Asia Tech Wire

TSMC chairman hints that all semiconductor firms outside China are its customers

Vietnam mulls allowing operations of Comac planes

TikTok CEO said to attend Trump inauguration

2025.01.18

06:19

                            Amazon suspends drone delivery service
                        
                            Amazon has suspended its drone delivery service after a drone crashed in the rain.
                        
05:21

                            The very richest Americans are among the biggest winners from President Joe Biden’s time in office, despite his farewell address warning of an “oligarchy” and a “tech industrial complex” that threaten US democracy
                        
05:19

                            People are tipping less at restaurants than they have in at least six years, driven by fatigue over rising prices and growing prompts for tips at places where gratuities haven’t historically been expected
                        
05:02

                            Nasdaq China Golden Dragon Index closed up 3.18%
                        
                            The Nasdaq China Golden Dragon Index closed up 3.18%. Popular Chinese stocks generally rose, with Futu Holdings up nearly 9% and NIO up more than 4%.
                        
04:58

                            41% of companies worldwide plan to reduce workforces by 2030 due to AI
                        
04:33

                            Carfax has said recently that 30% of American cars were overdue for tire rotation and 19% running late for an oil change
                        
04:20

                            40% of Millenials said it’s important to have visible signs of wealth, whether it be purchasing a fancy car, clothing, or place to live
                        
04:15

                            JPMorgan, JPM, says XRP, Solana ETFs could bring in $13.6 billion in first year, if approved
                        
04:13

                            The FTC has announced an action against General Motors, GM, for collecting and selling drivers’ precise geolocation data and driving behavior information from millions of vehicles
                        
04:09

                            UnitedHealth has overcharged some cancer patients for medicine by over 1,000
                        
03:38

                            The annual holdings data of northbound funds was released, and the financial sector received a substantial increase in holdings
                        
                            Data shows that as of the end of the fourth quarter of 2024, northbound funds held a total of 3,383 stocks, with a total holding of approximately 123.74 billion shares and a total holding size of approximately 2.21 trillion yuan. From a full-year perspective, northbound funds have increased their total market value of holdings by approximately 210 billion yuan compared to the end of 2023. Data on heavily-weighted stocks show that northbound funds' holdings are still dominated by leading stocks in core assets. As of the end of the fourth quarter of 2024, CATL was the number one heavily-weighted stock of northbound funds, followed by Kweichow Moutai, Midea Group, China Merchants Bank, and Yangtze Power. It is worth noting that as of the end of the third quarter of 2024, the number one heavily-weighted stock of northbound funds was still Kweichow Moutai.
                        
03:37

                            Coinbase supports the establishment of a strategic Bitcoin reserve
                        
                            Coinbase supports the creation of a strategic Bitcoin reserve.
                        
03:30

                            According to AXIOS: Coinbase supports the establishment of a strategic Bitcoin reserve.
                        
03:25

                            FTC: Microsoft-OpenAI partnership raises antitrust concerns
                        
                            Microsoft's partnership with OpenAI raises antitrust concerns, according to the U.S. Federal Trade Commission (FTC).
                        
02:42

                            OpenAI updates custom instructions
                        
                            OpenAI says it has updated custom instructions to make it easier to customize how ChatGPT responds to clients, and a new user interface is currently available.
                        
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