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Globe unit bets big on 'property tech' with Housify: Globe Telecom's venture builder wants to help real estate brokers make sales more quickly.
news.abs-cbn.com/business/2024/2/19/globe-unit-bets-big-on-property-tech-with-housify-1323
Globe unit bets big on 'property tech' with Housify
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Explainer: What is so special about TikTok's technology: The content recommendation algorithm that powers the online short video platform TikTok has once again ...
reut.rs/3xVKNtC
Explainer: What is so special about TikTok's technology
Quick Glance: ByteDance Would Consider Closing TikTok in US Over Sale, Sources Claim
  • ByteDance would prefer to cease TikTok operations rather than engage in a sale if all legal avenues are exhausted to combat potential legislation banning the platform in US app stores, as per four sources.

  • Despite TikTok's massive popularity with over a billion users, it remains unprofitable, contributing a small fraction to ByteDance's overall revenues and daily active user base.

  • ByteDance stated on Thursday in a release on Toutiao, a media platform it possesses, that there are no intentions to sell TikTok, in response to claims from The Information about ByteDance exploring sale scenarios for TikTok's US operations excluding the recommending algorithm for user videos.

  • As of December, ByteDance's valuation stood at $268 billion when it proposed a buyback of approximately $5 billion in shares from investors.
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Tesla could start selling Optimus robots by the end of next year, Musk says: Tesla's humanoid robot is still in the lab, but it may be ready to sell as soon as ...
reuters.com/technology/tesla-could-start-selling-optimus-robots-by-end-next-year-musk-says-2024-04-24/
Tesla could start selling Optimus robots by the end of next year ...
Quick Glance: Tesla aims to potentially launch its humanoid robot Optimus next year, Elon Musk suggests
  • Elon Musk hinted at the possibility of Tesla introducing its humanoid robot Optimus to the market next year. The company plans to deploy the robot in its own factory by the year's end.

  • Not long ago, Tesla revealed “Optimus Gen 2”, a new iteration of its humanoid robot designed to assume repetitive human tasks.

  • Tesla's confidence in achieving this stems from its utilization of AI technologies in the self-driving vehicle sector and its proficiency in battery and electric motor innovations. The notion that its vehicles are essentially robots on wheels was posited.

