From chatbots to agents: Why mid-sized companies are upgrading their conversational AI in 2025
In 2025, the evolution from basic chatbots to intelligent conversational agents is no longer a trend, it's a business imperative. For mid-sized companies, the pressure to compete with large enterprises and meet rising customer expectations has reached a tipping point. As a result, more and more of these businesses are rethinking their digital interaction strategies and upgrading their…
Kling AI Celebrates First Anniversary; Achieves Annualized Revenue Run Rate Surpassing USD100 Million in 10th Month Since Launch
HONG KONG, June 6, 2025 /PRNewswire/ -- Kuaishou Technology ("Kuaishou" or the "Company"; HKD Counter Stock Code: 01024 / RMB Counter Stock Code: 81024), a leading content community and social platform, today announced that its globally leading large video generation model, Kling AI, achieved an Annualized Revenue Run Rate (see Note 1) surpassing USD100 million in March 2025, the tenth month…
Tata Communications Unveils New Cable System to Supercharge Next-Gen Global Connectivity
MUMBAI, India, June 5, 2025 /PRNewswire/ -- In a major advancement for network connectivity for businesses across Asia and beyond, Tata Communications, a leading global communications technology player, today announced the integration of a new submarine cable system —TGN-IA2 — constructed by the Asia Direct Cable (ADC) consortium, into its existing network fabric.
Built to deliver seamless…
Malaysia’s MPay secures Labuan FSA license to fuel regional and global Fintech expansion
ManagePay Systems Berhad (MPay), a Malaysian fintech company, announced Wednesday that Labuan Financial Services Authority (Labuan FSA) has approved MPay to establish a subsidiary in Labuan, namely MPay SPV Labuan Ltd. (MPay Labuan).
MPay said in a statement that the Labuan subsidiary will operate a credit token business and digital financial services, as well as a payment system targeting…
Tencent Cloud and GoTo Complete Groundbreaking Migration of GoTo’s On-Demand Services
GoTo's On-Demand Services systems located fully in Indonesia, ensuring optimal app performance, while supporting Indonesia's data sovereignty
JAKARTA, Indonesia, June 5, 2025 /PRNewswire/ -- Tencent Cloud, the cloud business of global technology leader Tencent, and GoTo Group, Indonesia's largest digital ecosystem, today announced the successful migration of GoTo's On-Demand Services systems to…
CLO and Coach Announce Global 3D Design Contest: “The Handbag Edit”
Top Digital Fashion Design Software Developer and Global Fashion Icon Partner to Empower Next-Gen Handbag Designers
NEW YORK, June 3, 2025 /PRNewswire/ -- CLO Virtual Fashion, creator of leading 3D fashion design software CLO, together with Tapestry, Inc., a house of iconic accessories and lifestyle brands including Coach, today announced "The Handbag Edit," a 3D design competition inviting…
SHEIN Further Intensifies Product Safety & Quality Protocols, Targets 2.5 Million Tests in 2025
SINGAPORE, June 3, 2025 /PRNewswire/ -- Global fashion and lifestyle online retailer and marketplace, SHEIN, has rolled out new targets and strengthened initiatives for 2025 to further enhance the company's product compliance and quality protocols, reinforcing SHEIN's commitment to product safety and quality and bolstering compliance with statutory obligations in relevant markets.
SHEIN has…
Equinix completes acquisition to bolster digital innovation in the Philippines
Equinix, Inc., the world’s digital infrastructure company, announced Tuesday the completion of the acquisition of three data centers in Manila, the Philippines, from Total Information Management, a technology solutions provider.
Equinix said in a statement that the three carrier-neutral and high-performance data centers – MN1, MN2 and MN3 – provide more than 1,000 cabinets of capacity and land…
Vynn Capital, DHL Express renew MoU to empower Malaysia’s startup and SME community
Malaysia-based venture capital firm Vynn Capital, has renewed its partnership with DHL Express, the international express service provider, to jointly support the development and growth of local small and medium-sized enterprises (SMEs) by elevating their visibility and reach.
Vynn Capital said in a statement on Tuesday that under the memorandum of understanding (MoU), both companies will…
Where Excellence Meets Intelligence – ProPak China Celebrating its 30th anniversary in 2025
SHANGHAI, June 3, 2025/PRNewswire/ -- Organized by Sinoexpo Informa Markets, ProPak China 2025, the premier trade fair for the processing and packaging industry in China, is set to take place from June 24 to 26, 2025, at the National Exhibition and Convention Center (NECC) in Shanghai. Co-located with FoodPack China, Hi & Fi Asia-China, HNC, and Starch Expo, the event will span 200,000 square…