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Nvidia's Jensen Huang sells more than $36 million in stock, catching up with Warren Buffett in net worth

Nvidia CEO Jensen Huang has caught up with Berkshire Hathaway's Warren Buffett in net worth, according to analysis from Fortune and Bloomberg.

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Chinese unicorn Moonshot launches AI model Kimi K2 in red-hot open-source market

Chinese start-up Moonshot AI has released a new open-source artificial intelligence (AI) model, called Kimi K2, that is touted to excel in frontier knowledge, maths, coding and general agentic tasks, as the company looks to maintain an edge against rivals such as DeepSeek. Beijing-based Moonshot said Kimi K2 was developed with a mixture-of-experts (MoE) architecture and boasts 1 trillion total parameters, with 32 billion so-called activated parameters – specialised computational units engaged...

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This compact laptop dock streamlined my workspace - and it's buy one get one

Baseus' Nomo NU1 Air Spacemate is a handy 12-port dock for those of us with limited space (and lots of tech)

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An electrician's plea: Don't plug these 7 appliances (including AC units) into extension cords

Extension cords and power strips are fine for everyday devices, but using them with certain appliances - especially in summer - can be risky.

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How to download the iOS 26 beta on your iPhone right now (and which models support it)

The latest iPhone developer beta introduces one of the most dramatic iOS redesigns to date. Here's how to try it on a supported device - plus how to install the public beta when it releases in July.

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Can a Linux laptop replace my MacBook? This one is off to a good start

Tuxedo Computers' Infinity Book Pro 14 is a sleek-looking laptop with Linux pre-installed. But its performance is backed up by some smart design options.

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I put Linux on this 8-inch mini laptop, and it's filled a niche role for me

The Piccolo N150 is a tiny eight-inch laptop with more power than it suggests and a nice display. But as a writer, I've found it to be great for capturing ideas on the go.

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I found a mini PC that performs like a speed demon (and comes in bold colors)

The Herk Pulsar might be tiny, but it's got some impressive power - making for a solid space-saving device for Windows or Linux.

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Yes, Motorola's $1,300 Razr Ultra competes with the Galaxy Z Flip 7 (and not just in price)

Motorola's Razr Ultra employs some smart design tricks to show off what's possible with flagship foldables.

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My top 6 open-source Android apps from the Google Play Store - and why that's important

If you're a fan of open-source software, you'll be glad to know that there's plenty of FOSS software available for Android. Here are my favorite six apps.

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Google hires Windsurf CEO Varun Mohan, others in $2.4 billion AI talent deal

Google wants its AI models to become bigger in coding. It has now hired the CEO of one of the top startups in that area.

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Best Prime Day TV deals: Last chance on Sony, LG, and more

It's the last day of Amazon's Prime Day sale, and you can still find hundreds of discounted TV deals live. We've hand-picked the best TV deals from brands like Samsung, Sony, Hisense, TCL, and more.

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Prime Day tablet deals 2025: Last chance to save on iPads, Galaxy Tabs, and more

These are the best last-minute Prime Day deals on top tablets and accessories from Apple, Samsung, Lenovo, and more. Deals end tonight.

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Best Prime Day Amazon Echo device deals: My 20 top sales that end tonight

Amazon's Prime Day sale is almost over, but it still offers deep discounts on Amazon Echo products like Echo Frames, Echo Hub, and the Echo Show.

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No-fly zone: what brought about China’s largest power bank scandal

Chinese manufacturers of power banks – the ubiquitous portable batteries used by travellers to charge smartphones, tablets and laptops – are under increased public scrutiny, following a spate of incidents in which defective units were found to have caught fire during commercial flights. That prompted the Civil Aviation Administration of China (CAAC) to impose an emergency ban on air passengers carrying substandard power banks, a safety precaution that went into effect on June 28. Portable...

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Prime Day ends tonight - grab our 85+ favorite laptop deals while you still can

We rounded up the top laptop deals still live in the final hours of Prime Day, many of which we've tested ourselves and recommend.

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Prime Day ends tonight: Grab our favorite 140+ deals while you still can

Amazon Prime Day is hours from ending - don't miss these all-time-low prices on our favorite Apple products, TVs, laptops, and more before they're gone.

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Why your USB-C device won't charge - and what you can do instead

Does your gadget have a USB-C port, but it won't charge when connected to a USB-C cable? Here's what's going on.

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The best Sam's Club deals to compete with Prime Day: TVs, speakers, laptops, and appliances

It's the last day of this year's Prime Day sale, but over at Sam's Club you can catch some competing deals on your favorite tech items at a fraction of their usual prices.

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Best Prime Day security camera deals: My 40 favorite discounts that end tonight

It's the last day of Amazon Prime Day, but you can still secure your home for less with deep discounts on home security cameras from brands like Wyze, Blink, Ring, and more.

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These Prime Day smartwatch and fitness tracker deals likely won't apply tomorrow

It's the last day of Prime Day. Shop deals on Apple Watches, Oura Rings, and other wearable tech to track sleep, health, and more. Shop these sales that'll disappear by tonight.

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Best Prime Day phone deals: Top sales on iPhones, Samsung, Google Pixel, more

Amazon Prime Day is soon entering its final hours, but we've got eyes on the best Prime Day phone sales still live from Samsung, Google, Apple, and OnePlus.

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My favorite anti-Prime Day deals 2025 from Best Buy, Walmart, & more: Top sales from Amazon's competition

Prime Day ends today, but there are still plenty of massive sales across other top retailers like Best Buy, Walmart, Target, and Costco.

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TikTok loses bid to dismiss lawsuit alleging its 'addictive design' exploits kids

President Donald Trump granted ByteDance, TikTok's parent company, a third extension on time to sell off its U.S. TikTok operations.

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Rocket maker Firefly Aerospace files to go public under ticker FLY

Rocket maker Firefly Aerospace filed for an initial public offering on Friday, with plans to trade under the ticker symbol "FLY" on the Nasdaq.

