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Why tech giants will boycott Hong-Kong

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Global tech giants Facebook, Google and Twitter have all warned Hong Kong’s government that they may depart the city-state if the proposed data-protection laws are enacted

In a private letter, the companies say they are concerned that employees could be subject to criminal investigations and charges.

“The only way to avoid these sanctions for technology companies would be to refrain from investing and offering the services in Hong Kong,” the AIC said in its letter, according to the Journal.

The proposed laws will make tech giants liable for when an individual’s information is shared maliciously without their permission.

Also known as “doxing”, it refers to the act of “revealing people’s personal information such as real name, home address or workplace online” without consent.

The Journal notes that this practice became prevalent when pro-democracy protests broke out in the city in 2019.

Hong Kong’s government has announced the amendments to the legislation in response to doxing being used during protests in the city.

In the letter, the companies say “the only way to avoid these sanctions for technology companies would be to refrain from investing and offering the services in Hong Kong.”

“The amendments will not have any bearing on free speech,” a spokesperson for Hong Kong’s Privacy Commissioner for Personal Data told the Journal, acknowledging that the AIC’s letter had been received.

According to the spokesperson, the city’s government “strongly rebuts any suggestion that the amendments may in any way affect foreign investment in Hong Kong.”

William is an Executive News Producer at TICKER NEWS, responsible for the production and direction of news bulletins. William is also the presenter of the hourly Weather + Climate segment. With qualifications in Journalism and Law (LLB), William previously worked at the Australian Broadcasting Corporation (ABC) before moving to TICKER NEWS. He was also an intern at the Seven Network's 'Sunrise'. A creative-minded individual, William has a passion for broadcast journalism and reporting on global politics and international affairs.

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Global space investment reaches record $3.5 billion

Global space investment reaches record $3.5 billion in Q3 2025, nearly doubling from last year due to market diversification

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Global space investment reaches record $3.5 billion in Q3 2025, nearly doubling from last year due to market diversification

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In Short:
– Global space investment reached $3.5 billion in Q3 2025, nearly twice last year’s figure.
– Increased government spending and diverse startups are driving growth in the space sector.
Global space investment reached an unprecedented $3.5 billion in the third quarter of 2025, nearly double from $1.79 billion during the same period last year, as per a report by Seraphim Space.
The dramatic increase highlights a more diverse funding landscape where investments are distributed among a wider array of startups.”Historically, most of the capital in the sector was concentrated in just a couple of players, SpaceX and OneWeb,” stated Lucas Bishop, an investment associate at Seraphim Space.

“Now, we see a far more diverse set of investable companies, indicating space has evolved into a broader market.”

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The substantial growth in space investment is largely driven by heightened government spending to support domestic space initiatives in the United States, China, and Europe.

Defence expenditure has become the leading investment catalyst, with the U.S. Space Force projected to receive $40 billion for fiscal year 2026.

Major Funding

China’s Galactic Energy secured the largest funding round, attracting $336 million in September for its Pallas series of reusable launchers.

In the U.S., defence technology firms such as Hadrian, Apex, and Hermeus were at the forefront of major investments.

Public space enterprises have also witnessed significant growth, with Rocket Lab and Planet Labs more than doubling in value.

AST SpaceMobile’s stock surged 306% in 2025, boosted by partnerships with major telecom operators like Verizon and AT&T.

Momentum is expected to persist into 2026 as satellite networks expand, and government procurement increases, paving the way for dual-use technologies in civilian and defence sectors.


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Hollywood agencies criticise OpenAI’s Sora for exploitation

Hollywood agencies criticise OpenAI’s Sora for exploiting creators and infringing intellectual property rights amid rising concerns over AI usage

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Hollywood agencies criticise OpenAI’s Sora for exploiting creators and infringing intellectual property rights amid rising concerns over AI usage

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In Short:
– Top talent agencies, including CAA and UTA, oppose OpenAI’s Sora over client rights and copyright risks.
– Disney and others demand immediate action from OpenAI to address copyright infringements related to Sora.

Top Hollywood talent agencies have expressed strong opposition to OpenAI’s new video creation app, Sora. The Creative Artists Agency (CAA) voiced concerns about significant risks to their clients and intellectual property rights.CAA represents high-profile clients such as Doja Cat and Scarlett Johansson. The agency questioned OpenAI’s commitment to compensating creators for their work, suggesting that their practices might ignore global copyright principles.

They stated, “Control, permission for use, and compensation is a fundamental right of these workers.”

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United Talent Agency (UTA) echoed similar sentiments, labelling Sora’s actions as “exploitation, not innovation.” UTA reinforced that human talent is irreplaceable and affirmed its commitment to defending its clients’ rights. OpenAI has indicated it will implement measures to limit the generation of well-known characters and enhance control for rightsholders.

Industry Response

The memo from WME instructed agents to ensure that all clients are opted out of the latest Sora updates. Disney also took a firm stance, clarifying it had not granted OpenAI permission to use its copyrighted content.

The Motion Picture Association urged immediate action from OpenAI to address copyright infringements related to Sora.

Concerns over generative AI’s impact on copyright have surged within the entertainment industry.

Major companies like Universal and Disney have already pursued legal action against other AI firms over similar issues, highlighting a growing fear regarding the protection of intellectual property.


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OpenAI, Jony Ive’s AI device faces significant delays

OpenAI and Jony Ive’s AI device faces significant delays due to technical and infrastructure challenges ahead of its launch

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OpenAI and Jony Ive’s AI device faces significant delays due to technical and infrastructure challenges ahead of its launch

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In Short:
– OpenAI and Jony Ive face significant challenges for their AI device, delaying its launch to 2026.
– Technical issues include computing power shortages and difficulties defining the AI’s personality and behaviour.
OpenAI and Jony Ive’s collaboration on an AI device is facing significant technical challenges, leading to potential delays in its launch.
The partnership began after OpenAI’s acquisition of Ive’s design studio, io, for $6.5 billion. The current target for release is set for 2026.Banner

The primary obstacle is the need for adequate computing power for widespread deployment. Insiders revealed that OpenAI is struggling to secure enough compute resources for current applications, let alone the device design focused on continuous interaction.

Compute Issues

Development teams are also navigating challenges in defining the AI’s personality and behaviour.

Creating an assistant that is both engaging and appropriately responsive has proven difficult, as the design aims to foster a friendly interaction style without veering into overly chatty or insincere exchanges.

Legal issues add to the complications, including a trademark dispute with audio startup Iyo, resulting in the removal of “io” branding from promotional materials. Manufacturing is ongoing, with partnerships established, including with Chinese company Luxshare.

As OpenAI prepares for the upcoming DevDay 2025 conference, the company is under pressure to showcase progress, especially as competitors like Apple and Google advance their AI projects.

The focus remains on overcoming existing hurdles while optimising development strategies for the future of AI devices.


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