62 h. ago China’s Akeso gets share boost as data shows cancer drug’s benefits

Shares of Chinese drug firm Akeso – likened by some Western media outlets to artificial intelligence start-up DeepSeek – rose after the company unveiled clinical-trial data showing that its lung-cancer drug outperformed a highly effective existing treatment. The data showed that ivonescimab had “a decisive and strong positive outcome with both significant and clinically meaningful benefits”, Akeso said in a filing with the Hong Kong stock exchange on Monday. The drug, used along with...

Events

3 d. ago Hong Kong TCM hospital to collect data on Chinese, Western medicine interactions

Hong Kong’s first traditional Chinese medicine (TCM) hospital aims to co-develop the world’s first clinical database on interactions between its healing practices and Western treatments to help provide evidence-based therapy guidelines. Dr Cheung Wai-lun, project director of the Health Bureau’s Chinese Medicine Hospital Project Office, said on Sunday that no such database currently existed and hoped the launch of the institute would help to fill that gap. The Chinese Medicine Hospital of Hong...

Science

5 d. ago Micron to cease server memory chips business in China after ban, sources say

Micron Technology plans to stop supplying server memory chips to data centres in China after the business failed to recover from a 2023 government ban on its products in critical Chinese infrastructure, according to two people briefed on the decision. Micron was the first US chipmaker to be targeted by Beijing – a move that was seen as retaliatory for a series of curbs by Washington aimed at impeding tech progress by China’s semiconductor industry. Since then, both Nvidia and Intel have...

Politics

5 d. ago Bitcoin struggles to find momentum after historic crypto wipeout

After a week-long rout that erased hundreds of billions in digital-asset value, bitcoin has again failed to live up to its billing as a safe-harbour asset. Once cast as a hedge against market turmoil – a “digital gold” for the blockchain age – the original cryptocurrency stabilised on Friday morning in Singapore after sliding alongside global equities and credit to hover near US$109,000, according to data compiled by Bloomberg. Bitcoin had struck an all-time high of US$126,251 as recently as...

Politics

6 d. ago Why a police DNA collection drive in China has sparked privacy worries

A controversial plan by police in a northern Chinese city to build a crime-fighting tool using blood samples from men has sparked a debate over privacy rights. Police in Xilinhot in Inner Mongolia announced last month that they would start collecting DNA samples to update a data bank for identification information used for such items as ID cards and passports, according to a report by China Newsweek magazine. The police also said at the time that the samples would help in “preventing elderly and...

Events

7 d. ago Price surge weighs on gold, silver sales in India’s Diwali market

Record-high gold and silver prices fuelled by US-China friction have dented demand for the precious metal in key consumer market India, in the lead-up to the peak buying period for the Diwali festival. Gold was trading at US$4,197.5 per troy ounce on Wednesday afternoon, as a spike in US-China trade tensions fuelled investors’ demand for the asset, long seen as a safe-haven investment. The silver market has been gripped by a lack of liquidity, sparking a worldwide hunt for the metal. Prices hit...

Economics

1 week ago Chinese local governments warned not to give AI access to sensitive information

Chinese local governments have been told they may use artificial intelligence to help decision-making, but must ensure they do not leak any sensitive data or “blindly” pursue technological superiority. New guidelines, published by the Cyberspace Administration of China and the National Development and Reform Commission on Friday, said AI models could make government more efficient and benefit the public. It listed areas where AI models could be used. These included online consultations to answer...

Events

2 w. ago In a first, China launches commercial underwater data centre to power data future

The world’s first commercial underwater data centre is now operational in China’s Hainan, as the island province pushes to attract foreign investment by expanding the blue economy in the country’s largest pilot free-trade zone. The servers manage digital services from restaurant recommendations to travel hacks, and will be installed in a 1,300-tonne underwater data cabin – equivalent to the weight of 1,000 passenger cars – after the first phase of construction was completed in Lingshui county...

Politics

2 w. ago China Caught Feeding Russia Satellite Data for Missile Strikes on Ukraine

China Caught Feeding Russia Satellite Data for Missile Strikes on Ukraine  UNITED24 Media

Events

2 w. ago Indonesia suspends TikTok’s licence for withholding live stream data

Indonesia said it had suspended TikTok’s registration status as an electronic system provider after it failed to hand over all data relating to the use of its live stream feature, though the social media app was still accessible to users on Friday. Alexander Sabar, an official at Indonesia’s communications and digital ministry, said in a statement that some accounts with ties to online gambling activities used TikTok’s live stream feature during recent national protests and monetised...

