Hong Kong has ranked eighth globally in a smart cities index by a local university, outperforming many of its peers in Asia, including Seoul and Singapore. Polytechnic University published the International Society for Urban Informatics (ISUI) Smart City Index 2025 on Wednesday, with Hong Kong performing strongly in areas such as economy and governance, but…
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Key Points GAAP revenue rose 11% to $130.9 million in Q1 fiscal 2026, driven by strong On Device Solutions (ODS) performance. Non-GAAP adjusted EBITDA increased 73% to $25.1 million, while GAAP net loss narrowed to $14.1 million. Management raised full-year revenue and adjusted EBITDA guidance. Digital Turbine(NASDAQ:APPS), a software company specializing in mobile app distribution…
Prosecutors say two men ‘knowingly and willfully’ used California-based company to evade export controls on AI chips. Authorities in the United States have charged two Chinese citizens with shipping tens of millions of dollars’ worth of advanced Nvidia chips to China in breach of export controls. Chuan Geng and Shiwei Yang are alleged to have…
NEW YORK (AP) — U.S. stock indexes are slipping Tuesday following the latest discouraging signal on the U.S. economy. The S&P 500 was down 0.4% in afternoon trading, coming off its best day since May, which followed its worst day since May. The Dow Jones Industrial Average was down 49 points, or 0.1%, as of…
Premium collection of dark, milk and white chocolates. Anna Kurzaeva | Moment | Getty Images U.S. buyers of Swiss products, from luxury watches and skincare to artisan chocolates, could soon face sharp price rises if negotiators are unable to strike a deal to avert 39% tariffs due to come into effect on Thursday. The announcement…
Check out the companies making headlines in extended trading: Palantir — The defense technology stock advanced 4% after second-quarter earnings exceeded Wall Street’s expectations. Palantir said it reported adjusted earnings of 16 cents per share on $1 billion in revenue, while analysts polled by LSEG anticipated 14 cents in earnings per share and $940 million…
Students from Gurukul School of Art, carry a poster of Prime Minister of India Narendra Modi and U.S. President Donald Trump on India outside their school. U.S. President Donald Trump imposed a 25% tariff on India along with penalties for buying oil and military equipments from Russia. Sopa Images | Lightrocket | Getty Images India…
The Hong Kong Trade Development Council (HKTDC) will form a “strategic alliance” with the Bank of China (BOC) to get mainland Chinese companies to rely on the city as a “superconnector” as they venture overseas, its new chairman, Frederick Ma Si-hang, has said. The council’s new task would be part of an expansion of its…
Americans could see inflation tick higher in 2025 as businesses start to pass on the cost of the Trump administration’s tariffs to consumers through price hikes, Beth Hammack, president and CEO of the Federal Reserve Bank of Cleveland, told CBS News’ Kelly O’Grady in an interview. So far this year, inflation has remained relatively muted…