  • Envisioning a future where households incorporate a Tesla Optimus robot that assumes various manufacturing and service roles, the CEO's perspective is clear.
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Howoge and Berlinovo buy real estate from Vonovia for 700 million euros: Now it is official: The state-owned Berlin housing companies Howoge and Berlinovo have ...
iz.de/transaktionen/news/-howoge-und-berlinovo-kaufen-immobilien-von-vonovia-fuer-700-mio.-euro-2000025025
Howoge and Berlinovo buy real estate from Vonovia for 700 million euros
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Russia prepares 128-core server platform for supercomputers: Report: Russia reportedly preps a supercomputer platform based on a 128-core server platform but it ...
tomshardware.com/desktops/servers/russia-prepares-128-core-server-platform-for-supercomputers-report
Russia prepares 128-core server platform for supercomputers: Report
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Google parent Alphabet announces first-ever dividend, shares soar: Alphabet announced its first-ever dividend on Thursday and a $70 billion stock buybuck ...
reuters.com/technology/google-parent-alphabet-announces-first-ever-divided-20-cents-per-share-2024-04-25/
Google parent Alphabet announces first-ever dividend, shares soar
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Apple renews talks with OpenAI for iPhone generative AI features, Bloomberg News reports
reuters.com/technology/apple-renews-talks-with-openai-iphone-generative-ai-features-bloomberg-news-2024-04-26/
Apple renews talks with OpenAI for iPhone generative AI features ...
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Branicks will launch renewable energy funds: Branicks (formerly DIC Asset) is planning to diversify its fund offering towards renewable energies ...
iz.de/unternehmen/news/-branicks-wird-fonds-fuer-erneuerbare-energien-auflegen-2000025068
Branicks will launch renewable energy funds
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Rewe is distancing itself from the delivery service Flink: Rewe has indicated its willingness to divest itself of its stake in the fast delivery service Flink ...
iz.de/unternehmen/news/-rewe-geht-auf-distanz-zum-lieferdienst-flink-2000024952
Rewe is distancing itself from the delivery service Flink
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Rents on the Berlin housing market continue to rise: The situation on the Berlin rental housing market remains tense. As a result, the asking rents rose by 18 ...
iz.de/maerkte/news/-mieten-auf-dem-berliner-wohnungsmarkt-ziehen-weiter-an-2000024886
Rents on the Berlin housing market continue to rise
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La Liga branded ‘embarrassing’ by Barcelona for lack of goal-line technology in Real Madrid’s controversial El Clásico win
cnn.com/2024/04/22/sport/la-liga-goal-line-technology-el-clasico-spt-intl/
La Liga branded ‘embarrassing’ by Barcelona for lack of goal-line ...
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Three high-rise buildings instead of parking spaces in Jena: For many years, the urban development of Eichplatz in the heart of the city center has been debated ...
iz.de/projekte/news/-drei-hochhaeuser-statt-parkplatz-in-jena-2000025027
Three high-rise buildings instead of parking spaces in Jena
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No Tech for Apartheid: Google Workers Arrested for Protesting Company’s $1.2B Contract with Israel
democracynow.org/2024/4/17/no_tech_for_apartheid_google_israel
No Tech for Apartheid: Google Workers Arrested for Protesting Company’s $1 ...
Quick Glance: Google restructuring operations and relocating roles to 'hubs' to fund AI investments
  • Google is implementing staff layoffs and transferring certain roles to 'hubs' to secure funds for artificial intelligence investments.

  • The finance and real estate teams are being affected by the downsizing, with some roles being moved overseas.

  • Through the consolidation of finance teams in Bangalore, Mexico City, Dublin, Chicago, and Atlanta, Google aims to enhance efficiency and operate around the clock.

  • The restructuring is driven by the substantial shift towards artificial intelligence in the tech industry, prompting Google to allocate more resources to this domain.
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South Korean nuclear fusion reactor sets new record, and other technology news you need to know
weforum.org/agenda/2024/04/nuclear-fusion-record-technology-news-april-2024/
South Korean nuclear fusion reactor sets new record, and other technology ...
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Hydrogen is developing fast in Japan, closer to societal use: Japan is a global leader in hydrogen technology development, largely due to its strategic emphasis ...
weforum.org/agenda/2024/04/hydrogen-japan/
Hydrogen is developing fast in Japan, closer to societal use
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Apple pulls WhatsApp and Threads from App Store on Beijing's orders: Apple says it has removed Meta’s WhatsApp messaging app and its Threads social media app ...
abcnews.go.com/Business/wireStory/apple-pulls-whatsapp-threads-app-store-beijings-orders-109425756
Apple pulls WhatsApp and Threads from App Store on Beijing's orders
Quick Glance: Apple removes WhatsApp and Threads in China
  • Apple removes Meta-owned apps under Chinese government pressure.

  • Apps delisted due to 'national security concerns'.

  • Chinese users now unable to download Western social media apps.

