News
Over 40pc of AI-using organizations collect personal data through AI systems, says privacy watchdog
49+ min ago (371+ words) More than 40 percent of organizations using artificial intelligence systems collected or used personal data through AI, the city's privacy watchdog said, as it urged businesses to strengthen safeguards against emerging privacy risks. The Office of the Privacy Commissioner for Personal…...
Robot & DJ monks: S Korean Buddhism's revival
1+ hour, 28+ min ago (404+ words) South Korea's Jogye Order, the largest sect of Korean Buddhism, recently hosted an initiation ceremony where a humanoid robot donning a monk's robe "converted" to Buddhism, coinciding with the shrinkage of the religion's followers, noted East Week magazine, a sister…...
Paul Chan courts French investors and think tanks during Europe visit
4+ hour, 55+ min ago (221+ words) Financial Secretary Paul Chan Mo-po arrived in Paris on Sunday to begin the European leg of his overseas visit, meeting representatives from the French financial sector and think tanks to promote investment cooperation with Hong Kong. Chan visited the French…...
Illegal gambling syndicates cashing billions, target World Cup bettors online
2+ hour, 43+ min ago (579+ words) As the World Cup approaches in mid-June, illegal gambling syndicates are ramping up their activities, targeting new bettors through online platforms, social media, and messaging apps. The illegal gambling agents have intensified efforts to lure gamblers, raising concerns among authorities…...
Moonshot AI plans to restructure corporate framework for HK IPO: Bloomberg
1+ hour, 49+ min ago (106+ words) The Standard (HK) Chinese artificial intelligence startup Moonshot AI has notified its investors of a corporate restructuring to pave the way for an initial public offering in Hong Kong, Bloomberg reported. The company said it would dismantle its so-called red-chip…...
AI workers are the future, chief technologist at Amazon Web Services says
2+ hour, 37+ min ago (430+ words) Artificial intelligence has moved beyond hype to become a fundamental business necessity, and the real competitive edge now lies in AI agents and AI workers " systems that can independently handle complex, end-to-end tasks, said Olivier Klein, chief technologist at Amazon…...
Trump says he paused attack on Iran, signals a nuclear deal may be possible
8+ hour, 38+ min ago (673+ words) U. S. President Donald Trump said on Monday he had paused a planned attack against Iran after Tehran sent a peace proposal to Washington, and that there was now a "very good chance" of reaching a deal limiting Iran's nuclear program. After…...
Putin says Russia, China ready to back each other on issues such as protecting sovereignty
7+ hour, 51+ min ago (165+ words) Russia and China are ready to support each other on a wide range of issues, including national unity and protection of sovereignty, President Vladimir Putin said in a video address ahead of a visit to China starting on Tuesday. Relations…...
Chinese robotic hand maker Linkerbot eyes Hong Kong IPO: Bloomberg
2+ hour, 14+ min ago (102+ words) Chinese robot-hand-building startup Linkerbot is reportedly considering going public in Hong Kong, which could raise a few hundred million US dollars, Bloomberg reported. The robotics unicorn has hired China Merchants Bank International, Citic Securities, and HSBC to manage the potential…...
Over 1, 200 scams involving seniors reported in Q1; $500mn lost
3+ hour, 54+ min ago (132+ words) Hong Kong police recorded 1, 264 cases of fraud involving elderly victims in the first quarter of this year, representing a 33 percent increase from the previous quarter. Total financial losses skyrocketed to over HK$500 million, an increase of nearly 80 percent compared to…...