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Robinhood is up 160% this year, but several obstacles are ahead

Robinhood faces fresh pressure from a Florida investigation and regulatory scrutiny of the company’s OpenAI and SpaceX tokenized stock products.

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Tron's Justin Sun says he's buying another $100 million of Trump's memecoin

Crypto billionaire Justin Sun is buying another $100 million worth of $TRUMP, doubling his total known stake of digital coins tied to President Donald Trump.

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Bill Gates says Trump's cuts to USAID are devastating: 'It’s not too late to reverse them'

Gates is reacting to Trump's cutbacks affecting a longtime partner of the nonprofit Gates Foundation.

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Bitcoin flies to new all-time highs, briefly topping $118,000 as institutions pile into ETFs

Bitcoin and ether ETFs saw their second biggest day of inflows ever as investors built on this week's rally and pushed prices to new records overnight.

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China’s state-asset watchdog explores role of stablecoins, other digital assets

The Shanghai branch of the regulator overseeing the assets of state-owned enterprises (SOEs) called on these organisations to explore the potential role of stablecoins and other digital assets in trade. The State-owned Assets Supervision and Administration Commission (SASAC) in Shanghai said SOEs must “maintain a keen awareness of emerging technologies” and strengthen research on digital currencies, according to the agency’s statement on Friday. The statement followed SASAC’s study session on...

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Intel spins out AI robotics company RealSense with $50 million raise

Tech companies like Tesla and Amazon have bet big on robotics technology and automation.

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Tesla to officially launch in India with planned showroom opening

Tesla has had its eye on India for a while, and the automaker has now stepped up efforts to launch locally.

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Microsoft Outlook hit with hourslong outage

Microsoft's Outlook email service was down for Outlook.com as well as Outlook mobile apps and desktop programs.

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Stanford-educated expert leads new semiconductor school in China

Wuhan University has become the latest institution to join China’s push for self-reliance in semiconductors by establishing the School of Integrated Circuits, led by a scientist educated at Stanford University. Liu Sheng, a member of the Chinese Academy of Sciences who earned a doctorate in mechanical engineering from Stanford in 1992, has been appointed as the inaugural dean of the new school. At an opening ceremony on Thursday, he said the school’s establishment followed “an in-depth...

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Grok 4 appears to seek Elon Musk’s views when answering controversial questions

XAI's Grok 4 AI chatbot launched Wednesday appears to consult Elon Musk's views when asked its opinion on some controversial matters.

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Huawei’s Pura 80 roll-out in Dubai is latest move in global smartphone push

Huawei Technologies rolled out the next phase of its global smartphone push on Thursday, with a launch event for the Pura 80 series in Dubai, as the Shenzhen-based tech giant seeks to revive its once-lucrative handset business amid US sanctions. Three models – the Pura 80, Pura 80 Pro and Pura 80 Ultra – were unveiled at a launch event in Dubai, as Huawei showcased its commitment to the market dominated by Apple and Samsung Electronics even though its devices are not supported by popular apps...

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China's 'instant commerce' price war sees $0.30 drinks and billions in subsidies doled out

China's 'instant commerce' sector is experiencing a cut-throat price war with companies launching massive subsidy programs and other promotions.

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Hong Kong stocks cap weekly gain on earnings optimism

Hong Kong stocks advanced on Friday, with the city’s benchmark pulling off a weekly gain on expectations for improved earnings in some industries and additional policy support from Beijing to spur growth. The Hang Seng Index rose 0.5 per cent to 24,139.57 at the close and the Hang Seng Tech Index gained 0.6 per cent. On the mainland, the CSI 300 Index added 0.1 per cent and the Shanghai Composite Index was little changed. Wuxi AppTec jumped 10 per cent to HK$88.15 after saying its first-half...

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Trump hosts Jensen Huang at White House as Nvidia tops $4 trillion market cap

Nvidia has been grappling with export controls on its AI chips implemented by the Trump administration in April for national security reasons.

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Tesla moves to expand Robotaxi to Phoenix, following rival Waymo

Tesla has applied to test and operate its Robotaxis in Arizona, CNBC confirmed Thursday.

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'Autofocus' specs promise sharp vision, near or far

Start-up firms and researchers are working on lenses that can change their focus.

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Robot maker AgiBot seeks stake in Shanghai firm in potential back-door listing

Tencent Holdings-backed AgiBot plans to acquire a controlling stake in a Shanghai-listed company for roughly 2 billion yuan (US$279 million), sparking speculation that the humanoid robot maker could pursue a back-door listing less than three years after it was founded. Agibot, the start-up also known as Zhiyuan Robotics, has offered to buy at least 63.62 per cent of Swancor Advanced Materials through affiliates Shanghai Zhiyuan Hengyue Technology Partnership and Shanghai Zhiyuan Xinchuang...

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Linda Yaccarino briefly loses verified X checkmark after stepping down as CEO

Elon Musk, who owns social media site X, thanked Yaccarino following the announcement of her departure.

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Musk, X to face trial in Don Lemon lawsuit alleging breach of contract

Musk and X have faced other lawsuits over non-payment to vendors and over failure to provide severance as promised to laid-off employees from Twitter.

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Bitcoin sets another record above $113,000 as investors jump into risk assets, liquidate shorts

Bitcoin broke through its previous day's record as investors continued piling into risk assets and liquidated short positions.

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Musk says Tesla is expanding Austin robotaxi service, adding Grok to cars

Musk said that Grok, his AI chatbot that praised Adolf Hitler and posted a barrage of antisemitic comments recently, will be in Tesla vehicles "next week."

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Amazon warehouse workers lose jobs after Trump's immigration crackdown: 'We have done everything legally'

Last month, Amazon began asking staffers who came to the U.S. under humanitarian immigration programs to provide updated work permits.

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Amazon Web Services is building equipment to cool Nvidia GPUs as AI boom accelerates

AWS is trying to address the need for more data center cooling by developing its own hardware.

