China’s financial technology giant Ant Group has ramped up its digital payments network by partnering with 14 overseas mobile payment apps, which will give Hong Kong’s merchants access to a swathe of countries with a total population of around 1.2 billion. Overseas travellers from nine countries and regions can make payments in Hong Kong using …
At the helm of Nvidia is Jensen Huang, an immigrant by way of Taiwan and Thailand who used to wash dishes at American diner Denny’s, but now cooks cheesesteaks with Meta boss Mark Zuckerberg. Meet 61-year-old Huang, the man who’s made an incredible rise to become one of the richest people in the world. How …
Alibaba Group Holding’s cloud computing unit has slashed prices for international customers by up to 59 per cent, as the tech giant fights to woo users amid a global race for computing resources driven by rapid artificial intelligence (AI) development. The international cloud business of Alibaba, which owns the South China Morning Post, is facing …
As the number of internet users continues to grow, one smartphone manufacturer is hoping to optimise its core internet business to improve its suite of experiences for users. Globally, there are an estimated 5.3 billion internet users today – two-thirds of the world’s population. Across Europe and North America, online penetration rates exceed 90 per …
Chinese authorities are easing limits on mobile payments for foreigners and encouraging tourist attractions to accept cash and overseas bank cards in a bid to revive international visitor numbers. The central bank said on Friday that foreigners would be able to spend up to US$5,000 on a single mobile payment transaction, up from the previous …
Pony Ma Huateng, founder and chief executive of Tencent Holdings, told employees that the firm’s financial technology unit needs to reduce its share in China’s payments market, as the social media and video gaming giant tries to avoid ruffling the feathers of banks, according to Chinese media reports and a person familiar with the situation. …
Liquid helium – through cryogenic technology – has been used as a coolant for nearly a century in research and applications that require extreme cold, from medical equipment to deep space exploration. But helium is a scarce resource, and demand is growing for its use in hi-tech industries. That is especially true for helium-3, a …
(Bloomberg) — Baidu Inc. plunged its most in more than a year after a report linked its Ernie AI platform to key military research, spurring concerns about retaliation from Washington. Most Read from Bloomberg The search engine firm, generally considered one of China’s leaders in artificial intelligence development, fell as much as 10% Monday, deepening …
“Our brain can tolerate defects, meaning it could work despite the presence of dead cells. This is fundamentally different from computers that cannot work with a malfunctioning transistor,” Li said, referring to the primary building block of microchips, including the central processing unit (CPU). “We can learn from experience, unlike computers and powerful AI. [A …