Yoolim Lee
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Reviled South Korean President Still Likely To Survive Impeachment
The conservative party of embattled South Korean President Yoon Suk Yeol faces a quandary: How do members distance themselves from an unpopular leader without handing a big win to their political opponents.
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Samsung Rises After Signalling Progress With Nvidia on AI Memory
Samsung Electronics has announced advancements in delivering its cutting-edge AI memory chips to Nvidia providing a measure of confidence to investors concerned about Samsung potentially lagging behind SK Hynix in the fiercely competitive market. The South Korean tech conglomerate has faced challenges in obtaining certification from Nvidia for its ...
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Cost Of Sleeping On AI: Samsung Loses 1/3rd Of Its Value In 4 Months
Just a few months ago, Samsung looked primed to benefit from the global AI boom. Now, it has become a stark example of how quickly fortunes can turn in an industry where the spoils go to those who maintain a technological edge.
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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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Samsung Galaxy S24 Series to Feature Baidu's Ernie AI Chatbot in China
Samsung Electronics will feature Baidu’s Ernie Bot as a key attraction of its new Galaxy S24 smartphone series in China. Baidu’s artificial intelligence tools will help with text summarization, organization and translation, Baidu said in a statement.
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TikTok's Livestreamed Marketplace Emerges as Threat to Amazon, Expected to Hit $20 Billion in Value
TikTok Shop is a livestreamed marketplace within TikTok, and a gold rush for entrepreneurs seeking fortunes on the world’s most popular short-video app. For the company, best known for viral dance challenges and owned by China’s ByteDance, TikTok Shop is its fastest-growing feature with a burgeoning fan base in Southeast Asia.
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How Asia's Hottest New App Was Sunk By Secret China Connections
For a short stretch early this year, Bondee seemed on track to be the next hot app in some of the biggest markets in Asia. Millions of young people were drawn to the idea of creating cute avatars.
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Twitter Orders Workers In Asia Headquarters To Clear Desks, WFH
Workers at Twitter Inc.'s Singapore office were told to empty out their desks and vacate the premises, said people familiar with the situation, as Elon Musk continues to pare expenses around the globe.
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Unicorns Become "Cockroaches" As Tech Funding Dries Up
For years, becoming a unicorn was the main goal of startups. Now, with venture funding drying up and many young firms' survival in doubt, another creature is the talk of the town: the cockroach.
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How 30-Year-Old Celeb CEO's Rule Of Fear Led To A Hot Start-Up's Meltdown
At first glance, the implosion of vaunted fashion startup Zilingo Pte looked jarringly sudden. The Singapore tech darling suspended its 30-year-old chief executive officer Ankiti Bose over complaints about alleged financial irregularities in March.
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Sacked Indian-Origin CEO Responds To Questions of Mystery Payments
Ankiti Bose, who was fired last week as chief executive officer of the Singapore startup Zilingo Pte, says she'll keep fighting to clear her name.
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Harvard Grads Opened The Door To World's Biggest SPAC Deal
A few years after launching Grab Holdings Inc. in 2012, Anthony Tan got a piece of advice from Jack Ma. The co-founder of Alibaba Group Holding Ltd. told the entrepreneur that life is a tsunami. When you're up on the wave, get ready for the crash, he
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This Relentless Dealmaker Broke Into Silicon Valley's Bros Club
To call Koh Soo Boon an early mover in venture capital is a bit of an understatement. When she began her career in 1988, International Business Machines Corp. was the dominant force in technology. Apple Inc., without Steve Jobs, was struggling to develop its first portable computer. Mark Zuckerberg hadn't started kindergarten.
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Bill Gates Praises India: "Country To Study Now, Other Than China..."
Tech pioneer Bill Gates praised India's policies for financial innovation and inclusion, saying his philanthropic foundation is working with other countries to roll out open-source technologies modeled on the country's implementation.
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World's Hottest Stock, Up By 880%, Is A Money-Losing Tech Giant
Swelling optimism that loss-making Sea may one day become both the Tencent and Alibaba of Southeast Asia has boosted its New York-listed shares by more than 880 per cent in the past 18 months.