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Four arrested in connection with M&S and Co-op cyber-attacks

Three men and one woman - aged between 17 and 20 - have been arrested in London and the Midlands.

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China’s cloud services spending hits US$11.6 billion on AI-related demand

Cloud infrastructure services spending in China reached US$11.6 billion in the first quarter, up 16 per cent from a year earlier, as adoption accelerated on the back of mainland enterprises’ growing artificial intelligence (AI) activities, according to research firm Canalys. Alibaba Group Holding’s cloud computing unit continued to lead the industry in the March quarter, with a commanding 33 per cent market share and a 15 per cent year-on-year revenue growth, Canalys data showed. Hangzhou-based...

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Hong Kong start-up wins EQT Impact Challenge with precision surgical system

Hong Kong start-up Syngular Technology has won a €100,000 (US$117,000) investment in the 2025 EQT Impact Challenge, after beating three other finalists in the pitch competition by impressing judges with its augmented-reality surgical system. By winning the challenge – designed to identify high-impact early-stage ventures in Hong Kong – the three-year-old company secured the investment from the EQT Foundation, founded by partners of the Swedish investment firm EQT. The competition, organised in...

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Elon Musk's Grok AI chatbot denies that it praised Hitler and made antisemitic comments

The backlash against the AI chatbot built by Elon Musk's xAI has escalated since the posts were made Tuesday, with the ADL condemning the "extremist" comments.

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Musk says Grok chatbot was 'manipulated' into praising Hitler

Anti-hate campaigners say the posts were "irresponsible, dangerous and antisemitic."

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Global AI conference in Shanghai to showcase China’s prowess, vision

China is set to showcase its artificial intelligence (AI) prowess, as well as its vision of how to manage the disruptive technology, at a conference in Shanghai as the country is stepping up its competition against the US for AI supremacy. The annual three-day World Artificial Intelligence Conference (WAIC), which starts on July 26, would showcase more than 3,000 hi-tech products, 40 large language models, 50 AI-powered devices and 60 intelligent robots, according to the organisers. Most of the...

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Head of China’s state-owned firm regulator visits DeepSeek, Unitree

Unitree Robotics and artificial intelligence (AI) firm DeepSeek hosted Zhang Yuzhuo, director of China’s State-owned Assets Supervision and Administration Commission (SASAC), during his tour of the two privately-owned start-ups on Thursday. As part of his two-day visit to east Zhejiang province, where the two companies are based, Zhang aimed to learn from the two companies about “how enterprises effectively gather innovative resources and stimulate vitality in the field of AI”, according to an...

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Hong Kong’s IntelliGen AI takes on Google DeepMind in drug discovery

IntelliGen AI, an artificial intelligence (AI) start-up founded in Hong Kong, is positioning itself as a competitor to Google DeepMind in the field of drug discovery, as the city increasingly seeks to bolster its AI capabilities. In an interview with the Post, founder and president Ronald Sun expressed confidence that IntelliGen AI could soon compete globally with Isomorphic Labs, a spin-off of DeepMind, in leveraging AI for drug screening and design. “For generative science, new breakthroughs...

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EU urges China for rare earth access amid US tariffs, growing supply worries

The European Union is facing growing calls to act against Beijing’s dominance over rare earth supply chains, highlighting persistent tensions just weeks before the coming EU-China summit. “Europe faces dual coercion: Trump’s tariffs and more threateningly, China’s strategic chokehold on rare earth exports,” said Bart Groothuis, MEP for Renew Europe, a centrist group in the European Parliament led by French President Emmanuel Macron’s Renaissance party. “This is not collateral damage from the...

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Why dozens of Chinese firms are joining the weight loss drugs fray

Sales of weight-loss drugs in the West have soared in recent years, driven by the approval of a new class of more effective medication, the rapid growth in obese populations owing to poor diet and lack of exercise, and endorsements by celebrities and social media influencers. In China, over 60 late-stage drugs are undergoing clinical trials. In the coming years, these may compete with the products of incumbents such as Denmark’s Novo Nordisk and US-based Eli Lilly, Boston-based global...

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Hong Kong stocks rebound as investors await details on policy support from Beijing

Hong Kong stocks rebounded on Thursday as investors awaited signals on additional policy support from Beijing as the end of the 90-day tariff ceasefire with the US neared and after China’s deflation deepened. The Hang Seng Index rose 0.6 per cent to 24,028.37 at the close and the Hang Seng Tech Index dropped 0.3 per cent. On the mainland, the CSI 300 Index and the Shanghai Composite Index both climbed 0.5 per cent. Sunny Optical Technology advanced 6.1 per cent to HK$75.45 and BYD Electronic...

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China’s CXMT eyes IPO amid global memory-chip market upswing

CXMT, the parent of Chinese semiconductor firm ChangXin Memory Technologies, has initiated its initial public offering (IPO) process on the mainland, as it seeks funding to bolster growth amid an upswing in the global market for memory chips. CXMT has completed IPO counselling recordation – the formal filing of pre-listing guidance – with the China Securities Regulatory Commission (CSRC), according to a statement on the securities watchdog’s website on Monday. The step is a prerequisite for...

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Bitcoin rises to fresh record above $112,000, helped by Nvidia-led tech rally

Bitcoin hit a fresh record on Wednesday afternoon as an Nvidia-led rally in equities helped lift the crypto's price into the stock market close.

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Nvidia briefly touched $4 trillion market cap for first time

Nvidia topped a $4 trillion market cap for the first time as investors bet on the tech giant that's building the hardware for the generative AI boom.

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Linda Yaccarino departs as boss of Musk's X

Her exit comes at a difficult time for Musk who, in a brief reply, thanked her for her "contributions."

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Perplexity launches AI-powered web browser for select group of subscribers

Perplexity AI launched a new artificial intelligence-powered web browser called Comet

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Linda Yaccarino steps down as CEO of Elon Musk's X

Yaccarino's departure comes one day after Musk's artificial intelligence chatbot Grok repeatedly made antisemitic comments.

