In November 2021, Zillow, a US-based real estate online marketplace, announced it would terminate the practice of relying on algorithms to buy and sell houses. Thanks to the malfunctioned machine learning (ML) models, the company lost almost US$330 million in Q3 2021, according to its financial report.
Tech startups are reportedly laying off workers as global economic uncertainties loom. Meanwhile Malaysia is seeking more investment to upgrade its semiconductor prodution and Thailand has seen car production fall sharply this year due to persistent chip crunch.
Creator economy, defined as the 100+ billion-dollar businesses of independent content creators, has been the pillar of our existing social platforms, generating business opportunities not only for the creator themselves but the employees and partnered brands.
Wise-integration, a French startup specializing in power electronics solutions based on GaN technologies, was spun-off from CEA-Leti, the country's research institute for specialized technology in micro and nano technologies in Grenoble. The company has set up a branch office in Taiwan and looks to strengthen partnerships and expand markets in Asia in the next few years.
Eighteen startups participated in London Tech Week on June 13-14, focusing on smart health, AI, IOT and EedTech, to showcase Taiwan's innovations to the world, according to the Ministry of Science and Technology (MOST).
In a bid to speed up digital transformation, many enterprises have planned to focus IT investment in 2022-2023 on hybrid clouds, according to head of cloud computing business group Kyle Wu for AI startup iKala Interactive Media.
Compal Electronics will cooperate with InSynerger Technology, a startup developer of IoT-based smart solutions, to set up a network of 5G smart poles in Asia New Bay Area 5G AIoT Innovation Park in Kaohsiung City, southern Taiwan, in a bid to boost standardization of 5G smart poles, according to deputy director Irving Fan for Compal.
Cybersecurity firms are firing on all cylinders in response to the demand coming from the automotive industry. Yoav Levy, co-founder and CEO of Upstream Security, said the cybersecurity risk level has increased as vehicles get more software-driven. The evolution will also challenge cybersecurity companies with new and unknown threats.
The ways people and goods move have been evolving over the years. With technology advancements, electrification and digitization have become the prominent trends in the mobility industry, according to Meir Dardashti, a principal at Maniv Mobility.
Even as the world recovers from the pandemic, commodity costs and geopolitical tension have set the stage for an economic recession. Economists would argue that downturns are part of the modern financial system, but that doesn't make its impact less difficult. Even the Reserve Bank of India said that recent global concerns have hurt the country's economic recovery.
Imagine having your gas-powered motorcycle converted into an electric one without needing to buy a new one - that is what BlueWing Motors can do for you and for the carbon market that is to come in Southeast Asia.
Vehicle cybersecurity has become more likely at stake as cars enable connectivity. Karamba Security, an Israel-based startup, offers end-to-end solutions covering product security from design to vulnerability management. The company has acquired investments and partnerships with multiple Asian enterprises, looking for more opportunities in Southeast Asia.
Planning an efficient and effective IR program is one of the most important responsibilities of IRO and investor relations team at any company. Based on our hybrid experience working with micro/small-cap companies with no analyst coverage, to larger-cap companies with more coverage, and incorporating feedback from institutional investors, we recommend considering the following when building an IR plan.
How do you define a culture? Culture can be reflected in both materials (lifestyle, fashion, aesthetic tastes) and spirituals (customary beliefs, future expectations, value systems). It affects how people behave and interact with each other in the world. As every change in technology brings new culture, the metaverse can usher in a new form of culture (Metaculture), which can affect our real lives. Metaculture is also a crucial part of metaverse applications as different cultures (community-driven/ corporate-driven) can attract different user groups. This series of articles on the metaverse culture aims to draw a profile of Metaculture and forecast the implication of this new wave.
Bolstering operational technology (OT) security is a budding awareness among semiconductor suppliers, as the manufacturing industry has become the most popular target of hackers, according to Terence Liu, CEO of TXOne Networks.