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Chinese Tech Giants Boost AI Recruitment Amid Global Talent Scramble
Chinese technology companies Xiaomi and Alibaba Group Holding have launched extensive recruitment drives. These efforts focus heavily on artificial intelligence talent, reflecting fierce global competition. Both firms are increasingly positioning themselves as AI-first businesses.
Mar 31


iQiyi Proposes USD 300 Million Hong Kong Listing
iQiyi, a Nasdaq-listed Chinese online entertainment video provider, has submitted a confidential application for a listing in Hong Kong. The proposed move aims to raise US$300 million, making iQiyi the latest US-listed Chinese company considering a Hong Kong float.
Mar 31


Microsoft Expands Copilot Capabilities, Rolls Out Cowork Tool
Microsoft has introduced new features for its Copilot research assistant, allowing users to employ multiple artificial intelligence models simultaneously within single workflows. This move represents the latest effort by the Big Tech organisation to enhance its AI offering and encourage greater adoption across its user base.
Mar 31


Voyager Technologies Secures Contract for Free-Flying Robot Demonstration
Space-tech firm Voyager Technologies, identified by its stock ticker VOYG.N, has entered into a mission management contract with robotics startup Icarus Robotics. The agreement dictates the demonstration of a free-flying robotic system aboard the International Space Station, a crucial orbital research facility. Both organisations publicly announced the details of this collaboration.
Mar 31


China's Science Fiction Economy Achieves Record Revenues Amid Tech Focus
China's science fiction industry recorded significant revenue growth, reaching a total of USD 18.2 billion last year. This figure, up 15.7 per cent from the previous year, represents a new high for the sector, according to a report cited by the South China Morning Post. Public interest in science fiction content surged alongside this financial expansion.
Mar 31


DeepSeek Outage Affects Millions, Sparks User Complaints
A prolonged overnight outage at Chinese artificial intelligence startup DeepSeek disrupted service for hundreds of millions of users, sparking widespread complaints across social media platforms. The company’s chatbot website and app were offline, according to a company notice and user feedback. Credit: DEEPSEEK The Hangzhou-based AI laboratory began investigating the disruption after its namesake chatbot went offline from Sunday evening. DeepSeek issued fixes between 1 a.m.
Mar 30


ByteDance Bolsters Seedance 2.0 with Safeguards for Global Rollout
ByteDance has bolstered its controversial video-generation model, Seedance 2.0, with advanced watermarking and intellectual property (IP) protection guardrails. This move precedes its global rollout amidst intense scrutiny from Hollywood studios.
Mar 30


DJI Launches 360-Degree Drone Amid Patent Dispute
DJI, the world’s largest drone maker, has launched its first 360-degree drone, the DJI Avata 360, directly challenging domestic rival Insta360 in a market segment now central to an escalating patent war. This new product marks a significant expansion for the company beyond traditional aerial photography.
Mar 27


Meta Shares Drop Amid Lawsuit Concerns After US Verdicts
Meta Platforms shares dropped 7% after two verdicts found the company liable for harm to young users. This sparked fears that the social media giant may need to overhaul the design practices that underpin its sprawling advertising business.
Mar 27


Netflix Raises US Subscription Prices
Netflix has increased subscription prices across all its plans in the United States. This move comes as the streaming giant expands into new programming formats, including video podcasts and live sporting events.
Mar 27


OpenAI ChatGPT Ads Pilot Achieves Over USD 100 Million Annualised Revenue
OpenAI’s ChatGPT advertising pilot in the United States has surpassed USD 100 million in annualised revenue within six weeks of its launch. A company spokesperson highlighted robust early demand for the AI startup’s new advertising business.
Mar 27


Microsoft Halts Hiring in Cloud, Sales Amid Cost-Cutting Measures
Microsoft executives have instructed managers in key divisions, including its cloud unit and North American sales groups, to suspend new hiring. The Information reported this decision on Thursday, citing three employees with direct knowledge. Credit: UNSPLASH Managers were told to halt hiring for any new candidates who did not already possess a job offer. The reported reasons for this pause include the need to cut costs and boost margins. The hiring freeze is not company-wide
Mar 27
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