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Retailers log $7.9 billion in online sales in first 24 hours of Prime Day

Amazon is hosting its longest-running Prime Day sales event this year, while other retailers have responded with competing sales.

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Photos show Altman, Iger and Cook arrive at 'summer camp for billionaires' in Sun Valley

Apple CEO Tim Cook, Walmart CEO Doug McMillon, Disney CEO Bob Iger and OpenAI CEO Sam Altman were pictured entering the lodge.

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Nvidia becomes world's first $4tn company

Shares in the chip-maker have surged in value as investment in AI continues to gather pace.

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BNY Mellon will have custody of Ripple's new stablecoin as institutional interest in crypto swells

BNY Mellon will be the primary custodian for the Ripple's U.S. dollar-pegged stablecoin reserves going forward, the two companies jointly announced Wednesday.

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Samsung launches three new foldable smartphones as it fends off Chinese rivals

Samsung on Wednesday launched three new folding smartphones in total, including two thinner top-end devices and a cheaper version of its flip phone.

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JD.com’s US$1.4 billion plan heats up delivery battle with Meituan, Alibaba

JD.com has pledged more than 10 billion yuan (US$1.4 billion) under its ambitious “Double Hundred Plan” to support so-called benchmark brands across various categories, further heating up China’s on-demand delivery sector, as industry-wide daily orders reached a new high of more than 200 million. The Beijing-based e-commerce giant’s latest initiative seeks to elevate sales of select brands beyond one million items on its platform via measures that include increased traffic, marketing incentives...

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Chinese EV maker Zeekr plugs in to hybrids to tap into soaring sales

Zeekr, a premium electric vehicle (EV) unit of Geely Auto, has jumped on the hybrid technology bandwagon to widen its customer base amid rising competition in the world’s largest automotive market. The Hangzhou-based company has become the latest mainland Chinese EV assembler to launch plug-in hybrids, leaving Shanghai-headquartered Nio as the only domestic company making pure EVs. US carmaker Tesla, which produces cars on the mainland, is another maker of pure EVs. “Nearly all Chinese carmakers...

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Chinese start-up Manus AI relocates to Singapore amid US chip curbs

The team behind Chinese general-purpose artificial intelligence (AI) agent Manus has relocated its headquarters to Singapore, stoking speculation that the move was aimed at facilitating easier access to Nvidia chips amid US export controls to China. “This company right now is headquartered in Singapore,” Manus AI co-founder and chief product officer Zhang Tao revealed during a keynote session at the SuperAI conference in Singapore on June 18. He added that the firm also had offices in Tokyo and...

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Teachers urge parents not to buy children smartphones

Teachers fear some children use smartphones for eight hours a day and overnight.

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‘EV moment’ for humanoid robots may be 5 years away, UBS says

Humanoid robots are unlikely to deliver significant productivity gains or be disruptive to household routines within the next five years, due to major barriers in artificial intelligence (AI), data collection and inadequate regulatory frameworks, according to UBS. “The ‘EV moment’ [for humanoid robotics] may not happen within five years,” Phyllis Wang, China industrials analyst at UBS Securities, said at a briefing on Monday. Wang defined an “EV moment” as the pivotal breakthrough when...

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Hong Kong stocks fall on worries about China’s deflationary pressure

Hong Kong stocks fell by the most in nearly three weeks as China’s deflationary trend became more entrenched, deepening concerns about the nation’s growth prospects. At the close on Wednesday, the Hang Seng Index dropped 1.1 per cent to 23,892.32, its most substantial loss since June 19, while the Hang Seng Tech Index retreated 1.8 per cent. On the mainland, the CSI 300 Index slipped 0.2 per cent and the Shanghai Composite Index lost 0.1 per cent. Henderson Land Development slumped 8.6 per cent...

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Apple supplier Lens, 4 other stocks gain in busiest day for new listings in 2025

Hong Kong’s stock exchange had its busiest day of the year for new listings on Wednesday as five mainland Chinese companies made their trading debuts, cementing the city’s top global ranking for initial public offerings (IPOs). Semiconductor chip designer Fortior Technology was the biggest winner after its shares surged 16 per cent to HK$139.80. The Shanghai-listed company raised HK$2.26 billion (US$287.8 million) from its offering of new shares at HK$120.50 each. Apple supplier Lens Technology...

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Instagram wrongly accuses some users of breaching child sex abuse rules

It was "horrible", "stressful" and "isolating" those affected tell BBC News.

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China spins up offshore wind energy as Beijing promotes marine economy

China has ramped up offshore wind energy development, as the form of renewable energy aligns with Beijing’s goals of carbon neutrality, energy security and developing the marine economy to boost economic growth. China added more than 4.4 gigawatts (GW) of offshore wind capacity in the first six months of the year, the same amount it added in all of 2024, according to a report by the non-profit Global Energy Monitor (GEM) on Wednesday. The report said the country was expected to add at least 9GW...

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Esports World Cup: The contest teams can't afford to miss

The controversial competition returns for a second year - and competitors say its vital for them to be involved.

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Alibaba expert envisions AI agents transforming daily life in 5 years

Digital colleagues will be a part of everyday life in the next five years, according to an artificial intelligence (AI) expert from Alibaba Group Holding’s cloud computing unit, who envisions an ecosystem of application developers creating AI agents to cater to consumer and business demands. “Agentic AI is very popular in the industry right now,” said Huang Fei, vice-president of Alibaba Cloud and head of the company’s Tongyi Natural Language Processing Lab. Speaking at the China Conference 2025...

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Emergency alert to be sent to smartphones in UK test

A test message will be sent to smartphones on 7 September, after a previous test revealed technical issues.

