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

Trump media shares surge amidst legal storm

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…

Jul 15, 2024
Meta lifts restrictions on Trump’s Facebook and Instagram accounts ahead of election

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…

Jul 15, 2024
AI hits campaign trail for UK parliament seat: Future of politics?

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.

Jul 15, 2024
Synapse collapse triggers $160M crisis, BaaS model questioned

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.

Jul 15, 2024
AMD snags Silo AI for $665M in a leap forward in the AI arena

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.

Jul 15, 2024
Social media erupts with conspiracies after attempted Trump rally shooting

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…

Jul 15, 2024
Top tech news stories today: July 15, 2024

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.

Jul 15, 2024
3 top tech stories this week: July 12, 2024

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…

Jul 12, 2024
Apple opens NFC to rivals, settling EU probe

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.

Jul 12, 2024
Intel leads funding in Israeli AI construction startup Buildots

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.

Jul 12, 2024
Hedge funds pour into South Korea for next wave in AI

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.

Jul 12, 2024
Alibaba embraces gen AI tools for global commerce expansion

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.

Jul 12, 2024
58% of manufacturers increase AI spending, lower than expected

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.

Jul 12, 2024
AI outperforms students in exams, raising integrity concerns

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.

Jul 12, 2024
Hedge funds bet on South Korean chipmakers for AI

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.

Jul 12, 2024
Intel invests $15M in AI tech startup Buildots

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.

Jul 12, 2024
Amazon launches App Studio for AI-accelerated app development

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.

Jul 12, 2024
US House committee votes to release TikTok hearing transcript

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.

Jul 12, 2024
Ericsson beats estimates on cost cutting in tough market

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.

Jul 12, 2024
Partior raises $60M to expand blockchain payments

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…

Jul 12, 2024