TLDRs: South Korean banks adopt AI systems to detect and prevent rising voice phishing scams. New no-fault liability rules make…
Author: Newton Kitonga
Newton Kitonga
Newton Kitonga is a lawyer and crypto enthusiast. He has over five years of experience analyzing derivative markets, FinTech, research, and Decentralized Finance.
TLDRs: Krutrim, Ola’s AI division, laid off 50 linguistics staff in its third round since June. Over 200 employees have…
TLDRs: South Korea’s 2026 budget boosts AI and deep tech funding for startups. Government allocates $12.3B, including re-challenge fund for…
TLDRs: Panasonic invests $374M in Czech plant, boosting European heat pump production capacity. European heat pump market projected to reach…
TLDRs: Dormakaba shares fell 6.31% despite full-year net profit surpassing analyst expectations. Strong cost-cutting and diversified markets helped offset weaker…
TLDRs: Eight US and Indian firms launch $1B alliance funding early-stage Indian deep tech startups. Alliance focuses on AI, semiconductors,…
TLDRs: TSMC partners with Bavaria to launch an AI chip R&D center at Technical University of Munich. MACHT-AI will focus…
TLDRs: DeepSeek now requires visible labels for all AI content to meet China’s transparency rules. Hidden metadata with unique IDs…
TLDRs; Tesla’s European market share fell to 1.7% in 2025, while BYD achieved record-breaking growth despite tariffs. France, Sweden, Denmark,…
TLDRs; Salesforce cut 4,000 customer service jobs, reducing its support workforce by nearly half as AI takes over. AI now…
TLDRs; Tesla’s luxury-first strategy clashes with India’s price-sensitive EV market, limiting early adoption despite global brand strength. Model Y’s $68,000…
TLDRs; Samsung stock dropped 3% Friday before rebounding 2.22% Monday after US revoked chip equipment export authorizations. SK Hynix fell…
TLDRs; Amazon to invest $4.4B in New Zealand AWS data centers, adding $10.8B to GDP and 1,000 jobs. New AWS…
TLDRs; G42 seeks to diversify chip supply, considering AMD, Qualcomm, and Cerebras alongside Nvidia for its AI campus. Major U.S.…
TLDRs TSMC, Foxconn, Hyundai, Disney, and others adopt Nvidia RTX Pro Servers to strengthen enterprise-scale AI infrastructure. Nvidia’s servers feature…
TLDRs; Tesla cut the price of its long-range Model 3 in China by nearly 4%, starting at 259,500 yuan. The…
TLDRs; South Korea fined AliExpress Korea US$1.5M for deceptive pricing practices involving inflated “original” prices on thousands of products. Affiliates…
TLDRs; TSMC extends trade secrets system to US and Europe to secure global supply chain confidentiality. The system has logged…
TLDRs; BYD’s profit rose 14% to US$2.1 billion in H1 2025, supported by strong global EV demand. Revenue jumped 23%…
TLDRs: China could operate 300,000 driverless taxis in major cities by 2030, UBS predicts. Robotaxis may reach 4 million nationwide…
TLDRs: SentinelOne shares jumped 9% after raising annual revenue forecast on strong Q2 results. Q2 revenue rose 22% year-on-year to…
