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  • South China Morning Post

    TikTok says hackers targeted brands and celebrity accounts, including CNN

    Short video app TikTok has taken measures to stop a cyberattack targeting several well-known brand and celebrity accounts, including news network CNN, a spokesperson for the company said on Tuesday. "We have been collaborating closely with CNN to restore account access and implement enhanced security measures to safeguard their account moving forward," the spokesperson said. Hackers had launched the cyberattack by sending a malicious link through private messages to hijack prominent accounts. Do

  • South China Morning Post

    Hong Kong stocks extend gains for a third day on US interest-rate cut hopes, services PMI lift

    Hong Kong stocks rose for a third day amid investors' expectations of a lower interest rate environment following weaker-than-anticipated US economic data overnight. Sentiment was also lifted by a private sector survey which showed China's services activity in May accelerated. The Hang Seng Index rose 0.33 per cent to 18,505.56 at the noon break on Wednesday, bringing the week's gains to 2.3 per cent. Last week, the benchmark retreated 2.8 per cent. The Tech Index added 0.8 per cent, while the S

  • South China Morning Post

    As Huawei looks towards more advanced semiconductors, speculation swirls on how far it can push existing chip-making gear

    Speculation is swirling about how far US-sanctioned Huawei Technologies can push its latest chip-making techniques to keep up with the cutting-edge designs enabled by the extreme ultraviolet lithography (EUV) machines it is unable to use, 10 months after shocking the world with a 7-nanometre-grade processor. The Shenzhen-based telecommunications equipment giant has kept its cards close to its chest regarding its chip-making capabilities together with Semiconductor International Manufacturing Cor