Politics

2 w. ago China tests underwater data centres to reduce AI carbon footprint

Power-hungry data centres run hot, so one Chinese company is planning to submerge a pod of servers in the sea off Shanghai with hopes of solving computing’s energy woes. On a wharf near the city, workers were finishing off the large yellow capsule – a foray into alternative tech infrastructure that faces questions over its ecological impact and commercial viability. The world’s websites and apps rely on physical data centres to store information, with the growing use of artificial intelligence...

Politics

3 w. ago South Korea faces digital firestorm after data centre blaze causes disruptions

In a digitalised South Korea, most administrative tasks can be handled easily online. But that was not the case on Monday morning, the first workday after a fire over the weekend incapacitated most public online administrative services. On Friday, the National Information Resources Service in Daejeon, which operates the country’s data centre and network security system, was hit by a lithium-ion battery fire. It was extinguished after 22 hours, but the blaze shut down 647 administrative...

Events

3 w. ago Drone maker DJI loses lawsuit against Pentagon claim of Chinese military ties

A US judge on Friday rejected a bid by China-based DJI, the world’s largest drone maker, to be removed from the US Defence Department’s list of companies allegedly working with Beijing’s military. In his ruling, US District Judge Paul Friedman in Washington said the Defence Department had substantial evidence supporting its finding that DJI, which sells more than half of all US commercial drones, contributes to the “Chinese defence industrial base”. DJI had urged the court to order its removal...

Events

3 w. ago US judge upholds Pentagon’s listing of DJI as Chinese military

A US federal judge on Friday rejected a push by Shenzhen-based DJI, the world’s largest drone manufacturer, to be removed from the Pentagon’s blacklist of companies allegedly linked to China’s military. In his opinion, US District Judge Paul Friedman in Washington said the Department of Defence had substantial evidence supporting its finding that DJI, which accounts for over half of all US commercial drones, contributes to the “Chinese defence industrial base”. DJI had filed a suit last October...

Events

3 w. ago US judge upholds Pentagon listing of DJI as Chinese military

A US federal judge on Friday rejected a push by Shenzhen-based DJI, the world’s largest drone manufacturer, to be removed from the Pentagon’s blacklist of companies allegedly linked to China’s military. In his opinion, US District Judge Paul Friedman in Washington said the Department of Defence had substantial evidence supporting its finding that DJI, which accounts for over half of all US commercial drones, contributes to the “Chinese defence industrial base”. DJI had filed a suit last October...

Events

4 w. ago OpenAI expands Stargate with 5 new data centre sites across US

OpenAI plans to invest roughly US$400 billion to develop five new US data centre sites in partnership with Oracle and SoftBank Group, marking the biggest push yet to fulfil an earlier pledge to spend a half-trillion dollars on artificial intelligence infrastructure in the country. The new locations, spread across Texas, New Mexico and Ohio, will eventually have a capacity of 7 gigawatts of power, or as much as some cities, the companies said Tuesday. The plans were announced by executives from...

Politics

4 w. ago Lawsuit claims baby monitors marketed as safe may be feeding data to Beijing

Lawsuit claims baby monitors marketed as safe may be feeding data to Beijing  Fox News

Politics

4 w. ago AI sector faces US$800 billion revenue shortfall amid data centre buildout: Bain

Artificial intelligence companies like OpenAI have been quick to unveil plans for spending hundreds of billions of dollars on data centres, but they have been slower to show how they will pull in revenue to cover all those expenses. Now, the consulting firm Bain & Co is estimating the shortfall could be far larger than previously understood. By 2030, AI companies will need US$2 trillion in combined annual revenue to fund the computing power needed to meet projected demand, Bain said in its...

Economics

last month Lula, TikTok CEO discuss $10 billion Brazil data centre amid regulatory tensions

Brazilian President Luiz Inacio Lula da Silva opened his week at the United Nations on Monday by meeting with TikTok Chief Executive Shou Zi Chew to discuss plans for a multibillion-dollar data centre investment in Brazil, even as political controversies persist over regulation of the Chinese-owned platform. The meeting, held at Brazil’s mission to the UN, was Lula’s first working engagement in New York, highlighting the importance of technology and digital policy in his international...

Economics

last month Lula, TikTok CEO discuss US$10 billion Brazil data centre amid tensions

Brazilian President Luiz Inacio Lula da Silva opened his week at the United Nations on Monday by meeting with TikTok chief executive Shou Zi Chew to discuss plans for a multibillion-dollar data centre investment in Brazil, even as political controversies persist over regulation of the Chinese-owned platform. The meeting, held at Brazil’s mission to the UN, was Lula’s first working engagement in New York, highlighting the importance of technology and digital policy in his international...

Economics