Elon Musk's brain implant startup Neuralink, which was valued at close to US$2 billion (RM9.1 billion) in a private fundraising round two years ago, is now worth around US$5 billion based on privately executed stock trades described to Reuters by five sources with knowledge of the matter.

Musk's Neuralink valued at about US$5b despite long road to market

Former NBCUniversal executive Joe Benarroch will join Twitter on Monday (June 5), in a role focusing on business operations, he told Reuters.

Ex-NBCUniversal executive Joe Benarroch to join Twitter

The Malaysian Communications and Multimedia Commission (MCMC) has received a total of 744 reports on online scams involving Facebook sites from January to May 25.

MCMC logged over 700 reports of online scams involving Facebook since January, says deputy minister

Two key Republican lawmakers are pressing the Biden administration to counter Beijing’s ban of US chipmaker Micron Technology Inc by sanctioning a Chinese semiconductor company and ensuring that Japanese and South Korean firms don’t take advantage of the blockade.

GOP lawmakers ramp up calls to counter China over Micron ban

As fast as it went up for value managers, it’s coming down. The culprit is the all-consuming craze for artificial intelligence.

Proponents of the buy-cheap philosophy have been battered by the relative performance of tech stalwarts, resulting in a mirror image of 2022, when value stocks had their best year versus growth since the dot-com crash.

How the value trade has been smoked by the AI frenzy

SMTrack Bhd, together with three listed companies have mutually agreed not to extend the heads of agreement (HoA) pertaining to their 5G venture, following the expiry of the HoA last week (May 24).

SMTrack and three other listed companies mutually agree not to extend HoA in 5G venture

The environmental, social and governance (ESG) fund with the biggest exposure to Nvidia Corp has just beaten 99% of its peers, as bets on artificial intelligence (AI) transform the fortunes of portfolios promoting ESG principles.

ESG fund manager beats 99% of peers with giant bet on Nvidia

Southern Score Builders Bhd, formerly G Neptune Bhd, has inked a memorandum of understanding (MOU) with two parties with the intention of forming a partnership to implement and develop robotic construction technologies in Malaysia.

Southern Score Builders plans partnership to develop robotic construction technologies in Malaysia

Dell Technologies Inc reported revenue that beat analysts’ estimates after sales of computers to businesses didn’t fall as sharply as anticipated amid the slumping personal computer (PC) market.

Dell reports sales topping estimate as business PCs surprise

Japan's privacy watchdog said on Friday (June 2) it has warned OpenAI, the Microsoft-backed startup behind the ChatGPT chatbot, not to collect sensitive data without people's permission.

Japan privacy watchdog warns ChatGPT-maker OpenAI on user data

SEOUL/WASHINGTON (June 2): South Korea on Friday announced new sanctions against a North Korean hacking group, Kimsuky, which it accused of being involved in the North's latest satellite launch attempt.

South Korea slaps sanctions on North's hacking group after failed satellite launch

Alphabet Inc's Google is leading a US$36 million (RM165.24 million) funding round for Bengaluru-based Pixxel, a satellite-image startup, in the first major investment in the Indian space sector since the government launched its privatisation policy in April.

Google leads funding round for Indian space startup Pixxel

The release of consumer-focused artificial intelligence (AI) tools such as ChatGPT and Google’s Bard is set to fuel a decade-long boom that grows the market for generative AI to an estimated US$1.3 trillion (RM5.97 trillion) in revenue by 2032 from US$40 billion last year.

ChatGPT to fuel US$1.3 trillion AI market by 2032, new report says

Malaysia will remain a free market and allow mobile-phone carriers to decide whether to work with Chinese equipment makers including Huawei Technologies Co during the rollout of the second 5G network, said Communications and Digital Minister Fahmi Fadzil.

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