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Chinese AI chipmakers face mixed reactions to Nvidia H200 block
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Chinese AI chipmakers face mixed reactions to Nvidia H200 block

The US has confirmed that under a new set of stringent regulations, Nvidia's H200 is permitted to be exported to the Chinese market, and Chinese customers have expressed strong demand. However, the Chinese government has shown no intention of granting approval, causing supply chain plans that were originally preparing to ship to be put on hold. Currently, the main obstacle to entering the Chinese market is the mindset of the Chinese authorities. From the Chinese government's perspective, since domestic AI chips are already usable, there is no need to further allow China's AI development to rely more heavily on the US and Nvidia.

#TECH
Samsung Galaxy S25 Ultra January 2026 Update: Full Details
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Samsung Galaxy S25 Ultra January 2026 Update: Full Details

Samsung has released a new software update for the Galaxy S25 Ultra, focusing on enhancing security, improving performance, and making sure system stability. This update, powered by One UI 8.0 and based on Android 16, does not introduce new features but instead prioritizes system optimization and vulnerability fixes. Below is a detailed overview of what [...]The post Samsung Galaxy S25 Ultra January 2026 Update: Full Details appeared first on Geeky Gadgets.

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Instagram tests changing 'following' to 'friends' in user profile
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Instagram tests changing 'following' to 'friends' in user profile

Instagram is testing changes that place greater emphasis on connections between users who follow each other, according to Business Insider.As part of the test, the platform is replacing the ‘Following’ count on some user profiles with a ‘Friends’ count. The new label reflects the number of people who mutually follow one another, rather than the total number of accounts a user follows.The platform is running the update as a small global test, a Meta spokesperson noted, cited in the media report. The goal is to understand how users respond to seeing more content from friends in the app.In a post shared by app researcher Radu Oncescu in November, the platform replaced the 'Following' count with a 'Friends' label, showing the number of users who have a mutual following relationship on the app.The spokesperson also stated that friends are central to the platform’s experience, and it is exploring ways to make these connections more visible and meaningful.Meta is also testing changes in the feed that label some content as ‘friends’ instead of ‘posts’ or ‘following,’ according to Business Insider.The experiment comes as the platform’s feed has increasingly featured content from influencers, brands and automated accounts, reducing the focus on posts from personal connections. In recent years, the platform has added features aimed at strengthening interactions among friends, including tools centered on direct messaging.These updates include ‘Close Friends,’ a shared Reels feed called ‘Blend,’ and a friends-focused feed within the Reels tab that shows content friends are engaging with. Instagram has also introduced a social mapping feature similar to Snapchat’s map.

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The year of the ‘hectocorn’: the $100bn tech companies that could float in 2026
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The year of the ‘hectocorn’: the $100bn tech companies that could float in 2026

OpenAI, Anthropic, SpaceX and Stripe are rumoured to be among ten of the biggest companies considering IPOsYou’ve probably heard of “unicorns” – technology startups valued at more than $1bn – but 2026 is shaping up to be the year of the “hectocorn”, with several US and European companies potentially floating on stock markets at valuations over $100bn (£75bn).OpenAI, Anthropic, SpaceX and Stripe are among the big names said to be considering an initial public offering (IPO) this year. Continue reading...

#ECONOMY
Pakistani fintech Neem secures Pre-Series A funding from Epic Angels, global investors
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Pakistani fintech Neem secures Pre-Series A funding from Epic Angels, global investors

