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Tag: Financial

Shoppers rush to Apple Stores as price fears grow

US iPhone buyers rush to stores as tariffs rise; Apple flies in stock to avoid price hikes, while Singapore braces for possible increases.

Airwallex reports strong revenue growth in Singapore and reveals SME trends for 2025

Airwallex reports 153% revenue growth in Singapore for 2024 and unveils SME trends shaping business outlook in 2025.

Qualcomm expands AI research with MovianAI acquisition

Qualcomm has acquired Vietnamese AI research firm MovianAI to boost its AI development in smartphones, PCs, and software-defined vehicles.

Huawei reports 38% revenue surge as smartphone sales soar

Despite US sanctions, Huawei’s consumer business revenue surged 38% in 2024, driven by strong smartphone sales and home-grown chip production.

Elon Musk’s xAI acquires X for US$33 billion in an all-stock deal

Elon Musk’s xAI acquires X in a US$33 billion all-stock deal, merging AI with social media for smarter user experiences.

Xiaomi surpasses CNY100 billion in Q4 2024 revenue, but EVs aren’t the main driver

Xiaomi reports record-breaking Q4 2024 revenue, surpassing CNY100 billion. Smartphones remain its biggest earner, while EVs boost brand image.

Joby and Virgin Atlantic to launch air taxi service in the UK

Joby and Virgin Atlantic are set to launch an electric air taxi service in the UK, promising faster and eco-friendly travel. Learn more about the plans.

Trump proposes US crypto reserve, raising concerns over economic impact

Trump proposes a US Crypto Reserve, raising concerns about its impact on the economy and the dollar. Could this move benefit crypto donors over taxpayers?

Taiwan’s chipmakers weigh U.S. factories to sidestep tariffs

Taiwan’s chipmakers face a tough choice: build costly U.S. factories or absorb high tariffs as Trump pushes for local semiconductor production.

Hong Kong hosts major Web3 event as it pushes to become a virtual asset hub

Consensus Hong Kong tests the city's ambitions as a crypto hub while global interest in virtual assets grows. Industry leaders discuss key trends.

Broadcom and TSMC are reportedly considering deals to break up Intel

Broadcom and TSMC are reportedly exploring deals to acquire parts of Intel, with potential concerns over foreign control of US chip factories.

Airbnb CEO says AI trip planning is still not ready

According to CEO Brian Chesky, Airbnb will introduce AI-powered customer support this summer but says AI trip planning is not yet ready.