Power Bank fire risk prompts major recall
Two leading electronics manufacturers, Anker and Romoss, have announced the recall of more than 1.2 million power banks globally after discovering that certain models pose [more…]
Category: Hong Kong
Ant Group ignites AI and Web3 breakthroughs from Hong Kong
Ant Group, the fintech giant affiliated with Alibaba, has intensified its push into artificial intelligence (AI) and Web3 technologies by establishing its international headquarters in [more…]
HKMA sets new guidelines for GenAI in banking
In a move aimed at steering the burgeoning use of generative artificial intelligence (GenAI) in Hong Kong’s financial sector, the city’s de facto central bank, [more…]
Qoo10 payment glitch sparks $400M rescue plan for South Korean small businesses
In a dramatic turn of events, South Korea is stepping in with a whopping $400 million to rescue small businesses left reeling from a colossal [more…]
DeepL expands into Asia with traditional Chinese translation
DeepL, the German AI translation startup valued at a whopping $2 billion, has unveiled traditional Chinese as its newest language option. This strategic move is [more…]
iFlytek unveils ambitious A.I. investment plan in Hong Kong
In a leap towards global innovation, iFlytek, a pioneer in China’s artificial intelligence landscape, has unfurled a five-year, HK$400 million (US$51.2 million) investment plan in [more…]
OpenAI to block China access in July
In a surprising twist, OpenAI has unveiled plans to cut off access to its tools and software in China starting in July, sparking a flurry [more…]
Meituan to launch food-delivery platform in Riyadh, marking first overseas expansion
Meituan, the Chinese on-demand local services giant, is gearing up for its first international expansion, with plans to launch its food-delivery platform in Riyadh, Saudi [more…]
Hong Kong Web3 Festival wraps up with Bitcoin boom and ETF hopes
Hong Kong’s recent Web3 Festival buzzed with enthusiasm as industry leaders and enthusiasts gathered to discuss the future of cryptocurrencies, particularly bitcoin. The festival concluded [more…]
Nvidia partners with Indosat Ooredoo Hutchison to establish A.I. center in Indonesia
Nvidia, the U.S.-based tech giant, is set to establish a $200 million artificial intelligence center in Indonesia, in collaboration with local telecommunications leader Indosat Ooredoo [more…]