Epic Angels, the world’s largest all-female investment collective, has announced its participation in the Pre-Series A funding round of Neem, a Pakistani fintech, in a move aimed at accelerating the growth of the country’s full-stack payments infrastructure platform.Joining the Pre-Series A investment round alongside Epic Angels are DNI Group, Hi2 Global, AKD, supported by existing seed investors including SparkLabs Ventures, Outrun Ventures, Arif Habib, and MyAsiaVC, as well as strategic angels from Stripe, PayNet, Aspire, and other global fintech and payments leaders, according to a company statement.Talking to Business Recorder, Neem’s co-founder, Vladimira Briestenska, said that Epic Angels invested in the fintech as it is building foundational financial infrastructure in a large, under-digitised market at exactly the right moment.“Neem stood out for its full-stack platform, combining collections, disbursements, and branded wallets and ledger system, and its early enterprise traction across logistics, insurance, and e-commerce.“Beyond the market opportunity, Epic Angels had strong conviction in Neem’s experienced founding team, including the leadership of a strong woman founder, and the team’s ability to execute at scale,” she said.Founded by Vladimira Briestenska, Nadeem Shaikh, and Naeem Zamindar, Neem commercially went to market in January 2025. The platform has scaled rapidly, growing transaction volumes by over 30% month-on-month, and currently supports 50+ B2B businesses across logistics, insurance, healthcare, e-commerce, and agriculture.According to the company, Pakistan’s payments ecosystem remains highly fragmented, with businesses often relying on multiple payment providers to collect revenue, pay vendors, and manage payroll. This results in operational inefficiencies, manual reconciliation, and limited real-time financial visibility for enterprises and SMEs across key sectors of the economy.“Neem is addressing these challenges by building a full-stack payments platform that enables collections, disbursements, and branded wallets through a single API, similar to how modern payments infrastructure platforms operate in more developed markets,” the company said.Briestenska noted that Neem’s growth strategy is focused on winning large enterprises by offering an integrated infrastructure layer rather than isolated payment use cases.“While many players in Pakistan focus on isolated use cases, such as collections only or consumer wallets, Neem is differentiated as a full-stack payment infrastructure provider that unifies collections, disbursements, and branded enterprise wallet and ledger systems.“This approach resonates strongly with large businesses that currently juggle multiple providers to manage revenue, payouts to multiple stakeholders, payroll, and reconciliation.By integrating deeply into enterprise workflows and offering a single, compliant infrastructure layer, Neem reduces operational complexity and becomes increasingly embedded and difficult to replace.”She added that this enterprise-led strategy allows Neem to consolidate its share in a fragmented market and scale organically through expansion within existing client ecosystems.On geographic expansion, Briestenska said Neem remains firmly focused on Pakistan as its core growth engine.“At the same time, Neem is selectively exploring adjacent, use-case-driven expansion, particularly in areas such as cross-border remittance rails that naturally extend from its existing platform and enterprise relationships.“The strategy is to build depth locally first, while laying the groundwork for scalable, cross-border flows where there is clear regulatory alignment and commercial demand.”The funds raised will be used to scale Neem’s technology infrastructure, strengthen cybersecurity and data protection, expand enterprise partnerships, and accelerate onboarding across key sectors, including logistics, insurance, healthcare, e-commerce, and agriculture.Explaining Epic Angels’ investment motive, Maaike Doyer, Founding and Managing Partner at Epic Angels, said global payments giants remain concentrated in developed markets, leaving substantial room in emerging economies.“Big players like Stripe and Adyen collectively hold less than 10% of the global payments market and are focused on established markets, leaving a massive opportunity for local platforms like Neem.”“With large enterprises across logistics, insurance, and agriculture already signed, Neem is well-positioned to become the financial operating system powering Pakistan’s digital economy.”Epic Angels support early-stage, female-led startups in APAC (Asia-Pacific) and LATAM (Latin America) with capital, mentoring and a global network. The network counts over 800 female angel investors and has made 44 investments to date across industries.

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China doubling down on consumption as route out of export reliance: ex-PBOC official
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China doubling down on consumption as route out of export reliance: ex-PBOC official

China is pushing consumption to grow faster than overall economic expansion as the nation accelerates a shift to domestic demand-driven growth amid external criticism over trade imbalances, a former deputy governor of the People’s Bank of China said at the World Economic Forum.“The policy says consumption growth [should be] stronger than GDP growth ... [and] income growth will be higher than GDP growth,” Zhu Min said in Davos, Switzerland, explaining that this is the key performance indicator for...

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