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South Korea chip inventory climbs the fastest in 27 years

In January, South Korea’s semiconductor inventory increased at its quickest rate in in 27 years. Highlighting a protracted tech recession that is holding back...

US study finds massive errors in face recognition

Amid widespread deployment of facial recognition systems for tightened security, a recent study of the US government showed that this AI (Artificial Intelligence)-based technology can actually produce...

KAB partners Janakuasa in Vietnam renewable energy venture

Kejuruteraan Asastera Bhd (KAB) , a Malaysian mechanical engineering company. Signed an agreement with Janakuasa Pte., Ltd. to enter the renewable energy market in...

Pinterest surpasses Snapchat in the US after gaining 82m users

Based on the latest estimates of eMarketer, Pinterest ended 2019 with a boom in the number of its users that totaled to 82.4 million.  The market tracker...

SpaceX launches 3 visitors to the space station for $55M each

CAPE CANAVERAL, Florida USA: SpaceX launched three rich businessmen and their astronaut escorts to the International Space Station on Friday. For more than a...

Telecom giants agree on mega telco merger to create a new...

The telecommunications giants will create synergies within the association, from cost savings to future financial flexibility. Axiata Group Bhd, Telenor Asia Pte Ltd and...

TV makers stun CES 2020 with super HD units

Televisions will no longer just be viewing appliances as TV manufacturing giants showcased super high definition models that can serve as hubs to control...

Automakers seen to bear the brunt of chip storage.

The semiconductor chip shortage is putting the brakes on automakers. Due to chip shortage, automakers industries are not able to complete the needs of...

Nintendo hit by coronavirus; production gets delayed

Japanese gaming giant Nintendo has confirmed feeling the heat of the novel coronavirus as it disrupts the production and deliveries of some of its...

Toyota invests $394 million in Californian taxi maker

Japanese auto giant Toyota has recently invested $394 million into the “flying taxi” of Joby Aviation—a Californian-based aerospace company.  Toyota is set to manufacture a...

India to investigate Amazon and Flipkart over alleged illegal discount practices

The Competition Commission of India (CCI) has launched a massive investigation into eCommerce giants Amazon and Flipkart who were allegedly involved in unethical anti-competitive...

Intel unveils $88B chipmaking expansion plan for Europe.

LONDON UK: U.S. chipmaker Intel unveiled plans on Tuesday to invest up to 80 billion euros ($88 billion) across Europe. As part of an...

Luno Malaysia achieves RM4.2bil in crypto transactions

Petaling Jaya: Luno, a cryptocurrency exchange based in Malaysia, has accumulated approx US$1bil(RM4.2bil) in total transactions so far this year. In 2020, Luno Malaysia...

Despite criticisms, Facebook maintains policy on political ads

Social media site Facebook announced that it would stick on its policy allowing political ads on its platform despite criticisms that politicians only use...

EV-related stocks advance after Tesla gets approval to import electric vehicles...

KUALA LUMPUR: Following the Ministry of International Trade and Industry’s (Miti) approval of Tesla’s application to import battery electric vehicles (BEVs) into Malaysia. The...

Amazon to include Pakistan Sellers on its seller’s list

Amazon is known as the king of e-commerce. It offers great potential for international trade through its online selling stores. Many countries (102) are...

Volkswagen hit with $34 Billion fine over diesel scandal; shares plan...

The world’s largest carmaker, Volkswagen, disclosed that it will spend a sum of $34.69 billion equivalent to 31.3 billion euros to pay fines and...

Mobile games download spike amid coronavirus quarantine

The demand for mobile games has surged as millions of people in China are quarantined and stuck indoors amid fears of the spreading coronavirus that has now claimed more than 3,000 lives. Application analysts reported that the global mobile game downloads jumped to 39% for the month of February. The mainland accounted for a huge […]

Taiwan fears impact of US chip restrictionso

TAIPEI: According to a Taiwanese economic official recent US efforts to lessen reliance on Taiwan’s cutting-edge technology may have an effect on Taiwan’s chip...

Quantum Computing Breakthrough: China’s Jiuzhang Performs AI Tasks 180 Million Times...

Jiuzhang, a quantum computing device developed by scientists in China, has achieved a significant breakthrough in the field of artificial intelligence. According to researchers,...

Petronas and SEA eyeing digital banking licence

Kuala Lumpur: SEA ltd and Petroliam Nasional Bhd (Petronas) are one of the organizations intending to offer an advanced digital banking license in Malaysia....

Russian President claims lead on hypersonic weapons, surpassing US

From merely catching up with the United States in the past, President Vladimir Putin of Russia claims that their country is now the world leader on...

What to expect next as US-China trade deal gets inked

Investors across the globe can now expect a "fair and reciprocal trade" said US President Donald Trump as his country’s deal with China finally got...

Facebook bans deceptive, modified media

Facebook’s Global Policy Management President Monika Bickert said they have removed modified images and videos that were intended to deceive millions of users. She said...

A “Prototype City of the Future” will rise in Japan, says...

Toyota Motor Corporation, a Japan-based multinational automotive manufacturer, recently shared the good news of transforming a 175-acre former car factory into a “Prototype City of...

