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☆ China wants its nepo-baby and get-rich-quick influencers gone
▼ + stars: | 2024-05-24 | by ( Matthew Loh | ) www.businessinsider.com time to read: +4 min

China's biggest social media platforms launched a synchronized crackdown on parading wealth last week, removing thousands of posts and punishing dozens of influencers for promoting "bad values." Showing luxury services or goods to exaggerate how one can earn "millions in a month," achieve financial independence or start a lucrative business from scratch. Xu claimed that the barred influencers grew their fame by "showing off their wealth" and, in turn, became rich by selling products on livestreams. AdvertisementMore recently, common prosperity has evolved into a crackdown on "excessive wealth," with the central government stepping up regulations on private industry giants and wealthy families. Beijing seems to have toned down its rhetoric of common prosperity as its economy struggled in the post-COVID era.

Persons: —, Xu Qiuying, Xu, Xi Jinping, laud Organizations: Service, Business, Twitter, Weibo, Beijing, Central Cyberspace Affairs Commission, China's Locations: China, Weibo, Xiaohongshu, Beijing

☆ It's not just you, the AI dump feels never-ending right now
▼ + stars: | 2024-05-24 | by ( Ana Altchek | ) www.businessinsider.com time to read: +5 min

Read previewIf you feel like you can't keep up with the deluge of AI announcements, you're not alone. In the last two weeks, developers and consumers have been bombarded with a steady stream of AI updates and product launches, showing just how heated the AI race has become. Gartner's Chandrasekaran gave two reasons for why the flurry of AI announcements is happening now. AdvertisementThat means that there's going to be a lot of so-called AI washing and AI marketing as companies fight for a chance to get noticed, Chandrasekaran added. "And they could be calling it AI or they may be using more classic machine learning and calling it like Gen AI."

Persons: —, Eric Schmidt, OpenAI, Arun Chandrasekaran, Sundar Pichai, Gartner's Chandrasekaran, Chandrasekaran, It's, There's, it's, there's Organizations: Service, Business, Google, Gemini, Project Astra, Microsoft, Apple, Gartner, Bloomberg Locations: Paris

☆ Ex-Reddit CEO says tech giants are shipping subpar products because they are obsessed with winning the AI race
▼ + stars: | 2024-05-23 | by ( Kwan Wei Kevin Tan | ) www.businessinsider.com time to read: +1 min

Ex-Reddit CEO Yishan Wong says tech giants are obsessed with AI but shipping bad products. "The big internet giants are in a state of memetic competition over AI," Wong said. Wong said tech companies are forcing everyone to use their LLM-powered products. AdvertisementTech giants are letting their obsession with AI affect the quality of the products they're launching, former Reddit CEO Yishan Wong said on Wednesday. "This is leading to all of them integrating LLM-powered AI into their products, but the AI sometimes gives flawed answers, which is problematic in products where the existing quality/accuracy expectation was higher," Wong continued.

Persons: Yishan Wong, Wong, — Organizations: Service, Tech

"We need much more European big players, and I think Mistral AI can be one of them," Macron said of France's leading AI company. Macron also praised H, the newly launched French AI startup that announced this week it had raised a massive $220 million from its initial round of financing. He compared allowing American tech giants to operate under U.S. regulations while in Europe, to allowing a French bank in the United States to ignore American banking regulations. When it comes to China, however, Macron implied that he thought some U.S. tech regulations had gone too far. "Look, I think China is a competitor when you speak about trade, innovation and economy.

Persons: Emmanuel Macron, Macron, CNBC's Andrew Ross Sorkin Organizations: France —, Microsoft, CNBC, European, EU Artificial Intelligence, European Union, Google, TikTok Locations: PARIS, France, France — Europe, China, United States, U.S, Paris, Mistral, Europe, Washington, Brussels

☆ Big Tech goes on AI charm offensive in Europe as regulators circle
▼ + stars: | 2024-05-23 | by ( Ryan Browne | ) www.cnbc.com time to read: +6 min

It's worth noting that their comments come as the world's first major law governing AI, the EU's AI Act, was given the final greenlight. Meanwhile, European Commissioner Thierry Breton, a major architect of rules around Big Tech, is set to speak later in the week. Vogels, who is tasked with driving technology innovation within Amazon , said that AI can be used to "solve some of the world's hardest problems." Manyika said Google open-sourced its watermarking tech so that any developer can "build on it, improve on it." "I am concerned that there is potential for monopolies to emerge around Big Tech and AI," he said.

