Three key government departments have been picked to test the use of AI to improve efficiency without incurring additional costs, Hong Kong’s innovation chief has said, urging the public not to equate its usage with job cuts. Secretary for Innovation, Technology and Industry Sun Dong revealed on Saturday that the Companies Registry, the Transport Department…
Apple Inc. has created a ChatGPT-style iPhone application to support the development of a major overhaul of its voice assistant, Siri, expected to launch next year, according to sources familiar with the matter, reported Bloomberg. Veritas: Internal Testing Tool The app, reportedly known internally as Veritas—Latin for “truth”—allows Apple employees to test new AI-driven features…
Apple is building a ChatGPT-like iPhone app to test a revamped version of Siri. Still, the tool is restricted to internal testing only and will not be released to consumers, Bloomberg reported Friday (Sept. 26). The app lets Apple engineers experiment with features such as searching through emails and music or completing in-app tasks like…
Hong Kong police recorded HK$3.6 billion (US$463 million) in technology crime losses in the first seven months of 2025, an 18 per cent increase year-on-year despite a decrease in the number of cases, as cybercriminals become more adept at identifying high-value targets using artificial intelligence. Rachel Hui Yee-wai, superintendent at the force’s cyber security and…
Hong Kong police recorded HK$3.6 billion (US$463 million) in technology crime losses in the first seven months of 2025, an 18 per cent increase year-on-year despite a decrease in the number of cases, as cybercriminals become more adept at identifying high-value targets using artificial intelligence. Rachel Hui Yee-wai, superintendent at the force’s cyber security and…
The record-setting rally in stocks is stumbling this week. US stocks dropped on Thursday as traders took in strong economic data, revised their expectations for Fed rate cuts, and took in wearing momentum in the AI trade. All three major US indexes slipped lower in the early morning, putting them on track for their third…
Three in five multinational companies expect costs to rise due to ongoing geopolitical uncertainties, which is spurring their adoption of artificial intelligence and smart manufacturing to offset financial pressure, according to a Standard Chartered survey on Wednesday. About 62 per cent of top executives surveyed predicted cost increases of 5 to 14 per cent in…
Some of the mainland firms currently looking to list in the city include China Micro Semicon (Shenzhen), Suzhou Dongshan Precision Manufacturing and Mech-Mind Robotics Technologies. “The Hong Kong market has had a strong rally this year, with international investors chasing mainland technology companies, particularly semiconductor, AI and robotics companies,” said Tom Chan Pak-lam, permanent honorary…
Some of the mainland firms currently looking to list in the city include China Micro Semicon (Shenzhen), Suzhou Dongshan Precision Manufacturing and Mech-Mind Robotics Technologies. “The Hong Kong market has had a strong rally this year, with international investors chasing mainland technology companies, particularly semiconductor, AI and robotics companies,” said Tom Chan Pak-lam, permanent honorary…
Hong Kong’s economic story has always unfolded in cycles of innovation. Finance made it a global hub. Real estate later became a backbone. Both engines now face structural limits. As global competition intensifies, the question is what Hong Kong’s new growth engine will be. The policy address offers a clear signal: artificial intelligence (AI) is…