Technology

Tech innovation, startups, and digital transformation.

From digital pets to robot pals: how AI is changing Hong Kong classrooms

Hands shot up in a Hong Kong Primary Two classroom as pupils debated what their digital pet needed more, meal vouchers or the latest game cards. Their teacher at SKH Kei Oi Primary School in Sham Shui Po had created the virtual pet using artificial intelligence (AI) and web tools for a lesson on...

Katherine Langford

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Bitcoin theft from Binance exceeds Tesla's holdings and El Salvador's reserves

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Bitcoin stolen from Binance tops Tesla’s holdings and is over twice El Salvador’s reserve

In a bustling coffee shop in Brooklyn, a group of young entrepreneurs huddles around their laptops, discussing the latest trends in cryptocurrency. Among the topics of conversation is a staggering figure: over $570 million worth of Bitcoin recently stolen from the Binance exchange. This theft not...

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A bustling New York City street with tech companies in the background.

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Is this the first clear evidence of AI’s impact on the labour market?

In the bustling heart of New York City, the tech sector stands as a beacon of innovation and change. Startups and established giants alike are reshaping the landscape not just of the city, but of the entire economy. Yet, as the skyline grows taller with new ventures, the implications of artificial...

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As AI cyber risks grow, Chinese chip expert urges shared ethics standards with US rivals

The co-founder of Chinese chip giant Cambricon Technologies urged the introduction of universal ethical requirements for leading Chinese and American artificial intelligence models on Friday to mitigate growing risks to society. Chen Yunji’s remarks at an event in Shanghai come as the rapid advance...

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Kim Jong-un urges drone expansion as North Korea showcases new unmanned tech

North Korean leader Kim Jong-un attended an exhibition devoted to drones and called for rapidly expanding the country’s drone technology, state media reported on Friday, as his military escalates threats against South Korea and the United States. Acquiring advanced drones is a top priority for Kim,...

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Binance hack exposes unsolvable crypto risk: disappearing money

The $6.3 billion cryptocurrency heist shows that however sophisticated the fortifications, high-tech criminals are still finding a way in.

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A group of entrepreneurs collaborating in a NYC coffee shop, discussing AI funding.

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OpenAI reportedly cuts fundraising and valuation targets amid AI jitters

In a bustling coffee shop in Manhattan, a group of entrepreneurs huddles around a table, their laptops open and coffee cups steaming. Among them is Sarah, a founder of a promising AI startup, who has been closely monitoring the shifting landscape of artificial intelligence funding. As she scrolls...

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OpenAI funding announcement with a backdrop of NYC skyline

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OpenAI slashes funding target by $10bn as tech anxieties mount

In a world increasingly captivated by artificial intelligence, the news of OpenAI's funding adjustments reverberates through the tech landscape. Just last week, CEO Sam Altman announced a significant shift in the company’s financial strategy, revealing that OpenAI is now seeking to raise $20...

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‘I’m terrified’: AI comes for Southeast Asia’s graduate jobs

Nafeesa Azman has applied for hundreds of jobs over the past two months, yet the 24-year-old Malaysian marketing graduate is yet to find a permanent role that pays what she needs or uses the skills she spent years, and a good deal of money, developing. Natthanicha Intawong, a final-year media arts...

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Wall Street trading floor with traders reacting to market changes

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Has the tech bubble burst? Why the Nasdaq’s rough ride looks eerily like 2000.

As the sun set over New York City on Friday, Wall Street faced a stark reality check. The Nasdaq Composite Index plummeted, marking one of its most significant declines in recent memory, and sending shockwaves through the tech sector. Traders and investors alike watched in disbelief as the index...

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UK minister discusses tech collaboration in Greater Bay Area during Hong Kong visit

UK Indo-Pacific minister Rosie Winterton has visited Hong Kong’s flagship tech hub to discuss plans to expand technological collaboration in the Greater Bay Area, while aiming to strengthen business, education and people-to-people partnerships with the city. During her visit, Winterton also raised...

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This cybersecurity stock will be the next to join the S&P 500

As the sun rises over the bustling streets of New York City, tech enthusiasts and investors alike are buzzing with excitement. On Wednesday, Okta , a leader in cybersecurity and identity management, is set to make its debut on the S&P 500, a significant milestone that reflects its growing influence...

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Wall Street drops to its worst day since June after tech sell-off deepens

A sell-off for tech stocks got even worse on Friday on worries that Wall Street’s frenzy around artificial intelligence technology sent prices too high. The S&P 500 tumbled 1.8 per cent for its worst day since June, and it closed out a third straight losing week. The weakness for technology stocks...

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