  • Apple faces declining iPhone sales in China despite branding efforts.
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Munich wants to continue buying and building: The city of Munich continues to buy apartments from private real estate companies. She has more than 100 offers ...
iz.de/transaktionen/news/-muenchen-will-weiter-kaufen-und-bauen-2000024786
Munich wants to continue buying and building
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The industry is doing a lot with taxonomy: The taxonomy quotas in the real estate portfolios are manageable. As sobering as the status quo is ...
iz.de/maerkte/news/-bei-der-taxonomie-nimmt-sich-die-branche-viel-vor-2000025041
The industry is doing a lot with taxonomy
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Google lays off employees, shifts some roles abroad amid cost cuts: Alphabet-owned Google is laying off an unspecified number of employees, a company ...
reuters.com/technology/google-lays-off-employees-shifts-some-roles-abroad-amid-cost-cuts-2024-04-17/
Google lays off employees, shifts some roles abroad amid cost cuts
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Huawei Is Reportedly Building A $1.66 Billion Semiconductor R&D Plant, And Has Hired Engineers From…
wccftech.com/huawei-building-rd-chip-plant-with-an-investment-of-1-66-billion/
Huawei Is Reportedly Building A $1.66 Billion Semiconductor R&D Plant ...
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The role unions play in helping teachers embrace technology: Stephen Kioni, Samuel Ayany and other great men and women came together to see different regional ...
standardmedia.co.ke/opinion/article/2001493217/the-role-unions-play-in-helping-teachers-embrace-technology
The role unions play in helping teachers embrace technology
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New building fund from D.i.i. is also insolvent: D.i.i. now also declares the insolvency of Neubaufonds 14 and its construction projects ...
iz.de/unternehmen/news/-neubaufonds-von-d.i.i.-ist-ebenfalls-insolvent-2000024862
New building fund from D.i.i. is also insolvent
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How much trust do people have in different types of scientists?: Understanding why some people trust some scientists more than others is a key factor in solving ...
phys.org/news/2024-04-people-scientists.html
How much trust do people have in different types of scientists?
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TSMC aims to produce ultra-advanced 1.6-nm chips by 2026 : TAIPEI -- Taiwan Semiconductor Manufacturing Co. says it will start production of ultra-advanced ...
asia.nikkei.com/Business/Tech/Semiconductors/TSMC-aims-to-produce-ultra-advanced-1.6-nm-chips-by-2026
TSMC aims to produce ultra-advanced 1.6-nm chips by 2026
Quick Glance: TSMC to Produce Ultra-Advanced 1.6-nm Chips by 2026
  • Taiwan Semiconductor Manufacturing Co. announced at the North America Technology Symposium in California that it will start production of ultra-advanced 1.6-nanometer chips by 2026 to secure its leadership over the next decade.

  • TSMC unveiled its A16 technology at the symposium, emphasizing that the introduction of 1.6-nm chipmaking technology can greatly improve logic chip density and performance.
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Electric cars: New sodium battery should charge in seconds: E-car batteries still charge very slowly. Korean researchers now claim to have found a way to ...
spiegel.de/auto/natrium-ionen-batterie-fuer-e-autos-neuer-akku-soll-sich-in-sekunden-laden-lassen-a-2bdde578-521d-48df-900d-9900f691eff4
Electric cars: New sodium battery should charge in seconds
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Munich investment market is picking up speed: The Munich investment market is getting back on track faster than expected. This is what figures from the expert ...
iz.de/maerkte/news/-muenchner-investmentmarkt-nimmt-fahrt-auf-2000024762
Munich investment market is picking up speed
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Elon Musk: AI will be smarter than any human around the end of next year: While Musk says superintelligence is coming soon, one critic says prediction is ...
arstechnica.com/information-technology/2024/04/elon-musk-ai-will-be-smarter-than-any-human-around-the-end-of-next-year/
Elon Musk: AI will be smarter than any human around the end of next year
Quick Glance: Elon Musk Predicts AI Surpassing Human Intelligence Next Year
  • Elon Musk predicts that artificial intelligence will surpass human intelligence by the end of next year, given the necessary infrastructure to meet technological demands.

  • Musk anticipates that AI capabilities will likely exceed those of all humans in the next five years.

  • A series of AI breakthroughs in the past 18 months have accelerated development faster than expected, with Musk being more optimistic than previous forecasts.

