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Google has signed its first corporate power purchase agreements for geothermal energy in Taiwan, marking a significant step in the Asia-Pacific region. The projects, developed by Baseload Capital, aim to add 10 megawatts of geothermal power to Taiwan’s grid, supporting the country's goal of 6 gigawatts by 2050. This initiative aligns with Taiwan's ambition to become the "Asia-Pacific Green Energy Hub," diversifying its renewable energy portfolio and enhancing sustainability efforts in response to growing electricity demand.
Figma has confidentially filed for an initial public offering (IPO) in the U.S., following the collapse of a $20 billion acquisition by Adobe due to regulatory pushback. This move highlights Figma's growth trajectory and the increasing importance of collaborative design tools in enterprise software, as the company continues to innovate despite market volatility.
The US government is pursuing efforts to break up major tech companies Google and Meta, a move that presents significant challenges. The complexities involved in dismantling these giants raise questions about the feasibility and implications of such actions on the tech landscape.
The High Court has ordered Google to pay a penalty for violating foreign exchange regulations. This decision underscores the legal scrutiny tech giants face regarding compliance with financial laws. The ruling highlights the ongoing challenges in regulating digital platforms in the financial sector.
AnyMind Group has appointed five leaders to enhance its focus on AI-driven business processes and digital transformation. Ryuji Takemoto becomes Chief Product Officer, while Kiatisak Watcharapruk and Masaki Okawa join as managing directors, bringing expertise from Google and Procter & Gamble, respectively. This strategic leadership shift aligns with the growing BPaaS market, projected to reach $92.9 billion by 2028.
Meta CEO Mark Zuckerberg testified in an antitrust trial, denying allegations that the company's acquisitions of Instagram and WhatsApp were intended to suppress competition. The FTC argues these acquisitions harm future innovation and seeks to force Meta to divest these assets, which could significantly impact its revenue. The trial's outcome may reshape the competitive landscape, reflecting a shift in antitrust enforcement focusing on innovation rather than just price effects.
Taiwanese stocks are poised for a rebound following US tariff exemptions on electronics, benefiting local manufacturers amid ongoing trade uncertainties. Analysts caution that while the market reacts positively, the temporary nature of these exemptions may lead to future disruptions as new semiconductor tariffs are anticipated.
In 2025, major tech companies including Google, Microsoft, and Meta are leading the wave of layoffs, reflecting ongoing challenges in the industry. These workforce reductions highlight the shifting landscape and economic pressures faced by leading firms in the tech sector.
Starting April 23, 2025, Google will implement the Markets in Crypto-Assets (MiCA) regulations for cryptocurrency advertisements across Europe. This move aligns with the European Union's efforts to create a comprehensive regulatory framework for the crypto industry.
Naver has launched the "Be Local" campaign aimed at foreign tourists, running until May 13, 2025. The initiative highlights popular Seoul neighborhoods like Myeong-dong and Itaewon, offering deals at local favorites and collaborating with brands such as Olive Young and Innisfree. Naver Map, available in English, Chinese, and Japanese, features translated reviews and custom filters to enhance the tourist experience amid Google's pursuit of access to South Korea's high-precision map data.
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Google signs first geothermal energy deal in Taiwan to boost renewable capacity
04:05 16.04.2025
Figma files for US IPO after failed acquisition by Adobe
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