For decades, patents have been a bone of contention in the technology world, seen by some as a way to protect intellectual property, but by critics as a blunt weapon against innovation. In the age of AI, they are once again getting revisited. New York startup Patlytics has developed an AI-enabled patent analytics platform to [β¦]
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South Korean officials on Saturday temporarily restricted Chinese AI Lab DeepSeekβs app from being downloaded from app stores in the country pending an assessment of how the Chinese company handles user data. The Personal Information Protection Commission (PIPC) said the Chinese app would be available to be downloaded once it complies with Korean privacy laws [β¦]
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UX and UI designers work closely with engineers throughout product development to build and implement design concepts and wireframes for functional user interfaces. Regular communication, feedback, and testing are required for the collaboration to work smoothly and deliver a user experience that aligns with the intended design goals. Nick Budden, a serial entrepreneur who used [β¦]
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Big Tech and pharmaceutical companies are accelerating the implementation of artificial intelligence in the healthcare industry. Just last month, AWS and General Catalyst announced their partnership to speed up the development and deployment of healthcare AI tools. GE Healthcare teamed up with AWS to build generative AI for medical use in 2024. Β Now, a [β¦]
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Medical imaging is crucial for the timely identification of serious diseases like cancer. However, manual interpretation of scans is a time-intensive process. Healthcare professionals increasingly use AI-powered tools for diagnostic purposes, as such technologies can be very effective in detecting and categorizing diseases. A Sydney, Australia-headquartered startup, Harrison.ai, has built AI-enabled medical diagnostic software and [β¦]
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On the heels of Chinese AI firm DeepSeek making a huge splash in OpenAIβs American backyard, OpenAI is expanding in Asia, with major commercial deals that will also help it train its AI on more Asian-language content and user behavior β a gateway to doing more business in these markets in the future on its [β¦]
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Itβs never been easier to create and publish art than it is now, and if you believe the companies building tech around AI, the production process is going to get even more efficient. Thatβs especially the case with video production, with companies of all sizes using large language models to build tools that let you [β¦]
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A Seoul appeals court on Monday upheld the acquittal of Samsung Electronics Executive Chairman Jay Y. Lee in accounting fraud and stock manipulation in a case related to a controversial 2015 merger of two Samsung affiliates, Cheil Industries and Samsung C&T. The Seoul High Court dismissed the prosecutionβs appeal in the case involving Lee, who [β¦]
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LG Electronics is betting on robotics as its next big growth driver. The South Korean electronics company said on Friday that it has agreed to acquire an additional 30% stake in Bear Robotics, a California-based startup it previously backed that is building AI-powered server robots for restaurants. The deal gives LG a majority ownership of [β¦]
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Indonesiaβs antitrust agency KPPU fined Google 202.5 billion Rupiahs, equivalent to $12.6 million, on Wednesday for antitrust violation related to its payment system services for the Google Play Store. The KPPU ordered the search giant to cease the mandatory use of Google Play Billing in the Google Play Store. It also asked Google to let [β¦]
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Nvidia has been doubling down on the opportunity to build robotics and other industrial AI applications, with the launch of its Omniverse platform, and most recently Mega, an Omniverse Blueprint framework to create digital twins to operate these applications. Itβs also investing in digital twin startups to get the effort off the ground. Taiwanβs MetAI [β¦]
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Samsung Electronics said on Tuesday that it has become the largest shareholder of South Korea-based robotics maker Rainbow Robotics, increasing its stake from 14.7% to 35% for KRW 267 billion (about $181 billion). The electronics giant, which paid KRW 86.8 billion (about $59 billion) for the 14.7% stake in 2023, said it is acquiring the [β¦]
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Alongside the rising adoption and value of crypto assets, theft is also on the rise. This year, the total value of cryptocurrency stolen surged 21%, reaching a substantial $2.2 billion. And according to a Chainalysis report released on Thursday, more than half of this amount was stolen by North Korea-affiliated hacking groups. Earlier this year, [β¦]
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Small and medium-sized enterprises (SMEs) account for nearly 50% of Southeast Asiaβs GDP, contributing to job creation, innovation, and overall economic expansion. Nevertheless, as in other parts of the world, SMEs in Southeast Asia face challenges when it comes to sufficient working capital. In a nutshell, SMEs are typically deemed too risky for traditional banks [β¦]
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South Koreaβs antitrust watchdog has fined Kakao Mobility, the ride-hailing unit of Korean tech firm Kakao, $10.5 million (KRW 15.1 billion) for limiting competitorsβ access to its taxi app β lowering the penalty from an initial fine of $50.3 million (KRW 72.4 billion) as the earlier sanction was based on an overestimated calculation of the [β¦]
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Financial advisors have a big hurdle when it comes to finding new clients: Cold outreach rarely works. Often, the only way to find a good prospect is to tap your network for warm intros, or trawl platforms like LinkedIn, Pitchbook or ZoomInfo in hopes of landing a meeting, which may or may not convert. Eden [β¦]
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CarDekho SEA, a Singapore-based auto financing service platform, has raised $60 million in equity, valuing the company at over $300 million, from Navis Capital Partners and Dragon Fund. This is its first round of external funding, following a previous investment of $40 million from its parent company, CarDekho Group. The company, the Southeast Asia unit [β¦]
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Sometimes, the easiest way to find a great idea for a startup is to look beyond the current problem youβre solving for your customers. Thatβs exactly what worked for the founders of KPay. Davis Chan and his co-founders previously helped small and medium-sized merchants optimize their revenue and traffic in Asia, but they eventually noticed [β¦]
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Amazon Japan has said it will collaborate with Japan Fair Trade Commission (JFTC) after the watchdog conducted an on-site inspection related to suspected violations of anti-monopoly laws. The e-commerce giant is under suspicion of inappropriately urging vendors to lower their prices on its online shopping platform in return for better product placement, as first reported [β¦]
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South Korean prosecutors sought a five-year prison sentence and a 500 million KRW fine, equivalent to $375,000, for Samsung Electronics chief Jay Y. Lee at an appeals court on Monday. The appeals case comes 10 months after Lee and 13 former Samsung executives were originally acquitted of manipulating stock prices and committing accounting fraud in [β¦]
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