- 48 minutes ago
- 2 min
OpenAI Secures US$4 Billion Credit Line Following Major Funding Round
OpenAI secures a US$4 billion credit line post $6.6 billion funding round. The credit facility enhances liquidity to $10 billion for the
- 1 day ago
- 1 min
Philippine Outsourcing Industry Defies AI Threat, Predicts 7% Growth in 2024
Philippine IT-BPM industry to grow by 7% in 2024. Jobs set to increase to 1.82 million with revenue reaching US$38 billion. Industry urged
- 2 days ago
- 2 min
Sonos CEO Vows Reforms Following App Release 'Failure'; Leaders to Forgo Bonuses
Sonos CEO Patrick Spence and other leaders to forgo bonuses following app release issues. Sonos addressing app problems with regular updates
- 3 days ago
- 2 min
Google Announces US$1 Billion Investment in Thailand to Boost AI Expansion
Google plans to invest $1 billion in building data centres in Thailand. The investment could potentially add $4 billion
- 4 days ago
- 1 min
EU Set to Vote on October 4 to Finalise Tariffs for China-Made Electric Vehicles
The EU is considering imposing tariffs of up to 45% on China-made electric vehicles. Last-minute negotiations with Beijing have caused
- Sep 27
- 2 min
LG Display to Sell Chinese LCD Plant to TCL's CSOT for US$1.5 Billion
LG Display agrees to sell its stake in a Chinese LCD plant to TCL's CSOT for $1.54 billion. The sale includes LG Display's 80% stake
- Sep 27
- 1 min
Geely, Parent Company of Volvo, to Construct $170 Million Joint Factory in Vietnam
Geely, Volvo's parent company, to invest US$168 million in joint factory with Tasco Joint Stock Company in Vietnam.
- Sep 26
- 2 min
Micron Technology Forecasts Strong First-Quarter Results Amid AI Demand Surge
Micron Technology projects upbeat first-quarter results driven by AI demand surge. Company's shares rise by nearly 14% following the revenue
