April 6, 2025
Technology

Apples Decline in Chinese iPhone Sales During the Holiday Quarter

Apple, a tech giant known for its innovative products, faced a challenging period in China. The latest reports reveal a notable 18% drop in iPhone sales during the holiday quarter. This decline has sparked discussions and raised concerns among industry experts and consumers alike. Apple Slips to Third Place In a surprising turn of events,

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Technology

Indias Jio Platforms Rising in Satellite Internet Realm with Orbit Connect

India’s Jio Platforms, in collaboration with Luxembourg-based SES, has made significant strides by acquiring permission from India’s space regulatory body to operate satellites over the country. This move marks a major development in the satellite internet industry, pitting them against global giants like Starlink and Amazon’s Kuiper. Competing with Global Players Orbit Connect is positioned

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Technology

Superbanks IPO Dilemma Weathering Losses and Market Decline

In the bustling financial landscape of Jakarta, a major player is making waves. Superbank, with heavyweight backers like Emtek Group, Grab, KakaoBank, and Singtel, is contemplating a bold move – an Initial Public Offering (IPO) to raise a substantial sum ranging from US$200 million to US$300 million this year. Picture this: A digital bank still

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Technology

Sea Sets Up $36.6m AI Hubs at NUS

Sea Limited and YTL Digital Capital Sdn Bhd have joined hands to launch Malaysia’s pioneering AI-powered digital bank, Ryt Bank. This groundbreaking collaboration has gained approval from Malaysia’s Ministry of Finance and is set to revolutionize the country’s banking landscape. A New Era in Banking Innovation Ryt Bank, scheduled to kickstart operations on December 20th,

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Technology

TSMCs Remarkable Recovery Taiwan Quake Aftermath and Record Profits

After a recent earthquake in Taiwan, many were left wondering about the fate of TSMC, one of the world’s leading semiconductor manufacturers. The earthquake had disrupted operations at TSMC, causing concern among tech giants like Apple and Nvidia who heavily rely on its chips. However, things took a surprising turn as TSMC managed to bounce

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Technology

Nvidias CEO A Closer Look at the Companys Impact in China

Nvidia, a powerhouse in the tech industry, has been making waves with its recent partnership initiatives. One such collaboration that has caught the attention of many is the strategic alliance between Nvidia Corporation and Taiwan Semiconductor Manufacturing Co. (TSMC). The driving force behind this move was none other than Nvidia’s visionary CEO, Jensen Huang. Picture

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Technology

Chinese self-driving startup Inceptio gears up for US IPO

Self-driving technology is taking the world by storm, and Chinese autonomous truck startup, Inceptio Technology, is at the forefront. With plans to go public in the United States through an Initial Public Offering (IPO), the company has raised an impressive $188 million in a recent series B+ equity financing round jointly led by Sequoia Capital

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Technology

Zomatos Blinkit Reports $11m Loss Amid Expansion Plans

Blinkit, a delivery subsidiary of Zomato, faced a significant setback in the third quarter as its losses widened to $11 million due to ambitious expansion strategies. The company’s consolidated net income fell short of market expectations, standing at $6.8 million. Challenges Faced by Blinkit The ultra-fast grocery delivery service recorded an adjusted EBITDA loss of

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Technology

Teslas Brand Value Plummets as Musks Reputation Takes a Hit Research

Electric vehicles have been all the rage, and one company that has been at the forefront of this movement is Tesla. Founded by Elon Musk, Tesla has captured the imagination of consumers worldwide with its sleek designs, cutting-edge technology, and eco-friendly ethos. However, recent research suggests that all might not be well in the world

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Technology

Xiaohongshus Rising Popularity A Cultural Exchange Between Chinese and American Users

American users find themselves exploring a whole new social media world on Xiaohongshu, also known as RedNote in English. This shift comes as a response to the impending TikTok ban in the US. The platform has witnessed an influx of over 700,000 new users within one week, catapulting it to the position of the most

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