-
Reviled South Korean President Still Likely To Survive Impeachment
The conservative party of embattled South Korean President Yoon Suk Yeol faces a quandary: How do members distance themselves from an unpopular leader without handing a big win to their political opponents.
-
Samsung Rises After Signalling Progress With Nvidia on AI Memory
Samsung Electronics has announced advancements in delivering its cutting-edge AI memory chips to Nvidia providing a measure of confidence to investors concerned about Samsung potentially lagging behind SK Hynix in the fiercely competitive market. The South Korean tech conglomerate has faced challenges in obtaining certification from Nvidia for its ...
-
Cost Of Sleeping On AI: Samsung Loses 1/3rd Of Its Value In 4 Months
Just a few months ago, Samsung looked primed to benefit from the global AI boom. Now, it has become a stark example of how quickly fortunes can turn in an industry where the spoils go to those who maintain a technological edge.
-
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.
-
Samsung Galaxy S24 Series to Feature Baidu's Ernie AI Chatbot in China
Samsung Electronics will feature Baidu’s Ernie Bot as a key attraction of its new Galaxy S24 smartphone series in China. Baidu’s artificial intelligence tools will help with text summarization, organization and translation, Baidu said in a statement.
-
TikTok's Livestreamed Marketplace Emerges as Threat to Amazon, Expected to Hit $20 Billion in Value
TikTok Shop is a livestreamed marketplace within TikTok, and a gold rush for entrepreneurs seeking fortunes on the world’s most popular short-video app. For the company, best known for viral dance challenges and owned by China’s ByteDance, TikTok Shop is its fastest-growing feature with a burgeoning fan base in Southeast Asia.
-
How Asia's Hottest New App Was Sunk By Secret China Connections
For a short stretch early this year, Bondee seemed on track to be the next hot app in some of the biggest markets in Asia. Millions of young people were drawn to the idea of creating cute avatars.
-
Twitter Orders Workers In Asia Headquarters To Clear Desks, WFH
Workers at Twitter Inc.'s Singapore office were told to empty out their desks and vacate the premises, said people familiar with the situation, as Elon Musk continues to pare expenses around the globe.
-
Unicorns Become "Cockroaches" As Tech Funding Dries Up
For years, becoming a unicorn was the main goal of startups. Now, with venture funding drying up and many young firms' survival in doubt, another creature is the talk of the town: the cockroach.
-
How 30-Year-Old Celeb CEO's Rule Of Fear Led To A Hot Start-Up's Meltdown
At first glance, the implosion of vaunted fashion startup Zilingo Pte looked jarringly sudden. The Singapore tech darling suspended its 30-year-old chief executive officer Ankiti Bose over complaints about alleged financial irregularities in March.
-
Sacked Indian-Origin CEO Responds To Questions of Mystery Payments
Ankiti Bose, who was fired last week as chief executive officer of the Singapore startup Zilingo Pte, says she'll keep fighting to clear her name.
-
Harvard Grads Opened The Door To World's Biggest SPAC Deal
A few years after launching Grab Holdings Inc. in 2012, Anthony Tan got a piece of advice from Jack Ma. The co-founder of Alibaba Group Holding Ltd. told the entrepreneur that life is a tsunami. When you're up on the wave, get ready for the crash, he
-
This Relentless Dealmaker Broke Into Silicon Valley's Bros Club
To call Koh Soo Boon an early mover in venture capital is a bit of an understatement. When she began her career in 1988, International Business Machines Corp. was the dominant force in technology. Apple Inc., without Steve Jobs, was struggling to develop its first portable computer. Mark Zuckerberg hadn't started kindergarten.
-
Bill Gates Praises India: "Country To Study Now, Other Than China..."
Tech pioneer Bill Gates praised India's policies for financial innovation and inclusion, saying his philanthropic foundation is working with other countries to roll out open-source technologies modeled on the country's implementation.
-
World's Hottest Stock, Up By 880%, Is A Money-Losing Tech Giant
Swelling optimism that loss-making Sea may one day become both the Tencent and Alibaba of Southeast Asia has boosted its New York-listed shares by more than 880 per cent in the past 18 months.
