Tencent growth slows as domestic gaming falls
Chinese internet giant Tencent registered slowing revenue growth in the final quarter of 2023, with weaknesses in its gaming businesses offsetting strong gains in advertising.
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Spark boosts cybersecurity protections
Spark New Zealand began beefing up its protections against cybersecurity risks, with plans to introduce an automated SMS scam firewall and fresh filters.
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Smartphones drive Xiaomi sales rebound
Chinese device maker Xiaomi saw revenue growth rebound in the final quarter of 2023, driven by double-digit gains in smartphone sales, with net profit jumping sharply on one-offs.
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US mulls sanctioning Huawei-linked chipmakers
The US government is reportedly weighing new measures against Chinese chipmakers behind Huawei narrowing the technological gap with western companies, revealed with the release of the Mate 60 Pro despite tighter sanctions.
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Google faces fresh probe in India
Google found itself once again targeted by India's competition watchdog, which kicked off a probe following complaints by domestic start-ups about the search giant's in-app payment fees, Reuters reported.
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US lures expanded chip investment with fresh awards
Samsung looked set to secure incentives worth more than $6 billion from the US government, with Bloomberg reporting the company was in talks with the nation's Department of Commerce over building another chip manufacturing facility in the country.
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Foxconn forecasts sales growth after profit spike
Foxconn registered a spike in profit growth in Q4 despite falling sales in the quarter, driven by demand for cloud and networking gear to power AI applications.
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KDDI establishes metaverse alliance
KDDI teamed with three local partners to form the Open Metaverse Network, an alliance combining their expertise to offer consulting services and build tailor made platforms for businesses.
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Australia search code aims to limit child-abuse material, AI misuse
A new online safety code in Australia requires all search engines to take measures to reduce the risk of child sexual abuse material appearing in their results and ensure AI is not misused to create deep fakes of the harmful content.
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Singtel CEO insists open APIs can drive revenue gains
INTERVIEW: Singtel Group CEO Yuen Kuan Moon (pictured) told Mobile World Live the GSMA's Open Gateway initiative holds the potential to give mobile operators the tools to create new revenue streams, such as enabling banks and consumers to reduce fraud by making transactions more secure.
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