Taiwan Semiconductor Manufacturing Company is expected to report a 30% increase in second-quarter profits to $7.25 billion, driven by heightened demand for its advanced semiconductors used in AI applications, with its ADRs recently surpassing a trillion-dollar valuation.
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Singapore’s blockchain fintech firm, Partior, declared the successful closure of its Series B funding round, securing $60 million.
OUE TAKEApple’s iPhone sales rebounded slightly in the June quarter, with 45.2 million units shipped, up 1.5% year-on-year despite a…
AT&T faced criticism for reportedly paying a $370,000 ransom in Bitcoin to the ShinyHunters hacker group to delete stolen customer data, following negotiations mediated by an intermediary named Reddington, who also arranged similar deals for other victims.
Intel Capital is leading an investment in AI construction startup Buildots, using technology to enhance project management efficiency.
Republican lawmakers have urged the Biden administration to assess Microsoft’s $1.5 billion investment in AI firm G42.
Australia will introduce a law mandating internet companies to proactively prevent online scams, with substantial fines for non-compliance.
Japan’s SoftBank Group has acquired UK-based AI chipmaker Graphcore, providing the resources needed for competitive growth in the AI sector.
Indonesia is recovering from a ransomware attack initiated by Brain Cipher, impacting over 160 government agencies.
SpaceX’s Falcon 9 rocket was grounded by the FAA following a rare failure, resulting in the loss of 20 Starlink satellites.
OUR TAKE Founded in Silicon Valley in 1998, Equinix has expanded globally and now has about 260 data centres worldwide, including…
Metaverse as a new concept in the era of artificial intelligence is rapidly attracting people’s attention and imagination. It is…