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Hong Kong’s financial centre status gives it an edge in AI market, experts say

Hong Kong’s status as an international financial centre gives it an edge in artificial intelligence (AI) development in spite of rising geopolitical tensions, according to experts, as the city boosts computing power resources to support companies involved in the vital technology. “For AI companies, having easy access to capital is extremely important,” SenseTime chief financial officer Wang Zheng said in a panel discussion at the South China Morning Post’s China Conference 2025 on Tuesday. “Hong...

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AI can enhance learning rather than threaten it

Writer Ernest Hemingway is believed to have said that the first draft of anything is bad. The first step to writing is often being brave enough to write badly. But in today’s world of generative artificial intelligence (AI), the manuscript often writes itself without fear or reluctance. With the advent of generative AI tools, such as ChatGPT and DeepSeek, academia stands at a historic crossroads. The way we read, write and think is changing in major ways, from junior to graduate school and...

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Meta’s AI lab scoops up two more Chinese experts from Apple, OpenAI

Facebook parent Meta Platforms is adding another Chinese artificial intelligence (AI) expert to its newly established research facility, underscoring how researchers from China are increasingly sought after in the competitive global race for top tech talent. The social media giant has recruited Pang Ruoming, who held the title of distinguished software engineer at Apple and was leading its foundation models team, according to a Bloomberg News report on Tuesday that was confirmed by Meta. Neither...

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ByteDance denies accepting Oracle deal ahead of deadline for TikTok sale

TikTok owner ByteDance has denied a recent report that it agreed to sell its US operations to a consortium led by Oracle, according to multiple Chinese media. On Monday, Chinese media GeekPark published an article saying that the Beijing-based social media giant had given the nod for a sale to a group led by Oracle, in which it would maintain a minority stake. The article has since been removed. Meanwhile, the company is reportedly working on new versions of the popular short video app, as well...

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Why East Asian integration could be the solution to US tariff threats

Just ahead of the July 9 deadline to reach an agreement on tariffs, US President Donald Trump announced his decision on the tariffs levels for 14 countries – including a rate of 25 per cent on Japan and South Korea – effective August 1. Trump accused Japan of not buying enough rice and cars from the US. It’s worth noting that the American car industry is simply not competitive in Japan. Germany, Japan and China are the top three auto exporters. Those countries, along with South Korea, have...

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Hong Kong leaders say city is good place for investors to seek stability

Hong Kong is an ideal place for investors to seek stability and move resources away from riskier parts of the world, according to Alpha Lau Hai-suen, the director general of InvestHK. Speaking at the South China Morning Post’s China Conference on Tuesday, Lau said that since the Covid-19 pandemic, Hong Kong’s investment flows have not returned to previous levels due to global trade and tariff challenges. InvestHK is a government agency tasked with promoting the city overseas. “Despite all that,...

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A third of chip supply threatened by climate change by 2035: PwC

Climate change could disrupt a third of the world’s semiconductor supply by 2035, as severe drought threatens the mining of copper – a critical material used in chip production – according to a new report from PwC released on Tuesday. The extraction of copper, essential for building the microscopic wires found on semiconductor circuits, requires substantial water resources. About 1,600 litres (423 gallons) of water were needed to obtain just 19kg of copper, the report said, citing data from the...

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Eric Trump to headline Bitcoin Asia 2025 conference in Hong Kong

Eric Trump, the second-born son of US President Donald Trump, will attend next month’s Bitcoin Asia 2025 conference in Hong Kong as a headline speaker, as the city strives to position itself as a leading hub for digital assets, competing with the US. Trump would discuss bitcoin’s “long-term potential” and its impact on global finance, as well as “how Asia is shaping the future of bitcoin adoption,” said BTC Inc, the conference organiser, on Tuesday. Bitcoin Asia, the regional edition of the...

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Hong Kong stocks snap 3-day decline on optimism about US trade deals

Hong Kong stocks rose on Tuesday, arresting a three-day decline, on optimism that the US will sweeten its tariff deals with key trading partners after the Trump administration postponed the effective date of new levies on 14 countries. The Hang Seng Index climbed 1.1 per cent to 24,148.07 at the close, snapping a three-day, 1.4 per cent decline, while the Hang Seng Tech Index gained 1.8 per cent. On the mainland, the CSI 300 Index rose 0.8 per cent and the Shanghai Composite Index added 0.7 per...

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Chinese power bank maker suspends production after recall, aviation ban

One of China’s biggest portable power bank makers has suspended production for at least six months and closed its stores on major Chinese e-commerce platforms after a massive recall of its products and the decision by the country’s civil aviation authority to ban unlicensed power banks on flights. Shenzhen-based Romoss Technology, which sells its products in dozens of countries around the world, notified its employees that the company would suspend operations for six months starting on Monday,...

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Can Xiaomi disrupt the home appliance market like it did with EVs?

When Chinese smartphone maker Xiaomi launched its first electric vehicle (EV) in March 2024, few believed it could rival industry leaders like Tesla, BYD, Xpeng and Li Auto. After a surprisingly strong debut and with the company’s EV segment poised to break even this year, however, the Beijing-based firm is now embarking on an ambitious push into another sector to challenge established competitors: the home appliances market. Partly fuelled by Beijing’s aggressive subsidies to boost consumption,...

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Why little Lithuania has big plans for space tech

Lithuania has a promising space tech sector, but it wants more government support.

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China could embrace universal basic income as AI takes jobs

It may seem far-fetched to suggest that China should consider implementing a universal basic income at this time, as authorities appear to be unenthusiastic about the idea. In the past, Chinese officials have rejected proposals to distribute cash to households, even when many families were clearly in need of support. But while the term universal basic income has yet to appear in any official Chinese policy documents, it may become less foreign in the coming years because of the increasing...

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‘Historic opportunity’: why China is betting on a poor province in trade war

The 2025 trade war launched by the United States is shaping up to become a watershed moment for Chinese policymakers. While the country’s economic resilience and role at the centre of global supply chains helped secure a 90-day truce with Washington, Beijing is digging deep to fight a protracted conflict. The forthcoming Five-Year Plan – China’s signature development blueprint – is expected to fortify the domestic economy in the pursuit of global leadership. Provincial leaders are seizing...