Smart tech maker Wyze admits leak of customer data

US-based smart home technology company Wyze Labs Inc. has confirmed the leakage of databases of its millions of customers. The leak was first reported by Twelve Security, a...

HSBC: Malaysia, Singapore regional hubs for green financing

Kuala Lumpur: Malaysia and Singapore have escalated their more drawn-out term. Situating as regional hubs for green and maintainable finance. Making the giving of...

U.S. OPENS PROBE INTO TESLA’S AUTOPILOT OVER EMERGENCY VEHICLE CRASHES

On Monday, a formal safety probe has been opened against Tesla's auto driver system by the U.S. auto safety regulators. A number of crashes...

Canadian robot detected nCov earlier than health officials

The Centers for Disease Control and Prevention and the World Health Organization have recently confirmed that the initial alert about the virus outbreak came from Canada’s “BluDot.” It is an AI-powered health monitoring platform that uses a sophisticated disease surveillance program to polish news in 65 languages, said Fox Business News. Health officials explained that […]

Apple’s acquisition of weather app Dark Sky is sad news for...

The popular weather predicting app Dark Sky announced in a blog post on Tuesday that it has been acquired by Apple, noting that it...

Malaysia to increase efforts to address semiconductor backlog orders.

KUALA LUMPUR: Malaysia is trying its best to reduce the backlog of orders in the semiconductor industry over the past 12 months following the...

Microsoft claims mimic websites from North Korean hack group

Microsoft was delighted to announce that it had taken control over 50 websites that were operated by a hack group in North Korea. This after the American technology...

China’s TCL to stop release of BlackBerry phones

TCL communications announced that it will stop the production of BlackBerry devices beginning this August as the licensing agreement officially ends. In 2016, the Chinese...

Internet speed slows down globally due to coronavirus

Billions of people around the world have been raising concerns over the limitations of internet speed, connectivity and capacity amid the coronavirus pandemic. The growing...

IJM Corp entered into a deal with KLK to dispose of...

IJM Corp Bhd has agreed to sell all 56.2% of the shares of the IJM Plantation subsidiary KLK Bhd for RM1.53 billion in cash...

Electric car maker Tesla secures billion-worth loan to finance Shanghai Gigafactory

Tesla Inc. has confirmed entering into agreements with Chinese lenders for a secured term loan facility of up to 9 billion yuan ($1.29 billion)...

Gaming giant Minecraft offers free educational lessons amid coronavirus lockdown

With more and more schools worldwide being shut as part of the governments’ efforts to contain the coronavirus, the Western game Minecraft is offering...

TM, ZTE Malaysia team up to build hybrid cloud 5G core...

KUALA LUMPUR: To create a hybrid cloud 5G core network, Telekom Malaysia Bhd (TM) and ZTE (M) Corp Sdn Bhd have partnered. TM and...

German Chancellor hopes to resolve dispute with Huawei

The Chancellor of Germany, Angela Merkel, hopes to address the issue of whether to exclude Huawei as a supplier of the country’s 5G wireless equipment. Merkel...

Japan approves chip development project with Taiwan’s TSMC

Japan has ceased a US $ 338 million deal for a semiconductor research project. To develop advanced technology in the country with Taiwan Semiconductor...

Global semiconductor equipment sales to hit record US$108.5bil this year

PETALING JAYA: The Semiconductor Equipment Manufacturers Industry, based in the US. Predicts that global sales of all semiconductor manufacturing equipment by original equipment manufacturers...

MBSB Bank, Prec ink pact to drive cashless business transactions among...

PKNS Real Estate Sdn Bhd (Prec) and MBSB Bank Bhd (MBSB) have signed a memorandum of understanding (MoU) to work together. To promote cashless...

India launches first-ever robot astronaut

The Indian Space Research Organization (ISRO) stole the limelight in the technology sector this week as it unveiled its first half-humanoid robot that is intended to travel space in December. Claimed to have the ability to operate as a companion, the robot was named Vyom Mitra which translates from two Sanskrit words— Vyom means Sky or […]

2 South Korean electronics giants close plants due to virus cases

Samsung Electronics Co., Ltd. and LG Innotek have separately announced the temporary closure of their manufacturing plants in South Korea after workers tested positive for the coronavirus disease 2019 (COVID-2019). In a company statement, Samsung said that it’s Gumi factory will be closed until Sunday evening as they take all necessary measures, including disinfection, after […]

Amazon closes $8.5B deal to acquire Hollywood studio MGM.

Amazon announced it has closed its acquisition of Hollywood studio MGM. Two days after European regulators said the deal “would not significantly reduce competition”...

The US, EU sign data transfer deal to ease privacy concerns

BRUSSELS: The European Union and the United States made a breakthrough in their years-long battle over the privacy of data. That flows across the...

