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Lanon Wee
Nov 2, 20236 min read
Apple's AI Strategy Compared to Other Big Tech Companies
Apple has stayed quiet when it comes to the development of products and services before they are released, and this has caused worry that...
Lanon Wee
Nov 2, 20233 min read
Central Bank Keeps Interest Rates Unchanged While Upgrading View of Economic Expansion
The Federal Reserve's rate-setting panel unanimously chose to maintain the federal funds rate in a target range between 5.25%-5.5% at...
Lanon Wee
Nov 2, 20232 min read
Orsted Abandons Two New Jersey Offshore Wind Ventures, Takes $4 Billion Loss
Orsted, a Danish wind power developer, declared a $4 billion write-down in the initial nine months of the year, and announced the...
Lanon Wee
Nov 2, 20232 min read
Splunk to Lay Off 500 Employees Before Cisco Acquisition
CEO Gary Steele revealed in a message to employees that Splunk will reduce 7% of its global staff, prior to the conclusion of its...
Lanon Wee
Nov 2, 20231 min read
China Endorses Global Agreement on Artificial Intelligence despite U.S. Tech Tensions
Wu Zhaohui, China's Vice Minister of Science and Technology, declared that Beijing is open to strengthening dialogue and communication...
Lanon Wee
Nov 2, 20232 min read
AI chatbot on LinkedIn to Assist in Job Search
LinkedIn claimed it had accumulated more than 1 billion users and presented an AI chatbot designed as a "job searcher mentor" and other...
Lanon Wee
Nov 2, 20233 min read
Two Insurance Giants Invest $265 Million in Insuretech Firm Next Insurance
Next Insurance, a small business-focused insuretech startup, is entering a strategic partnership with Allstate and extending its existing...
Lanon Wee
Nov 2, 20232 min read
Swiss National Bank Chairman Cites Credit Suisse Intervention as Preventing Crisis
The Swiss National Bank offered a major support to Credit Suisse, which experienced a plummet in its shareholders' and stakeholders'...
Lanon Wee
Nov 2, 20231 min read
Stanley Druckenmiller Advocates for Reduced Government Expenditures and Entitlement Reform
Billionaire investor Stanley Druckenmiller proclaimed that the federal government has been demonstrating an imprudent approach to...
Lanon Wee
Nov 1, 20233 min read
WeWork Pursuing Bankruptcy: Reports
US media reports have suggested that WeWork, which provides office-sharing services, may be filing for bankruptcy as soon as the next...
Lanon Wee
Nov 1, 20232 min read
Microsoft Introduces Copilot AI for Email and Documents
Microsoft has already attracted a number of major companies to utilize Copilot as they start selling the AI expansion to Office...
Lanon Wee
Nov 1, 20233 min read
Elon Musk Attending AI Summit in the UK - Who Else Will Be There?
The AI safety summit, spanning two days from Nov. 1 to 2, is being held at Bletchley Park, the 55-mile-north London archaeological site....
Lanon Wee
Nov 1, 20233 min read
Report Forecasts Southeast Asia's Digital Economy Reaching $218 Billion in 2023
Despite macroeconomic difficulties globally, digital economies in Southeast Asia are expected to reach a transaction value of $218...
Lanon Wee
Nov 1, 20234 min read
Telecom Companies Block Website Linked to 50 Suicides
A UK internet service provider famous around the country has prohibited its 5.7 million customers from accessing a website that promotes...
Lanon Wee
Nov 1, 20233 min read
Demis Hassabis: AI Should Not be Reckless
Demis Hassabis, the co-founder of Google Deepmind - one of the UK's most prominent AI companies - has said that the burgeoning industry...
Lanon Wee
Nov 1, 20233 min read
Sam Bankman-Fried Faces Legal Consequences for Former Statements
As Tuesday's fraud trial for Sam Bankman-Fried drew to a close, he was struggling to explain his handling of the now-defunct crypto...
Lanon Wee
Nov 1, 20232 min read
AMD Forecasts Fourth-Quarter Performance While Anticipating $2 Billion AI Chip Sales in 2021
On Tuesday, AMD reported their third-quarter earnings. They are one of the few chip manufacturers capable of creating the high-end GPUs...
Lanon Wee
Nov 1, 20233 min read
Closing Arguments Begin in Sam Bankman-Fried Criminal Trial
Sam Bankman-Fried concluded his third and last day of giving evidence in his criminal proceedings. The defense had finished their part of...
Lanon Wee
Nov 1, 20232 min read
Microsoft Launches Windows 11 Update With Copilot AI Integration
The introduction of Windows 11 brings with it the Windows Copilot - a generative AI that is capable of carrying out system functions and...
Lanon Wee
Nov 1, 20231 min read
Tesla Triumphs in Initial American Autopilot Court Case Involving Deadly Accident
On Tuesday, a jury in California found that the Tesla car involved in a crash that killed its owner and injured two passengers did not...
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