India, Canada Have Dug Deep Trenches, Getting Out Will Have Political Consequences, Expert Says
Late Tuesday, Trudeau said that the expulsion of the Indian intelligence chief and the revelations regarding Nijjar's death were not meant "to provoke or escalate." He urged the Indian government to "take this matter with the utmost seriousness."
X, Formerly Twitter, Cuts Trust And Safety Team That Moderates Toxic Content: Report
X, formerly Twitter, reportedly cut its trust and safety team to around 20 people earlier this month even after advertisers discussed concerns about toxic content on the platform.
ASEAN-Only Joint Drills Kick Off In Display Of Unity Amid South China Sea Tensions
Military forces from Southeast Asian nations have gathered in Indonesia to participate in the joint military drills that will continue until Thursday. It is the first time the 10-country bloc has conducted joint drills without the participation of non-member nations.
China Says US A 'Black Hole' In Global Drug Crisis After Latest Biden Designation
China did not mince words following U.S. President Joe Biden's recent designation of the Asian powerhouse as a major illicit drug producing country along with nearly two dozen others.
India-Canada Relations Plunge As New Delhi Expels Canadian Diplomat In Tit-For-Tat
Tensions between Canada and India have been on the rise in recent months following the killing of a Sikh separatist leader in British Columbia in June.
Foxconn Looks To Double Workforce, Investments In India By 2024 As It Moves Away From China
Foxconn, the world's largest contract manufacturer of electronics, has been rapidly expanding its footprint in India as it seeks to gradually move away from China.
Crypto Exchange JPEX Blames Regulators, Partners For Liquidity Crisis As Hong Kong Probe Results In Arrest
The exchange was under investigation after the Hong Kong Securities and Futures Commission (SFC) filed a complaint against it last Friday. A crypto influencer, named Joseph Lam Chok, was reportedly arrested Monday for his association with JPEX.
NFL Quarterback Trevor Lawrence, YouTubers Kevin Paffrath And Tom Nash Settle Lawsuit Over FTX Endorsements: Report
The personalities reportedly reached a settlement in a lawsuit that named multiple celebrities and influencers over their alleged failure to disclose compensation in endorsements related to FTX.
Tech Layoffs: Cisco To Cut Hundreds Of Silicon Valley Jobs Next Month
Cisco is cutting hundreds of jobs in California next month following a strong fiscal year 2023. The company has implemented thousands of job cuts since 2014.
ASEAN Cross-Border Payments System Holds 'Tremendous Promise' For Thailand's Fintech Industry: Expert
Five members of the ASEAN including Thailand are working together to establish a regional cross-border payments system that uses QR codes and e-wallets. Thailand's unbanked and underserved communities as well as SMEs are expected to benefit.
Cloud Startup Airtable, Once Valued At $11B, Announces Second Round Of Layoffs In Less Than A Year
Airtable will cut 237 jobs in its latest round of layoffs. The low-code software unicorn was last valued at $11 billion in 2021 following a $735 million funding round.
'Immortals Of Aveum' Developer Cuts Nearly Half Of Workforce Amid Low Player Count
Ascendant Studios' CEO Bret Robbins said the team, which Electronics Arts touted as having the right experience to deliver "Immortals of Aveum," had to make the necessary adjustments now that its game has been shipped.
Layoffs 2023: Morningstar To Cut Up To 12% Staff At Its ESG Unit Sustainalytics
Morningstar is cutting Sustainalytics' workforce next week, more than a year after it reduced the Sustainalytics China team by the hundreds.
Big Tech Layoffs: Google Makes 'Significant' Cuts In Recruiting Units
Google is cutting a "significant" number of staff from its recruiting unit, citing the need for operational efficiency. The company has implemented smaller workforce cuts in recent months.
Apple 'Wonderlust': iPhone 15, iPhone 15 Plus Prices Cheaper Than Predecessors In UK, Germany
Apple has unveiled its new iPhone series, which features not just improved cameras and a major charger change but also lower starting prices for the base devices.
