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Good morning, Asia. Here’s what’s moving before the bell.Bitcoin lost steam into the Asia session, down 1.1% to $112,806 as traders trimmed risk before the Fed’s rate decision later today. The pullback cooled a recent crypto rebound even as regional equities climbed on AI optimism.Market snapshot Bitcoin: $112,806, down 1.1% .....
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Earlier this month, Synaptics announced the launch of the Astra SL2600 Series, a new lineup of Edge AI processors aimed at enabling cost-effective, intelligent IoT devices across a variety of sectors, powered by its Torq™ Edge AI platform and incorporating the first production deployment of Google’s RISC-V-based Coral NPU. Additionally, Metirionic GmbH reported successful integration of its advanced 3D localization technology into Synaptics' Bluetooth portfolio, expanding real-world.....
Continue Reading(Reuters) -Companies around the globe have ramped up job cuts, with blue-chips from Amazon to Nestle and UPS reining in spending while consumer sentiment dims and AI-focused tech companies start to replace jobs with automation. According to a Reuters tally, American companies have announced more than 25,000 job cuts this month, not including UPS's 48,000 figure, which dates from the beginning of 2025. With economy-wide numbers on job cuts not available given the U.S. government is in the middle of its second-longest shutdown in history, investors are paying extra attention to these anecdotal stories of layoffs...
Continue ReadingThe recapitalization gives OpenAI freedom to partner with competitors and release open-weight models, even as both firms face legal pressure...
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Amazon’s cloud-computing arm plans to invest an additional $5 billion in South Korea over the next six years to build new artificial-intelligence data centers in the country...
Continue ReadingGYEONGJU, South Korea/Seoul (Reuters) -Amazon Web Services will invest at least $5 billion in South Korea by 2031 to build new artificial intelligence data centres, South Korea's presidential office...
Continue ReadingCloud computing and online retail behemoth Amazon (NASDAQ:AMZN) will be reporting earnings this Thursday after market close. Here’s what investors should know...
Continue ReadingiPhone and iPad maker Apple (NASDAQ:AAPL) will be reporting results this Thursday after the bell. Here’s what you need to know...
Continue ReadingDow Jones futures: Microsoft, Google and Meta earnings loom, along with a new Fed rate cut. President Trump is upbeat on China...
Continue ReadingThe KPMG China Future Entrepreneur Award 2025 award ceremony was held in Shenzhen on October 24. Simon Yueng, Executive Director and Vice President of Biel Crystal, was awarded "Excellent Family Business Future Entrepreneur"...
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