Tech in Asia

The Caixin/S&P Global services purchasing managers' index (PMI) rose to 51.1 in May, up from 50.7 in April.

Which are the startups that are on the path to becoming the next big thing?

Pichai said that AI serves as a tool to enhance productivity rather than replace employees.

Other companies, including Cloud Software Group, also considered bidding for Informatica, according to previous reports.

Tesla's market share in China has been pressured as local automakers offer more affordable.

The Chips and Science Act, signed in 2022, allocated US$52.7 billion to boost US semiconductor production.

The IPO values Circle at US$6.9 billion, with a fully diluted valuation near US$8.1 billion.

Hashed Ventures operates in cities like Seoul, San Francisco, and Singapore, focusing on decentralized projects.

Apple said it was disappointed by the decision, while Epic Games CEO Tim Sweeney praised it on social media.

Founded in 2013, Xiaohongshu earns revenue through ads and ecommerce, and a potential IPO may be on the horizon.

The report details tactics such as pop-ups that warn users against leaving the app.

A key update is the beta release of “connectors,” which let users integrate Dropbox, Box, SharePoint, OneDrive, Google Drive.

The tariffs are expected to raise the average annual inflation rate by 0.4 percentage points in 2025 and 2026.

The attackers used social engineering tactics, impersonating IT support to gain access to sensitive data.

Mark Stevens, the largest individual Nvidia shareholder after CEO Jensen Huang, owns about 0.2% of the company

The funding will enable Aeon to expand its operations in Switzerland, Germany, and the UK.

He revealed Klarna cut its workforce from 5,500 to 3,000 due to AI agents reducing support costs.

Ray Dalio's advisory role at Danantara is voluntary and unpaid, focusing on Indonesia's development.

The lawsuit, filed in 2021, opposed the city's 15% fee limit that was implemented during the Covid-19 pandemic.

The reductions are expected to be completed by the start of the fourth quarter this year.