Apple will pay $500M in iPhone-throttling settlement

United States’ technology giant Apple has agreed to pay up to half a billion dollars to settle litigation claiming that it slowed down old models of iPhones to compel users to upgrade. Based on reports, Apple is required by the US District court to pay consumers an amount of $25 per affected device, totaling to […]

Tech giant Apple to open first store in India next year

Apple has been given the green light to open its first Indian store by 2021 after it received a special approval from the Government of India. The tech giant’s CEO, Tim Cook, personally made this announcement during the annual shareholders’ meeting, noting that Indian officials allowed the company to expand in their country even without […]

Germany seeks to boost renewable energy and cut Russian imports.

BERLIN Germany: The German government unveiled a major package of reforms. To boost the production of renewable power, and meet its climate goals. And...

Huawei’s lawsuit challenging US purchase ban rejected

Chinese technology giant Huawei loss its legal challenge of the constitutionality of a US law that restricts federal agencies from purchasing its products. A US judge...

Chipmaker GlobalFoundries plans US$6bil expansion in Singapore, US, Germany.

Despite the Biden government's call for the closure of domestic semiconductor manufacturing. GlobalFoundries Inc will build a US$4 billion (RM16.4 billion) chip factory in...

Tesla eyes building a Cybertruck factory in central USA

Tesla Inc. Chief Executive Officer Elon Musk said that he is searching for a site in the central United States that could serve as...

UK gov’t denies claims about overpriced HS2 railways

The Government of the United Kingdom downgraded Deputy Chair Lord Berkeley’s claims that the development of the High Speed 2 (HS2) project has an...

UK, Singapore launch talks on the digital trade agreement

BRITAIN: On Monday, Britain, and Singapore will begin negotiations on another computerized economic deal. That could eliminate boundaries, a piece of London's effort to...

Malaysia picks Ericsson for RM11bil project to deploy 5G nationwide

Kuala Lumpur: Tech giant Ericsson, selected by Digital Nasional Bhd (DNB) to deploy its fifth-generation (5G) national network. Believes that critical network infrastructure is...

Cyberattack in Ukraine war affected thousands across Europe.

A cyberattack targeting a satellite network used by Ukraine’s government and military agencies shortly after Russia’s invasion also knocked offline tens of thousands of...

Singapore’s GIC buying 16% stake of Sunway Healthcare for RM750m

Singapore sovereign wealth fund GIC Pte Ltd acquired a 16% stake in Sunway Healthcare Holdings Pte Ltd (SHH) for RM750 million. In a statement...

Singapore and Vietnam to work on pacts to boost digital economy

Singapore: Singapore and Vietnam have given their consents to speed up the formation process. For joint working gatherings to foster reciprocal arrangements on the...

IBM partners with new chipmaker Rapidus to make up lost ground

TOKYO: IBM Corp. claims that it is collaborating with Rapidus a recently established chipmaker sponsored by the Japanese government. To assist it to produce...

Japanese tech giant Softbank launches 5G service

The Tokyo-based multinational technology company, SoftBank Corp., has joined the ultra-fast 5G race in Japan as it officially launched its wireless offerings last week. It...

Hyundai to produce flying taxis for Uber

Hyundai Motor Company is set to produce flying cars for ride-hailing giant Uber as part of the latter’s aim to provide air taxis by...

Arizona Gov. Ducey hails Taiwan semiconductor investment

TAIPEI, Taiwan: Arizona Gov. Doug Ducey on Thursday hailed economic and educational cooperation with Taiwan. Marked by a $12 billion investment in his state...

Singapore bank stocks hit by Credit Suisse crisis

SINGAPORE: Local bank stocks fell when the market started yesterday morning. Due to concerns that the crisis enveloping Switzerland’s second-largest bank and a succession...

War censorship exposes Putin’s leaky internet controls

BOSTON: Long before waging war on Ukraine, President Vladimir Putin was working to make Russia’s internet a powerful tool of surveillance and social control...

Huawei to get limited role in British 5G network

China’s telecommunication giant Huawei will only get a “limited role” in the United Kingdom’s future 5G network following the recommendation of British government officials. The lawmakers proposed the exclusion of Huawei from the sensitive and data-heavy “core” part of the fifth generation and it will also be blocked from government systems. This was decided in […]

All payments for Govt services to be made on a cashless...

Once again Ministry of Finance, Malaysia is quite popular lately by the decision of Tengku Datuk Seri Zafrul Abdul Aziz - Finance Minister(MoF), he...

Silicon Valley Bank SVB run exposes rifts in venture capital world

SAN FRANCISCO: The failure of Silicon Valley Bank (SVB) has exposed differences within the typically close-knit venture capital (VC) industry. With some investors blaming...

Russian space chief: Sanctions could imperil space station.

MOSCOW: The head of Russia’s space program said that the future of the International Space Station hangs in the balance. After the United States,...

Mitsubishi denies alleged use of emission defeat devices

Japanese auto giant Mitsubishi Motors Corp defended that it had not committed fraud and used illegal defeat devices in its diesel engines. This after German...

Emirati app ‘Totok’ returns to Google Play Store after spying charges

The Middle East’s messaging application called “Totok” is again available for download at the Google Play Store following the denial of spying accusations against...

SK Hynix to invest US$11bil in new South Korea chip plant

SEOUL: SK Hynix Inc, the world's second-largest memory chip maker, said it will invest 15 trillion won ($10.9 billion) over the next five years...
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