing its Africa Development Centre in Nigeria, leading to job losses.

May 9, 20242 min read

Intel and Qualcomm Face Export Restrictions as China Objects

Intel and Qualcomm face export restrictions to China as the U.S. revokes some of their licenses.

May 8, 20242 min read

EHang's EH216-S Makes Historic Middle East Debut, Paving the Way for Autonomous Air Travel Expansion

EHang completes its first passenger-carrying flight in the Middle East, showcasing its autonomous air taxi technology.

May 8, 20243 min read

Europe Confronts China's EV Dominance as Carbon-Zero Targets Approach

China's President Xi Jinping's visit to Europe highlights the continent's concerns about Chinese EV dominance.

May 8, 20242 min read

US Revokes Export Licenses of Intel and Qualcomm, Restricting Sales to Huawei

The US has revoked export licenses of Intel and Qualcomm, preventing them from selling chips to Huawei.

May 8, 20242 min read

Apple Developing Dedicated AI Chips for Data Centers, Set to Unveil at WWDC 2024

Apple is reportedly developing a dedicated chip for AI processing in data centers.

May 8, 20242 min read

Hong Kong and Shenzhen Launch Pilot Trial for Cross-Border Credit Checks in Greater Bay Area

Hong Kong and Shenzhen have launched a pilot trial for cross-border credit checks in the Greater Bay Area.

May 7, 20242 min read

GM’s New Car Software Is Good Even Without Apple’s CarPlay

GM has phased out Apple CarPlay in its latest vehicle, the 2024 Chevrolet Blazer EV. GM's in-house software proved to be slick and...

May 7, 20242 min read

UK Military Personnel's Data Breached in Hack, BBC Reports

Personal information of UK military personnel accessed in a data breach. Payroll system managed by an external contractor affected. No...

May 7, 20242 min read

Microsoft Prepares New AI Model to Take on Google and OpenAI, Reports The Information

Microsoft is training a new AI language model, MAI-1, to rival Google and OpenAI.

May 6, 20247 min read

New iPads: Apple's Laptop Replacement Push & Peloton CEO Shift - AI Spotlighted at Earnings

New iPads set to launch with potential to serve as laptop replacements, addressing long-standing issues in multitasking and performance.

May 4, 20242 min read

Qualcomm Soars as AI Sparks Rebound in Chinese Smartphone Market

Qualcomm's shares surged by 10% as the company signaled a rebound in demand, particularly in China, driven by AI technology.

May 4, 20243 min read

Nvidia supplier SK Hynix reports high-bandwidth memory chips used in AI processors almost sold out for 2025

SK Hynix reports that its high-bandwidth memory (HBM) chips used in AI processors are almost sold out for 2025. The company will begin...

May 3, 20242 min read

Motorola Solutions' Stellar Growth: Revenue and Profit Soar, Shares Up 3% in Extended Trading

Motorola Solutions raises full-year revenue forecast after strong quarterly results.