Persons: Rafael Henrique, Lightrocket, Werner Vogels, Society James Manyika, Thierry Breton, Vogels, Manyika, it's, Google's, Gemma AI, Emmanuel Macron, Eric Schmidt, Yann LeCun, Macron, Matt Calkins, Appian, Calkins Organizations: Getty, France —, Viva Tech, Amazon Chief, Google, Technology, Society, Regulators, Big Tech, European Union, Microsoft, Amazon, Meta, Elysee, CNBC Locations: PARIS, France, Paris, Jakarta, Indonesia, View , California, U.S

☆ Corporate America is going through a middle-management meltdown
▼ + stars: | 2024-05-23 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +6 min

Middle managers are becoming an endangered species in Corporate America, with some companies viewing the role as obsolete , writes Business Insider's Lindsay Dodgson. Remote work, tech efficiencies, and a general push to cut costs have contributed to middle managers' demise. It's a strategy Corporate America, particularly Big Tech, deployed in 2023. The "year of efficiency," as Mark Zuckerberg dubbed it, was all about flattening organizations, and middle managers were the ones getting squished . The death of middle managers could also fuel the current dismantling of another cohort: the middle class .

Persons: —, Brooks Kraft, Insider's Lindsay Dodgson, millennials, Gen Zers haven't, Robyn Phelps, they're, Mark Zuckerberg, Gen, Jeffrey Gundlach, we're, Blackstone, Abanti Chowdhury, Jensen Huang, Hopper, Blackwell, Lilit, Tyler Le, Dan DeFrancesco, Jordan Parker Erb, Hallam Bullock, George Glover Organizations: Service, Business, Brooks Kraft LLC, Getty, America, Big Tech, Citi, Street Journal, KKR, Meta, Google, Nvidia, Paragon Intel, National Association of Realtors, FAA Locations: Corporate America, millennials, New York, London

☆ Alibaba bets on AI to fuel cloud growth as it expands globally to catch up with U.S. tech giants
▼ + stars: | 2024-05-23 | by ( Arjun Kharpal | ) www.cnbc.com time to read: +1 min

Alibaba on Thursday said it expanded its global cloud computing availability, while the head of the unit's international arm touted the company's AI products as a way to fuel growth. "We want to have ... more efforts and investments for our international data centers," Selina Yuan, President of Alibaba Cloud's international division, told CNBC in an interview on Wednesday. The push for growth follows a turbulent time for Alibaba Cloud, after the division scrapped a planned initial public offering and underwent a management reshuffle. Alibaba's cloud division began to expand internationally in 2015 with so-far mixed results. Amazon , Microsoft and Alphabet -owned Google account for around 67% of global cloud market share, according to Synergy Research Group.

Persons: Selina Yuan, Alibaba, — Organizations: CNBC, Microsoft, Synergy Research Locations: Mexico, Malaysia, Thailand, South Korea, China, Asia

☆ 9 little-known growth stocks with exposure to AI or other transformative trends, according to a top-5% fund manager in the last 10 years
▼ + stars: | 2024-05-22 | by ( James Faris | ) www.businessinsider.com time to read: +6 min

Industry analysts think the AI revolution is still in its early stages, and longtime fund manager Chris Retzler agrees. But the market veteran believes small, under-the-radar growth stocks—not the well-known companies that have already surged — are the best way to play the AI boom. AdvertisementHow to invest in small caps — and where to find themSince 2008, Retzler has single-handedly managed the Needham Small Cap Growth Fund (NESGX). Plus, investors are overlooking small-cap stocks' exposure to key growth opportunities like AI, data center buildouts, military modernization, and telecommunication improvements, in Retzler's view. "Money doesn't go immediately to small caps — it goes to the next market cap, generally," Retzler said.

