World

Rapid Synergy Bhd's chairman, Yu Kuan Chon, deceived shareholders with fraudulent misrepresentation in the 2021 Annual Report. The company hid related parties to avoid a mandatory takeover offer.

Malaysia is working to address semiconductor order backlogs that emerged during the pandemic. Lockdown-related operational suspensions, combined with global manufacturing disruptions like factory incidents and the Suez Canal blockage, have significantly impacted integrated circuit component supplies worldwide.

Telecommunications giants Axiata Group and Telenor Asia have completed a landmark merger of their Malaysian wireless operations, creating a new tech leader. The combined entity, MergeCo, promises significant synergies, with pre-tax profits of 5.7 billion ringgit and strong financial prospects. Both parent companies will hold equal 33.1% stakes in the newly formed company.

AI is revolutionizing how banks combat financial crimes like money laundering. Advanced computer systems can flag suspicious transactions, helping prevent large-scale illegal transfers and protecting financial institutions from potential monetary losses.

South Korean exports of teleconferencing equipment and semiconductors have significantly increased as employees worldwide transition to working from home during the pandemic, driven by rising demand from cloud computing firms and remote work trends in the US and China.

Canadian AI platform BluDot, founded by Kamran Khan, detected the novel coronavirus outbreak in Wuhan, China before official health organizations. Using machine learning and monitoring 65 languages, the platform provided early warnings about the emerging pandemic.

Facebook's Global Policy Management President Monika Bickert announced the removal of deceptive images and videos designed to mislead users, targeting content that artificially alters visual media to create false narratives.

At CES 2020, TV manufacturers unveiled cutting-edge televisions with AI technology, voice assistant integration, and smart home control features. Brands like LG, Samsung, Sony, and TCL presented innovative high-definition models designed to appeal to tech-savvy consumers.

Toyota Motor Corporation plans to transform a 175-acre former car factory into a "Prototype City of the Future" called Woven City. Located at the base of Mount Fuji, this innovative project will house 2,000 people and serve as a laboratory for autonomous vehicles and sustainable technologies.

Uber co-founder Travis Kalanick announced his resignation from the company's board by December 31, citing a desire to focus on new business and philanthropic endeavors. After selling most of his shares in November, Kalanick reflects on his 10-year journey with the world's largest ride-hailing platform.