Bending Spoons Acquires Vimeo for $1.38 Billion: Strategic Move to Revitalize Video Platform and Expand OTT Market Presence
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China is experiencing its largest chikungunya outbreak in Guangdong, especially Foshan, with over 8,000 cases reported since June 2025. The mosquito-borne virus causes fever, rash, and severe joint pain that may last months. Authorities have deployed stri...
Shanghai faces a rare dual threat as Tropical Cyclone Co-May approaches, bringing heavy rain and strong winds, while a tsunami warning follows a massive 8.8 earthquake off Russia’s Kamchatka Peninsula. Authorities have evacuated residents, suspended trans...
India is set to launch the Amaravati Quantum Valley by January 2026, featuring IBM’s Quantum System Two with a 156-qubit processor—India’s most powerful quantum computer. This hub will drive innovation, research, and job creation, fostering collaboration...
Samsung has signed a $16.5 billion deal to supply Tesla with custom AI chips, branded "AI6," for autonomous driving and AI platforms from 2025 to 2033. Manufactured in Samsung’s Texas fab, these cutting-edge chips will support Tesla’s future vehicles and...
Chinese luxury car brand Hongqi, known as "China’s Rolls-Royce," will debut in Singapore in early 2026 with three SUV models, including two fully electric vehicles. Owned by FAW Group and designed with a unique “eastern luxury” style, Hongqi aims to compe...
Gupshup has raised over $60 million through a mix of equity and debt to fuel its AI-driven enterprise messaging platform expansion. While the company continues to grow revenue and global reach, its current valuation remains undisclosed, leaving its unicor...
Amazon Web Services has shut down its Shanghai AI research lab, joining other U.S. tech giants like Microsoft and IBM in scaling back China-based R&D amid rising geopolitical tensions. This move highlights a broader trend of American companies realloc...
BrightAI is an Infrastructure AIoT platform that revitalizes legacy critical infrastructure through autonomous monitoring, inspection, and closed-loop control using custom AI-powered sensors and devices. Trusted by major utilities, it deploys hundreds of...
The European Commission has issued clear guidelines to help AI providers comply with the EU’s AI Act, focusing on models with systemic risks. These guidelines clarify obligations like risk assessment, transparency, and cybersecurity, aiming to address ind...
China's Tsinghua University has unveiled Agent Hospital, the world’s first fully virtual hospital run entirely by AI agents. This breakthrough platform simulates real patient care across 21 medical specialties, offering massive potential for medical train...
Meta's Joel Kaplan announced the company will not sign the EU's voluntary AI Code of Practice, calling its guidelines an overreach that risks stifling AI innovation and deployment in Europe. Kaplan warned the Code's broad requirements create legal uncerta...
Netflix used generative AI for the first time in its original series The Eternaut to create VFX shots, significantly reducing costs and completing sequences 10 times faster, says co-CEO Ted Sarandos.
Experts warn with 100% certainty that a tsunami over one metre high will strike the Mediterranean within the next 30 years, potentially reaching coasts like Spain’s Málaga in as little as 21 minutes after an earthquake along the Averroes fault. Though sma...
Malaysia’s economy grew 4.5% year-on-year in Q2 2025, supported by strong domestic consumption and a resilient services sector. Despite challenges from global trade tensions and weaker export demand, growth accelerated slightly from Q1. Agriculture and ma...
Cathay Cineplexes’ operator, mm2 Asia, is exploring the possibility of closing its cinemas to tackle mounting financial difficulties, including significant rent arrears and debt obligations. The company is also considering debt restructuring and lease ren...
Chinese AI startup MiniMax has confidentially filed for a Hong Kong IPO, aiming to raise over $510 million and secure a valuation exceeding $4 billion. Backed by Alibaba and Tencent, MiniMax plans to list by the end of 2025, leveraging Hong Kong’s booming...