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Why don't we trust technology in sport?

Technology editor Zoe Kleinman explores the tensions between humans and machines that were encapsulated at Wimbledon.

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Xbox producer tells staff to use AI to ease job loss pain

An Xbox producer faces a backlash after suggesting AI tools can help to deal wih the emotions that follow job loss.

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Taobao’s daily orders soar as China’s instant e-commerce war heats up

Alibaba Group Holding is seeing a rapid acceleration in the volume of on-demand delivery transactions, the latest sign of growing rivalry with Meituan and JD.com in China’s instant e-commerce market. Combined daily orders on Taobao Instant Commerce – the company’s latest push into on-demand delivery – and food delivery app Ele.me, reached 80 million, Taobao said on its official WeChat account on Monday. Daily active users on Taobao Instant Commerce surpassed 200 million. Alibaba owns the South...

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Apple hits back against 'unprecedented' €500m EU fine

The company has appealed against the fine handed down earlier this year over alleged anti-competitive behaviour.

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Chinese start-up Mirror Me’s robot dog outpaces Boston Dynamics’ WildCat

Mirror Me, a Chinese start-up, has developed one of the world’s fastest four-legged robots, outperforming those made by market leader Boston Dynamics in some tests. During a live telecast on state-owned China Central Television on Sunday, the one-year-old company’s robot dog – Black Panther II – completed a distance of 100 metres in 13.17 seconds at an athletics track in Wuhan, the capital of central Hubei province. Jin Yongbin, a co-founder of Mirror Me, said in an emailed statement to the Post...

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Huawei defends AI models as home-grown after whistle-blowers raise red flags

The Huawei Technologies’ lab in charge of large language models (LLMs) has defended its latest open-source Pro MoE model as indigenous, denying allegations that it was developed through incremental training of third-party models. The Shenzhen-based telecoms equipment giant, considered the poster child for China’s resilience against US tech sanctions, is fighting to maintain its relevance in the LLM field, as open-source models developed by the likes of DeepSeek and Alibaba Group Holding gain...

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Meituan captures record orders as e-commerce war fuels demand for delivery

Meituan said daily transaction volume on its dominant on-demand delivery reached an all-time high since its inception in 2010, briefly crashing its platform as online purchases surged amid a fresh round of price war among China’s e-commerce leaders. Daily orders of food and retail goods for its instant delivery service surpassed 120 million on Saturday, according to the company, with food orders accounting for 100 million or 83 per cent of them. Meituan’s delivery services suffered a technical...

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KFC, Pizza Hut operator Yum China adopts AI to spur efficiency, profitability

Yum China Holdings, the operator of KFC and Pizza Hut restaurants in mainland China, will further embrace artificial intelligence (AI) to improve operating efficiency and profitability and allow its store managers to focus on customer service. The firm, which introduced its Q-Smart AI-powered assistant in June, was expected to help reduce waste, improve quality and save labour costs, chief technology officer (CTO) Leila Zhang said in an interview. The AI-powered system could help with staff...

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Meet the Chinese start-up behind Google’s Android XR glasses

Xreal, the Chinese augmented reality start-up behind Google’s first Android XR-powered augmented reality (AR) glasses, is gearing up for the mass-market release of its lightweight eyewear as early as the first quarter of 2026, its co-founder said. Code-named Project Aura, the product was first announced at Google’s annual I/O developer conference in May. Rivalling offerings from Apple and Meta Platforms, Google adopted a strategy from its smartphone playbook: providing the operating system –...

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China’s smartphone shipments plunge 21.8% in May amid weak consumption

Smartphone shipments in China plunged 21.8 per cent year on year in May to 23.7 million units, the biggest decline this year, according to the latest data from a government-run research institute. Foreign brands, including Apple’s iPhone, saw shipments drop by 9.7 per cent in May from a year earlier, outperforming local brands. Domestic manufacturers, including Huawei Technologies and Xiaomi, saw their shipments fall a combined 24.2 per cent, according to data released on Friday by the China...

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Chinese robot maker Dobot’s humanoid cooks steak from 1,800km away using VR

A humanoid robot from the Chinese firm Shenzhen Dobot successfully cooked a steak – even sprinkling salt with its fingers – while being remotely controlled by an operator 1,800km away using a virtual reality (VR) headset. A video of the feat, published on Friday on the company’s official WeChat account, showcased its latest technology – which could eventually disrupt how humans perform housework, conduct surgeries, inspect nuclear plants and even explore outer space. The cooking was performed by...

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Tech Now

Ione Wells explores the search for Chile's stolen children.

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Minister tells Turing AI institute to focus on defence

Peter Kyle says the Alan Turing Institute should prioritise boosting the UK's AI capabilities.

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Hong Kong’s AI ambitions take shape with 90% of supercomputing capacity now in use

Hong Kong’s ambition to create an artificial intelligence (AI) ecosystem is bearing fruit, with more than 90 per cent of the city’s flagship supercomputing centre at Cyberport now in use, according to officials. The AI Supercomputing Centre, which began operations in December, is a cornerstone of the government’s strategy to foster a vibrant local AI ecosystem. Authorities have earmarked HK$3 billion (US$418.6 million) in subsidies to support AI model development and applications. Cyberport said...

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DeepSeek’s LinkedIn AI job listings show hunger for international Chinese talent

Chinese artificial intelligence (AI) start-up DeepSeek has posted a flurry of new job openings on the professional networking site LinkedIn over the past week, coinciding with Meta Platforms’ aggressive hiring blitz amid an intensifying global race for AI talent. The Hangzhou-based company listed 10 new positions online, including two internships focused on large language models. Other roles include deep learning researchers, core systems engineers, front-end developers and full-stack engineers,...

