AI drug discovery unicorn Insilico Medicine is set to sign a deal with Saudi Arabia’s Aramco and a subsidiary during Hong Kong leader John Lee Ka-chiu’s official visit to the country. Source link
Read More »Chinese semiconductors could fall decades behind under US chip ban: analysts
Without foreign technology, it could take at least 20 years for China to regain lost ground, industry consultant says following Washington’s latest move to restrict access to advanced chip-making equipment. Source link
Read More »Google parent company to lay off 12,000 workers
Cuts come at a delicate moment for the US company, which has long been the leader in key areas of AI research. It follows a raft of layoffs in the tech sector recently. Source link
Read More »Amazon to slash more than 18,000 jobs, CEO says
It’s the largest set of lay-offs in Amazon’s history, although just a fraction of its 1.5 million global workforce. Source link
Read More »Don’t expect US-China relations to improve in 2023
Xi and Biden may have managed to avoid a US-China conflict in 2022, but their meeting won’t change the long-term course of bilateral relations. As long as Washington sees China as a threat to be contained, its provocations are unlikely to cease. Source link
Read More »Hong Kong’s top scientific breakthroughs to go on public display next month
Event wants to ‘inspire youngsters to develop an interest in science and innovation’, says advisory group convenor, Tsui Lap-chee. Source link
Read More »Amazon to cut 10,000 jobs in largest-ever lay-offs
The online retail giant is the latest US company to make big job cuts to brace for a potential economic downturn, following firms like Meta and Twitter. Source link
Read More »Indian tech, finance workers set to benefit from Hong Kong’s pursuit of talent
Hong Kong needs to further relax policies on recognition of credentials to attract more Indian talent, stave off competition from Singapore and Dubai, analyst notes. Source link
Read More »Microsoft plans 1,000 new jobs in China despite slumping economy
The US technology giant says it will grow its workforce in China to over 10,000 next year, up from roughly 9,000 currently. Source link
Read More »Will Thai visa scheme for wealthy foreigners be ‘a big win’ for economy?
Scheme aims to attract 1 million wealthy or talented foreigners to Thailand over the next five years to contribute 1 trillion baht to the economy. Source link
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