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Samsung Said to Cut Thousands of Jobs Amid Struggles in AI Market
Samsung Electronics Co. is initiating layoffs across Southeast Asia, Australia, and New Zealand. These layoffs are expected to impact roughly 10 percent of the workforce in these regions, though the figures may differ for each subsidiary, sources told Bloomberg.
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North Korea Cyberattack On South Korean Chip Equipment Firms: Report
North Korea's hacking groups have broken into at least two South Korean manufacturers of chipmaking equipment, as the country looks to evade sanctions and turn out its own semiconductors for weapons programmes, South Korea's spy agency said on Monday
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Seoul Accuses North Korea Of Stealing Secret Data On New Laser Weapon: Report
The North Korean hacker group, known as Andariel, allegedly stole data from 14 entities after accessing a huge cache of data from defence and research firms in the South.
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Bitget to Strategically Infuse $10 Million into Promising Indian Crypto Startups
Bitget crypto trading platform has decided to infuse $10 million (roughly Rs. 83 crore) over the term of the next five years into startups. Crypto projects applying for this funding must be based in India and display a working minimal-viable product of a real use-case value.
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Samsung Galaxy Unpacked Highlights: Galaxy Z Fold 5, Z Flip 5, Tab S9 Series and Watch 6 Series Launched
Samsung Galaxy Unpacked is set to kick off at Seoul in South Korea in a few hours. The South Korean firm is expected to introduce the Galaxy Z Flip 5 and the Galaxy Z Fold 5, alongside the Galaxy Watch 6 series, and the Galaxy Tab S9 series of tablets at the event.
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EU Lobbies Asian Countries to Regulate AI Tech Firms, Said to Get Lukewarm Response
The European Union's efforts to lobby governments in Asia — including India, Japan, South Korea, Singapore, and the Philippines — to implement stringent rules to rein in and regulate AI technology firms are being met with a lukewarm response. The bloc wants its proposed AI Act to become a global benchmark for regulating AI, like its GDPR laws, ...
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Samsung Galaxy Unpacked Date Set for July 26, Company Teases Launch of Galaxy Z Flip 5
Samsung Galaxy Unpacked date has been confirmed by the company, a few weeks after the firm said it would take place in the last week of July. The South Korean conglomerate is expected to launch the Galaxy Z Fold 5, Galaxy Z Flip 5, Galaxy Tab S9 series, Galaxy Watch 6 series and the Galaxy Buds 3 TWS earphones at the event which is set to take plac...
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Samsung to Develop ChatGPT-Like Generative AI for Internal Use in Collaboration With Naver: Report
Samsung and Naver, two of South Korea's largest tech giants, are working on a ChatGPT-like generative AI tool that can rival OpenAI's ChatGPT chatbot. In addition to providing design for its chip business, Samsung is reportedly looking to prevent sensitive and proprietary information from being leaked through the use of an internal tool.
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South Korea, Colombia, US Experts To Help Plan Delhi's Mohalla Bus Service Scheme
Experts from South Korea, Colombia and the US will help the Delhi government to firm up its plans to launch the Mohalla Bus Service as announced in the budget for 2023-24.
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India Inc Upbeat On Acquisitions, Mergers In 2022; Cement, Retail Sectors Retain Focus
Reliance Retail has become India's biggest brick-and-mortar retailer with over 16,600 stores. It is ranked 56th amongst the top global retailers with $18 billion in revenues and is the world's second-fastest-growing retail company behind only South Korea's Coupang.
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China Plans to Ship 25 Million Virtual Reality Devices Worth CNY 350 Billion by 2026
China plans to ship over 25 million VR devices worth more than CNY 350 billion by 2026, according to the country's first action plan dedicated to virtual reality released on Tuesday. The country shipped just over half a million VR and AR devices in the first half of 2022, according to research firm IDC. China did not specify whether the 25 million ...
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Google Ordered by CCI to Allow Third-Party Payments, Adopt 8 Remedies in 3 Months
Google on Tuesday was directed by the Competition Commission of India (CCI) to allow third-party billing or payment processing services in India, as the watchdog fined the firm for the second time in October. The company was also asked to adopt 8 remedies or operations adjustments within three months, including not restricting "app developers from ...
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Meta, Google to Pay Crores in Fines Over Privacy Law Violations in South Korea: Details
Google and Facebook parent company Meta must pay fines of several billion South Korean won imposed by a South Korean privacy panel, after the firms reportedly failed to clearly inform users and obtain their consent to collect data on their interests for tailored advertisements based on their behaviour.
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Samsung Could Launch a Crypto Exchange in South Korea in 2023, Claims Report
In South Korea, major financial services and investment firms including Samsung Securities are preparing to jump into the crypto industry. A report from a local news outlet claims regulations in the country could be about to change following the election of Yun Seok-Yeol as President.
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Apple, Google Face South Korea Probe Over In-App Payment Violations
South Korea's telecommunications regulator Korea Communications Commissions (KCC) revealed that Google, Apple and One Store may have violated rules after an inspection that began on May 17, and that it would launch in investigation into these app store operators.