Persons: —, Chris Retzler, Retzler, he's, Morningstar, doesn't, Rogers, Lumentum, that's, Generac Organizations: Service, Nvidia, Business, Industry, Growth, MKS, Aspen Locations: ROG

☆ Nvidia’s incredibly pricey shares are about to get much cheaper
▼ + stars: | 2024-05-22 | by ( Samantha Delouya | Clare Duffy | ) edition.cnn.com time to read: +3 min

CNN —Nvidia announced a 10-for-1 stock split on Wednesday, making buying shares in the red-hot semiconductor company more accessible for individual investors. Five years ago, an investor could have purchased Nvidia stock for less than $50 a share. Nvidia’s (NVDA) announcement, which came in its quarterly earnings report, means that each common share will be split into 10 smaller shares, effectively cutting the price of investing in the company. Nvidia shares rose as much as 4% in after-hours trading following the report. Still, some investors had raised questions ahead of Wednesday’s report about just how long Nvidia could keep the rally going.

Persons: Nvidia’s, ”, Thomas Monteiro Organizations: CNN, Nvidia, Microsoft Locations: China

☆ Blackstone is set to give workers a stake in the companies it buys
▼ + stars: | 2024-05-22 | by ( George Glover | ) www.businessinsider.com time to read: +1 min

Blackstone is set to grant shares to workers at the businesses it buys, The Wall Street Journal reported. It's set to award stock to employees at Copeland, which it bought last year for $14 billion. Other private equity giants including KKR and Apollo also offer equity to portfolio companies' staff. AdvertisementBlackstone is set to start granting stock to its portfolio companies' employees, The Wall Street Journal reported. The private equity giant's plans to give equity to workers at most of the large US-based businesses it buys are expected to be announced at a conference this week.

Persons: Blackstone, It's, — Organizations: Street Journal, KKR, Apollo, Service, Emerson Electric, Business Locations: Copeland

☆ Nvidia just keeps hitting it out of the park
▼ + stars: | 2024-05-22 | by ( Ana Altchek | ) www.businessinsider.com time to read: +2 min

Nvidia released its fiscal first-quarter results on Wednesday and reported record quarterly revenues of $26 billion — outdoing analyst estimates for $24.65 billion. This story is available exclusively to Business Insider subscribers. Nvidia shared a solid forecast for the future, too, saying second-quarter revenue will be about $28 billion, also ahead of expectations. Nvidia also raised its quarterly dividend by 150%, from four to 10 cents per share, and announced a 10-for-1 stock split, effective next month. "We can expect that more bold innovative moves from Nvidia will help it maintain its industry position for the foreseeable future."

Persons: —, Nvidia's, Blackwell, Colette Kress, Kress, Jensen Huang, Jacob Bourne, Bourne Organizations: Service, Nvidia, Business, Blackwell, Google, Microsoft, " Tech

☆ Fintech nightmare: 'I have nearly $38,000 tied up' after Synapse bankruptcy
▼ + stars: | 2024-05-22 | by ( Hugh Son | ) www.cnbc.com time to read: +4 min

The situation deteriorated in April after Synapse declared bankruptcy following the exodus of several key partners. That has left users of several fintech services stranded with no access to their funds, according to testimonials filed this week in a California bankruptcy court. One customer, a Maryland teacher named Chris Buckler, said in a May 21 filing that his funds at crypto app Juno were locked because of the Synapse bankruptcy. Synapse had contracts with 20 banks and 100 fintech companies, resulting in about 10 million end users, according to an April filing from founder and CEO Sankaet Pathak. The freeze-up of customer funds exposes the vulnerabilities in the banking as a service, or BAAS, partnership model and a possible blind spot for regulatory oversight.

Persons: Andreessen Horowitz, Chris Buckler, Buckler, Dave, Juno, Sankaet Pathak, Pathak, Joseph Dominguez, Dominguez, Jason Mikula, Mikula Organizations: Istock, Synapse, Evolve Bank & Trust, Mercury, CNBC, Evolve Bank, Trust, Regulators, FDIC, Federal Reserve Locations: California, Maryland, Joseph Dominguez of Sacramento , California, Silicon

☆ Embattled AI firm Appen loses more executives, months after Alphabet cut ties
▼ + stars: | 2024-05-22 | by ( Hayden Field | ) www.cnbc.com time to read: +4 min

Appen, the embattled artificial intelligence firm that once helped train AI models for tech giants including Microsoft , Nvidia and Google , has lost its executives in charge of revenue and marketing. The departures follow Alphabet 's announcement in January that it was cutting all contractual ties with Appen, which once helped train Google's chatbot and other AI products. Two weeks after that decision, Appen CEO Armughan Ahmad left after just 12 months on the job. After a "strategic review process," Alphabet notified Appen in January of the termination, which went into effect March 19, according to a filing from Appen. Companies are spending far more on processors from Nvidia and less on external AI training from companies like Appen.

