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Transsion Holdings, the "King of African Smartphones," has submitted a third-quarter report card that's difficult to call satisfactory. Revenue for Q3 rose 22.6% year-over-year, but profits did not follow suit, with net profit dropping by 11%. For the first three quarters, net profit even plummeted

``` Chegg, the American online education giant that once benefited from the wave of remote learning during the pandemic, is now facing an existential crisis brought on by generative AI. On Monday local time, Chegg announced it would cut 45% of its global workforce, equivalent to about 388 positions. The 20-year-old

``` OpenAI is doubling down on the Indian market with a bold freemium strategy, announcing it will provide Indian users with a free one-year ChatGPT Go membership, aiming to rapidly expand its user base and influence in this key growth market. The AI giant announced on Tuesday, October 28, that starting

``` In September, the European car market saw its third consecutive month of growth, with surging sales mainly driven by demand for more affordable electric vehicle models. According to data released Tuesday by the European Automobile Manufacturers' Association (ACEA), new car registrations in Europe in September rose 11% year-on-year to

``` The clean energy demand from tech giants for artificial intelligence data centers is driving a wave of nuclear power plant restarts in the United States. Google has reached an agreement with NextEra, the largest renewable energy company in the U.S., to restart an Iowa nuclear power plant that has

``` Driven by both the artificial intelligence boom and expectations for corporate governance reform, the Korea Composite Stock Price Index (Kospi) has surged more than 66% this year, becoming the best-performing major stock index in the world. The driving forces behind this rise are attracting global investors’ attention. So far this