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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...

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...

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...

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...

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...

Taiwan fears impact of US chip restrictions

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...

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...

Standard Chartered Malaysia Launches SmartStocks

KUALA LUMPUR: Standard Chartered Malaysia has launched SmartStocks, a one-stop online share trading platform. Bringing clients the convenience of trading on 12 exchanges across...

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...

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...

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...

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,...

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...

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...

UK regulator revokes license of Russia-backed broadcaster RT.

LONDON UK: Britain’s communications regulator revoked the license of the state-funded Russian broadcaster RT amid concern that its coverage of the war in Ukraine...

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”...

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...

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...

Game developers in UK help spread coronavirus advice

Online gaming platforms have seen a surge in demands as the coronavirus spreads, prompting several governments to limit the movement of billions of people...

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...

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...

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...

South Korean exports jump as employees worldwide work from home

The outbound shipments of teleconferencing equipment and components from South Korea have soared to 10% in the past weeks as many employees around the...

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...

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...

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...

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 […]

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 […]

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 […]

Facebook files lawsuit against marketing firm for illegal access of users’...

World’s largest social media site Facebook sued a marketing company named oneAudience, that it accused of “improperly” accessing users’ personal information without their authorization. Facebook filed a federal lawsuit against the New Jersey-based firm which allegedly hired developers to install malicious software development kit, or SDK, in their apps to exploit the “login with Facebook” […]

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 […]

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...

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...

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...

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...

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 […]

2 Taiwanese electronic companies enter world’s top PC vendors

Taipei-based Acer Inc. and Asustek Computer Inc. once again made it to the list of the world’s top 10 computer manufacturers in terms of shipments.The results were released by Gartner, a global market information advisory firm, which noted that the Taiwanese PC makers maintained high rankings despite a slight decline in their shares in 2019. […]

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 […]

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 […]

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...

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...

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...

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...

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...

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...

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...

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...

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...

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...

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...

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...

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...

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...

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...

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...
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