Official data shows Hong Kong accounted for 50%+ of China's $239B in chip imports in the first five months of 2026, a record share, up from ~33% a decade ago — Hong Kong has become a vital conduit for high-tech products moving in and out of China, emerging as one node in a $2 trillion network …
Filing: GoDaddy challenges a New Delhi court ruling requiring domain sellers to stop offering privacy by default, saying it could expose website owners globally — The world's biggest internet domain seller, GoDaddy, has warned that India's crackdown on fake websites impersonating famous brands …
Sources: Alibaba has banned employees from using Claude Code and asked them to remove all Claude models from their work computers, citing security concerns — Alibaba Group has banned employees from using Anthropic's Claude Code, and asked them to remove all Claude models from their work computers …
The US DOJ says Peter Stokes, a 19-year-old dual US-Estonian citizen, was extradited from Finland to face charges of participating in Scattered Spider hacks — A 19-year-old man with dual U.S. and Estonian citizenship was extradited from Finland to Chicago this week to face criminal charges …
Germany-based Quantum Systems, which sells surveillance drones used by Ukraine, raised $1.2B led by Blackstone, Noteus, Airbus, and Advent at an ~$8B valuation — Quantum Systems has raised $1.2 billion in a funding round, more than doubling the German drone startup's valuation …
The US sentences Guo Wengui, a self-exiled billionaire Chinese tycoon who defrauded his online followers out of hundreds of millions, to 30 years in prison — A self-exiled billionaire Chinese business tycoon once believed to be among China's wealthiest men was sentenced Monday to 30 years …
Q&A with Grindr CEO George Arison on turning Grindr into an “AI-native company”, “impos[ing]” AI on staff, facing “opposition”, using AI as a CEO, and more — George Arison, the gay dating app's chief executive, is aiming for all code to be eventually written …
Meituan open-sources LongCat-2.0, a 1.6T-parameter model that it says was trained on a 50K-chip cluster of domestic Chinese processors, without giving details — China's food delivery giant Meituan (3690.HK) said on Tuesday it had released and would open-source its next-generation LongCat …
Sources: CXMT and Tencent sign a ~$3B, three-year DRAM supply agreement for servers ahead of CXMT's IPO; CXMT is in talks with other major Chinese companies — Chinese memory chipmaker ChangXin Memory Technologies (CXMT) has signed a long-term supply agreement with Tencent Holdings (0700.HK) …
Australian government says it plans to double the maximum penalty for any social media company breaking its minimum age law and grant more powers to enforcers — The fine can now potentially hit 99 million AUD, or $68 million. — After becoming the first in the world to implement …
Australia-based Firmus partners with Nvidia to build its first data center in Batam, Indonesia; the 360 MW Nvidia DSX AI factory campus is developed with DayOne — Firmus Technologies Pty Ltd. will build its first data center project in Indonesia as part of a partnership with US chip giant Nvidia Corp. …
An analysis of US payroll data across 730+ occupations: employment among workers ages 22 to 25 in highly AI-exposed jobs is now shrinking by 3.8% per year — Last August, a team led by Stanford economist Erik Brynjolfsson published a deep look at the impact of AI on jobs, boosted by a …
Brazil, which has struggled to standardize soccer talent scouting, is embracing AI-powered scouting apps that assess players by analyzing video clips and more — Recruitment apps powered by artificial intelligence are gaining ground in Brazil, promising to even the playing field and find more soccer talent.
A look at South Korea's four vocational “meister” schools that train students to work in semiconductor manufacturing, leading to jobs at Samsung and SK Hynix — Chungbuk Semiconductor High School in Eumseong County, South Korea, is the oldest vocational high school …
Polymarket says its annualized revenue is now $1B+; Dune Analytics: daily volume on Polymarket's US platform rose from ~$50M in mid-May to $200M+ by June 20 — Prediction market platform Polymarket's annualized revenue are now well above $1 billion, the company shared exclusively with CNBC on Friday.
Reuters : Sources: Samsung raises prices for advanced 4nm and 5nm chipmaking services by up to 15% for new orders in July, driven by AI d...
