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E-commerce and warehouse construction activity are showing signs of recovery, which could lead to increased demand for automation tools, according to Interact Analysis. A robot works with boxes on a conveyor belt in a warehouse. imaginima via Getty Images Brief: The warehouse automation industry’s growth rate could return to double digits by 2025 after a recentRead more

AI, or artificial intelligence, has emerged as a significant technological advancement, comparable to the invention of the internet, electricity, and the steam engine. We are currently witnessing a digital transformation, and the future trajectory of AI remains unpredictable. While it may still be years away, AI has the potential to revolutionize industries in a matterRead more

Seven leading companies in artificial intelligence have committed to managing risks posed by the tech, the White House has said. This will include testing the security of AI, and making the results of those tests public. Representatives from Amazon, Anthropic, Google, Inflection, Meta, Microsoft, and OpenAI joined US President Joe Biden to make the announcement.Read more

Photo credit: Line Man Wongnai Thai food delivery giant Line Man Wongnai announced today that it has acquired FoodStory, a startup specializing in restaurant point-of-sale (POS) systems, for an undisclosed amount. The acquisition aims to strengthen Line Man Wongnai’s restaurant management operations, including its POS system and mobile merchant app. Founded in 2012, FoodStory provides dine-in and deliveryRead more

Reuters Malaysia’s Prime Minister Anwar Ibrahim speaks during a news conference to announce his cabinet at Putrajaya, Malaysia December 2, 2022. REUTERS/Hasnoor Hussain/File Photo KUALA LUMPUR, July 14 (Reuters) – Malaysian Prime Minister Anwar Ibrahim said on Friday he held a call with billionaire Elon Musk to discuss automaker Tesla’s investment in the country andRead more

The sheer amount of rubbish produced globally per year is hard to fathom There is a lot of rubbish in the world. Approximately 2.24 billion tonnes of solid waste was produced in 2020, according to the World Bank. It says the figure is likely to rise by 73% to 3.88 billion tonnes by 2050. Plastic is particularlyRead more

Maxis Bhd’s wholly owned subsidiary Maxis Broadband has intended to execute the Access Agreement for Maxis to gain access to the 5G products and services provided on a wholesale basis by Digital Nasional Bhd (DNB), including the national 5G wholesale network product. In a filing with Bursa Malaysia, Maxis believes that it is in theRead more

Higher-than-expected US employment data indicates that the Federal Reserve will maintain its aggressive stance, says analyst. Business and financial concept on stack of money background flat lay. The ringgit ended the week lower against the US dollar today amid growing concerns about a potential rate hike in the July US Federal Reserve (Fed) policy meeting,Read more

IT sellers are rolling out an avalanche of new generative AI features, leaving CIOs overwhelmed and workers confused The complexity of the generative AI landscape is challenging, chief information officers say. PHOTO: ALY SONG/REUTERS Businesses are facing an influx of new artificial-intelligence tools, many of which overlap and cause confusion for employees, as corporate-technology sellers race toRead more

Maxis to ink 5G access agreement soon Maxis is expected to ink the 5G access agreement to pave the way for commercial 5G rollout soon. RHB Research stated in a note that the telco’s group chief executive officer Goh Seon Eng has confirmed that the agreement is a foregone conclusion. “Significantly, we gather discussions areRead more