Alipay, launched 20 years ago by Alibaba Group, has proved to be a revolutionary product that changed the way Chinese people make payments.
Lithium prices are just one-ninth of the peak in 2022, allowing EV makers to win over new buyers in mainland China.
The lower cost would help developers focus on creating ‘more super interesting and useful’ AI applications, Baidu CEO Robin Li says.
The changes for two executives follow a departure last month, as ByteDance seeks to safeguard business in its flagship app’s largest market.
Several founders of hot startups took big payouts and let Mark Zuckerberg gobble up their companies—and came to regret it.
Still plans to invest $75B in CapEx this year as unable to meet capacity demand Google says the mega capital splurge on datacenters in recent years is putting more strain on its balance sheet due to rising depreciation costs, yet it still plans to splash $75 billion on bit barns in 2025.…
China has waived its retaliatory 125 per cent tariffs on certain semiconductor imports from the US, according to a Caijing report.
Alphabet CEO Sundar Pichai (pictured) credited the company’s full stack approach to AI for underpinning its growth during a strong Q1, as it saw gains across its major business units. The post AI bets underpin strong Q1 for Alphabet appeared first on Mobile World Live.
Lenovo-owned Motorola launched the latest version of its flip-style foldable carrying the Razr branding, alongside a series of other smartphones, earbuds and a watch, with the new batch of devices promoted as benefitting from upgraded AI features. The post Moto sharpens Razr in latest range appeared first on Mobile World Live.
Hello, operator? Book me to Memphis, Tennessee Interview For all the talk of the "agentic era" from AI vendors like OpenAI, Google, Anthropic, Microsoft, and just about everyone else in the space, corporate use of the technology is still tentative. Virgin Atlantic has been conducting flight tests of its website with an AI agent called Operator, and early results are promising, pointing the way toward how agents might actually be used to help customers book flights.…
The job cuts affected staff focused on creating VR experiences for Meta’s Quest headsets, and those working on hardware.
UK org backing it promises 'legal certainty' for devs, money for creators... but is it too late? Updated A UK non-profit is planning to introduce a new licensing model which will allow developers of large language models to use copyrighted training data while paying the publishers it represents.…
With large screens and high-quality audio systems, Chinese cars are ready to run infotainment software Russian drivers favour, vendor says.
Successful qualification run for P160C solid-fuel motor in South American spaceport A qualification version of the P160C solid-fuel motor was successfully tested at the European Spaceport in French Guiana on April 24, paving the way for heftier payloads on the Ariane 6 and Vega rockets.…
A worsening economic outlook and tariffs between the US and China have prompted customers to fall back on cheaper, older processors.
Ant Group introduced 'Plan A' during the ICLR conference to attract top AI researchers globally.
Taxpayers foot bill to get to new platform as Fujitsu package balloons to £2.44 billion The UK's Post Office would have to cope with suboptimal IT, increased risks and costs, and reduced reporting accuracy if it didn't receive £136 million ($180 million) in government aid to keep its disastrous Horizon system running and replace it with a more modern platform.…
Himalaya's subsidiary recently raised capital eightfold, sparking speculation about a potential buyout.
CNN: Temu and Shein raise prices ahead of de minimis tariff exemption expiring on May 2 and urged customers to make purchases prior to April 25 to avoid 120% tariffs — New York CNN — — “Cheap goods” sold on Temu and Shein aren't as cheap as they were 24 hours ago.
Alipay Tap! has reached 100 million users in just 11 months since its launch in June 2024.
Microavia's first drone, MacroYunxiong, weighs 1.5 tons and can carry up to 500 kilograms.
Big Tech firms have continued to defend their aggressive AI investments, saying these were necessary to remain competitive.
Carmen Arroyo / Bloomberg: Docs: X's data licensing and subscriptions revenue grew 32% YoY to $91M in February, ad revenue grew 4% YoY to $146M; Twitter had $4.5B in ad revenue in 2021 — Elon Musk's X Holdings Corp. is evolving from a social media platform powered by mainstream advertisers to one betting …
Trump’s tariffs are squeezing Indonesia’s local industries, while GCash parent Globe names a new CEO. Catch these stories in today’s newsletter.