Persons: Andrew Ettinger, Alicia Hale, Ryan Kolln, Google's, Armughan Ahmad, Appen's, Kolln, OpenAI's ChatGPT, Appen didn't Organizations: Microsoft, Nvidia, Google, CNBC, Apple, Amazon, Appen, Australian Securities Exchange Locations: Australian

☆ Wall Street worries about revenue 'round-tripping,' after big AI deals by cloud giants including Amazon and Google
▼ + stars: | 2024-05-22 | by ( Eugene Kim | ) www.businessinsider.com time to read: +3 min

These days, this may happen when a big tech company invests in an AI startup, and then that startup buys cloud and AI services from the big tech company. These arrangements are called "round tripping" because the money invested comes right back in the form of cloud spending. When Amazon Web Services invested $4 billion in Anthropic, the AI startup agreed to use AWS as its "primary cloud provider." In recent years, cloud spending growth has slowed as some customers try to save money in the midst of a lackluster economy with high inflation. An Amazon spokesperson declined to say whether AWS revenue numbers include cloud spending by Anthropic or not.

Persons: —, what's, Rishi Jaluria, GCP, Jaluria Organizations: Service, Business, Amazon Web Services, Google, Microsoft, OpenAI, Oracle, RBC Capital, RBC, Amazon Locations: Anthropic

☆ Wall Street advisors are flocking to this small law firm to claw back pay from wealth giants like Morgan Stanley and Merrill Lynch
▼ + stars: | 2024-05-21 | by ( Hayley Cuccinello | ) www.businessinsider.com time to read: +6 min

For Ajamie LLP, a Houston law firm with 11 attorneys, taking on banks with billion-dollar war chests is becoming a booming business. This ruling was used by a lawyer on another case, Ohio-based Alan Rosca, to secure a $3 million judgment against Morgan Stanley on March 25. He said he has been contacted by advisors hailing from "really any financial firm that offers deferred compensation to financial advisors." During that suit, Ajamie was contacted by Matt Shafer, the lead plaintiff in the Morgan Stanley case. The Morgan Stanley suit inspired Kelly Milligan, now the named plaintiff in the Merrill Lynch class action, to reach out.

Persons: —, Jack Edwards, Edwards, Morgan Stanley, Morgan Stanley's, Alan Rosca, Merrill Lynch, Sen, Ted Cruz, Wells Fargo, Wells, Ajamie, Matt Shafer, Kelly Milligan, It's Organizations: Service, Ajamie LLP, Business, University of Virginia School of Law, Big Law, RBC Capital Markets, Financial Industry Regulatory Authority Locations: Houston, Ohio, Ajamie, Texas, Carolina

☆ Many drivers for Uber, Lyft, and DoorDash are earning well below minimum wage, even with tips, a new paper finds
▼ + stars: | 2024-05-21 | by ( Noah Sheidlower | Jacob Zinkula | ) www.businessinsider.com time to read: +9 min

Advertisement"Pay for gig drivers rarely exceeds the employee-equivalent local minimum wage," the authors wrote. While two-thirds of DoorDash drivers and just under half of Uber Eats drivers had their incomes adjusted, just 5% of Uber drivers did. The average Lyft, Uber Eats, and DoorDash driver had hourly earnings of $24, $18, and $14, respectively. Over the past year, several gig drivers have told BI that their gigs are less profitable than they used to be. For example, Uber and Lyft drivers have said the ride-hailing giants are taking a larger cut of rider fares.

