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Companies
Ground-shaking Inflation Hits South Korea
South Korea’s August Consumer Price Index (CPI) surged to 3.4%, a significant increase from July’s 2.3%. This marks the highest inflation rate since April an…
Companies
Budget Proposal in Congress Remains at a Halt
As the U.S. federal government’s new fiscal year approaches on October 1st, the budget proposal remains at a stalemate in Congress. Gina Raimondo, U.S. Secre…
Events
Solar Company Chair Acquires Massive Share from Audiwei
In the Beixi Exchange, Mr. Zhong Baoshen, the Chairman of the prominent $20 billion solar industry leader, Longi Green Energy, has made headlines by acquirin…
Companies
Google Doubles AI Training Performance with Fifth-Generation TPU
Google recently shipped its latest AI chip, the TPU v5e, and introduced the “A3 Supercomputer” powered by NVIDIA H100 GPUs. A3 VM instances are set to launch…
Institutional
Beijing Approves Five AI Models for Public
The first batch of large AI model products in Beijing has received official approval for public access. The development came after these models passed the “I…
Companies
Anker Innovations Reports Half-Year Revenue of Nearly 970 Million USD
Anker Innovations released its performance report for the first half of 2023, amounting to almost 7.066 billion CNY or 970 million USD. The revenue represent…
Companies
X Ventures into Job Market Competition
Looking for your next career move? You might just find it on X. Last month, an app researcher uncovered X’s plans to take on the professional social media ne…
Leaders
VR Therapy Might Offer Relief to Cancer Patients
A study, recently published in Frontiers in Virtual Reality, has unveiled the potential of VR therapy in reducing anxiety and fatigue among cancer patients. …
Companies
Jewelry Icon Tiffany & Co. Partner with Snap for the US Open
Renowned jewelry brand Tiffany & Co. has partnered with Snap to introduce an interactive AR experience at the U.S. Open. Playing with Diamond-Studded Racket…
Companies
JP Morgan Chase Steps into Crypto with “Chase Travel”
JP Morgan Chase, a global financial institution, has recently filed a trademark application with the United States Patent and Trademark Office (USPTO) for “C…
Events
AI21 Labs Secures $155M Funding at $1.4B Valuation
AI21 Labs, a pioneering AI startup, has secured $155 million in funding, pushing its valuation up to $1.4 billion. This remarkable investment reflects the gr…
Leaders
Sense Arena Designated as Official ATP VR Tennis Training Tool
Bob Tetiva, CEO of Sense Arena, and Daniele Sano, Chief Commercial Officer of ATP, have announced a multi-year partnership between Sense Arena and ATP. This …
Companies
Samsung Introduces Diet Platform: Samsung Food
Samsung just launched Samsung Food, a platform designed to simplify meal planning and redefine recipe discovery. By incorporating Samsung Food into their rou…
Companies
OpenAI Launches Enterprise Version of ChatGPT with Focus on Cybersecurity and User Privacy
OpenAI has introduced the much-anticipated Enterprise Edition of ChatGPT, a move aimed at expanding revenue streams and capturing a larger share of the enter…
Companies
New Zealand to Introduce 3% Digital Services Tax on Global Tech Giants
The New Zealand government is gearing up to unveil new legislation on Thursday, August 31st, enabling the implementation of a 3% “Digital Services Tax” (DST)…
Governance
Australia’s Lower July Inflation Strengthens Case for RBA Interest Rate Pause
Data released on Wednesday revealed Australia’s July inflation rate falling below expectations, reflecting a global trend. This development supports the Rese…
Events
Roark Capital’s $7 Billion Acquisition Marks a New Era for Subway
Global fast-food giant Subway has been acquired by US-based private equity firm Roark Capital in a deal valued at nearly $7 billion. With a presence in 112 c…
Companies
Goldman Sachs Shifts Focus to Wealth Management Business
Goldman Sachs Group has announced plans to divest its investment advisory business for mass-market high-end clients. This division will be transferred to Cre…
Companies
Holoeyes Secures 400 Million Yen to Expand Medical Virtual Reality
Holoeyes, a medical virtual reality company, recently announced raising about 400 million yen (around 2.7 million USD) through a third-party share placement.…
Companies
Zuckerberg Unveils Virtual Keyboard, Bosworth Hits 119 WPM
In a recent Ask Me Anything (AMA) session, Meta’s Chief Technology Officer, Andrew Bosworth, shared a virtual typing demonstration where he achieved a typing…