"We want to attract global unicorns to enter Malaysia, so that high-skilled and high-value jobs are created, besides developing a pipeline of future entrepreneurs and senior leaders in tech," Minister Rafizi Ramli said at the KL20 Summit, aimed at launching new policies to support Malaysian start-ups.
Microsoft shared insights into their year-long experience deploying Copilot across the company. The rollout was there to understand how AI could improve employee workflows and boost overall productivity. It was important to prioritize functions that would benefit most from AI integration. Sales and customer support were initial targets as these roles heavily relied on product […]
This month, at the 2024 Business, Government & Society Forum at Stanford Graduate School of Business, Sundar Pichai, CEO of Google, spoke about the importance of companies taking responsibility for the impact they have on society.
China on Friday published measures aimed at promoting overseas investment in the country's technology sector, in a latest bid to attract foreign investors amid signs some are considering shifting away from the world's second-largest economy. China will support overseas institutions to issue yuan bonds in the country, and also encourage tech companies, including foreign-invested ones, to raise money via bond issuance, the commerce ministry said in a statement. The government will also facilitate...
The tech industry faces a pressing challenge: the declining presence of women in leadership roles. Post-pandemic, there was a rebound in the general workforce participation rates of women. Yet, in 2023, Forbes highlighted that the tech sector remains a concerning outlier.The representation of women in tech leadership roles has actually declined from 35% in 1984 to 28% in 2023. This marks a regressive trend in an otherwise forward-thinking industry.To address this, some tech companies are...
Japan's Prime Minister is lobbying for support from American executives for the Asian country's tech sector.
Aaron LaBerge, chief technology officer of Disney Entertainment and ESPN, announced Monday that he is departing the Burbank-based media giant and will join casino and sports-betting company Penn Entertainment. LaBerge will step into his new role as chief technology officer of Penn Entertainment in July, according to the Pennsylvania-based corporation, which offers integrated entertainment, sports content and casino gaming experiences. He has spent more than 20 years at Disney, where he...
There are now no UK companies among the top 50 largest listed companies in the world, as the British economy has struggled to compete with the dominance of American tech firms.
Canada’s Parliament is considering a tax on digital services revenue that would impact the world’s biggest tech companies. The legislation would cover companies’ digital services revenue made from Canadian users, imposing a 3% tax on the revenue above 20 million Canadian dollars (about $14.5 million), Bloomberg reported Wednesday (April 17). It would apply only to companies […]
Profit growth momentum of the so-called Big Six technology stocks could “collapse” over the next few quarters, UBS Global Research strategists said on Monday, downgrading its rating on the mega-cap companies. Growth in earnings per share (EPS) of the “Big 6 TECH+” stocks—Apple, Amazon.com, Alphabet, Meta, Microsoft, and Nvidia—was projected to decline to 15.5% by the first quarter of 2025, from 42.2% estimated for the same period this year, strategists led by Jonathan Golub said. “Our...
The ongoing revolution in artificial intelligence has the potential to dramatically improve our lives—from the way we work to what we do to stay healthy. Yet ensuring that America and other democracies can help shape the trajectory of this technology requires going beyond the tech development taking place at private companies. Research at universities drove…