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France fines Shein US$47 million for ‘deceptive’ pricing amid EU scrutiny

The French government has fined online retailer Shein €40 million (US$47 million) for “deceptive marketing practices” and incomplete information about the environmental impact of its products. The penalty was announced just days after a European Union official said on Monday that he was “deeply concerned” about the millions of small parcels entering the region every day, many from Chinese-founded platforms like Shein and Temu. The fine by France’s Ministry of Economy followed investigations...

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Singapore’s crypto exchange crackdown seen benefiting Hong Kong

Hong Kong could benefit from Singapore’s recent move to oust unlicensed cryptocurrency companies, according to analysts, potentially leading to a significant injection of liquidity. On May 30, the Monetary Authority of Singapore instructed cryptocurrency firms incorporated in the city and offering services abroad to acquire a licence or leave the country. Singapore’s central bank subsequently set a June 30 deadline for crypto service providers in the city state to stop offering digital token...

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AI claims and a hoax spokesman: Viral band confuses the world of music

The Velvet Sundown has racked up hundreds of thousands of streams on Spotify - without anyone even being sure if it's real.

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Meta’s AI lab is stacked with Chinese talent, drawing attention back home

Meta Platforms’ announcement that several prominent Chinese names working in artificial intelligence (AI) would be joining the company has triggered an outpouring of admiration back home, as CEO Mark Zuckerberg races to fill his new Meta Superintelligence Labs (MSL) with top industry talent. Zuckerberg announced the formation of MSL in a memo on Monday, tasking it with developing Meta’s next-generation models, and emphasised the company’s vision of delivering “personal superintelligence”...

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Microsoft to cut up to 9,000 more jobs as it invests in AI

The US tech giant will axe 4% of its global workforce and plough money into artificial intelligence.

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'There is a problem': Facebook and Instagram users complain of account bans

After Meta said some Facebook Groups were wrongly suspended, users tell the BBC the impact it is having - and say it's a wider problem.

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Tesla deliveries fall for second quarter in a row

Elon Musk's controversial role in the Trump administration has been blamed for the collapse in sales.

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Millions of websites to get 'game-changing' AI bot blocker

Publishers including Condé Nast and Sky News have welcomed the new tech from internet infrastructure firm, Cloudflare.

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Tech firms face demands to stop illegal content going viral

UK regulator Ofcom is consulting on more safety measures for online platforms, such as preventing screen-records of children's livestreams.

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Watch: Humanoid robots stumble through football match in China

The robots kicked, scored and tumbled while competing at a tourmentant in Beijing.

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Trump says he has 'a group of very wealthy people' to buy TikTok

Trump says he thinks China's president will probably approve a sale to the unidentified group.

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Should we be letting flies eat our food waste?

In Lithuania and Australia, hungry fly larvae are used to process food waste into useful protein.

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'Made in the USA' reference disappears from Trump phone listing

Trump Mobile maintains the gold smartphone will be made in the US, despite the changed wording on its website.

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Pornhub to introduce 'government approved' age checks in UK

It is one of a number of porn sites which regulator Ofcom says will bring in tougher age verification for users.

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Meta admits wrongly suspending Facebook Groups but denies wider problem

Group administrators have reported receiving automated messages which incorrectly say they have violated the rules.

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Three network phone calls down but data still working

The phone operator said it was "aware of an issue affecting voice services" and apologised for disruption.

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Judge backs AI firm over use of copyrighted books

A US court has ruled Anthropic was not breaching copyright rules when it trained its AI model on books.

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'Fast tech' warning as demand for cheap gadgets heats up

A not-for-profit warns cheap, quickly disposed of gadgets could become the new "fast fashion".

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Tech Life

What are the advantages of creating a digital mirror of a city – or an entire island?

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US safety regulators contact Tesla over erratic robotaxis

Videos posted online appear to show the newly launched self-driving cars speeding and driving in the wrong lane.

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Google may be forced to link to rival search platforms in the UK

The Competition and Markets Authority says it wants to open up the UK search market.

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Supercell boss: 'We need to take bigger risks'

The boss of mobile gaming giant Supercell says the industry needs to take bigger risks to compete.

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First celestial image unveiled from revolutionary telescope

The telescope should detect killer asteroids and may even find the ninth planet in our solar system.

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Tesla robotaxi 'low-key' launch in Texas

Tesla hopes to rival firms already offering driverless ride-hailing in the US and around the world, such as Waymo, Zoox and Baidu.

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Grow a Garden: The surprise Roblox gaming hit

It's breaking records for online gaming - what's behind its growing appeal?

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BBC threatens AI firm with legal action over unauthorised content use

It is first time that the BBC has taken such action regarding alleged scraping of its content for AI.

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Tech giants unleash AI on weather forecasts: are they any good?

The biggest tech firms are using AI to forecast the weather but is that better than existing models?

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Tech Life

Illegal mining is a big problem in Ghana. Now tech is being used to combat it.

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Why Ukraine is one of the world's most digital countries

Despite the war, Ukraine has developed of the most advanced systems for digital government services.

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Tech Life

In China, electric cars accounted for almost half of all car sales last year.

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From festivals to weddings: Why drone shows are booming

Light shows involving hundreds and even thousands of drones are becoming big attractions.

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Tech Now

Ione Wells visits the Rubin Observatory in Chile's Atacama Desert.

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How airline fees have turned baggage into billions

The amount carriers now charge for luggage is raising the ire of politicians and consumer groups.

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Tech Life

Protecting your personal data when a company gets into financial difficulty.

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The British jet engine that failed in the 'Valley of Death'

Workers at Reaction Engines felt they were close to completing a revolutionary jet engine.

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US green energy firms brace for federal funding cuts

Billions of dollars of US federal funding for green energy projects hangs in the balance.

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Frugal tech: The start-ups working on cheap innovation

Indian start-ups are using local materials and innovative ideas to make useful and affordable products.

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Why we need 'revolutionary' cooling tech

Cooling systems that avoid the use of polluting refrigerants are being launched.

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The camera tech propelling shows like Adolescence

Whole TV shows shot in one long take are made possible by new lightweight cameras.

