In response to the increasingly complex community needs, new digital industry concepts, represented by 5G (5th generation mobile networks), have emerged. This rapid change is like the "industrial revolution" of the new era, driving countries to make breakthroughs in the field of telecommunication technology.

Meta Platforms Inc (META.O), owner of Facebook, slashed jobs across its business and operations units on Wednesday as it carried out its last batch of a three-part round of layoffs, part of a plan announced in March to eliminate 10,000 roles.

Recently, China announced that it would be restricting chips made by the US firm Micron in its critical infrastructure projects, citing it as a "national security threat". In doing so, Beijing deliberately played the same card frequently used by the United States and its allies concerning its own technologies, most namely Huawei, where unfounded concerns relating to "national security" were used to exclude the telecommunications firm from participating in 5G networks, as well as the US has blacklisted thousands of other Chinese technology companies.

Bill Gates, Microsoft Corp's co-founder, on Monday said the technology race to win is the development of the top artificially intelligent agent, poised to disrupt search-engine, productivity and online shopping sites.

Hong Kong's overall consumer prices rose 2.1% in April year-on-year, larger than the 1.7% increase in March, the Census & Statistics Department has announced.

TikTok Inc. on Monday (May 23) filed a lawsuit challenging the state of Montana's new ban on its app, the first state to bar the popular short-video sharing service.

U.S. House of Representatives Speaker Kevin McCarthy said debt talks with President Joe Biden was "productive" but no agreement has reached.

Federal Reserve Chairman Jerome Powell said Friday that the aftereffects of recent banking sector troubles takes some pressure off the U.S. central bank to raise rates.

China has overtaken Japan as the world's top car exporter in the first three months of the year.

The seasonally adjusted unemployment rate dipped 0.1 percentage points to 3% for the period between February and April 2023 compared with January to March 2023, the Census & Statistics Department has announced.

China's economy is steadily recovering after the pandemic and remains strong, instilling confidence in its economic future, according to a United Nations economist.

The National Administration of Financial Regulation (NAFR) was officially set up on Thursday (May 18) as China's new financial regulator, marking an important step in the country's institutional reform on financial supervision.

The Hong Kong Monetary Authority (HKMA) today (May 18) announced the commencement of the e-HKD Pilot Programme. A total of 16 firms from the financial, payment and technology sectors have been selected to participate in the first round of pilots for 2023. 

Montana Governor Greg Gianforte on Wednesday signed legislation to ban Chinese-owned TikTok from operating in the state to protect residents from alleged intelligence gathering by China, making it the first U.S. state to ban the popular short video app.

Smartphones with Qualcomm chips were found to send private user information, including IP address, unique ID, mobile country code, back to the U.S. chipmaker, according to a report by the German security company Nitrokey first released on April 25.