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Technology
Reddit files publicly for IPO after two years on sidelines
NEW YORK – Reddit filed for an initial public offering (IPO), confirming its revenue growth and helping to propel a still tenuous resurgence in…
Spotify’s user growth beats estimates, forecasts upbeat year
STOCKHOLM – Spotify on Feb 6 reported fourth-quarter monthly active users and subscribers ahead of expectations as it grew in all regions, and said…
Baidu shares sink most since 2022 despite denying links to China military AI
HONG KONG – Baidu shares plunged their most in over a year after a news report linked its Ernie artificial intelligence (AI) platform to key Chinese…
Google cuts hundreds of jobs in engineering and other divisions
SAN FRANCISCO – Google laid off hundreds of workers in several divisions on Wednesday night (Jan 10), seeking to lower expenses as it focuses on…
Nvidia to release three new AI chips for China market
SAN FRANCISCO – Nvidia plans to release new artificial intelligence (AI) chips aimed at the Chinese market less than a month after United States…
In cyber attacks, Iran shows signs of improved hacking capabilities
NEW YORK – Iranian hackers are waging a sophisticated espionage campaign targeting the country’s rivals across the Middle East and attacking key…
Google paid $36b to be default search engine in 2021
Google paid US$26.3 billion (S$36 billion) to other companies in 2021 to ensure its search engine was the default on web browsers and mobile phones,…
Apple supplier Foxconn to work with China on unspecified probes
Key iPhone assembler Hon Hai Precision Industry said it will collaborate with Chinese authorities on unspecified probes, following a report that…
Apple considered switch to search engine DuckDuckGo from Google
Apple held talks with DuckDuckGo to replace Alphabet’s Google as the default search engine for the private mode on Apple’s Safari browser, according…
Grab shutters investment products AutoInvest and Earn+
SINGAPORE – Grab is shuttering its investment products AutoInvest and Earn+ from Monday, and winding down its GrabInvest business.
“The decision…