Viaim Completes Pre-A Round Financing, Raising Millions of Dollars
Viaim earbuds integrate AI with audio technologies AsianFin -- Viaim, an AI-powered earbud hardware startup, on Tuesday announced that it has raised millions of dollars in Pre-A round financing. This fund-raising round was led by Zoo Capital, with the participation of Monad Capital. Previously, the company had completed a seed round financing in 2021 and an angel round in 2023. The proceeds from the round will be used for computing power and algorithm services, continuous iteration and expansion of the product matrix, development of overseas markets, and enhancement of offline channel layout. In a dazzling array of AI terminal concepts, viaim stands out primarily due to its first-mover advantages in the AI-powered earbuds sector. Viaim was embraced by investors, which underscored inv
Apple Hampered by Wall Street Downgrades on Weak iPhone Sales, Slower AI Uptake
TMTPOST -- Apple Inc. shares as much as 4.6% and finished 3.2% lower to $222.64 on Tuesday, the lowest close since November 4. Shares were hampered after the Wall Street downgrades raised concerns over weak iPhone sales and less-than-expected consumers’ appetite for interest artificial intelligence (AI). Credit:Apple Jefferies analysts on Monday downgraded Apple from hold to underperform, a rating that rarely showed pessimism for the iPhone maker. They cut their price target on Apple by 13% to $200.75, representing a 9.8% decline from Tuesday close. Analysts led by Edison Lee warned iPhone demand would suffer a material reduction ahead of the next generation iPhone released this year. "We lower forecasts driven by weak iPhone sales and the general [consumer electronics] mar
Trump Announces $500 Billion AI Infrastructure Investment from OpenAI, SoftBank and Oracle
TMTPOST -- U.S. President Donald Trump announced on Tuesday billions of dollars of investment in artificial intelligence (AI) infrastructure through a joint venture founded by OpenAI, SoftBank Group Corp. and Oracle Corp. Credit:Outside Insight The new venture, called Stargate, plans to input a total of up to $500 million with initial investment of $100 billion in AI projects, and is expected to create “over 100,000 American jobs almost immediately”, Trump said in a White House briefing on Tuesday. “We’re starting off with tremendous investment coming into our country at levels that nobody’s really ever seen before,” Trump said told reporters. "What we want to do is we want to keep it in this country. China is a competitor, and others are competitors," Trump said. "It's technology an
TMTPOST -- U.S. President Donald Trump signaled on Tuesday he could impose steep tariffs on Chinese trade to his country next month, though not taking actions on his first day in office as he previously warned. Credit:Xinhua News Agency “We’re talking about a tariff of 10% on China based on the fact that they’re sending fentanyl to Mexico and Canada,” Trump told reporters at the White House on Tuesday evening. “Probably Feb. 1 is the date we’re looking at,” the newly inaugurated president added. Trump also reiterated his team is considering imposing 25% tariffs on Canada and Mexico. The president said late Monday that his administration is thinking of slapping 25% tariffs on Canada and Mexico. “We're thinking in terms of 25% on Mexico and Canada, because they're allow
Trump Signs Executive Order to Give a 75-Day Reprieve from TikTok Ban
TMTPOST -- As promised, U.S. President Donald Trump signed an executive order on Monday, his first day in office, to avoid TikTok shutting down in the country under a sell-or-ban law. Credit:Xinhua News Agency Trump issued an executive order to suspend application of the Protecting Americans From Foreign Adversary Controlled Applications Act (the “Act”) to TikTok temporarily. “I am instructing the Attorney General not to take any action to enforce the Act for a period of 75 days from today to allow my Administration an opportunity to determine the appropriate course forward in an orderly way that protects national security while avoiding an abrupt shutdown of a communications platform used by millions of Americans,” Trump said in the executive order. During the 75 days, the U.S.
What to Expect from Donald Trump's Second Term as U.S. President
TMTPOST -- Earlier this month, a spokesperson for Donald Trump said that the incoming president is preparing more than 100 executive orders for his first day back in the White House. This flurry of action is expected to focus heavily on border security, deportations, and other key policy priorities, marking the start of what some are calling a "shock and awe" campaign. Karoline Leavitt, his press secretary, further noted that Trump would use his executive power to deliver on many campaign promises, assuring the public that "the American people are going to be pleased with what they see from President Trump within mere minutes of his return to the Oval Office." Trump has made promises on a wide array of issues, including immigration, energy, education, LGBT and the
U.S. President-elect Donald Trump Launches New Meme Coin $Trump
TMTPOST -- U.S. President-elect Donald Trump has launched a new cryptocurrency token that has surged in value, potentially boosting his net worth just days before his inauguration. This move is the latest in a series of unconventional promotions by Trump, who has previously marketed branded products like bibles, gold sneakers, and diamond-encrusted watches. “It’s time to celebrate everything we stand for: WINNING! Join my very special Trump Community,” Trump announced in a social media post on Friday night. The token is being marketed with an image of Trump raising a fist alongside the slogan “FIGHT FIGHT FIGHT,” referencing his defiant response to an attempted assassination at a political rally in July. Although the website selling the tokens emphasizes they are for symbolic support rathe
TikTok Restores US Service after Trump Vows Executive Order to Delay Ban
TMTPOST -- TikTok announced on Sunday the short video application is restoring its service in the United States after the U.S. president-elect Donald Trump vowed actions to delay a sell-or-ban law once he takes office. Credit:Pixabay “In agreement with our service providers, TikTok is in the process of restoring service,” TikTok said in a statesmen on Elon Musk’s social media platform X. The company thanked Trump for his providing the necessary clarity and assurance to its service providers. “We will work with President Trump on a long-term solution that keeps TikTok in the United States,” TikTok added. The statement marks TikTok resumed its U.S. service less than a day. The popular app said late Saturday it was unavailable for U.S. users ahead of a deadline of pos
TikTok Says App Will Shut Down Sunday Unless Biden Administration Assures Non-Enforcement of Ban
TMTPOST -- TikTok warned on Friday the short video application will have to shut down its U.S. operation on Sunday unless the outgoing Biden administration assures non-enforcement of a pending ban. Credit:Pixabay “Unless the Biden Administration immediately provides a definitive statement to satisfy the most critical service providers assuring non-enforcement, unfortunately TikTok will be forced to go dark on January 19,” TikTok said in a statement issued on Friday. The social media platform claimed the possible shutdown resulted from the White House and the Department of Justice’s failure to provide the necessary clarity and assurance to the service providers that are integral to maintaining TikTok's availability to over 170 million Americans. The statement was released as part of re
Trump to Make Decision on TikTok after Supreme Court Upholds US Ban as Early as This Weekend
TMTPOST -- The Supreme Court on Friday hit TikTok with ruling in favor of a impending ban in the United States as early as this weekend. TikTok’s future thus lies in president-elect Donald Trump’s hands. Credit:Pixabay The Supreme Court justices unanimously upheld the Protecting Americans From Foreign Adversary Controlled Applications Act (the “Act”) that forces TikTok to shutter its U.S. operation unless the Chinese company ByteDance Ltd. to divest the super popular short video platform by January 19, this Sunday. The court rejected TikTok’s call for strict scrutiny as the Act’s prohibitions violate the First Amendment. For the court, U.S. Congress passed the Act and determined that divestiture is necessary to address its “well-supported national security concerns”, which bec