Hot topics

Going elsewhere?

30.7 C
Singapore
25.3 C
Malaysia
32.6 C
Thailand
27.2 C
Philippines
26.9 C
Indonesia
14 C
Vietnam
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Cambodia
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Myanmar

Cybersecurity

ESET uncovers RansomHub links to rival gangs and highlights emerging EDR killer threats

ESET uncovers RansomHubโ€™s links to rival gangs and reveals its custom EDR killer, signalling new threats in the ransomware landscape.

China-aligned hacker group FamousSparrow resurfaces in cyberattacks

ESET finds China-linked hacker group FamousSparrow still active with upgraded tools, targeting institutions in the US, Mexico and Honduras.

Global tech leaders to explore the future of enterprise at ATxEnterprise 2025

ATxEnterprise 2025 in Singapore will bring together global leaders to explore AI, cybersecurity, and the future of enterprise technology.

Most consumers now back up their data, but cloud storage limits push shift to hybrid solutions

87% of people now back up their data, but cloud limits and rising costs are driving a shift to hybrid storage solutions.

RedCurl group linked to new ransomware strain in first documented attack

Bitdefender uncovers RedCurl's first ransomware campaign, revealing QWCrypt's unique tactics and the group's evolving cyber threat model.

Marketing

Adobe: Redefining digital marketing in APAC through AI and privacy-first personalisation

Discover how Adobe helps APAC brands tackle data privacy, localise content, and embrace AI-driven marketing in a cookieless future.

Adobe introduces AI agents to Experience Cloud to improve customer experience delivery

Adobe unveils AI-powered features in Experience Cloud to help businesses deliver personalised customer journeys and better digital performance.

Adobe introduces new Firefly updates to streamline brand content production at scale

Adobe expands Firefly with video, 3D and GenStudio integration, helping brands scale on-brand content production with ease.

WeChat mini-game advertising sees 113% increase, creating new opportunities for developers

WeChat mini-game ads grew 113% in 2024, opening major growth chances for developers aiming to scale in Chinaโ€™s fast-moving mobile game market.

Duolingoโ€™s Cybertruck stunt โ€˜killsโ€™ mascot Duo, and users canโ€™t get enough

Duolingoโ€™s marketing stunt claims its mascot, Duo the Owl, was hit by a Cybertruckโ€”boosting app engagement and sparking a viral campaign.

Southeast Asia

LinkedIn: How AI is reshaping hiring and workforce strategies in 2025

Discover how AI is transforming hiring and workforce strategies in 2025, from skills-based recruitment to internal mobility and continuous learning.

Kyberlife raises US$3 million to expand healthcare procurement in Southeast Asia

Singaporeโ€™s healthtech startup Kyberlife secures US$3 million to expand its digital procurement platform, streamlining healthcare supply chains in Southeast Asia.

ST Telemedia Global Data Centres gains NVIDIA AI certification to boost AI capabilities

ST Telemedia Global Data Centres has achieved certification under the NVIDIA DGX-Ready Data Center programme, boosting AI capabilities in Southeast Asia.

EduSpaze welcomes seven edtech startups in its 10th cohort to transform learning in Southeast Asia

EduSpaze welcomes seven edtech startups to its 10th cohort, focusing on AI-driven learning, job readiness, mental health, and workforce upskilling.

OPPO and Mobile Legends: Bang Bang launch biggest in-game event with 10,000 smartphones to be won

OPPO and MLBB launch their biggest in-game event, giving away 10,000 smartphones from 28 February to 1 April 2025.

Geek

Lego and Pokรฉmon Company announce long-awaited collaboration

Lego has partnered with The Pokรฉmon Company, and official Pokรฉmon Lego sets will be available in stores in 2026.

Crunchyroll announces cinema release dates for Demon Slayer: Kimetsu no Yaiba Infinity Castle

Crunchyroll announces cinema release dates for Demon Slayer: Kimetsu no Yaiba Infinity Castle, starting 14 August 2025 in Singapore and Malaysia.

Aetherdrift brings high-speed action to Magic: The Gathering fans

MTG's Aetherdrift brings high-speed action, new mechanics, and exclusive collectibles in an epic multiverse race starting 7 February.

Crunchyroll and Sony partners unveil anime adaptation of Ghost of Tsushima: Legends

Crunchyroll, Aniplex, and Sony partners reveal Ghost of Tsushima: Legends anime adaptation, set for a 2027 release exclusively on Crunchyroll.