Layoffs 2023: Wells Fargo CFO Expects More Job Cuts After Multiple Smaller Reductions
Wells Fargo has already gone through multiple smaller layoffs in recent months, but its CFO is expecting more workforce reductions as the banking industry grapples with corporate real estate lending issues.
10 Years Of BRI: A Decade Of Mounting Debts, Souring Relations And Kidnappings
China's BRI is a decade old, but beyond its ambitious promises of trans-national connectivity, the initiative is looked at with skepticism and is seen as a debt trap for developing countries.
Indian SaaS Startup Chargebee Cuts 10% Staff Amid 'Market Shifts'
Chargebee, once valued at $3.5 billion, is cutting another 10% from its global workforce as the company struggles through "market shifts" and a funding winter that already hit the valuations of other Indian unicorns.
Rent-To-Own Unicorn Divvy Homes Prepares For Third Round Of Layoffs; Could Affect Over 90 Jobs
The layoffs will affect offices across the United States, as well as remote employees in some parts of the country, including Washington and Ohio.
'Strong Affinity' To Digital Solutions Makes Philippines Southeast Asia's Most 'Pro-Crypto' Country: Expert
Last year, the Philippines ranked as the world's second-top country in crypto adoption, and this trend may persist due to the Filipino public's affinity for digital solutions and the government's supportive regulatory approach to the industry, which bolsters the sector's growth.
G20 Key Takeaways: Modi And India Win Big; Ukraine Loses Out
Many observers hailed Indian Prime Minister Narendra Modi's bid to cement his country's position as the Global South's "voice" and a "bridge" to the West during the G20 summit as a success.
A Huawei Smartphone With A 7nm Chip Is Making Washington Lose Its Sleep. Experts Weigh In
Chinese technology major Huawei created shockwaves with a smartphone that boasts of 5G-like speeds and, crucially, has at its heart a homegrown 7nm chip -- technology that China was not known to possess. IBT speaks to experts on whether U.S. curbs on China's access to advanced chip technology are failing.
G20 Becomes Venue For China-India Rivalry To Lead Global South, Japan Backs 'Indispensable Partner'
The G20 Summit in New Delhi is expected to become a venue for a power showdown between India and China, and with Xi Jinping's absence, Japan is expected to prop up its ally in becoming the "voice" of the Global South.
China Upgrades Its Infamous 9-Dash Line To A 10-Dash Line: Here's What It Means
China has been asserting its territorial claims across virtually the entire South China Sea through its 9-dash line in the past years, and while it has faced resistance from other claimants, opposition to its new 10-dash line appears to be more serious.
ByteDance, 5 US Big Tech Named 'Gatekeepers' Under EU's Digital Markets Act; Samsung Dodges Bullet
The gatekeepers, which the European Union says are companies that provide "an important gateway between businesses and consumers in relation to core platform services," have six months to provide a "detailed" report to prove they comply with the DMA's provisions.
Roku Announces 10% Job Cuts In 3rd Workforce Reduction Since November
After news of the layoffs emerged, Roku stocks jumped about 3% higher.
China Says Foreign State Immunity Law 'Fully Adheres' To International Standards
At a time when relations between the U.S. and China have soured, Beijing passed a foreign state that "stipulates the rules for Chinese courts to handle civil cases involving a foreign State and its property."
OpenAI's Sam Altman Granted Indonesia's First 'Golden Visa' As Country Bets Growth On AI
Indonesia has been promoting AI adoption in recent years as part of its national strategy through 2045, and it appears OpenAI's Sam Altman is first on its list of investors to woo.
Japan Announces $141M For Its Fishery Industry Amid China's Seafood Ban Over Fukushima Water
Tokyo continues to find ways to boost its fishery industry after China imposed a blanket import ban on its seafood products over its decision to release treated radioactive water from the Fukushima nuclear plant into the sea.
US-Blacklisted Huawei Launches Riyadh Cloud Branch Amid Strengthening China-Saudi Ties
The Chinese tech giant's Huawei Cloud Riyadh office, which was announced Monday at the Huawei Cloud Summit Arabia 2023, will focus on serving consumers across the Middle East, Central Asia and Africa.