Saudi internet usage hits 99% in 2023

Saudi internet usage hits 99% in 2023

Saudi Gazette report RIYADH — Saudi Arabia recorded a significant increase in internet usage in 2023, with a penetration rate reaching 99%, demonstrating near-universal access among its population. According to the 2023 “Internet Saudi Arabia” report by the Communications, Space, and Technology Commission, internet usage is notably high among men and women, at 99.3% and …

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Ant Group beefs up customer base for Hong Kong merchants by adding 14 foreign mobile payment apps to its network

Ant Group beefs up customer base for Hong Kong merchants by adding 14 foreign mobile payment apps to its network

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 …

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Meet the ‘Steve Jobs of AI’, Jensen Huang: the Nvidia CEO has a US$73 billion net worth, and went from washing dishes at Denny’s to making cheesesteaks with Meta’s Mark Zuckerberg

Meet the ‘Steve Jobs of AI’, Jensen Huang: the Nvidia CEO has a US billion net worth, and went from washing dishes at Denny’s to making cheesesteaks with Meta’s Mark Zuckerberg

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 …

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Saudi internet penetration hits 99% while online shopping jumps to 63.7% in 2023

Saudi internet penetration hits 99% while online shopping jumps to 63.7% in 2023

Saudi Gazette Report RIYADH — The internet penetration in Saudi Arabia stood at 99 percent while the percentage of online shopping jumped to 63.7 percent during the year 2023. This information was contained in the Saudi Internet Report 2023, published by the Communications, Space and Technology Commission. The report reviewed a set of indicators and …

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Lee chips in with Lion Rock spirit

Lee chips in with Lion Rock spirit

Lee Ka-kit Staff reporter A mainland computing service provider, xFusion Digital Technologies, has announced plans to establish an innovation center in collaboration with chip designer StarFive Technology. This partnership is backed by the family office of Peter Lee Ka-kit, co-chairman of Hong Kong and China Gas. Its objective is to develop an energy-saving chip …

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Xiaomi’s internet business sees rapid growth in overseas markets with its growing suite of services

Xiaomi’s internet business sees rapid growth in overseas markets with its growing suite of services

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 …

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