AsiaConnect Team

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…

Malaysia’s Ambitious Plan to Lead in Digital Finance: PM’s Vision for Cryptocurrency and Digital Assets

In a move that underscores Malaysia’s ambitions to become a global leader in digital finance, the Malaysian government, led by…

German Robotics Startup Raises $120 Million for AI-Powered Humanoid Robots

In a groundbreaking development, a German robotics startup has successfully raised $120 million in funding to further advance its innovative…

Macquarie Group Invests $5 Billion in AI Data Centers to Fuel Growth in AI Infrastructure

In a significant move to support the booming demand for artificial intelligence (AI) infrastructure, Australian financial giant Macquarie Group has…