Tech
TikTok owner shuts down major part of company
Beijing-based online giant, ByteDance has laid off hundreds of employees as it struggles to cope with China’s latest round of big-tech regulations
The owner of TikTok ByteDance had to shut down a significant portion of its online education sector in order to comply with the nation’s new laws.
Another company called GoGo Kid will be forced to shut down completely, as China’s government moves in on the $100 billion industry.
The new regulations include a ban on private companies from teaching children how to earn profits and even raise capital…
In addition to this, the industry is not allowed to hire foreigners or teach school content to children.
The newly imposed regulations sparked widespread market concerns and triggered a $1 trillion wipeout from Chinese equities.
TikTok rival plummets 15 per cent
Kuaishou Technology fell the most on record after a post-listing lockup on sales of its shares expired.
The company has fallen more than 15% in Hong Kong, the most since a February listing.
The stock is now down more than 20% from its listing price.
A six-month lockup period on the TikTok rival expired yesterday allowing some of the video giant’s backers to finally dump their stock.
This all comes after the company shut down Zynn, a video sharing-app, marking an end to the failed attempt to challenge TikTok.
Tech
Apple’s AI wearable push: Cameras, speakers and a 2027 vision
Apple is developing an AI-powered wearable device, aiming for a launch of 20 million units in the growing AI market.
Apple is developing an AI-powered wearable device, aiming for a launch of 20 million units in the growing AI market.
Apple is reportedly developing an AI-powered wearable device equipped with cameras and speakers, signalling its next major move into artificial intelligence-driven hardware.
While still in early development, the company is said to be planning a launch scale of up to 20 million units.
This move places Apple squarely into the fast-growing AI wearable market, where tech giants are racing to define what hands-free, AI-first devices will look like. Rather than rushing to market, Apple appears to be taking a measured approach by embedding AI capabilities into its existing ecosystem.
Reports suggest Apple is also experimenting with camera-equipped AirPods and smart glasses, with a potential launch timeline around 2027. If successful, these devices could reshape how users interact with AI in everyday life.
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Tech
AI spending in 2026: Why investment is compounding, not just cyclical
As 2026 begins, AI investment debates rise; real revenue growth signals pivotal changes for tech adoption and future trends.
As 2026 begins, AI investment debates rise; real revenue growth signals pivotal changes for tech adoption and future trends.
As we kick off 2026, the debate around AI spending is heating up. Skeptics warn of cyclical hype, but new evidence suggests that AI investment is delivering real revenue and gaining traction across enterprises. Brad Gastwirth from Circular Technologies breaks down why this year could be pivotal for AI adoption.
We dive into how AI spending today compares to previous tech booms, the impact of circular funding models, and why enterprise and sovereign demand are driving durable growth. Brad explains the compounding effect of AI investment and what it means for future technological development.
Finally, we explore the race toward AGI and ASI and the broader implications for the tech landscape. From skeptics to believers, understanding these trends is key for investors, businesses, and tech enthusiasts alike.
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Tech
TSMC posts record profits on AI chip boom
TSMC posts record Q4 profit, driven by strong chip demand, exceeding predictions and signaling market dominance.
TSMC posts record Q4 profit, driven by strong chip demand, exceeding predictions and signaling market dominance.
Taiwan Semiconductor Manufacturing Company (TSMC) has posted a record net profit for the fourth quarter, driven by strong demand for advanced chips.
Net profit surged 35% year-on-year, exceeding analyst expectations and signalling a dominant position in the semiconductor market.
Quarterly revenue also rose 20.5% compared to last year, supported by robust sales in AI and high-performance computing segments. The company’s success reflects the growing global appetite for cutting-edge semiconductor technology.
Looking ahead, TSMC plans to ramp up capital expenditure, projecting investments of up to $56 billion in 2026. The positive results have sparked an upbeat reaction across global markets, highlighting TSMC’s influence in the tech sector.
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