Lenovo’s third-quarter revenue jumps 20% as PC industry recovers.

Chinese technology company Lenovo reported a 20% rise in third-quarter revenue on Thursday, as the global personal computer industry showed modest signs of recovery. Lenovo, the world’s largest PC maker, reported revenue of $18.8 billion for the quarter ended December 31. That exceeded analysts’ expectations of $17.82 billion, LSEG data showed. The company’s net profit […]

Hong Kong’s finance and tech sectors to lead job market recovery this year: Robert Walters.

Hong Kong’s job market is showing signs of a recovery, with the financial services and technology sectors taking the lead in increasing headcount and salaries. Recruitment consultancy Robert Walters said on Monday that it was cautiously optimistic about hiring prospects this year, with employers intending to increase their permanent and contract workforce. The financial sector […]

ESMA aims to set crypto proficiency standards.

European securities regulators are consulting on proficiency requirements for providing advice on crypto under the region’s new regulatory framework for the crypto sector. The European Securities and Markets Authority (ESMA) issued a paper on Tuesday that seeks feedback on establishing minimum knowledge and competency requirements for the staff of crypto firms when it comes to […]

OpenAI weighs special voting rights to guard against hostile takeovers, FT reports.

OpenAI is considering granting special voting rights to its non-profit board to preserve the power of its directors, as the ChatGPT-maker fends off an unsolicited takeover bid from Elon Musk. Chief Executive Officer Sam Altman and board members are evaluating new governance measures as the company transitions to a traditional for-profit structure, the report said, […]