  • Musk has intensified his efforts to enter the AI race by seeking funding for his own AI startup to compete with OpenAI, while also advocating for a pause in the development of advanced AI systems.
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Biden announces preliminary deal with Micron for up to $6.14 bln in chip grants: U.S. President Joe Biden traveled to Syracuse, New York, on Thursday and ...
reuters.com/technology/biden-announce-preliminary-deal-with-micron-up-614-bln-chip-grants-2024-04-25/
Biden announces preliminary deal with Micron for up to $6 ...
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Trump’s Truth Social shares fall again: "The corporate media's misreporting on every aspect of Truth Social is relentless and intentional ...
axios.com/2024/04/15/trump-truth-social-stock-shares-price-down-why
Trump’s Truth Social shares fall again
Quick Glance: A Swift Tech-Stock Bubble and Burst in Three Weeks
  • The value proposition of buying shares of Truth Social's parent company revolves around Donald Trump's ability to make you wealthy, a unique focus.

  • Trump's history of promising financial gains extends to the realm of Truth Social stock, which currently presents a stark contrast.

  • The current trajectory of Trump's stock value compared to its initial rise creates a tech-stock bubble phenomenon.

  • Examining what Truth Social offers without the Trump factor reveals its foundation as a social network built on Mastodon, lacking technical uniqueness.
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Sales of office space in Hamburg are well below 100,000 sqm: With an office space turnover of around 85,000 sqm, the weakest result in the past ten years was ...
iz.de/maerkte/news/-umsatz-mit-hamburger-bueroflaechen-liegt-deutlich-unter-100.000-qm-2000024768
Sales of office space in Hamburg are well below 100,000 sqm
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Cisco says hackers subverted its security devices to spy on governments: Technology firm Cisco Systems said that hackers have subverted some of its digital ...
reuters.com/technology/cybersecurity/cisco-says-hackers-subverted-its-security-devices-spy-governments-2024-04-24/
Cisco says hackers subverted its security devices to spy on governments
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Crypto fans count down to bitcoin's 'halving': Bitcoin enthusiasts were eagerly waiting for bitcoin's 'halving' on Friday - a change to the cryptocurrency's ...
reuters.com/markets/currencies/crypto-fans-count-down-bitcoins-halving-2024-04-19/
Crypto fans count down to bitcoin's 'halving'
Quick Glance: Bitcoin 'Halving' Completed, CoinGecko Reports
  • Bitcoin, the world's largest cryptocurrency, completed its 'halving' on Friday, a phenomenon that occurs roughly every four years according to CoinGecko.

  • Following the 'halving', Bitcoin remained relatively stable, dropping by 0.47% to $63,747.

  • The 'halving' was integrated into Bitcoin's code at its inception to reduce the rate of new Bitcoins being created.

  • Experts are divided on whether the upcoming 'halving' will boost Bitcoin's price, with some viewing it as already factored in, while others remain skeptical.
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Huawei starts sales of new Pura 70 smartphone amid scrutiny on chips: Chinese technology giant Huawei started selling two models of its highly anticipated ...
reuters.com/technology/chinas-huawei-start-selling-pura-70-smartphones-2024-04-18/
Huawei starts sales of new Pura 70 smartphone amid scrutiny on chips
Quick Glance: Huawei Begins Sales of New Pura 70 Smartphone Amid Chip Scrutiny
  • Huawei started selling two models of its highly anticipated, high-end Pura 70 smartphone series that are expected to contain an advanced China-made chip like its Mate 60 handset.

  • The Mate series by Huawei emphasizes performance and business features.

  • Eric Xu, Huawei's acting chairman, announced that the company also plans to roll out a Mate 70 smartphone this year.

