NaaS enters convertible note purchase agreement with LMR partners NaaS Technology Inc., the first U.S. listed electric vehicle (EV) charging service company in China, announced today that it has entered into a convertible note purchase agreement with LMR Partners Limited, a global multi-strategy investment fund. Under the agreement, LMR will…
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Four critical areas for Legal leaders to address with AI
Navigating proposed regulations for large Language model tools As lawmakers worldwide propose regulations and guidance on large language model (LLM) tools such as ChatGPT and Google Bard, Gartner, Inc. has outlined four essential areas for general counsel (GC) and legal leaders to prioritize. These areas will help organizations prepare for…
Read MoreEconomic and industry headwinds growing slower than expected
Private LTE/5G infrastructure revenues to reach $US5.2 billion worldwide In a recent forecast released by International Data Corporation (IDC), it was projected that global revenues for private LTE/5G infrastructure would surge to $US5.2 billion by 2027. This robust growth reflects a compound annual growth rate (CAGR) of 21 per cent…
Read MorePing An Bank’s CIO advocates sustainable development
Technological innovation at Asia new vision forum Tang Jiacai, Chief Information Officer of Ping An Bank, a subsidiary of Ping An Insurance (Group) Company of China, Ltd., took the stage at the prestigious Asia New Vision Forum, hosted by Caixin Global, to discuss the bank’s application of technology in supporting…
Read MoreElectrified vehicle market poised for rapid growth
APAC electrified vehicle market is projected to reach 23.8 million units by 2026 The Asia-Pacific (APAC) region is set to experience a significant surge in the adoption of electric vehicles (EVs) over the coming years, driven by advancements in battery technology, the expansion of charging infrastructure, favorable government policies, increasing…
Read MorePeaCom launches AI-powered communication solutions
Reshaping the digital landscape in Southeast Asia PeaCom, an AI-powered start-up specializing in multi-channel communication and customer engagement solutions, has announced its official launch in Southeast Asia, beginning with Singapore, Vietnam, Myanmar, and Laos. The company aims to revolutionize the digital landscape by equipping businesses with innovative communication tools that…
Read MoreAustralian innovation competition seeks Australia’s best solutions
$US150K in prizes to reward great Aussie innovation The Australian Innovation Competition has been launched to uncover and recognize exceptional innovations from across the country that offer creative solutions to real-world challenges. The competition welcomes entries from individuals of all ages and backgrounds, aiming to showcase Australia’s ingenuity and untapped…
Read MoreGlobal smart home device shipments decline
Expected to recover in coming years Global shipments of smart home devices experienced a setback in the first quarter of 2023, declining by 5.6 per cent compared to the previous year, according to the latest report from the International Data Corporation (IDC) Worldwide Quarterly Smart Home Device Tracker. The report…
Read MoreEconomic challenges amplify consumer selectivity
The loss is posing challenges for Australian retailers New research conducted by Manhattan Associates reveals that Australian consumers have become more discerning and selective in their purchasing decisions, presenting a significant barrier to local retailers. The study found that 80 per cent of Australians have become more cautious compared to…
Read MoreTragedy of Titanic submersible incident exploited by scammers
Bitdefender Antispam Lab has tracked these tailor made scams starting from June 23 The recent search for the Titanic-bound submersible operated by OceanGate Expeditions ended in tragedy for the five explorers involved. Unfortunately, scammers wasted no time in exploiting the incident for their own gain. Shortly after the US Coast…
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