

Global Smartphone Shipments Slow in Q2 Amid Tariff Uncertainty
Global smartphone shipments grew just 1% in the second quarter, reaching 295.2 million units, as economic uncertainty driven by U.S. tariffs dampened consumer spending, particularly on low-end devices.
Jul 15, 20251 min read


Trump to Announce USD 70 Billion in AI and Energy Investments at Pennsylvania Summit
U.S. President Donald Trump is set to unveil USD 70 billion in artificial intelligence and energy investments during an event near Pittsburgh on Tuesday.
Jul 15, 20251 min read


Meituan Hits Record 150 Million Daily Orders Amid Fierce Competition
Meituan has reached a new milestone with 150 million daily orders, up from 120 million just last week, as it battles JD.com and Alibaba in China's instant delivery market.
Jul 14, 20252 min read


China Cloud Spending Surges to USD 11.6 Billion in Q1 on AI Boom
China’s cloud infrastructure services spending reached USD 11.6 billion in the first quarter, marking a 16% year-on-year increase driven by rising demand for artificial intelligence (AI) capabilities, according to research firm Canalys.
Jul 11, 20252 min read


Microsoft Saves Over USD 500 Million Using AI, Cuts Jobs Amid Cost Shift
Microsoft saved more than USD 500 million in its call centres last year by deploying artificial intelligence, according to a Bloomberg News report.
Jul 10, 20251 min read


Nvidia Hits USD 4 Trillion Market Value Milestone Amid AI Boom
Nvidia briefly reached a market capitalisation of USD 4 trillion on Wednesday, becoming the first company to hit the milestone and reinforcing its dominance in the artificial intelligence sector.
Jul 10, 20252 min read


Meta Buys 3% Stake in Ray-Ban Maker EssilorLuxottica to Boost AI Wearables
Meta Platforms has acquired nearly a 3% stake in EssilorLuxottica, the parent company of Ray-Ban, as it deepens its investment in artificial intelligence-powered wearable technology.
Jul 9, 20251 min read


Samsung Warns of Sharp Q2 Profit Drop Amid US AI Chip Curbs on China
Samsung Electronics projected a 56% fall in second-quarter operating profit, citing US restrictions on advanced artificial intelligence chip exports to China and delays in shipments to key customers.
Jul 8, 20252 min read


BRICS Leaders Push for AI Data Protections at Rio Summit
BRICS leaders are set to call for safeguards against the unauthorised use of artificial intelligence, aiming to curb excessive data collection and promote fair compensation mechanisms.
Jul 7, 20251 min read


France Fines Shein $47.17 Million for Misleading Discounts on Fashion Deals
France’s antitrust agency has fined fast-fashion retailer Shein EUR 40 million ($47.17 million) for deceptive discount practices on its French website.
Jul 4, 20251 min read


Intel CEO Considers Major Shift in Chip Manufacturing Strategy to Compete with TSMC
Intel Chief Executive Lip-Bu Tan is weighing a significant change to the company’s chip manufacturing strategy, potentially moving away...
Jul 3, 20252 min read


Top Chinese AI Researchers Leave OpenAI for Meta in Global Talent Battle
Meta Platforms has hired four top Chinese researchers from OpenAI, intensifying the global race for artificial intelligence talent....
Jul 1, 20252 min read


Nvidia Executives Sell Over USD 1 Billion in Shares Amid AI-Driven Stock Surge
Nvidia insiders have sold more than USD 1 billion worth of company shares over the past year, with over USD 500 million of those sales occurring in June, according to a Financial Times report.
Jun 30, 20251 min read


Micron Shares Climb on Soaring Demand for AI Memory Chips
Micron Technology shares rose 2% in premarket trading Thursday after the company issued a strong fourth-quarter revenue forecast, driven...
Jun 27, 20252 min read


Nvidia Becomes World’s Most Valuable Company Amid AI-Driven Stock Surge
Nvidia reached a record high on Wednesday, reclaiming its position as the world’s most valuable company after an analyst predicted a new surge in artificial intelligence demand.
Jun 26, 20252 min read


GAC Launches Electric Vehicle Production at New Indonesia Plant
Chinese automaker GAC has begun operations at its new electric vehicle manufacturing plant in Jakarta, aiming to expand its footprint across Southeast Asia.
Jun 25, 20251 min read


Apple Faces Shareholder Lawsuit Over Alleged AI Misrepresentation
Apple is facing a proposed securities fraud class action lawsuit from shareholders who claim the company overstated its progress in artificial intelligence, leading to significant financial losses.
Jun 23, 20252 min read


Amazon to Invest USD 233 Million in India to Boost Operations and Technology
Amazon will invest more than USD 233 million in India in 2025 to expand its operations infrastructure, enhance its fulfilment network, and improve delivery safety.
Jun 20, 20251 min read


Malaysia Investigates Reports of Chinese Firm Using Nvidia AI Chips for LLM Training
Malaysia’s Ministry of Investment, Trade and Industry is investigating reports that a Chinese company operating in the country is using Nvidia chips to train large language models.
Jun 19, 20251 min read


Microsoft to Cut Thousands of Jobs as AI Investments Grow
Microsoft is preparing to cut thousands of jobs, with many expected in its sales division, as it continues to invest heavily in artificial intelligence, according to a Bloomberg News report.
Jun 19, 20251 min read


Trump to Extend TikTok Sale Deadline to September, White House Confirms
U.S. President Donald Trump will extend the deadline for China-based ByteDance to divest TikTok’s U.S. assets by 90 days, pushing the new cutoff to mid-September, the White House said Tuesday.
Jun 18, 20252 min read


OpenAI Secures USD 200 Million Pentagon Contract for AI Development
OpenAI has been awarded a USD 200 million contract by the U.S. Department of Defense to develop artificial intelligence tools for national security applications.
Jun 17, 20251 min read


Taiwan Adds Huawei, SMIC to Export Control List Amid Security Concerns
Taiwan has added Chinese tech giants Huawei Technologies and Semiconductor Manufacturing International Corp (SMIC) to its export control list, tightening restrictions on high-tech trade with mainland China.
Jun 16, 20252 min read


US Says Huawei's AI Chip Output to Stay Below 200,000 Units in 2025 Amid Export Curbs
China’s Huawei Technologies is expected to produce no more than 200,000 advanced artificial intelligence chips in 2025, according to a top U.S. export controls official.
Jun 13, 20252 min read