  • According to Ivan Lam, a senior analyst at research firm Counterpoint, shipments of about 60 million units from Huawei are expected this year, with the Pura 70 series being an important catalyst.
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The first opportunists become active: Opportunistic managers Activum SG and 777 Capital Advisors are small yachts compared to large private equity battleships ...
iz.de/unternehmen/news/-die-ersten-opportunisten-werden-aktiv-2000024806
The first opportunists become active
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Soravia will focus more on subsidized housing in Germany in the future: The family-run Austrian developer Soravia does not want to leave the field in Germany ...
iz.de/unternehmen/news/-soravia-setzt-in-deutschland-kuenftig-mehr-auf-gefoerdertes-wohnen-2000024885
Soravia will focus more on subsidized housing in Germany in the future
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Aldi opens local supply center with apartments in Waldbronn: Aldi Süd is opening a branch today in a local supply center with apartments in Waldbronn near ...
iz.de/projekte/news/-aldi-eroeffnet-nahversorgungszentrum-mit-wohnungen-in-waldbronn-2000024903
Aldi opens local supply center with apartments in Waldbronn
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Adler Group writes a loss of almost 2 billion euros: Things are looking bad for the Adler Group. According to unaudited figures, an operating loss of EUR 1 ...
iz.de/unternehmen/news/-adler-group-schreibt-fast-2-mrd.-euro-verlust-2000025049
Adler Group writes a loss of almost 2 billion euros
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AI as a "great filter"? - Warning of existential danger for humanity: Some researchers are puzzled as to why we simply cannot find any evidence of ...
heise.de/news/Grosser-Filter-Werden-technologische-Zivilisationen-immer-von-KI-ausgeloescht-9678961.html
AI as a
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The Mona Lisa rapping? New Microsoft AI animates faces from photos: The Mona Lisa can now do more than smile, thanks to new artificial intelligence technology ...
cnn.com/2024/04/21/tech/microsoft-ai-tool-animates-faces/
The Mona Lisa rapping? New Microsoft AI animates faces from photos
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Residential properties are becoming more expensive again: The appraiser Sprengnetter examined the real purchase prices paid for residential properties in the ...
iz.de/maerkte/news/-wohnimmobilien-werden-wieder-teurer-2000024916
Residential properties are becoming more expensive again
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Strabag takes over specialists for insulation materials made from hemp: The construction company Strabag buys Naporo, a specialist in insulation materials made ...
iz.de/transaktionen/news/-strabag-uebernimmt-spezialisten-fuer-daemmstoffe-aus-hanf-2000024927
Strabag takes over specialists for insulation materials made from hemp
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Nintendo Wii U and 3DS online services bow out today: Today marks a bittersweet moment for Nintendo enthusiasts worldwide as the tech giant bids farewell to the ...
mynintendonews.com/2024/04/08/nintendo-wii-u-and-3ds-online-services-bow-out-today/
Nintendo Wii U and 3DS online services bow out today
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Ex-Kaufhof investor is said to be taking over Galeria: According to media reports, a group of investors led by US real estate entrepreneur Richard Baker will win ...
iz.de/unternehmen/news/-ex-kaufhof-investor-soll-angeblich-galeria-uebernehmen-2000024604
Ex-Kaufhof investor is said to be taking over Galeria
