Telcos, Media & Tech
TikTok says it signed agreements to create new US joint venture
TIKTOK chief executive officer Shou Chew told employees that the social media app’s parent company, ByteDance, signed binding agreements to create a US joint venture majority-owned by American investo...
US Energy Department taps Big Tech for AI-powered research push
THE US Department of Energy said on Thursday it has signed agreements with 24 organisations, including tech giants such as Microsoft, Google and Nvidia, to advance the Genesis Mission.
Instacart to pay US$60 million to settle FTC claims it deceived shoppers
INSTACART has agreed to pay US$60 million in refunds to settle the US Federal Trade Commission’s allegations that the online grocery delivery platform deceived consumers about its Instacart+ membershi...
Google works to erode Nvidia’s software advantage with Meta’s help
The effort is part of Google’s aggressive plan to make its TPU a viable alternative to Nvidia’s GPUs
Why China isn’t rushing to buy Nvidia’s H200 AI chip
The US is offering China Nvidia’s second-fastest AI chip, the H200, but Beijing is holding back. Behind the hesitation lies a high-stakes struggle over technology, control, and the future of domestic ...
PDD, owner of Temu, fires dozens of workers after fistfight with China officials
Regulators had requested to see PDD’s transaction data
Apple makes changes to iOS software in face of stricter Japanese rules
Japanese developers will have three options for handling payments
US FTC probes Instacart’s AI pricing tool, source says; shares drop
Shoppers viewing Instacart prices saw wildly different prices for the same items sourced at the same stores
Optus outage review flags process, protocol gaps; Singtel expects recommendations to kick in ‘swiftly’
The report finds that ‘challenges in Optus’ culture’ affected decision-making and response times
Micron surges as global memory chip shortage boosts profit forecast
It is set to add over US$30 billion to its market capitalisation, if premarket gains hold
