Baidu Unveils AI-Powered Enhancements in Mobile Ecosystem at Wanxiang Conference 2024
Baidu showcased its latest AI-driven advancements across its mobile ecosystem at the 2024 Wanxiang Conference, emphasizing the integration of AI agents in key services to enhance productivity and innovation for users and enterprises. 31 May 2024 – Baidu, Inc., a leading AI company with a robust Internet foundation, revealed significant progress across its mobile ecosystem at the 2024 Wanxiang Conference. Key services, including...
EigenLayer’s $18 Billion Re-Staking Surge Sparks Crypto Market Concerns
EigenLayer has drawn over $18 billion into its re-staking platform, allowing investors to earn multiple yields by staking and re-staking crypto assets. While the potential for higher returns is attractive, analysts warn that the practice could pose significant risks to the crypto market if not managed properly. 31 May 2024 – More than $18 billion worth of cryptocurrency has recently flowed into a new type of platform known as...
OpenAI Uncovers and Halts Five Covert Influence Campaigns Using AI Models
OpenAI has disrupted five covert influence operations that used AI models for deceptive activities, involving actors from Russia, China, Iran, and Israel targeting political issues. The company, now bolstering its security measures, found these campaigns did not significantly engage audiences and included both AI-generated and manually created content. 31 May 2024 – Sam Altman-led OpenAI announced on Thursday that it had...
Forrester Forecasts $6.8 Trillion in Global Online Retail Sales by 2028, Emphasizes Omnichannel Strategies
Global online retail sales are forecasted to grow from $4.4 trillion in 2023 to $6.8 trillion by 2028, with significant regional variations in e-commerce maturity and growth. Despite the rise of e-commerce, 76% of global retail sales will still be offline in 2028, emphasizing the need for robust omnichannel strategies. 30 May 2024 – Forrester has forecasted that global online retail sales will rise significantly from $4.4...
Squad Busters: Supercell’s Star-Studded Global Launch Unveils Action-Packed Multiplayer Fun
Supercell’s highly anticipated mobile game, Squad Busters, launches globally with a star-studded commercial featuring Hollywood icons and internet sensations. With 40 million pre-registrations and expectations to surpass $1 billion in revenue, the game promises inclusive and entertaining gameplay for players worldwide. 29 May 2024 – In a spectacular global debut, Supercell, the powerhouse behind mobile gaming sensations...
Truecaller Launches AI Call Scanner to Combat AI-Generated Voice Scams in Real-Time
Truecaller introduces the AI Call Scanner, an innovative feature using AI to detect AI-generated voice scams in real-time. Initially available for Android in the US, this feature enhances Truecaller’s scam-fighting capabilities and aims to safeguard users against emerging threats. 29 May 2024 – Truecaller, the world’s leading global communications platform, is excited to announce the launch of its latest feature, the AI...
Elon Musk’s xAI Raises $6 Billion, Valued at $24 Billion to Challenge AI Giants
Elon Musk’s AI startup, xAI, raised $6 billion in Series B funding, reaching a $24 billion valuation, to enhance product development and infrastructure. This positions xAI to compete with AI giants in the intensifying generative AI market. 27 May 2024 – Elon Musk’s AI startup, xAI, has successfully raised US$6 billion in a Series B funding round, bringing its post-money valuation to an impressive US$24 billion. This...
David Beckham Joins AliExpress as Global Ambassador for UEFA EURO 2024™ Campaign
AliExpress has announced David Beckham as its global brand ambassador to promote its UEFA EURO 2024™ campaign, enhancing fan engagement through interactive games and exclusive prizes. The campaign highlights AliExpress’s commitment to global consumer experience and investment. 27 May 2024 – Following its announcement in March of becoming the exclusive global e-commerce partner of UEFA EURO 2024™, AliExpress has now officially...
AI+ Taipei Startup Pitch Contest Invites Global Innovators to Shape the Future of AI
The Taipei Entrepreneurs Hub invites AI startups globally to join the “AI+ Taipei Startup Pitch Contest,” offering a platform for innovators to present their ideas and collaborate with partners in Taipei, with applications open until June 28, 2024. 23 May 2024 – The Taipei Entrepreneurs Hub (TEH), under the Taipei City Department of Economic Development (DOED), is calling all AI startups worldwide to participate in...
UnionPay Partners with Leading Merchants to Enable Seamless Online Payments for Global Cardholders
UnionPay has partnered with over 60 major online merchants to enable seamless and secure online payments for UnionPay cards issued outside mainland China, enhancing accessibility for international users through Project Excellence 2024. The initiative aims to support diverse online payment scenarios and improve the global payment experience. 23 May 2024 – UnionPay has recently partnered with over 60 online merchants, including...
