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Latest intelligence on infrastructure operators, policy decisions, market moves, and digital power shifts.

Companies
Trump media shares surge amidst legal storm
OUR TAKEThe shooting at Trump’s rally has underscored the fragile nature of political stability and its profound impact on financial markets. The incident serves as a reminder of the importance of preparedness and resilience in investment strategies. As the election approaches…

Global Institutional
Meta lifts restrictions on Trump’s Facebook and Instagram accounts ahead of election
OUR TAKEMeta’s decision to lift restrictions on Trump’s social media accounts ahead of the election underscores its evolving stance on political expression and platform governance. This step could impact how political messaging is disseminated online, reflecting broader debates…

Europe and Middle East Institutional
AI hits campaign trail for UK parliament seat: Future of politics?
Sussex businessman Steve Endacott has entered AI candidate AI Steve into the upcoming general election for Brighton Pavilion, UK.

Global Cloud Services
Synapse collapse triggers $160M crisis, BaaS model questioned
The collapse and bankruptcy of BaaS fintech Synapse highlight the vulnerabilities in the interdependent fintech ecosystem.

Companies
AMD snags Silo AI for $665M in a leap forward in the AI arena
July 10, 2024, chip giant AMD announced it will spend around $665 million to acquire Finnish artificial intelligence startup Silo AI. AMD’s shares jumped more than 5.7% in early trading Wednesday, with gains then falling back to about 3% at $182.51.

Global Cloud Services
Social media erupts with conspiracies after attempted Trump rally shooting
OUR TAKEThe shooting at Trump’s rally highlights the powerful role of social media in spreading misinformation. X’s algorithms shows the need for better content moderation and real-time fact-checking to ensure credible sources are prioritised and misinformation is swiftly…

Asia-Pacific Cloud Services
Top tech news stories today: July 15, 2024
Former President Donald Trump will no longer be subject to extra severe penalties for content rule violations on his Facebook and Instagram.

Asia-Pacific Cloud Services
3 top tech stories this week: July 12, 2024
From bionic robots to “China-spoiled”, we have a bunch of great tech stories to tell you about this week. Here’s our rundown. Would you pay $280,000 for a robot like this? https://blog.btw.media/tech-trends/would-you-pay-280000-for-a-robot-like-this/ China surges ahead in…

Europe and Middle East Cloud Services
Apple opens NFC to rivals, settling EU probe
Apple has consented to open its tap-and-go mobile payments system to competitors, settling a four-year-long EU antitrust probe that could have imposed substantial fines.

Global Institutional Trends
Intel leads funding in Israeli AI construction startup Buildots
Buildots secures $15 million from Intel Capital to expand its AI software aimed at reducing construction delays by up to 50% and improving cost efficiencies.

Asia-Pacific Cloud Services
Hedge funds pour into South Korea for next wave in AI
Hedge funds are pouring into South Korea’s semiconductor sector, seeing them as undervalued in the expanding AI technology market.

Asia-Pacific Cloud Services
Alibaba embraces gen AI tools for global commerce expansion
Aibaba’s international e-commerce unit is utilizing generative AI tools for translation, content creation, and product returns.

Global Cloud Services
58% of manufacturers increase AI spending, lower than expected
Manufacturers are approaching generative AI initiatives more cautiously than anticipated, with 58% planning to increase AI spending in 2024.

Asia-Pacific Institutional
AI outperforms students in exams, raising integrity concerns
According to a study by the University of Reading, AI-generated exam answers often outperform real student submissions.

Companies
Hedge funds bet on South Korean chipmakers for AI
Hedge funds are shifting their focus on the South Korean market, viewing them as the next sound investment.

Companies
Intel invests $15M in AI tech startup Buildots
Buildots, an AI-driven tech company that uses computer vision to create digital twins of construction sites, has secured a $15 million investment led by Intel Capital.

Companies
Amazon launches App Studio for AI-accelerated app development
Amazon Web Services has revealed AWS App Studio, an AI-enhanced service that accelerates custom application development through natural language inputs.

North America Institutional
US House committee votes to release TikTok hearing transcript
The US House committee requires to release of a transcript of a closed-door hearing, highlighting TikTok’s threats in the US.

North America Cloud Services
Ericsson beats estimates on cost cutting in tough market
Ericsson’s Q2 earnings surpassed expectations due to strategic cost reductions amid tough market conditions.

Companies
Partior raises $60M to expand blockchain payments
OUR TAKE Partior recently raised over $60 million in a Series B funding round led by Peak XV Partners, with participation from Jump Trading Holdings LLC, Valor Capital Group, Temasek Holdings, JPMorgan Chase and Standard Chartered. The funding will enable Partior to expand its…
