AsiaConnect Team

Kakao Reports Strong Profit Growth Despite Declining Sales

Kakao, South Korea’s leading tech conglomerate, has reported a solid 5% increase in its operating profit for the most recent…

Saudi Arabia’s $100 Billion AI Initiative Poses a Challenge to UAE’s Tech Leadership

In a bold move to position itself as a global leader in artificial intelligence (AI), Saudi Arabia has unveiled plans…

Razer Gold Receives In-Principle Approval for Payment License in Singapore

Razer Gold, the gaming and esports payment platform under the global gaming lifestyle brand Razer, has received an in-principle approval…

AI Chip Startup Tenstorrent Signs US$50 Million Deal to Train 200 Japanese Engineers

Silicon Valley-based AI chip startup, Tenstorrent, is taking a significant step forward in its global expansion strategy by signing a…

AI Motion Insights Company Acquires Drvr to Enhance Road Safety, Integrating Teams, Leadership, and Clients from Bangkok-Based Company

In a strategic move to further solidify its presence in the road safety and AI-powered transportation space, a leading AI…

iPhone 17 to Feature Proprietary Wi-Fi and Bluetooth Chips

Apple Inc. has announced that the upcoming iPhone 17 will be equipped with its own proprietary Wi-Fi and Bluetooth chips,…

NUS Launches Center to Bridge Japan and Southeast Asia’s Tech Ecosystems

In a groundbreaking initiative, the National University of Singapore (NUS) has launched a new center designed to foster connections between…

Temu Faces Regulatory Scrutiny in Vietnam’s E-commerce Launch

Temu, the Boston-based e-commerce platform, has recently made headlines as it launched its services in Vietnam in early October 2023.…

Dropbox Announces 20% Workforce Reduction Amid AI Transition

In a bold move reflecting the ongoing transformation within the tech industry, Dropbox has announced plans to cut 20% of…

Apple Unveils New iMac Featuring Advanced AI Capabilities

Apple has officially launched its latest iMac model, showcasing a host of innovative features, including advanced artificial intelligence (AI) capabilities.…