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China wrestles with ‘quantity over quality’ in generative AI patents

China has emerged as the world’s top producer of generative AI patents, but it is struggling to turn many of its ideas into...

US cancels export licenses of suppliers to China’s Huawei

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...

‘Arrogant billionaire’: Australia, Musk in war of words over censorship

Elon Musk and Australian Prime Minister Anthony Albanese clash over order to remove X posts on church stabbing.Australia and Elon Musk have escalated...

US Senate passes bill to force sale of TikTok, sending it to Biden

TikTok has said legislation ‘would trample the free speech rights of 170 million Americans’.The United States Senate has approved legislation that would ban...

Microsoft, Google post double-digit profits rises, boosting case for AI

Tech giants’ shares surge after stronger-than-expected earnings.Google and Microsoft have reported double-digit profit increases, buttressing the case for the tech giants’ heavy investment...

IMF promises Pakistan ‘immediate’ release of $1.1bn loan after key meet

Islamabad, Pakistan – Cash-strapped Pakistan is poised to receive a $1.1bn loan tranche from the International Monetary Fund (IMF) after a key meeting...

KFC Malaysia temporarily closes outlets amid Gaza boycott

Franchise operator cites ‘challenging economic conditions’ amid local reports linking closures to boycotts of Israel.KFC Malaysia has temporarily closed some outlets in the...

Singapore tightens rules for expat workers with an eye on local discontent

Singapore – One of the world’s most open economies is attempting a delicate balancing act.On the one hand, the Southeast Asian city-state wants...

Biden unveils $6.6bn for Taiwan’s TSMC to ramp up US chip production

Taiwanese chip giant will build third facility in Arizona as part of $65bn investment in the US.The United States has pledged to give...

Toyota halts production at most Japanese factories after system failure

Japanese car giant suspends operations at 12 domestic plants after glitch leaves company unable to order components.Toyota, the world’s biggest carmaker, has halted...

Canada probes Walmart, Hugo Boss, Diesel over Uighur forced labour claims

Canadian watchdog announces probe after finding companies unwilling to participate in preliminary assessment.Canada’s corporate watchdog will probe Walmart, Hugo Boss and clothing brand...

US charges crypto founders over alleged support for North Korean hackers

US officials allege Tornado Cash facilitated $1bn in money laundering transactions for North Korea’s Lazarus Group.The United States has charged two cofounders of...
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