Tragedy has struck a South Korean woman who has lost up to 70 million won (approximately RM242,905) in a romance scam. However, this was no ordinary romance scam; the woman was duped by a deepfake video featuring Tesla CEO Elon Musk. According to reporting by the Independent, the victim said that her dream came true when began exchanging correspondence with a man on social media platform Instagram, claiming to be the famous American tech mogul himself. The victim told South Korean broadcaster KBS that the so-called “Mr Musk” shared pictures of his work, spoke about his children, and told her ..read more

The US Senate has passed a bill that threatens to ban popular social media platform TikTok. This begins a countdown forcing TikTok owner Bytedance to sell the company within 12 months, or face a complete ban in the United States. Byte dance technically has nine months to find a buyer, but the new law provides President Biden the option to extend the timeline by an additional three months if there has been substantial progress in the negotiations. Banning TikTok has been one of the main concerns of the US government since it was first put forward by former President Trump. The country is conce ..read more

Have you ever wanted to own stock in one of the world’s most renowned tech companies? Now might be your chance! Software and tech giant, NVIDIA, is seeing its stocks soar as of late.  What is NVIDIA? NVIDIA is a part of the “Magnificent Seven”, companies that have been driven by artificial intelligence (AI) optimism in the past few years. These companies include Apple, Alphabet, Amazon, Meta, Microsoft, Nvidia, and Tesla. NVIDIA in particular is of significant importance as it is a major player in the high-performance graphics processing units (GPUs) market which are used for a variety o ..read more

Have you ever wanted to own stock in one of the world’s most renowned tech companies? Now might be your chance! Software and tech giant, NVIDIA, is seeing its stocks soar as of late.  What is NVIDIA? NVIDIA is a part of the “Magnificent Seven”, companies that have been driven by artificial intelligence (AI) optimism in the past few years. These companies include Apple, Alphabet, Amazon, Meta, Microsoft, Nvidia, and Tesla. NVIDIA in particular is of significant importance as it is a major player in the high-performance graphics processing units (GPUs) market which are used for a variety o ..read more

Following Singapore’s lead, the Malaysian government has announced a pilot initiative set to take place in June that will allow Malaysians riding on factory buses to pass immigration checks using QR codes. The initiative is the brainchild of Malaysia’s Ministry of Home Affairs, and it follows a successful similar initiative by the Singapore Immigration and Checkpoints Authority (ICA)’s move to introduce a QR code clearance for car travellers on their side of the border. Since its introduction in March, Singapore’s QR code initiative has been met with positive feedback from travellers and work ..read more

Picture this: you’ve been working at your job for a good few months, with no problems whatsoever. Then, on a random day, you decide to check out your EPF balance. That is when you find out the amount hasn’t increased since you started your new job. If it’s your first job and your EPF account empty, this means your employer hasn’t been contributing to your EPF all this while. At the same time, you should also check that your Socso contribution is up to date. We will explain more on this below. What’s your next step? If you don’t know what you should do in this situation, read on. The importanc ..read more

Nestle Malaysia is set to raise prices of selected products according to CEO Juan Aranols. He said that the increase will be minimal to avoid impacting consumers too much. However, the revision is necessary due to volatility in the commodity market. Nestle is expecting subdued sentiment this year due to factors like food inflation. The cost of cocoa has risen six percent last week. “The company is cautious about price increases, which can affect customers’ purchasing power. “However, due to the volatility in the commodity markets – of course, we will not fully pass on the impact – there may b ..read more

Popular Instagram model and influencer Siew Pui Yi has filed a civil suit against her ex-business partner for allegedly defrauding her of RM4.3 million between 2022-2023. The civil suit was filed online yesterday through her lawyer, K. Mahendren, at the Penang High Court. According to news reports, Ms Puiyi as she is known online, stated at a press conference that she initiated the civil suit against her former business partner, a man known as ‘Mentos’ due to him allegedly cheated and deceived her into handing him over approximately RM4.3 million. She stated that the 29-year-old man was a dir ..read more

The Ministry of Science, Innovation and Technology (MOSTI) has launched the Artificial Intelligence (AI) Sandbox pilot programme, which they expect to create over 13,000 new talents and 900 startups. MOSTI’s minister, Chang Lih Kang stated in a report from The Star that the programme is a collaboration between MOSTI, The Higher Education Ministry, and the American technology company, Nvidia. This collaboration aims to transition Malaysia into a knowledge-based economy where AI is a key driver of innovation, productivity, and competitiveness.  Part of the initiatives included in the pilot ..read more

Maxis Bhd has announced its readiness to build a second 5G network and completely in favour of more healthy competition following the government’s decision for a dual-model approach to 5G network deployment. “We are ready to build another 5G network and have recently showcased the capabilities of a 5G-Advanced (5.5G) network supported by the Ministry of Communications and the Malaysian Communications and Multimedia Commission,” a Maxis spokesperson recently told Bernama. For context, it appears that the complex government-sponsored settlement agreement reached in early December between state ..read more