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Tech industry giants urge EU to streamline AI regulations

Meta has spearheaded an open letter calling for urgent reform of AI regulations in the EU. The letter, which garnered…

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Tech

UK signs AI safety treaty to protect human rights and democracy

The UK has signed a landmark AI safety treaty aimed at protecting human rights, democracy, and the rule of law…

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New Business

China’s medical-device makers look overseas for exports to cure to ailments at home

Meanwhile, exports within the low-risk class I medical device category, which includes syringes, needles and gauze, made up 25.27 per…

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Tech

Chinese smartphone brand Realme targets 100 million AI handset shipments in 3 years

Chinese smartphone maker Realme aims to ship 100 million artificial intelligence (AI) handsets in the next three years, according to…

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New Business

China considers higher tariffs on large petrol cars as EU tensions escalate

“The timing of the action basically suggests that this is a response to the EU tariff on made-in-China EVs,” said…

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New Business

EU approves German state aid for US$11 billion TSMC joint-venture chip plant

“This is a true win-win situation for all of us,” EU Commission President Ursula von der Leyen said at a…

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New Business

Regulatory, geopolitical uncertainties cloud M&A activity in China: Deloitte

“Uncertainty is a big word, and [it] has been affecting confidence,” said Stanley Lah, strategy and transactions national leader at…

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New Business

Opinion | Why World Bank action on looming jobs crisis points to a better way

During the next 10 years, the bank suggests, an unprecedented 1.2 billion young people in the Global South will become…

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Tech

E-commerce tycoon Colin Huang tops China’s rich list

E-commerce tycoon Colin Huang has become China’s richest man, an index showed Friday, capping an ascent for the former Google…

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Tech

UK backs smaller AI projects while scrapping major investments

The UK government has announced a £32 million investment in almost 100 cutting-edge AI projects across the country. However, this…

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