Bussiness

NYSE glitch sparks volatility in Berkshire Hathaway and dozens of…

Posted by June 3, 2024

Trading in at least 60 stocks is halted due to volatility as Berkshire Hathaway shares plunge 99.97%.A glitch at the New York Stock Exchange (NYSE) has triggere

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Malaysia’s chip industry falls in the crosshairs of US sanctions…

Posted by June 3, 2024

Bangkok, Thailand – The United States’ efforts to cripple Russia’s war machine in Ukraine have ensnared an unlikely target far from Moscow: Malaysia’s m

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India election results 2024: How will votes be counted?

Posted by June 2, 2024

EXPLAINERHere’s how votes for India’s Lok Sabha polls will be counted using EVMs on June 4.India’s multiphase voting concluded on Saturday after seven rou

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Why are Gen Z and Millennials ditching their smartphones for…

Posted by May 31, 2024

We’ll explore how some people are ditching their smartphones for old-school dumb phones and embracing low-tech living.Did you know the average user could spen

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OpenAI says it disrupted Chinese, Russian, Israeli influence campaigns

Posted by May 31, 2024

ChatGPT maker says influence operations failed to gain traction or reach large audiences.Artificial intelligence company OpenAI has announced that it disrupted

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Google announces $2bn investment in Malaysia, as gov’t hails 26,500…

Posted by May 30, 2024

Tech giant says investment in Southeast Asian country will ‘pave the way for delivering the transformative power of AI’.Google has announced that it will in

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TikTok curbs state-affiliated media amid foreign influence fears

Posted by May 24, 2024

Video-sharing app says state-backed accounts will not be recommended or allowed to advertise outside home countries.TikTok, the popular video-sharing app, has a

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South Korea unveils record $19bn package to support chip industry

Posted by May 23, 2024

President Yoon Suk-yeol has announced a record $19bn support plan for South Korea’s crucial semiconductor industry. South Korea is home to the world’s top m

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Nvidia’s profits soar as AI boom shows no sign of…

Posted by May 23, 2024

California-based company reports seven-fold jump in profit to $14.88bn in first quarter.Nvidia, the chipmaker at the centre of the boom in artificial intelligen

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Qatar seeks to increase data capacity three times more in…

Posted by May 16, 2024

The QEF kicked off in Lusail on Tuesday, where Qatar’s Prime Minister Sheikh Mohammed bin Abdulrahman Al-Thani announced the launch of the ‘Fanar’ Arabic

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US cancels export licenses of suppliers to China’s Huawei

Posted by May 8, 2024

Move comes after launch of AI-enabled laptop drew fire from Republican lawmakers.The United States has revoked some licenses that allow companies to ship goods,

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Amazon to invest $9bn in Singapore to expand cloud services

Posted by May 7, 2024

Announcement comes after rival Microsoft last week unveiled major investments in Malaysia, Thailand and Indonesia.Amazon has announced plans to invest $9bn in S

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