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Chinese e-commerce faces survival challenges amidst slowing growth and increasing price pressures as platforms vie for cost-conscious consumers with aggressive sales tactics. The once-booming sector, characterised by extravagant s...
Tata Consultancy Services saw its shares rise nearly 3% following its first-quarter results, signalling a potential turnaround for India's IT services sector, which has faced sluggish demand. The IT index also surged 3.4%, its hig...
Elon Musk's grand vision of establishing a human colony on Mars is rapidly taking shape at SpaceX, where intensive planning efforts are underway alongside rocket development. Musk, driven by a lifelong fascination with Mars, has d...
SoftBank Group, the Japanese multinational investment holding company, has acquired Graphcore, a British AI chipmaker, in a strategic business move that ends speculation about Graphcore's future amid financial struggles. Once posi...
OpenAI has launched a five-tier system to measure its progress towards developing AI that can surpass human performance. The new classification aims to provide clearer insights into the company's approach to AI safety and future g...
The European Union has finalised its AI Act, a significant regulatory framework aimed at governing the use of AI within its member states. Published in the EU's Official Journal, the law will officially come into effect on 1 Augus...
According to a ruling by the EU tech regulators, Elon Musk's social media company, X, has breached the EU online content rules. The decision taken by the European Commission follows a seven-month investigation under the Digital Se...
Indonesia is starting to recover data encrypted in a significant ransomware attack last month, which impacted over 160 government agencies. The cybercriminals, identified as Brain Cipher, initially demanded$8 million in ransom but...
Japanese eSports gamer Mashiro, who is blind, is exploring how AI can help him navigate independently. The 26-year-old 'Street Fighter' player recently tested the AI chatbot ChatGPT on his way to a Para eSports meet-up, hoping it ...
The US House has voted to release a transcript of a March hearing on TikTok's security threats to aid the Justice Department in defending a law that mandates ByteDance, TikTok's Chinese owner, to divest its US assets. The US gover...
Republican lawmakers have requested an intelligence assessment from the Biden administration regarding Microsoft's$1.5 billion investment in UAE-based AI firm G42. Concerns have been raised over the potential transfer of sensitive...
According to Cloudflare analysts, European football fans watching the UEFA European Championship are causing noticeable changes in internet traffic within their countries. The most significant impact on internet usage was observed...
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