Evangelion store marks two decades with new merchandise and an anniversary fair

Celebrate 20 years of EVANGELION with exclusive merchandise and special gifts at the anniversary fair, only at the EVANGELION STORE.

Hot topics

Going elsewhere?

30.7 C
Singapore
25.3 C
Malaysia
32.6 C
Thailand
27.2 C
Philippines
26.9 C
Indonesia
14 C
Vietnam
38.2 C
Cambodia
36.4 C
Myanmar

Cybersecurity

ESET uncovers RansomHub links to rival gangs and highlights emerging EDR killer threats

ESET uncovers RansomHubโ€™s links to rival gangs and reveals its custom EDR killer, signalling new threats in the ransomware landscape.

China-aligned hacker group FamousSparrow resurfaces in cyberattacks

ESET finds China-linked hacker group FamousSparrow still active with upgraded tools, targeting institutions in the US, Mexico and Honduras.

Global tech leaders to explore the future of enterprise at ATxEnterprise 2025

ATxEnterprise 2025 in Singapore will bring together global leaders to explore AI, cybersecurity, and the future of enterprise technology.

Most consumers now back up their data, but cloud storage limits push shift to hybrid solutions

87% of people now back up their data, but cloud limits and rising costs are driving a shift to hybrid storage solutions.

RedCurl group linked to new ransomware strain in first documented attack

Bitdefender uncovers RedCurl's first ransomware campaign, revealing QWCrypt's unique tactics and the group's evolving cyber threat model.

Marketing

Adobe: Redefining digital marketing in APAC through AI and privacy-first personalisation

Discover how Adobe helps APAC brands tackle data privacy, localise content, and embrace AI-driven marketing in a cookieless future.

Adobe introduces AI agents to Experience Cloud to improve customer experience delivery

Adobe unveils AI-powered features in Experience Cloud to help businesses deliver personalised customer journeys and better digital performance.

Adobe introduces new Firefly updates to streamline brand content production at scale

Adobe expands Firefly with video, 3D and GenStudio integration, helping brands scale on-brand content production with ease.

WeChat mini-game advertising sees 113% increase, creating new opportunities for developers

WeChat mini-game ads grew 113% in 2024, opening major growth chances for developers aiming to scale in Chinaโ€™s fast-moving mobile game market.

Duolingoโ€™s Cybertruck stunt โ€˜killsโ€™ mascot Duo, and users canโ€™t get enough

Duolingoโ€™s marketing stunt claims its mascot, Duo the Owl, was hit by a Cybertruckโ€”boosting app engagement and sparking a viral campaign.

Southeast Asia

LinkedIn: How AI is reshaping hiring and workforce strategies in 2025

Discover how AI is transforming hiring and workforce strategies in 2025, from skills-based recruitment to internal mobility and continuous learning.

Kyberlife raises US$3 million to expand healthcare procurement in Southeast Asia

Singaporeโ€™s healthtech startup Kyberlife secures US$3 million to expand its digital procurement platform, streamlining healthcare supply chains in Southeast Asia.

ST Telemedia Global Data Centres gains NVIDIA AI certification to boost AI capabilities

ST Telemedia Global Data Centres has achieved certification under the NVIDIA DGX-Ready Data Center programme, boosting AI capabilities in Southeast Asia.

EduSpaze welcomes seven edtech startups in its 10th cohort to transform learning in Southeast Asia

EduSpaze welcomes seven edtech startups to its 10th cohort, focusing on AI-driven learning, job readiness, mental health, and workforce upskilling.

OPPO and Mobile Legends: Bang Bang launch biggest in-game event with 10,000 smartphones to be won

OPPO and MLBB launch their biggest in-game event, giving away 10,000 smartphones from 28 February to 1 April 2025.

Geek

Lego and Pokรฉmon Company announce long-awaited collaboration

Lego has partnered with The Pokรฉmon Company, and official Pokรฉmon Lego sets will be available in stores in 2026.

Crunchyroll announces cinema release dates for Demon Slayer: Kimetsu no Yaiba Infinity Castle

Crunchyroll announces cinema release dates for Demon Slayer: Kimetsu no Yaiba Infinity Castle, starting 14 August 2025 in Singapore and Malaysia.

