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

Telegram secures $330 million in bond sales

Companies

Telegram secures $330 million in bond sales

Telegram founder and CEO Pavel Durov said on his channel on Monday that the company secured $330 million in investment through bond sales last week. Profitability The offering was oversubscribed and the terms of the bond were favorable for the company, Durov wrote on his own…

Mar 19, 2024
Tesla to raise prices on Model Y electric vehicles in parts of Europe

Asia-Pacific Cloud Services

Tesla to raise prices on Model Y electric vehicles in parts of Europe

Tesla raises Model Y prices in Europe by 2,000 euros after similar increases in the US, aiming to counter profit margin declines.

Mar 18, 2024
xAI open-sources base model of Grok without any training code

Global Cloud Services

xAI open-sources base model of Grok without any training code

Elon Musk’s xAI has open-sourced the base code of Grok AI model, but without any training code and wasn’t tuned particularly.

Mar 18, 2024
Bitcoin rose and then dumped to a 10-day low last week

Global Cloud Services

Bitcoin rose and then dumped to a 10-day low last week

Bitcoin experienced significant volatility last week, reaching a peak of $73,800 but quickly falling to $66,000, marking a 10-day low. Bitcoin slumps to 10-day lows, with DOGE and SHIB falling by double digits Unlike previous weekends, this weekend has seen increased volatility…

Mar 18, 2024
Microsoft’s data centre consumes massive amount of water

Global Cloud Services

Microsoft’s data centre consumes massive amount of water

OUR TAKEThe excessive water and energy consumption by AI data centres, like Microsoft’s in Arizona, raises sustainability concerns. The rapid growth of AI, cloud computing, and cryptocurrency mining exacerbates the strain on resources, demanding urgent innovation for more…

Mar 18, 2024
THNIC opens SLD.th registration: 1st round of 2024

Global Institutional

THNIC opens SLD.th registration: 1st round of 2024

THNIC Foundation initiates the first round of “.th ” Second-Level Domain (SLD.th) registration for 2024, running from February 1 to March 31, 2024. A Second-Level Domain (SLD) is the part of a domain name that is located directly to the left of the top-level domain (TLD). In the…

Mar 18, 2024
Nigerian SEC proposes hike in crypto exchange registration fees

Africa Institutional

Nigerian SEC proposes hike in crypto exchange registration fees

The SEC of Nigeria proposes amendments to cryptocurrency exchange regulation aiming to enhance regulatory clarity.

Mar 18, 2024
SpaceX secures $1.8B to develop covert US spy satellite network

North America Cloud Services

SpaceX secures $1.8B to develop covert US spy satellite network

SpaceX, led by Elon Musk, initiated the development of a surveillance satellite network in collaboration with a U.S. intelligence agency.

Mar 18, 2024
Horizontal vs portrait: How should we hold our phones?

Global Cloud Services

Horizontal vs portrait: How should we hold our phones?

The landscape vs portrait video debate persists, posing challenges for creators and platforms seeking seamless integration.

Mar 18, 2024
China: World’s first truly cashless society?

Asia-Pacific Cloud Services

China: World’s first truly cashless society?

China stands as a pioneer in the adoption of cashless transactions, driven by industry giants with Alipay and WeChat Pay leading the charge.

Mar 16, 2024
Bitcoin mining difficulty hits 84 trillion ahead of bitcoin halving

Global Cloud Services

Bitcoin mining difficulty hits 84 trillion ahead of bitcoin halving

On March 14, bitcoin’s mining difficulty surged to 83.95 trillion hashes, indicating an 83.95 trillion times increase in mining complexity.

Mar 15, 2024
5 women that are changing the AI industry

Asia-Pacific Cloud Services

5 women that are changing the AI industry

While women’s scientific achievements are often overlooked, there are many remarkable female tech workers shaping the AI industry.

Mar 15, 2024
Apple loses battle to defend European app shops since DMA

Asia-Pacific Cloud Services

Apple loses battle to defend European app shops since DMA

In response to the DMA’s request, Apple has made concessions and many changes, such as allowing developers to distribute their apps directly to consumers for free and permitting Epic Games to open its app stores on iPhone and iPad in Europe. Apple made its latest concession to…

Mar 15, 2024
AI-generated editorial portrait of Lu Heng based on a public profile photo

Leaders

Interview with Lu Heng: The man who wants to decentralise IP addresses and save the internet

Lu Heng, CEO AT LARUS Ltd, wants to completely reconfigure how the building blocks of the internet – IP addresses – are managed.

Mar 14, 2024
Top tech news stories today: March 14, 2024

Africa Cloud Services

Top tech news stories today: March 14, 2024

Explore updates ranging from cryptocurrency exchange approvals to significant leadership appointments, as well as the US’s TikTok ban.

Mar 14, 2024
Blizzard is planning to return to China in 2024

Companies

Blizzard is planning to return to China in 2024

OUR TAKEBlizzard is returning to China in the coming weeks after the US video gaming giant resumed a partnership with NetEase following a high-profile bust-up last year. Blizzard positively contributes to the growth of the gaming industry in China, it provides Chinese gamers with…

Mar 14, 2024
New Microsoft product uses cybersecurity AI to help companies track hackers

Companies

New Microsoft product uses cybersecurity AI to help companies track hackers

OUR TAKECybersecurity professionals in summarising suspicious events and uncovering hackers’ cunning tactics, marks a significant advancement in the field of cybersecurity. The launch of the tool will enable cybersecurity professionals to identify potential threats more quickly…

Mar 14, 2024
Apple to allow users in EU to download apps from third parties

Europe and Middle East Cloud Services

Apple to allow users in EU to download apps from third parties

Apple plans to make concessions in EU countries that will allow some developers to distribute their iOS apps directly from websites.

Mar 13, 2024
Code snippet shows Quest headset support for panoramic photos

Global Cloud Services

Code snippet shows Quest headset support for panoramic photos

An eagle-eyed user found code that suggested immersive pics may soon be available in the Meta Quest, matching the Apple Vision Pro.

Mar 13, 2024
Samsung’s new midrange Galaxy A55 arrives with a bigger screen and new security features

Companies

Samsung’s new midrange Galaxy A55 arrives with a bigger screen and new security features

OUR TAKEAlthough Samsung’s midrange product doesn’t have stronger specs or varied features, it has more alluring prices than its flagship handsets. This time the two new models Galaxy A55 and Galaxy A35 have been launched with high-grade materials and chips and also added a…

Mar 13, 2024