Persons: —, Lyft, Uber, aren't, Gridwise Organizations: Service, Seattle metros, UC Berkeley Labor Center, Center for Wage, Dynamics, Business, metros —, UC Berkeley, Big Lake Data, Bank of America, Bank of America Institute Locations: Boston, Chicago, Los Angeles, San Francisco Bay, California, San Francisco, Seattle, New York City, Minnesota, Twin Cities, Massachusetts

☆ Tech giants pledge AI safety commitments — including a ‘kill switch’ if they can’t mitigate risks
▼ + stars: | 2024-05-21 | by ( Ryan Browne | ) www.cnbc.com time to read: +1 min

A slew of major tech companies including Microsoft , Amazon , and OpenAI, on Tuesday agreed to a landmark international agreement on artificial intelligence safety at the Seoul AI Safety Summit. The agreement will see companies from countries including the U.S., China, Canada, the U.K., France, South Korea, and the United Arab Emirates, make voluntary commitments to ensure the safe development of their most advanced AI models. In those sorts of extreme circumstances, companies say they will implement a "kill switch" that would see them cease development of their AI models if they can't guarantee mitigation of these risks. "It's a world first to have so many leading AI companies from so many different parts of the globe all agreeing to the same commitments on AI safety," Rishi Sunak, the U.K.'s prime minister, said in a statement Tuesday. "These commitments ensure the world's leading AI companies will provide transparency and accountability on their plans to develop safe AI," he added.

Persons: Rishi Sunak Organizations: Microsoft, Seoul AI Safety, United Arab Locations: Seoul, U.S, China, Canada, France, South Korea, United Arab Emirates

☆ Former Google employee says company's AI work is driven by 'a stone cold panic that they are getting left behind'
▼ + stars: | 2024-05-21 | by ( Kwan Wei Kevin Tan | ) www.businessinsider.com time to read: +4 min

Read previewGoogle might be one of the biggest players in the AI space, but an employee says the tech giant's work in the field has been motivated by "stone cold panic." But Google, Jenson said, wasn't the only tech giant guilty of making this mistake. AdvertisementJenson's scathing assessment comes as tech giants like Google and Apple have been struggling to play catch-up with AI upstarts like OpenAI. AdvertisementWhen Google unveiled its new AI model Gemini 1.5 on February 15, OpenAI dropped its text-to-video model Sora just a few hours later. Last week, OpenAI debuted its new flagship AI model, GPT-4o, a day before Google announced various updates for their models.

Persons: —, Scott Jenson, Jenson, Tony Stark, who'd, Apple didn't, Siri, OpenAI, Sam Altman Organizations: Service, Google, Business, LinkedIn, Stanford, Android, Facebook, Apple, BI, New York Times, OpenAI, iOS, Bloomberg Locations: Siri, Cupertino

Grayscale Investments announced that CEO Michael Sonnenshein stepped down on Monday, ending a 10-year run as the leader of the largest crypto asset manager. Under Sonnenshein, Grayscale played a key role in pushing the U.S. Securities and Exchange Commission to allow bitcoin ETFs. "The crypto asset class is at an important inflection point and this is the right moment for a smooth transition. In 2022, Grayscale launched a lawsuit against the SEC, after regulators turned down its bid to convert the investment vehicle into an exchange-traded fund. Michael Sonnenshein at the 2022 Forbes Iconoclast Summit at New York Historical Society on Nov. 3, 2022.

Persons: Michael Sonnenshein, Peter Mintzberg, Goldman Sachs, Edward McGee, Sonnenshein, Arturo Holmes Organizations: Investments, BlackRock, U.S . Securities, Exchange Commission, SEC, Fidelity, Forbes, Summit, New York Historical Society, Getty Locations: OppenheimerFunds

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailEtsy boomed during the Pandemic. But now it's at a crossroads. E-commerce giant Etsy boomed during the pandemic, but less than four years later, its sales are declining, its stock has lost more than 70% of its value and missed earnings in 2023 and 2024 revealed other disappointing results. As the company looks to recapture growth, while competing with giants like Amazon and Ebay, it's unclear if there's a path to success. Unless as some sellers are demanding which is to double down on its original values.

Organizations: Ebay

☆ Trump sought $1 billion from oil execs for his 2024 campaign in a deal worth $110 billion to energy giants, reports say
▼ + stars: | 2024-05-19 | by ( Rebecca Rommen | ) www.businessinsider.com time to read: +1 min

Trump is alleged to have sought $1 billion from oil executives at Mar-a-Lago for his 2024 campaign. Oil companies risk losing $110 billion in tax breaks if Biden's budget is enacted, said The Guardian. Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . This story is available exclusively to Business Insider subscribers.

