Business News

US can house 'entire' supply chain for advanced chips: Commerce Dept
2024-02-26 22:08:17
US Commerce Secretary Gina Raimondo expressed confidence Monday that the country can house the entire silicon supply chain for making advanced chips, including tech that is key for artificial intelligence.
Businesses can benefit from social robots if trust is established, finds study
2024-02-26 22:08:17
While the rise of artificial intelligence is proving to be a contentious issue, new research from Edith Cowan University (ECU) has found that the use of social robots in a commercial setting would likely be met with less resistance.
Battlefield Studio Loses Master Chief Creator
2024-02-26 18:38:18
Ridgeline Games loses its director.
AT&T to offer customers a $5 credit after phone service outage. Here's how to get it.
2024-02-26 17:04:03
AT&T apologized for Thursday's widespread phone network outage and said "potentially impacted customers" will receive a credit.
What's the best way to get a lower mortgage rate? Experts weigh in
2024-02-26 17:02:35
Mortgage rates may be high right now, but these expert-backed strategies can help you snag a lower one.
What to do when your CD matures, according to experts
2024-02-26 17:02:30
Have a CD maturing soon? Take one of these five steps next.
Smartphone makers bet on AI to boost sales
2024-02-26 15:28:13
Smartphone makers are packing their latest devices with flashy new artificial intelligence tools such as real-time voice translation and advanced photo editing in efforts to reignite consumer demand.
Ford stops shipping 2024 F-150 Lightnings for ‘quality checks’
2024-02-26 15:27:48
Ford is being mum on what prompted the inspections.
India's electric vehicle boom stalls over charging challenges | KrASIA
2024-02-26 14:45:03
Limited infrastructure remains a major hurdle to lifting sales in the world's third largest car market.
Tyler Perry, fearful of AI advances, halts $800 million Atlanta film studio expansion
2024-02-26 13:24:18
Tyler Perry has put the kibosh on a planned $800 million expansion at his 330-acre studio in Atlanta over fears that rapid advances in video-related artificial intelligence could reduce demand for traditional film-making.
Developers say proposed wind farm project could help power Anchorage, reducing strain on gas
2024-02-26 13:24:18
Developers of a huge wind farm proposed for construction near Anchorage say it could help provide a much-needed boost to the area's energy needs, and will be most productive when it's most needed, when temperatures drop and demand for energy soars.
Luckin Coffee sees profit margin drop 10% in Q4 despite revenue surpassing Starbucks by $260 million · TechNode
2024-02-26 11:10:37
In the three months ended in December, Luckin Coffee’s profit margin dropped 10.3% compared to the previous quarter due to low-price competition with
BYD’s first supercar can dance, self-park, comes with $233,352 price tag · TechNode
2024-02-26 11:10:36
BYD on Sunday rolled out its first electric sports car the Yangwang U9, which boasts a staggering 1,300 horsepower and sprint time of 0 to 100 km/h (62
Economists see brighter outlook for 2024. Here's why.
2024-02-26 06:13:54
Americans can expect ebbing inflation and a strong job market this year, according to the National Association for Business Economics.
Network founded by Koch brothers says it will stop spending on Nikki Haley's presidential campaign
2024-02-26 04:00:53
The cut comes after Haley lost the Republican primary in her home state of South Carolina to former President Donald Trump by 20 points.
China's CXMT aims to build country's first advanced memory chips for AI | KrASIA
2024-02-25 12:31:34
The move is intended to cut dependence on foreign suppliers SK Hynix, Samsung, and Micron.
Auntea Jenny becomes next Chinese tea brand to pursue Hong Kong IPO | KrASIA
2024-02-25 12:31:33
A decade after its first store was established by a husband-and-wife duo, Auntea Jenny is now heading toward a Hong Kong IPO.
Deals in brief: PriyoShop raises pre-Series A funding, Xalts acquires Contour Network, Mask launches second fund of Bonfire Union venture arm, and more | KrASIA
2024-02-25 12:31:32
Bringing you the latest news briefs on fundraising activities in the Asia Pacific.
Aichi, Japan's manufacturing epicenter, is actively fostering open innovation with China | KrASIA
2024-02-25 12:31:30
Since 2019, the Aichi-China Innovation Program has sought to advance open innovation cooperation between China and Japan.
Deals in brief: UnoAsia banks USD 32.1 million, Franklin Templeton backs Singapore-based Transparently.AI, nine China and India deals, and more | KrASIA
2024-02-25 12:31:29
Bringing you the latest updates on funding deals and activities in the Asia Pacific.

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