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KT and Hoa Binh signs MOU for AI speaker GiGA Genie

Tinuku – South Korean giant KT Corporation said on Sept. 18 that it has inked an initial agreement with Hoa Binh Construction Group to provide its artificial intelligence platform for hotels to be built by the Vietnamese builder.

The telco said its artificial intelligence speaker GiGA Genie can provide functions such as ordering room service and adjusting room temperature with voice commands. Currently, KT has installed the Giga Genie platform, similar to Amazon’s Alexa, in two hotels in Korea.

The memorandum of understanding is the first step for KT in exporting its Giga Genie platform in global markets, said Lee Pil-jae, a senior official handling marketing strategy at KT.

Microsoft awaits EU's October ruling on $7.5 billion acquisition of GitHub

Tinuku - U.S. tech giant Microsoft will not get a final say until Oct. 19 from EU antitrust regulators on its US$7.5 billion acquisition of the world's largest coding website GitHub, according to an EU merger filing published on Monday.

The filing, which was originally made on Sept. 14 but made public on the European Commission website Monday, makes a request for approval from the EU competition regulators, who will either clear Microsoft's deal or activate a more detailed probe into the merger case on the provisional EU-set deadline of Oct. 19.

Microsoft announced in June its plans to acquire GitHub for US$7.5 billion, the largest commercial takeover by Microsoft since 2016 when it bought LinkedIn for US$26 billion. The deal is due to close by the end of this year.

As the world top code-hosting website, GitHub claims more than 28 million developers and 85 million repositories on its platform. It is said to be used by more than half of the Fortune 50 companies.

The ambitious m…

OnePlus debut its first ever smart TV next year

Tinuku - Chinese smartphone maker OnePlus is planning to expand its product lineup beyond smartphones to smart televisions. The new division will be led by OnePlus founder and CEO Pete Lau alongside the existing smartphone division.

The company said addressing gaps in the television industry is a natural extension for them, after tackling it in the smartphone market by "balancing high-quality hardware with the latest in technology, building a seamless user experience, and crafting hardware that is minimalistic and timeliness in design."

"We want to bring the home environment to the next level of intelligent connectivity. To do this, we are building a new product of OnePlus’ premium flagship design, image quality and audio experience to more seamlessly connect the home" said Lau.

"For most of us, there are four major environments we experience each day: the home, the workplace, the commute, and being on-the-move. The home - perhaps the most important environmen…

Tech giants to establish AI centers in Shanghai

Tinuku - Microsoft, Amazon, Alibaba, and several other international tech giants announced to establish AI-related innovation centers and research institutes in Shanghai at the on-going World Artificial Intelligence Conference 2018.

Amazon Web Services (AWS), a secure cloud services platform within, announced to establish the AWS AI research institute in Shanghai, the first in the Asia-Pacific.

The AWS AI research institute will conduct multi-language natural language processing research centered on Mandarin Chinese and provide an open source deep learning ecosystem to help Chinese customers launch AI and machine learning applications.

Swami Sivasubramanian, vice president of AWS, said they had cooperated with some Chinese companies like TuSimple, an autonomous truck solution provider, and smart financial technology company CreditX, who use AWS machine learning and AI cloud service to structure their key business applications.

"With the AI research institute establishe…

Ola forays into New Zealand in latest overseas push

Tinuku - Indian ride-hailing platform Ola said on Tuesday it plans to launch operations in New Zealand, and expand its overseas rivalry with U.S.-based peer Uber Technologies Inc.

The Indian start-up founded in 2011, which is backed by Japan’s SoftBank Group, first expanded its international operations with a foray into Australia and the United Kingdom earlier this year.

Brian Dewil has been appointed as country manager for New Zealand operations, Ola said. The company, which is competing with Uber in India’s US$12 billion taxi market, did not provide further details about its expansion plans.

Ola has also raised US$50 million at a valuation of roughly US$4.3 billion from Hong Kong-based Sailing Capital and the China-Eurasian Economic Cooperation Fund. Ola did not immediately respond to a request for comment.

Fashion guru Yusaku Maezawa lands first SpaceX moon flight

Tinuku - SpaceX, Elon Musk’s space transportation company, on Monday named its first private passenger on a voyage around the moon as Japanese billionaire Yusaku Maezawa, the founder and chief executive of online fashion retailer Zozo.

A former drummer in a punk band, Maezawa’s moon flight is tentatively planned for 2023 aboard SpaceX’s forthcoming Big Falcon Rocket spaceship, taking the race to commercialize space travel to new heights.

The first person to travel to the moon since the United States’ Apollo missions ended in 1972, Maezawa’s identity was revealed at an event on Monday evening at the company’s headquarters and rocket factory in the Los Angeles suburb of Hawthorne.

“He’s a very brave person to do this,” Musk said.

Most famous outside Japan for his record-breaking US$110 million purchase of an untitled 1982 Jean-Michel Basquiat painting, Maezawa said he would invite six to eight artists to join him on the lunar orbit mission.

The billionaire chief executive of electric c…

Huawei leads 5G with R&D investment of $13.2 billion last year

Tinuku - To prepare for the upcoming commercialization of the fifth-generation network early next year, Huawei has been making sizable investments in research and development for 5G technologies, with the amount reaching some US$13.2 billion last year.

“For the next 10 years, the company will continue expanding investments, more than $10 billion each year, in new technological innovation,” said rotating CEO Ken Hu at the Huawei Analyst Summit in April.

That investment by the Shenzhen-headquartered network equipment and solutions provider equaled 14.9 percent of its annual sales. In July, Huawei announced a $5 billion increase in its R&D budget for this year, with 20 to 30 percent of the increase said to be allocated for basic science research.

Such R&D efforts led the company to its current position as the world’s biggest 5G patent holder, with 1,481 patents in the field of 5G New Radio, according to the European Telecommunications Standards Institute. Across all sectors, Huaw…

Samsung works with Google on advanced mobile messaging services

Tinuku - Samsung Electronics, the world’s largest smartphone maker by sales, announced earlier this week that it will collaborate with Google to offer improved mobile messaging services.

The joint project is aimed at enabling, through what is called a rich communication services protocol, smartphone users to group chat, send messages over Wi-Fi, and exchange large media files across platforms without the need of an additional app or account.

“At Samsung, we adhere to a model of open collaboration to bring premium experiences to our customers across products,” said Patrick Chomet, executive vice president of Samsung’s mobile communications business in a press release.

“By furthering our robust partnership with Google, we will bring a richer messaging experience to our customers, letting them seamlessly chat with their friends and family across messaging platforms,” Chomet said.

The RCS protocol was developed more than a decade ago in a bid to make up for the shortcomings of SMS, but i…

BigBasket and Grofers revive merger talks

Tinuku - Grocery startups BigBasket and Grofers have revived talks for a merger as their investors Alibaba Group Holding Ltd and SoftBank Group Corp. look to join hands, ahead of a costly market share battle with Amazon and Walmart Inc. owned Flipkart to dominate India’s online grocery market.

The proposed deal involves BigBasket acquiring its smaller rival, the sources said. If the deal goes through, the merged entity could raise US$250 million from Alibaba Group Holding Ltd. Japan’s SoftBank Group Corp. and other investors could pour more capital into that entity.

Grofers, Big Basket and SoftBank declined to comment. A merger of BigBasket and Grofers makes sense for their investors. The online grocery business is a top priority for Walmart and Amazon and they are expected to pump in hundreds of millions of dollars to expand their fledgling grocery operations.

Rather than raising capital separately, BigBasket and Grofers would be better off as a merged entity. Bengaluru-based Big Bas…