Samsung doubles down on Vietnam
Tech giant vows to expand annual spending in Vietnam to $1 billion.
Corporate Buzz
LG Electronics CEO offers to pay $1m salary to top AI talents
LG Electronics Chief Executive Officer Cho Joo-wan traveled to the US to meet with big tech counterparts and discuss collaboration in artificial intelligence, as well as to secure…
TikTok sues over forced sale/ban law in US
The suit was filed in the US Court of Appeals for the District of Columbia Circuit, and it argues that the law violates the Constitution, including First Amendment free speech…
Amazon invests $12b in S’pore operations and cloud infrastructure, launches AI training scheme
Amazon Web Services said in its Singapore economic impact report the investment is expected to contribute some $23.7 billion to the Republic’s GDP and support more than 12,300…
Samsung mocks Apple over iPhone alarm glitch
Apple has confirmed that there is an issue and experts are working to fix the problem, but the company has not yet shared what is causing the alarming glitch.
Microsoft announces $3b AI, cloud investment in Malaysia
This marks Microsoft’s single largest investment in Malaysia, as the tech giant seeks to bolster support for AI development in the region and worldwide.
Microsoft vows to invest $1.7 billion in Indonesia
The investment is seen to develop an artificial intelligence ecosystem and nurture the digital talents of 840,000 people in the next four years.
KFC shutters over 100 restaurants in Malaysia amid pro-Palestine boycott
A source said the firm sees the boycott as an opportunity to cease some of the KFC store operations that have weighed on its balance sheet.
Apple tops ranking of Singapore’s best employers, with Google at No. 2
The survey scored employers based on two elements – each employee’s willingness to recommend one’s own employer, and their willingness to recommend other employers in their…
Singapore bankers took home less than their Hong Kong peers in 2023: Report
The base salaries of vice-presidents in banks differ, with those in Hong Kong earning an average of US$163,934 (S$223,355) and those in Singapore, US$152,446.