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The monthly AI or real quiz: May 2025

Challenge yourself with this edition of our monthly AI or real quiz and see if you can get top marks!

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How to avoid a puncture on the Moon

Giant tyre firms are testing tyres that can survive conditions on the Moon and Mars.

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Visit the Arctic vault holding back-ups of great works

An arctic vault holds digital back-ups of some of humanity's great works of art, history and technology.

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Who should you trust for a weather forecast?

Weather influencers can provide useful local information but are also accused of exaggerating conditions.

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Teen Innovator Soars to New Heights: Mehar Singh Breaks Guinness World Record with Lightning-Fast Drone Ascent

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How do graphic designers convert JPG to PDF (Portable Document Format)?

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Samsung Galaxy A55 vs Vivo V30 Pro: How the two affordable premium Android phones compare

Samsung Galaxy A55 offers 12GB RAM, 50MP camera, 25W charging at Rs 39,999. Vivo V30 Pro, Rs 41,999, features 12GB RAM, AMOLED display, MediaTek Dimensity 8200, 80W charging. V30 Pro has IP67, 256GB storage.

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iQoo Z9 Turbo new leak reveals key specifications: All the details

iQoo set to launch Z9 Turbo with 1.5K display, Snapdragon 8s Gen 3 chipset, 6000mAh battery, 144Hz refresh rate, 50MP dual camera, 80W fast charging at Rs 19,999.

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Samsung Galaxy A35 5G, Galaxy A55 5G price revealed

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Government issues warning for these Android smartphone and tablet users

The Indian CERT-In warns Android users of 'High' severity security flaws in multiple versions of the operating system, including vulnerabilities that could lead to obtaining sensitive information, gaining elevated privileges, executing arbitrary code, and causing denial of service conditions.

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You can now watch Ayodhya Ram Mandir morning Aarti live daily

Doordarshan will telecast live the Mangala, Shringaar, Rajbhog, Sandhya, and Shayan Aartis offered to the Ram Lalla idol at the Ayodhya Ram temple on DD National, connecting devotees who can't visit the temple.

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ChatGPT was down globally, here’s what the company has to say

ChatGPT experienced an outage, with 91% of users facing issues. OpenAI acknowledged the problem, and the service is now back online with performance back to normal. The TOI Tech team verified the restoration on the website and mobile app.

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Microsoft plans to take on iPhone and Android smartphones with this new device

Microsoft discontinues Surface Duo smartphones but files a patent for a new foldable device with a single hinge system called 'spine cover plate'. The design aims to eliminate the hinge crease and reduce the device's thickness while offering added benefits and durability. However, its practicality remains uncertain.

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Twitter bans over 5 lakh accounts in India, here's why

Elon Musk's X platform banned over 5 lakh Indian accounts for violating policies, including promoting terrorism and child sexual exploitation. Users should avoid violating policies to prevent account suspension.

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3 ways Google aims to support the 2024 Indian General Elections

Google supports the Indian General Election by providing easy access to voting information and countering misinformation. Initiatives include partnering with the Election Commission, prioritizing trusted content on YouTube, and implementing advertising policies for transparency. Measures against AI-generated content are also taken.

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This new AI tool can help you book train tickets, get refunds and check details on IRCTC website and app

Indian Railways' AI chatbot, AskDisha 2.0, powered by CoRover.AI, offers a range of services like booking tickets, refunds, checking PNR status, cancelling tickets, changing boarding station, checking booking history, and accessing e-tickets via text or voice commands in multiple languages.

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Chipmaker TSMC returns to the list of world's 10 most valuable companies: Here’s what led to its comeback

Taiwan Semiconductor Manufacturing Company (TSMC) has reclaimed a spot in the list of the world’s 10 most valuable companies, riding the optimism of the artificial intelligence (AI) boom. TSMC's stock rallied, elevating its market capitalisation to a record, making it higher than Broadcom. Analysts expect TSMC to further advance amid surging AI-related revenue and strong pricing power.

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Google Maps to get better with directions with future updates, here’s what’s changing

Google Maps is updating its Fused Orientation Provider (FOP) API to improve direction accuracy in busy areas. The update combines gyroscope, accelerometer, and magnetometer data, reducing magnetic interference and benefiting Google Maps and third-party apps on Android 5.0 or above.

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This popular YouTuber's account got hacked: What happened and tips to safeguard your account

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Elon Musk’s AI company will make Grok chatbot more accessible, here’s how

Elon Musk criticizes OpenAI's deviation from mission and advocates AI accessibility for all. Musk announces xAI open sourcing Grok chatbot. OpenAI CEO Altman takes a dig at Musk's chatbot. Musk, obviously didn't like the jab and replied with a long-ish message saying “GPT-4 is about as funny as a screendoor on a submarine.”

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Moto G54 receives a price cut in India: Here’s how much the smartphone costs

The Moto G54 budget smartphone, with two variants, has received a price cut. The 8GB version is priced at Rs 13,999, and the 12GB variant is selling at Rs 15,999. It features a 6.5-inch FHD+ display, 120Hz refresh rate, and a 50MP main sensor.

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How Apple’s Find My app ‘cost’ a US city millions of dollars

Denver city pays $3.76 million in damages due to a wrongful raid caused by Apple's Find My app. An elderly woman's home was mistakenly raided by the police while searching for a stolen truck loaded with guns, ammo, and cash, as reported by CNN. Ruby Johnson filed a lawsuit against Detective Gary Staab and Sgt. Gregory Buschy.

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Former Activision boss reportedly wants to buy TikTok

Bobby Kotick, former head of Activision Blizzard, may buy TikTok amid its potential US ban. A bill to sell TikTok is introduced, backed by President Biden. Kotick discussed acquisition with OpenAI head. Activision Blizzard faced a lawsuit. Concerns about data privacy and ties to China persist. TikTok urges American users to support it.

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Why Earth Sciences minister Rijiju is upset with this European IT company

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