-
Samsung Said to Cut Thousands of Jobs Amid Struggles in AI Market
Samsung Electronics Co. is initiating layoffs across Southeast Asia, Australia, and New Zealand. These layoffs are expected to impact roughly 10 percent of the workforce in these regions, though the figures may differ for each subsidiary, sources told Bloomberg.
-
North Korea Cyberattack On South Korean Chip Equipment Firms: Report
North Korea's hacking groups have broken into at least two South Korean manufacturers of chipmaking equipment, as the country looks to evade sanctions and turn out its own semiconductors for weapons programmes, South Korea's spy agency said on Monday
-
Seoul Accuses North Korea Of Stealing Secret Data On New Laser Weapon: Report
The North Korean hacker group, known as Andariel, allegedly stole data from 14 entities after accessing a huge cache of data from defence and research firms in the South.
-
Bitget to Strategically Infuse $10 Million into Promising Indian Crypto Startups
Bitget crypto trading platform has decided to infuse $10 million (roughly Rs. 83 crore) over the term of the next five years into startups. Crypto projects applying for this funding must be based in India and display a working minimal-viable product of a real use-case value.
-
Samsung Galaxy Unpacked Highlights: Galaxy Z Fold 5, Z Flip 5, Tab S9 Series and Watch 6 Series Launched
Samsung Galaxy Unpacked is set to kick off at Seoul in South Korea in a few hours. The South Korean firm is expected to introduce the Galaxy Z Flip 5 and the Galaxy Z Fold 5, alongside the Galaxy Watch 6 series, and the Galaxy Tab S9 series of tablets at the event.
-
EU Lobbies Asian Countries to Regulate AI Tech Firms, Said to Get Lukewarm Response
The European Union's efforts to lobby governments in Asia — including India, Japan, South Korea, Singapore, and the Philippines — to implement stringent rules to rein in and regulate AI technology firms are being met with a lukewarm response. The bloc wants its proposed AI Act to become a global benchmark for regulating AI, like its GDPR laws, ...
-
Samsung Galaxy Unpacked Date Set for July 26, Company Teases Launch of Galaxy Z Flip 5
Samsung Galaxy Unpacked date has been confirmed by the company, a few weeks after the firm said it would take place in the last week of July. The South Korean conglomerate is expected to launch the Galaxy Z Fold 5, Galaxy Z Flip 5, Galaxy Tab S9 series, Galaxy Watch 6 series and the Galaxy Buds 3 TWS earphones at the event which is set to take plac...
-
Samsung to Develop ChatGPT-Like Generative AI for Internal Use in Collaboration With Naver: Report
Samsung and Naver, two of South Korea's largest tech giants, are working on a ChatGPT-like generative AI tool that can rival OpenAI's ChatGPT chatbot. In addition to providing design for its chip business, Samsung is reportedly looking to prevent sensitive and proprietary information from being leaked through the use of an internal tool.
-
South Korea, Colombia, US Experts To Help Plan Delhi's Mohalla Bus Service Scheme
Experts from South Korea, Colombia and the US will help the Delhi government to firm up its plans to launch the Mohalla Bus Service as announced in the budget for 2023-24.
-
India Inc Upbeat On Acquisitions, Mergers In 2022; Cement, Retail Sectors Retain Focus
Reliance Retail has become India's biggest brick-and-mortar retailer with over 16,600 stores. It is ranked 56th amongst the top global retailers with $18 billion in revenues and is the world's second-fastest-growing retail company behind only South Korea's Coupang.
-
China Plans to Ship 25 Million Virtual Reality Devices Worth CNY 350 Billion by 2026
China plans to ship over 25 million VR devices worth more than CNY 350 billion by 2026, according to the country's first action plan dedicated to virtual reality released on Tuesday. The country shipped just over half a million VR and AR devices in the first half of 2022, according to research firm IDC. China did not specify whether the 25 million ...
-
Google Ordered by CCI to Allow Third-Party Payments, Adopt 8 Remedies in 3 Months
Google on Tuesday was directed by the Competition Commission of India (CCI) to allow third-party billing or payment processing services in India, as the watchdog fined the firm for the second time in October. The company was also asked to adopt 8 remedies or operations adjustments within three months, including not restricting "app developers from ...
-
Meta, Google to Pay Crores in Fines Over Privacy Law Violations in South Korea: Details
Google and Facebook parent company Meta must pay fines of several billion South Korean won imposed by a South Korean privacy panel, after the firms reportedly failed to clearly inform users and obtain their consent to collect data on their interests for tailored advertisements based on their behaviour.
-
Samsung Could Launch a Crypto Exchange in South Korea in 2023, Claims Report
In South Korea, major financial services and investment firms including Samsung Securities are preparing to jump into the crypto industry. A report from a local news outlet claims regulations in the country could be about to change following the election of Yun Seok-Yeol as President.
-
Apple, Google Face South Korea Probe Over In-App Payment Violations
South Korea's telecommunications regulator Korea Communications Commissions (KCC) revealed that Google, Apple and One Store may have violated rules after an inspection that began on May 17, and that it would launch in investigation into these app store operators.
