AI start-up Heidi cuts jobs weeks after raising $475 million

The Sydney Morning Herald - Nov 5, 2026

The hyped Melbourne start-up is slashing more than 100 jobs in the same week two of its three co-founders said they were leaving the business.

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Canva to cut more than 1000 jobs in ‘hardest moment’ of its history

Nov 3, 2026

Canva to cut more than 1000 jobs in ‘hardest moment’ of its history

The design giant has announced a major restructure and will axe around 20 per cent of its workforce.

Why Chinese AI stars like Z.ai, MiniMax struggle to match Anthropic’s profit margin

Nov 3, 2026

Why Chinese AI stars like Z.ai, MiniMax struggle to match Anthropic’s profit margin

US artificial intelligence giant Anthropic’s initial public offering prospectus has exposed a vast profitability gap between it and rivals Z.ai and MiniMax, highlighting the challenges facing China’s AI model developers in turning technological advances into sustainable businesses. The Claude developer’s filing with the US Securities and Exchange Commission (SEC) last week revealed a significant financial advantage over its most direct Chinese counterparts, despite the latter’s continued...

Redmagic 12 Pro gets global release, now available in Singapore *Updated*

Nov 3, 2026

Redmagic 12 Pro gets global release, now available in Singapore *Updated*

Despite being one of the few gaming phones out there left, it still packs in the latest and greatest.

Samsung’s China-only foldable looks like a KTV-inspired Galaxy Z Fold8 Ultra

Nov 3, 2026

Samsung’s China-only foldable looks like a KTV-inspired Galaxy Z Fold8 Ultra

Just like past Galaxy W releases, this is specifically made for a Chinese telco partnership.

Xiaomi 18 Pro Max opens Singapore pre-registration with a S$300 coupon *updated*

Nov 3, 2026

Xiaomi 18 Pro Max opens Singapore pre-registration with a S$300 coupon *updated*

If true, that would be the first time Xiaomi brings its rear-display phone model to Singapore.

Hoyoverse’s Petit Planet launches on 4 December, with a Switch 2 version coming in 2027

Nov 3, 2026

Hoyoverse’s Petit Planet launches on 4 December, with a Switch 2 version coming in 2027

The free-to-play life simulation game arrives first on PC and mobile, where players can build a planet, meet its residents and explore the Starsea.

China’s ‘Lipstick King’ hawks tokens as AI gets mass-market Singles’ Day push

Nov 3, 2026

China’s ‘Lipstick King’ hawks tokens as AI gets mass-market Singles’ Day push

China’s “Lipstick King” has traded make-up swatches for artificial intelligence. Top live-streamer Li Jiaqi on Monday evening teamed up with an executive from Alibaba Group Holding to pitch AI subscriptions, selling nearly 100,000 monthly packages in just 30 minutes, according to data provided by the e-commerce giant. The broadcast on Taobao and Tmall – Alibaba’s largest domestic online marketplace – marked the first time generative AI products have taken centre stage during the annual Singles’...

Apple could launch up to three new iPads in the first half of 2027

Nov 3, 2026

Apple could launch up to three new iPads in the first half of 2027

Readers looking to get a new tablet could be spoilt for choice next year.

Garmin’s new fenix 9 and 9 Pro command a high price fit for premium smartwatches

Nov 3, 2026

Garmin’s new fenix 9 and 9 Pro command a high price fit for premium smartwatches

But surprisingly, they’re cheaper than their predecessors at launch.

‘Lies and forgeries’: Forbes 30 under 30 star jailed over $10 million fraud

Nov 2, 2026

‘Lies and forgeries’: Forbes 30 under 30 star jailed over $10 million fraud

Gökçe Güven has joined an infamous club, following in the footsteps of FTX founder Sam Bankman-Fried and Elizabeth Holmes.

Inside the 24-7 ‘robogym’ where machines train to be more like humans

Nov 2, 2026

Inside the 24-7 ‘robogym’ where machines train to be more like humans

At a facility near Munich Airport, as many as 100 humanoids and other robots are on a mission.

China’s EDA champion buys start-up to address weak link, support Huawei’s Tau Scaling Law

Nov 2, 2026

China’s EDA champion buys start-up to address weak link, support Huawei’s Tau Scaling Law

Empyrean Technology, China’s top provider of electronic design automation (EDA) tools, plans to acquire a majority stake in a domestic start-up, reinforcing Beijing’s drive for tech self-sufficiency and bolstering support for Huawei Technologies’ semiconductor ambitions. The Beijing-based firm said in a Shenzhen Stock Exchange filing on Sunday that it would acquire a 50.38 per cent stake in Easy-Logic Technology for 218.8 million yuan (US$33 million). Once completed, the start-up would be...

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