In Case You Missed It

Business and tech news round-ups



Davos Panel Talks about the Prospects in Blockchain after the Crypto Market Crash

In a CNBC panel, co-founder of Celo and President of the Celo Foundation, Rene Reinsberg, CasperLabs’ co-founder and CTO Medha Parlikar, and Chainalysis’ CEO and co-founder Michael Gronager discuss what’s next for cryptocurrencies after the market crash.




Google Debuts a ChatGPT Rival Called Bard In Limited Release

Google finally jumped into the generative AI race, announcing a service called Bard, a rival to the popular ChatGPT bot. The service will be initially available to a limited group of testers before a wider release in “coming weeks,” CEO Sundar Pichai said in a blog post.




‘No Longer Science Fiction’? Metaverse Could Pump $1.4 Trillion a Year into Asia’s GDP, Report Says

Meta’s huge bet on the metaverse may have put the company in dire straits, but a new Deloitte report suggests that virtual realities could have “transformational effects” on Asian economies.




China’s Tencent Wants to Expand Its Presence in Singapore — And Chinese Tourists Are a Big Reason

Tencent is expanding its presence in Singapore — and China’s a big reason. The Chinese tech giant has struck new partnerships with Singapore businesses, such as the ride-hailing app Grab through its digital messaging app, WeChat/Weixin.




Dell to Cut 5% Of Global Workforce as ‘Uncertain Future’ Looms

Dell is to cut 6,650 jobs or 5% of its global workforce, as the PC maker becomes the latest US tech firm to reduce costs amid economic uncertainty. Dell told employees that market conditions were deteriorating and that initial attempts to save money, such as a hiring freeze and travel curbs, were not enough.