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New technology helps US shale oil industry start to rebuild well productivity: Technology advances are making it possible for U.S. shale oil and gas companies to ...
reuters.com/markets/commodities/new-technology-helps-us-shale-oil-industry-start-rebuild-well-productivity-2024-04-24/
New technology helps US shale oil industry start to rebuild well ...
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Newcastle United's haptic shirts allow deaf fans to feel noise of St James' Park: For the first time ever in football, this technology was used during ...
chroniclelive.co.uk/news/north-east-news/newcastle-uniteds-new-haptic-shirts-28992244
Newcastle United's haptic shirts allow deaf fans to feel noise of St ...
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Shohei Ohtani signs deal with sports technology company Rapsodo: Los Angeles Dodgers superstar Shohei Ohtani has signed a deal to become the technology ...
japantimes.co.jp/sports/2024/04/22/baseball/mlb/ohtani-signs-rapdodo-deal/
Shohei Ohtani signs deal with sports technology company Rapsodo
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Nokia sees stronger H2 after Q1 comparable profit grows less than expected: Finnish telecom gear maker Nokia reported on Thursday a smaller rise than expected in ...
reuters.com/technology/nokias-q1-comparable-operating-profit-misses-expectations-2024-04-18/
Nokia sees stronger H2 after Q1 comparable profit grows less than expected
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Amazon to push cashierless shopping tech into more third-party stores, while backing off itself
reuters.com/business/retail-consumer/amazon-push-cashierless-shopping-tech-into-more-third-party-stores-while-backing-2024-04-17/
Amazon to push cashierless shopping tech into more third-party stores ...
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Homie, the Utah company meant to ‘disrupt’ real estate, sheds its last agents: The move to end brokerage services comes after years of turbulence for Homie — a ...
sltrib.com/news/business/2024/04/19/homie-utah-company-meant-disrupt/
Homie, the Utah company meant to ‘disrupt’ real estate, sheds its last ...
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Central Group is reportedly buying Berlin-based KaDeWe: The Central Group has reportedly bought the KaDeWe property in Berlin. If the reports are correct ...
iz.de/transaktionen/news/-central-group-kauft-angeblich-das-berliner-kadewe-2000024737
Central Group is reportedly buying Berlin-based KaDeWe
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Hydrogen is developing fast in Japan, closer to societal use: Japan is a global leader in hydrogen technology development, largely due to its strategic emphasis ...
weforum.org/agenda/2024/04/hydrogen-japan/
Hydrogen is developing fast in Japan, closer to societal use
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Ofcom: Almost a quarter of kids aged 5-7 have smartphones: The regulator calls the data a "wake up call", and says parents and industry need to do more.
bbc.com/news/technology-68838029
Ofcom: Almost a quarter of kids aged 5-7 have smartphones
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This technology didn’t cause Dubai’s floods, scientists say. Here’s why.: The downpour was a product of weather patterns that meteorological models predicted as ...
washingtonpost.com/weather/2024/04/17/dubai-flood-rains-cloud-seeding/
This technology didn’t cause Dubai’s floods, scientists say. Here’s why.
Quick Glance: Cause of Dubai Flooding: Cloud Seeding or Natural Phenomenon?
  • Dubai grapples with the aftermath of heavy rainfall. Speculations on the role of cloud seeding are being discussed.

