AsiaConnect Team

Quanta Boosts AI Server Investment by 40% as Demand Surges: AI Servers Now Drive 70% of Revenue

Taiwanese technology giant Quanta Computer Inc. has announced a significant 40% increase in AI server spending, signaling its strong commitment…

Chinese EV Maker Neta Faces Debt Crisis and Bankruptcy Review Amid Plunging Sales

Once hailed as a rising star in China’s booming electric vehicle (EV) sector, Neta Auto now finds itself in a…

Apple May Raise iPhone Prices This Fall: Ultra-Thin iPhone Also Expected in 2025

Apple is reportedly planning a price increase for its iPhone lineup later this year, possibly between September and December 2025.…

Abu Dhabi and Mizuho Forge Strategic Partnership to Simplify Japan Investment Landscape

In a move that is set to strengthen economic ties between the Middle East and Asia, Abu Dhabi and Japanese…

U.S. Government Concludes Investigation into Scale AI’s Wage Practices

The U.S. government has completed its investigation into Scale AI’s wage practices. Learn what this means for the data labeling…

Alibaba CEO Wu Yongming Calls for a Return to Core Values in AI-Driven Era

In a significant internal address, Alibaba Group CEO Wu Yongming urged employees to refocus on the company’s core values of…

Bumble Faces Headwinds: Q2 Revenue Forecast Misses Expectations as Paying Users Decline

Bumble Inc., one of the world’s leading online dating platforms, is facing renewed challenges as it heads into the second…

Vietnam’s F88 Eyes Local Listing as It Expands Financial Services for the Underserved

F88, one of Vietnam’s leading financial service providers, is preparing for a significant milestone: a public listing in its home…

Grab Appoints Alejandro Osorio as New Managing Director for Singapore; Vietnam Leadership to be Handed Over to Ma Tuan Trong

Southeast Asia’s leading superapp, Grab, has announced a key leadership reshuffle, appointing Alejandro Osorio as the new Managing Director for…

Apple and Anthropic Join Forces on AI Coding Platform, Signaling a Strategic Shift

In a surprising move that marks a departure from its traditional in-house development strategy, Apple has partnered with AI research…