In the rapidly evolving landscape of fashion retail, Generation Z in Asia-Pacific is showcasing a significant shift in consumer behavior. Traditional methods of shopping, such as visiting department stores or shopping malls, are being replaced by online platforms where trends are set by idols and influencers. The Role of Social Media A recent report by
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In a long-awaited development, Mt. Gox, the Japanese bitcoin exchange that famously collapsed into bankruptcy a decade ago following a massive hack, is finally preparing to repay its creditors. The hack, which occurred in 2011, resulted in the loss of up to 950,000 bitcoins, a significant portion of which has since been recovered. This recovery
Amazon, the e-commerce giant, is doubling down on its efforts to attract startups to its cloud infrastructure services amid heightened competition in the artificial intelligence (AI) space. In a bold strategic move, Amazon announced that it would be increasing the value of credits offered to eligible startups through its AWS Activate program. This move comes
In a recent exclusive interview with CNBC, George Zhao, CEO of Chinese smartphone company Honor, emphasized the importance of protecting user data in the era of artificial intelligence (AI). Zhao highlighted that the transformative power of AI is only valuable if user data is safeguarded against potential breaches and misuse. The Role of On-Device AI
The Center for Investigative Reporting recently made headlines by suing OpenAI and lead backer Microsoft for alleged copyright infringement. This lawsuit is just one of many similar suits filed by major publications such as The New York Times, Chicago Tribune, and the New York Daily News. The lawsuit, filed in the Southern District of New
The partnership between Qatari telecoms provider Ooredoo and chipmaker Nvidia has been described as compliant with all U.S. regulations. While this may be true, it is essential to question the extent to which these regulations are being adhered to and whether there might be any loopholes that could potentially be exploited. With the geopolitical tensions
Tesla, a leading electric vehicle manufacturer, has recently faced challenges with its Cybertruck pickups, leading to multiple recalls in the U.S. These recalls, the third and fourth for the Cybertruck, highlight issues with trim pieces and faulty motor controllers in the front windshield wipers. While Tesla aims to address these problems promptly, the recurring recalls
The European Union regulators recently announced that Apple is violating the new tech rules by preventing customers of its App Store from being directed to alternative platforms. This breach of the Digital Markets Act (DMA) is a significant concern for the EU’s executive arm, the European Commission. The probe into Apple’s anti-steering rules has raised
Global Times reported that China is pushing for the European Union to retract its decision to impose provisional tariffs on Chinese electric vehicles. This request comes after the agreement between China’s commerce minister, Wang Wentao, and Valdis Dombrovskis, executive vice president of the European Commission, to initiate discussions regarding the EU’s anti-subsidy investigation into Chinese
Tech giants like Apple, Microsoft, Amazon, and Google often dominate the global brands list. However, in 2023, Nvidia emerged as one of the most valuable companies in the world, surpassing Microsoft to become the largest by market cap. Despite its impressive $3.1 trillion valuation, which briefly reached $3.3 trillion, Nvidia’s brand recognition lags far behind.