Persons: Trump, —, Donald Trump Organizations: Mar, Guardian, Service, Washington Post, Democratic, Business

☆ Media giants lean on sports as Hollywood strikes still loom over content slates
▼ + stars: | 2024-05-18 | by ( Lillian Rizzo | ) www.cnbc.com time to read: +2 min

Media giants relied on sports last year when they had to woo advertisers during the Upfronts meeting week at a time when a Hollywood strike and cost cutting bit into their content and star power. This year, while stars once again graced the stages following the end of the strikes, the presentations still leaned more on sports than scripted shows. The hangover from last year's work pause meant some media companies had fewer series and movies to highlight during their presentations. He noted two key issues for the traditional media companies: the decline of traditional TV and the increasing fees companies have to pay to air live sports. "If you're going to maintain a reduced level of content spending, by definition, that means your entertainment programming has to be reduced," Rogers said.

Persons: Brock Purdy, Tom Rogers, Rogers Organizations: San Francisco 49ers, Kansas City Chiefs0, Las Vegas , Nevada . Media, Hollywood, Disney, Warner Bros, Oorbit Gaming, Entertainment, NBC Cable Locations: Las Vegas , Nevada

☆ Khon in Bangkok: Inside Sala Chalermkrung Royal Theatre, passionate performers keep a masked art form alive
▼ + stars: | 2024-05-17 | by ( Karla Cripps | Kocha Olarn | ) edition.cnn.com time to read: +8 min

But one of the best places to experience an authentic Khon performance is Bangkok’s Sala Chalermkrung Royal Theatre. Among the performers tasked with playing that role at Sala Chalermkrung is 34-year-old Thanet Pakwisath, who has been practicing Khon for more than 20 years. “And I believe that other performers here at Sala Chalermkrung would have the same belief.”But like many of his colleagues, he fears for its fate. I want everyone to help – both Thai people and foreigners.”Sala Chalermkrung: A living museumBangkok’s Sala Chalermkrung Royal Theater has its own fascinating back story. But from the late 1970s, visitors to Sala Chalermkrung began to decline.

Persons: Ling ”, Khon, Sala, Apassara, khon, Karla Cripps, Hanuman, “, ”, “ Khon, Hanuman Thanet, Sala Charlermkrung, Mark Phillips, ” Sala, King Prajadhipok, Sala Chalermkrung Organizations: CNN, Bangkok CNN, Suvarnabhumi International, Heritage, Chalermkrung, Khon, Royal, Sala Chalermkrung, Sala Locations: Bangkok, Thailand, Khon, Thai, Sala, –, Sala Chalermkrung, Thanet, “, Charoenkrung, Phra Nakhon District

☆ TikTok is testing 60-minute videos, which could be a big threat to YouTube
▼ + stars: | 2024-05-17 | by ( Shubhangi Goel | ) www.businessinsider.com time to read: +1 min

TikTok is testing 60-minute video uploads, challenging YouTube's long-form content domain. TikTok has gradually increased its video length limits to 10 minutes for all users. Longer video uploads may shift viewership from streaming services like YouTube. AdvertisementTikTok is giving some users the option to upload 60-minute videos to the platform. The company told TechCrunch it does not immediately plan to roll out the 60-minute upload function widely.

Persons: TikTok, —, Matt Navarra Organizations: YouTube, Service, TechCrunch, Business

☆ BofA names 'Asia's most important stocks' — and analysts give one over 40% upside
▼ + stars: | 2024-05-17 | by ( Amala Balakrishner | In Amala-Balakrishner | ) www.cnbc.com time to read: +2 min

BofA Securities has screened for 20 of Asia's "most important stocks," selected from the constituents of the MSCI Asia Pacific Index. Here are 10 stocks from the investment bank's list, which stand out for having substantial upside potential, according to FactSet's consensus price targets. This gives the stock upside potential of 42.0%. Analysts' target price on the stock is 103,211 Korean won ($76.61), or 32.0% potential upside, according to FactSet data. Their average target price is 233,378 Korean won, implying nearly 20.9% upside potential, FactSet data shows.

Persons: — CNBC's Michael Bloom Organizations: BofA Securities, MSCI, AIA Group, Hong, Samsung Electronics, SK Hynix, Korean Locations: Hong Kong, Korean

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