ChatGPT maker OpenAI is in advanced talks with former Apple designer Jony Ive and SoftBank's Masayoshi Son to build the "iPhone of artificial intelligence", fuelled by more than US$1 billion (RM4.7 billion) in funding from the Japanese conglomerate, the Financial Times reported on Thursday.

OpenAI, Jony Ive in talks to raise US$1b from SoftBank for AI device venture — FT

Payments Network Malaysia Sdn Bhd (PayNet), the operator of DuitNow QR, on Thursday provided clarification on implementation of transaction fees for DuitNow QR payments and transfers made with credit cards, effective November 1, 2023.

PayNet clarifies transaction fees and distinctions for DuitNow QR payments 

Social media platform X could turn a profit in early 2024, chief executive officer Linda Yaccarino said on Wednesday, during a wide-ranging interview in which she defended the company's progress under billionaire owner Elon Musk.

X CEO Yaccarino says Musk-owned platform could turn a profit next year

Uber Technologies on Wednesday named Analog Devices CFO Prashanth Mahendra-Rajah as its finance chief at a time when the ride-hailing company is gearing up for growing competition in the industry.

Uber names semiconductor executive Mahendra-Rajah as CFO 

Apple was ordered on Wednesday to face a private antitrust lawsuit by payment card issuers accusing the company of thwarting competition for its Apple Pay mobile wallet.

Apple ordered to face Apple Pay antitrust lawsuit

Meta Platforms Inc is introducing its latest lineup of head-worn devices, staking fresh claim to the virtual- and augmented-reality industry just ahead of Apple Inc pushing into the market.

Meta rolls out higher-priced Quest 3 headset, just ahead of Apple’s Vision Pro

Indian income tax officials on Wednesday visited a factory of Chinese PC maker Lenovo in the union territory of Puducherry and one of its offices in Bengaluru city as part of an inquiry, two sources told Reuters.

Indian tax officers visit factory, Bengaluru office of China's Lenovo — sources

Malaysian Prime Minister Datuk Seri Anwar Ibrahim said on Wednesday a switch to having a dual 5G network would allow for more effective participation by China's Huawei, providing his country with a balance of both Western and Eastern technology.

Malaysia's switch to dual 5G network can allow participation of Huawei — Anwar

Micron Technology Inc is set to provide one of the first tests for investors hoping that tech earnings will rescue a stock market in freefall.

Micron set to test resolve of Fed-rattled traders

Indonesia has banned e-commerce transactions on social media platforms, the trade minister said on Wednesday, citing a new regulation.

Indonesia bans e-commerce transactions on social media

KUALA LUMPUR (Sept 27): Malaysia Productivity Corporation (MPC) is inviting the business community from all sectors to participate in a “Productivity Step-Up” programme.

MPC launches productivity via digitalisation initiative to boost global competitiveness

China's cyberspace regulator released on Wednesday names of the first batch of mobile app stores that have completed filing business details to regulators, signalling it has begun to enforce new rules that expand its oversight of mobile apps.

China lists mobile app stores that comply with new rule, but Apple missing

Federal Trade Commission (FTC) Chair Lina Khan stopped short of explicitly calling for a breakup of Amazon.com Inc, but said that her agency would ask a judge to halt the company’s “illegal conduct” if its antitrust suit succeeds.

Federal Trade Commission Chair Lina Khan seeks to end Amazon ‘illegal conduct’, quiet on breakup

KUALA LUMPUR (Sept 26): Huawei Malaysia has committed to narrowing the digital divide between the urban and rural areas and stimulating digital innovation in Malaysia, while building a sustainable ultra-broadband industry ecosystem to ensure no one is left behind from the benefits of digital development.

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