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Asia-Pacific Cloud Services
Top tech news stories today: May 10, 2024
Welcome to today’s tech news roundup, featuring Canada’s action against Binance and Apple’s latest strides in AI and cloud computing.

Global Cloud Services
Unveiling Cupertino’s AI vanguard: Apple’s stealthy quest for dominance
Apple stuns with M4 chip: 38 TOPS NPU powers new iPad Pro models, setting a new standard in AI performance for mobile devices.

Latin America and Caribbean Cloud Services
Neuralink’s first in-human brain implant experiences a problem
Neuralink implanted the device in a 29-year-old patient named Noland Arbaugh in January.Several threads have retracted from Arbaugh’s brain.

Global Cloud Services
AI is one factor for tech layoffs, but not the only one
Artificial intelligence (AI) has become a force in the tech industry, changing how companies operate and innovate. However, alongside its promise of increased efficiency and productivity, AI adoption has also raised concerns about its impact on employment. While it’s undeniable…

Global Institutional
Unveiling the reasons behind tech layoffs
Anna Tavis, clinical professor in human capital management at New York University, believes that all industries will continue to “right size” their staffing levels in pursuit of efficiency, cost cutting, and rationalising their skills portfolio. Driven by a combination of market…

Global Cloud Services
The ripple effect: How tech layoffs impact the economy
The tech industry has long been a driving force of economic growth and innovation. However, recent layoffs in the sector have raised concerns about the potential broader economic impact. In this blog post, we’ll explore 3 key areas where the effects of tech layoffs could be felt…

Global Institutional
A layered model for AI governance
Artificial intelligence, or AI, is a technology that enables computers and machines to simulate human intelligence and problem-solving capabilities. Al, from a technical perspective, is not a single technology, but rather a set of techniques and sub-disciplines ranging from areas…

Europe and Middle East Cloud Services
UK Network Rail employs VR to solve real-world concerns
Network Rail officially instructed over 1,000 students—a historic number for immersive training programs at the Trinity Academy in Thorne, Doncaster. Five railway safety sessions were held at the Doncaster school by industry experts from Network Rail’s Community Safety team and…

Global Cloud Services
DeepMind’s new AI can predict structure of ‘all life’s molecules’
AlphaFold 3 transforms protein structure prediction, now modelling DNA, RNA, and ligands, aiding diverse scientific research fields.

Global Cloud Services
Bitcoin inflows hit decade low as whales sit and wait
CryptoQuant reveals that Bitcoin exchange inflows have dropped to decade lows since reaching a peak of $73,800 in March.

Asia-Pacific Cloud Services
Apple sees 12% surge in China iPhone sales
Success attributed to strong demand for latest iPhone models, effective marketing strategies, and strategic partnerships with local retailers.

Asia-Pacific Institutional
Discussion on whether AI be regulated by the governance
The way that social interactions and transactions are organised in today’s society is being drastically altered by artificial intelligence (AI). AI systems and the algorithms that underpin them are becoming more and more significant in the making of morally complex decisions for…
Global Cloud Services
Betraying reality: unveiling the fractured trust in AI-infused visuals
Consumers demand transparency in AI-generated visuals. Rising skepticism towards social media authenticity prompts businesses to prioritize trust-building measures. News analysis.

Companies
Eric Schmidt supports Altera’s AI agents in gaming arena
The partnership between Altera and Eric Schmidt highlights the importance of AI in gaming and potential to revolutionise various industries.

Asia-Pacific Institutional
U.S. revokes Intel Qualcomm’s export license to China
The Biden administration revoked export licenses for Intel and Qualcomm, which had been supplying semiconductors to Huawei. The United States has placed Huawei on an export control list since 2019. Export ban The US government’s cancellation of Intel’s license for mass…

Companies
Disney and Warner Bros collaborate in streaming business
Disney and Warner Bros Discovery announced plans to launch a bundled service akin to traditional cable TV packages, allowing viewers to access Disney+, Hulu, and HBO Max all in one package, according to reports on May 8. Streaming business Subscribers to the bundle will have…

Companies
Sales of electric vehicle Nio doubles, shares list 20%.
Chinese electric vehicle brand Nio will launch a mid to low-priced brand and introduce its first model in the middle of this month. A surge in sales Nio has officially released its first vehicle, the “L60” under the “ONVO” brand according to the Chinese media outlet Quaker on May…

Asia-Pacific Cloud Services
5 major types of ransomware attacks
Ransomware is one of the most effective strategies for attacking businesses, critical infrastructure and individuals. This type of malware infects computers and prohibits or severely restricts users and external software from accessing devices or entire systems until ransom…

Global Cloud Services
Brandywine Realty Trust hit by ransomware attack
The incident underscores escalating cybersecurity threats, stressing the importance of robust security measures.

Asia-Pacific Cloud Services
5 biggest ransomware attacks in history
Ransomware attacks represent a significant threat in today’s digital landscape, leaving devastating impacts on organisations worldwide. In this blog post, we will show the five most significant ransomware attacks in history, each showcasing the extent of financial losses…
