China's smartphone market is seeing one of its widest price hikes as memory chip crunch deepens; Meizu announces it will suspend developing new mobile hardware
China's smartphone market is seeing one of its widest price hikes as memory chip crunch deepens; Meizu announces it will suspend developing new mobile hardware
TOKYO — China's smartphone market is seeing one of its biggest and widest price hikes ever, affecting almost all brands and product categories …
Indonesia says it will ban “high-risk” platforms, including YouTube, TikTok, Facebook, Instagram, Threads, X, and Roblox, for children under 16 from March 28
Indonesia will ban social media for children under 16, Communication and Digital Affairs Minister Meutya Hafid said Friday.
Filing: the US SEC settles with Tron founder Justin Sun over a 2023 case that alleged securities fraud; Tron-affiliated company Rainberry will pay the $10M fine
Rainberry, a company affiliated with the Tron network, will pay a $10 million fine. Charges against Sun will be dismissed.
Sea's NYSE-listed stock fell up to 27% on March 3, its worst intraday drop since 2023, after Sea reported Q4 net income up 73% YoY to $410.9M, below $442M est.
Sea's NYSE-listed stock fell up to 27% on March 3, its worst intraday drop since 2023, after Sea reported Q4 net income up 73% YoY to $410.9M, below $442M est.
Asia's smaller chip companies are hiking prices like their bigger peers as AI demand fuels capex; TrendForce: the leaders will spend $136B+ in 2026, up 25%+ YoY
Sources: SoftBank-owned Japanese payments app PayPay delays its IPO roadshow that was scheduled to launch Monday, as markets were rattled by the strikes in Iran
Echo Wang /Reuters:
Filing: Tokyo-based PayPay is seeking to raise up to $1.1B at an up to $13.4B valuation in its US IPO, selling nearly 55M shares priced between $17 and $20 each
PayPay and a selling shareholder are aiming to raise as much as $1.1 billion in an initial public offering in the United States …
Sources: SoftBank-owned Japanese payments app PayPay delays its IPO roadshow that was scheduled to launch Monday, as markets were rattled by the strikes in Iran
Echo Wang /Reuters:
Kalshi CEO Tarek Mansour says the startup will void certain bets related to Iran's Ali Khamenei and claims it doesn't “list markets directly tied to death”
Users say rules barring ‘profiting from death’ are unclear. … In a statement on X, Kalshi CEO Tarek Mansour …
Chinese matchmaking apps like Wanmei Qinjia, which has 50M+ users and lets parents look for spouses for their children, surge as marriage rates continue to fall
Chinese matchmaking apps like Wanmei Qinjia, which has 50M users and lets parents look for spouses for their children, surge as marriage rates continue to fall
DALIAN, China — Apps that enable parents to search for spouses for their unmarried children have become increasingly popular in China …
Coupang reports Q4 revenue up 11% YoY to $8.8B, below $8.9B est., and a net loss of $26M, versus $131M net profit in Q4 2024, hurt by fallout from a data breach
Dario Amodei says “we are patriotic Americans” and Anthropic fears some AI uses could clash with American values as AI's potential gets “ahead of the law”
Anthropic refuses to lower AI guardrails for the PentagonBrendan Bordelon /Politico:The Pentagon's fight with Anthropic sparks fears in Silicon Valley and the Capitol of a fundamental shift in the bal...
OpenAI says its DOD agreement upholds its redlines and “has more guardrails than any previous agreement for classified AI deployments, including Anthropic's”
We think our agreement has more guardrails than any previous agreement for classified AI deployments, including Anthropic's.
Claude hit #2 on Apple's US App Store, hours after the DOD designated Anthropic a supply chain risk; it bounced between #20 and #50 for much of February
Anthropic's Claude artificial intelligence assistant app jumped to the No. 2 slot on Apple's chart of top U.S. free apps late on Friday …
Dario Amodei says “we are patriotic Americans” and Anthropic fears some AI uses could clash with American values as AI's potential gets “ahead of the law”
Jo Ling /CBS News:
Sources: DeepSeek plans to release its multimodal model V4 next week and worked with Huawei and Chinese AI chipmaker Cambricon to optimize V4 for their products
Coupang reports Q4 revenue up 11% YoY to $8.8B, below $8.9B est., and a net loss of $26M, versus $131M net profit in Q4 2024, hurt by fallout from a data breach
E-commerce giant Coupang (CPNG.N) swung to a fourth-quarter loss on Thursday and reported revenue below analysts' estimates …