AsiaConnect Team

Microsoft, Meta defend AI spending amid DeepSeek disruption

In an era where artificial intelligence (AI) is transforming industries, two tech giants, Microsoft and Meta, are making substantial investments…

Arizona Passes Landmark Bill Allowing Public Funds to Invest in Bitcoin

In a groundbreaking move, Arizona has passed the first-ever U.S. bill permitting public funds to be invested in virtual currencies,…

Mitsubishi Motors Opts Out of Honda-Nissan Merger, Prefers Strategic Partnerships

In a surprising development within the automotive industry, Mitsubishi Motors has announced that it will not be participating in the…

Tesla’s New Low-Cost EV Expected to Drive 30% Growth in 2025

Tesla, the world’s leading electric vehicle (EV) manufacturer, is poised to launch a new low-cost EV that is expected to…

New York Fines PayPal $2M for Cybersecurity Failures

Cybersecurity Lapses Lead to Significant Fine for PayPalPayPal, one of the world’s leading online payment platforms, has been hit with…

MrBeast Denies Involvement in TikTok Acquisition After Speculation Sparked by X Post

In a surprising twist, Jimmy Donaldson, better known as MrBeast, has denied claims that he was involved in any efforts…

South Korea to Build $1.7 Billion AI Center by 2027

South Korea is set to invest $1.7 billion in the development of a state-of-the-art Artificial Intelligence (AI) center, which is…

Instagram Introduces New Safety Features for Teens in Singapore, Including ‘Sleep Mode’ to Mute Notifications at Night

Instagram has rolled out a new set of safety features aimed at enhancing the well-being of teens in Singapore. These…

KKR Hires Goldman Sachs to Sell Stake in PH Fintech Maya

Private equity firm KKR has reportedly hired Goldman Sachs to help sell its stake in Philippine fintech company Maya, according…

American EV Startup Canoo Files for Bankruptcy, Ceases Operations

Canoo, an American electric vehicle (EV) startup, has filed for bankruptcy and officially ceased its operations. The company, which once…