Aetherdrift brings high-speed action to Magic: The Gathering fans

MTG's Aetherdrift brings high-speed action, new mechanics, and exclusive collectibles in an epic multiverse race starting 7 February.

Crunchyroll and Sony partners unveil anime adaptation of Ghost of Tsushima: Legends

Crunchyroll, Aniplex, and Sony partners reveal Ghost of Tsushima: Legends anime adaptation, set for a 2027 release exclusively on Crunchyroll.

Evangelion store marks two decades with new merchandise and an anniversary fair

Celebrate 20 years of EVANGELION with exclusive merchandise and special gifts at the anniversary fair, only at the EVANGELION STORE.
Monday, 31 March 2025
30.7 C
Singapore
32.6 C
Thailand
26.9 C
Indonesia
27.2 C
Philippines

Intel announces major layoffs and halts non-essential work amid significant losses

Intel announces plans to lay off over 15,000 employees and halt non-essential work, aiming to save US$10 billion by 2025 amid significant financial losses.

In response to ongoing financial struggles, Intel has revealed plans to lay off more than 15,000 employees and halt all non-essential work. This bold move aims to save the company US$10 billion by 2025.

Major workforce reduction

Intel will reduce its workforce by over 15%, equating to more than 15,000 employees losing their jobs over the next few months. This step is part of Intelโ€™s broader strategy for substantial cost savings.

Intelโ€™s CEO, Pat Gelsinger, told employees the news in a memo. He mentioned, โ€œWe have moved our all-company meeting to today, following our earnings call, as we are announcing significant actions to reduce our costs. We plan to deliver US$10 billion in cost savings in 2025, reducing our headcount by roughly 15,000 roles, or 15% of our workforce. Most of these actions will be completed by the end of this year.โ€

Financial struggles

Intelโ€™s Q2 earnings report painted a bleak picture. The company reported a loss of US$1.6 billion, a significant increase from the US$437 million loss in the previous quarter. Gelsinger stated, โ€œOur Q2 financial performance was disappointing, even as we hit key product and process technology milestones. Second-half trends are more challenging than we previously expected, and we are leveraging our new operating model to take decisive actions that will improve operating and capital efficiencies while accelerating our IDM 2.0 transformation.โ€

The losses primarily come from Intelโ€™s chipmaking Foundry business, which invests heavily in keeping pace with competitors like TSMC. However, Intelโ€™s PC and server businesses remain profitable despite increasing challenges. Following Appleโ€™s lead, PC manufacturers are gradually switching from Intel chips to ARM-based solutions. Microsoftโ€™s Surface Pro and Surface Laptop recently transitioned to Qualcommโ€™s new Snapdragon X Elite chips.

Additional challenges and future steps

Adding to Intelโ€™s woes, the company is dealing with a voltage issue related to its 13th and 14th Gen desktop processors, forcing it to extend warranties for these chips by an additional two years.

Apart from the layoffs, Gelsinger emphasised that Intel will become leaner and simpler by stopping non-essential work and eliminating overlapping areas of responsibility. The aim is to streamline operations and focus on core activities that drive the company forward.

These measures underscore Intelโ€™s commitment to reversing its fortunes and navigating these challenging times. By taking decisive action now, Intel hopes to position itself for a more stable and profitable future.

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Learn how Chinese EV makers are revolutionising Southeast Asiaโ€™s automotive market with innovative strategies, sustainable solutions, and rapid growth.

Intelโ€™s future in the GPU market looks uncertain

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Google Pixel 9a arrives in Singapore this April for S$799

The Google Pixel 9a launches in Singapore in April 2025 with a Tensor G4 chip, 48MP camera, and seven years of updates, starting at S$799.

Fujifilm unveils GFX100RF: A 102MP medium format compact camera

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Android Auto beta now supports full-screen gaming

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LinkedIn: How AI is reshaping hiring and workforce strategies in 2025

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Fitbit users now have until 2026 to migrate to Google accounts

Fitbit users now have until February 2, 2026, to migrate their accounts to Google accounts or risk losing their data and service access.

Microsoft removes Windows 11 loophole for skipping account setup

Microsoft is blocking a well-known workaround that lets you set up Windows 11 without a Microsoft account, enforcing stricter installation rules.

Samsungโ€™s latest vacuum alerts you to calls and texts while you clean

Samsungโ€™s new Bespoke AI Jet Ultra vacuum can alert you to calls and texts while cleaning as the brand expands smart home screens across appliances.

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