Third-party data supplier also in hot water with Brit regulator over consent issues Britain's data privacy watchdog has slapped a fine of £90k ($120k) on a business that targeted people with intrusive marketing phone calls, despite them being registered with the official "Do Not Call" opt-out service.…
MTN Group suffered what it described as a cybersecurity incident which led to unauthorised access to some customers’ personal information, though stated its critical infrastructure was not compromised. The post MTN hit by cybersecurity incident appeared first on Mobile World Live.
The decision-making body aims to stabilize employment and enhance economic resilience amid ongoing trade tensions with the US
Leo Schwartz / Fortune: Nous, which plans to launch an AI training system on Solana using people's idle computing power, raised a $50M Series A, a source says at a $1B token valuation — Training AI models requires a massive amount of computing power. — The crypto industry has been fighting to get a piece …
AI models developed by Chinese tech companies, including DeepSeek and Big Tech firms, have emerged as popular choices for carmakers.
Which investors are writing the most checks to Korea-based startups?
Negotiations cover 19 categories, including ecommerce, agricultural goods, and critical minerals.
Mobile World Live brings you our top three picks of the week as US operators Verizon and AT&T addressed tariff tensions, Ericsson planned to expand its production in India to support local 5G rollouts, and OpenAI set its sights on a Chrome acquisition. The post The Friday File: Telcos talk tariffs; Ericsson dials up India push appeared first on Mobile World Live.
Apple accelerated its pullback from China following a round of tariff hikes by the US, with the iPhone maker planning to assemble all smartphones for the US market in India by end-2026, the Financial Times reported. The post Apple spurns China, will double India iPhone output appeared first on Mobile World Live.
Samsung SDI supplies batteries to major automakers like BMW, Rivian, and General Motors.
Bloomberg: Sources: Tencent Music is in advanced talks to buy Chinese podcasting startup Ximalaya in a $2.4B deal — An agreement could be reached as soon as the coming weeks, the people said. — Talks are ongoing and no final decisions have been made, the people said.
Meta laid off an undetermined number of employees from its Reality Labs division, with the culls coming across teams working in its Oculus Studios game unit and for the Supernatural VR exercise app. The post Meta cuts jobs from Reality Labs division appeared first on Mobile World Live.
T-Mobile US CEO Mike Sievert dropped several bits of news during the company’s Q1 earnings call, which included the nationwide launch of its 5G-Advanced network. The post T-Mobile US pushes 5G-Advanced nationwide, prices Starlink service appeared first on Mobile World Live.
Fujitsu plans to spin off its network products unit, covering photonics and mobile systems, into a wholly owned subsidiary called 1Finity to streamline operations. The post Fujitsu to spin off network unit into subsidiary appeared first on Mobile World Live.
AT&T teamed with Helium Network to offer decentralised high-speed data to its mobile subscribers using the latter’s user-enabled hotspots. The post AT&T boosts connectivity with Helium hotspot deal appeared first on Mobile World Live.
Trade Minister Tengku Zafrul Aziz’s visit to Washington this week.
Eleanor Olcott / Financial Times: Baidu CEO Robin Li says demand for text-based models like DeepSeek's is “shrinking” and claims its model had a higher propensity for “hallucinations” — Search group's chief makes rare criticism of China's generative artificial intelligence darling
Volts make jolts On Call By the time Friday morning rolls around, starting the day with a stimulating beverage feels like a fine idea. And so does delivering a freshly brewed installment of On Call, The Register's reader-contributed column in which you share tales of tech support triumph and torture.…
The capital injection involves multiple subsidiaries, including ABC, BUI, and BUK.
The revenue growth was driven by strong performance in its ecommerce and search divisions.
Director of the IMF’s Asia and Pacific Department said that the region’s inflation levels are within or below target ranges.
Indonesia aims to boost U.S. imports by up to $19 billion, including wheat and crude oil.
South Korea is facing a 25% reciprocal tariff and is one of the first countries to negotiate with the US, after Japan.
We've compiled a list of investors that are pouring money into Southeast Asia’s health startups.
Chinese authorities blocked a supplier from exporting key equipment to India earlier this year.
Incoming CEO Stephen Dacus indicated that the tariffs are likely to affect consumer behavior.