Keeper Security Unveils 2024 Cybersecurity Trends Report Highlighting Zero-Trust and Advanced PAM Solutions
Keeper Security’s latest report with EMA highlights the increasing sophistication of cyber threats and emphasizes the critical role of advanced PAM solutions and zero-trust security in protecting organizational assets. Despite the challenges of traditional PAM solutions, Keeper’s innovative KeeperPAM offers a cost-effective and user-friendly alternative for modern security needs. 23 May 2024 – Keeper Security, the...
Tech Giants Alibaba and Baidu Clash in Cloud Computing Price Battle, Redefining Industry Dynamics
Alibaba and Baidu trigger a price war in China’s cloud computing sector by drastically reducing prices on their AI models, signaling heightened competition and evolving monetization strategies in the industry. 21 May 2024 – In a bid to dominate the cloud computing market in China, tech giants Alibaba and Baidu have ignited a fierce price war by slashing prices on their large-language models (LLMs) used for generative...
Microsoft to Unveil Next-Gen Surface Devices with Qualcomm Chips Ahead of Developer Conference
Microsoft is set to reveal new Surface devices powered by Qualcomm chips at an event ahead of its developer conference, highlighting a shift towards Arm architecture in the PC market. This move comes as Microsoft seeks to maintain its lead in AI technology development in collaboration with OpenAI. 20 May 2024 – Microsoft is poised to unveil an array of new consumer hardware and software products on Monday at its Redmond,...
ICANN and PANDI to Host Third APAC Domain Name System Forum in Bali
ICANN and PANDI are co-hosting the APAC DNS Forum in Bali to enhance collaboration in addressing Internet challenges and opportunities. Discussions will focus on domain name sector expansion, digital transformation, and Internet governance, with insights into Blockchain technology and legislative impacts. 19 May 2024 – The Internet Corporation for Assigned Names and Numbers (ICANN) and Pengelola Nama Domain Internet Indonesia...
Microsoft to Launch AMD AI Chips on Azure and Preview High-Performance Cobalt 100 Processors
Microsoft is set to offer AMD’s AI chips on its Azure platform and will preview its new high-performance Cobalt 100 custom processors at the Build developer conference, providing alternatives to Nvidia’s leading AI GPUs. 18 May 2024- Microsoft announced plans on Thursday to offer its cloud computing customers a platform utilizing AMD’s artificial intelligence (AI) chips, aiming to compete with Nvidia’s dominant AI...
Apple to Unveil Slimmer, Premium iPhone 17 in 2025 Amid Market Competition
Apple is developing a slimmer and more expensive iPhone model, set to launch with the iPhone 17 in September 2025, as part of its strategy to compete with major smartphone brands and revamp its product lineup. 18 May 2024 – Apple Inc. is working on a slimmer version of the iPhone, expected to debut with the iPhone 17 in September 2025, according to a report by Reuters. Sources familiar with the project indicate that this new...
Microsoft to Revolutionize ‘Call of Duty’ Launch with Game Pass Integration
Microsoft is set to release the next “Call of Duty” game on its Game Pass subscription service, departing from its traditional sales model. This strategic move is anticipated to be announced at the Xbox showcase on June 9. 18 May 2024 – Microsoft plans to release the upcoming installment of the “Call of Duty” video game on its Game Pass subscription service, a significant departure from its traditional...
Big Tech’s Entry into Finance Spurs Call for New Banking Regulations, Says Basel Committee
Global banking regulators warn that the digitalization of finance and Big Tech’s entry into the banking sector introduce new risks, potentially requiring new regulatory measures to ensure system stability and resilience. 17 May 2024 – Global banking regulators have identified new vulnerabilities and amplified existing risks in the banking system due to the digitalization and entry of Big Tech into finance, according to a...
Global Tourism Soars as APAC Destinations Lead the Way
The global travel sector in 2024 is thriving, driven by robust consumer spending and increased passenger traffic, with key trends highlighting the prominence of APAC destinations and a shift towards meaningful travel experiences. Japan, Thailand, and the Chinese Mainland are notable highlights, with extended trip durations and a focus on experiences over material goods shaping the future of travel. 16 May 2024 – The global...
Casio Introduces G-SHOCK G-5600SRF Watch in Collaboration with Surfrider Foundation
Casio’s latest G-SHOCK watch, the G-5600SRF, created in collaboration with the Surfrider Foundation, combines style with environmental consciousness. Crafted from recycled resin scraps and featuring artwork by Yusuke Hanai, the watch embodies a commitment to ocean conservation while offering practical features like Tough Solar charging. 16 May 2024 – Casio Computer Co., Ltd. has unveiled its newest addition to the G-SHOCK...