  • Clouds consist of tiny water droplets that coalesce around particles to form rain. Cloud seeding manipulates this process.

  • The effectiveness of cloud seeding is scientifically debated, with limited evidence of its efficacy.

  • Experts refute the claim that cloud seeding was the primary cause of the flooding in Dubai.
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The textile industry dominates inner-city shop leasing: The textile sector accounted for 52% of inner-city store take-up in the first quarter.
iz.de/maerkte/news/-textilbranche-dominiert-die-innerstaedtische-ladenvermietung-2000024740
The textile industry dominates inner-city shop leasing
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Midstad wants to make trading monoliths tradable again: Midstad emerged from JC Real Estate, the project developer from the family that owns P&C Düsseldorf ...
iz.de/unternehmen/news/-midstad-will-handels-monolithen-wieder-handelbar-machen-2000024771
Midstad wants to make trading monoliths tradable again
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Every unit should get it: Kiev hands over a vital weapon to troops: Since the large-scale invasion by Russian troops, Ukraine has been particularly intensively ...
n-tv.de/politik/Kiew-uebergibt-Truppen-ueberlebenswichtige-Waffe-article24883331.html
Every unit should get it: Kiev hands over a vital weapon to troops
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Ikea opens planning studios in Cologne and Stuttgart: The furniture chain Ikea is opening two more planning studios in Stuttgart and Cologne ...
iz.de/unternehmen/news/-ikea-eroeffnet-planungsstudios-in-koeln-und-stuttgart-2000024757
Ikea opens planning studios in Cologne and Stuttgart
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US Air Force: Autonomously controlled fighter aircraft conducts first “dogfight”: The US military has been testing AI technology for a long time ...
heise.de/news/US-Luftwaffe-Autonom-gesteuertes-Kampfflugzeug-fuehrt-ersten-Dogfight-9690541.html
US Air Force: Autonomously controlled fighter aircraft conducts first ...
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Clockwise opens its first German location in Bremen: At the beginning of May, the British coworking provider Clockwise opened its first German location in Bremen ...
iz.de/unternehmen/news/-clockwise-eroeffnet-ersten-deutschen-standort-in-bremen-2000024745
Clockwise opens its first German location in Bremen
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X marks the spot where free speech comes at a cost: Unregulated big tech poses significant threats to the health of our democracy and social cohesion ...
theage.com.au/technology/x-marks-the-spot-where-free-speech-comes-at-a-cost-20240421-p5flgx.html
X marks the spot where free speech comes at a cost
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Publity sells the Frankfurt Access Tower: Publity has separated from the Access Tower office tower in the Niederrad district of Frankfurt ...
iz.de/transaktionen/news/-publity-verkauft-den-frankfurter-access-tower-2000024911
Publity sells the Frankfurt Access Tower
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Tesla will lay off more than 10% of global workforce: Read the Elon Musk memo: Tesla will lay off more than 10% of its global workforce, according to a memo sent ...
cnbc.com/2024/04/15/tesla-shares-dip-in-premarket-trade-on-global-layoff-reports.html
Tesla will lay off more than 10% of global workforce: Read the Elon Musk ...
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Procom is developing local suppliers and apartments in Büchen: Procom Invest is building the Pötrauer Tor local supply center with twelve apartments in Büchen ...
iz.de/projekte/news/-procom-entwickelt-nahversorger-samt-wohnungen-in-buechen-2000024917
Procom is developing local suppliers and apartments in Büchen
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Berlin state housing companies rent out new buildings for up to 18 euros/sqm: The rents for new buildings from Berlin's municipal housing companies for privately ...
iz.de/maerkte/news/-berliner-landeswohnungsgesellschaften-vermieten-neubau-fuer-bis-zu-18-euroqm-2000024605
Berlin state housing companies rent out new buildings for up to 18 ...
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Disneyland faces pressure to electrify its stinky ‘Autopia’ ride, and quick: Disney says it will "convert from gas engines in the next few years ...
electrek.co/2024/04/18/disneyland-faces-pressure-to-electrify-its-stinky-autopia-ride-and-quick/
Disneyland faces pressure to electrify its stinky ‘Autopia’ ride ...
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Vietnamese property tycoon Truong My Lan sentenced to death in US$12.5 billion fraud case
scmp.com/week-asia/politics/article/3258672/vietnamese-property-tycoon-truong-my-lan-sentenced-death-us125-billion-fraud-case
Vietnamese property tycoon Truong My Lan sentenced to death in US$12 ...
Quick Glance: Death Sentence for Real Estate Tycoon in Vietnam's Largest Fraud Case
  • Truong My Lan, a prominent businesswoman and real estate tycoon, was sentenced to death in Vietnam's largest financial fraud case, marking a shocking development in the country's escalating anti-corruption campaign.

  • Born in 1956, Lan founded the Van Thinh Phat company with her family in 1992, which grew to become one of Vietnam's richest real estate firms linked to some of Ho Chi Minh's most valuable properties.

  • She was accused of using the bank as her cash cow, illegally controlling it between 2012 and 2022, and using thousands of 'ghost companies' in Vietnam and abroad to give loans to herself and her allies.

  • Her arrest in October 2022 falls within a period of increased anti-corruption efforts in Vietnam ramping up since 2022, impacting the country's economic outlook and unsettling foreign investors.
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Samsung intros world's first 10.7 Gbps LPDDR5X memory with 32GB capacity - VideoCardz.com
videocardz.com/newz/samsung-intros-worlds-first-10-7-gbps-lpddr5x-memory-with-32gb-capacity
Samsung intros world's first 10.7 Gbps LPDDR5X memory with 32GB ...
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Clarion buys Panattoni logistics park in Voerde: Clarion Partners Europe has acquired the recently completed Panattoni logistics park in the Lower Rhine ...
iz.de/transaktionen/news/-clarion-kauft-panattoni-logistikpark-in-voerde-2000024782
Clarion buys Panattoni logistics park in Voerde