GCT Solutions Confirms Its Strong Position in Hong Kong’s Dynamic Market

GCT Solution, a leading provider of software and blockchain, is proud to announce its reinforced position in Hong Kong's competitive market landscape. This affirmation comes on the back of glowing feedback from esteemed partners, G and C, highlighting our team's exceptional performance, agility, and communication skills.

Is TikTok in trouble? Here are 5 Key Takeaways from Tiktok hearing in Congress

The first-ever appearance of TikTok CEO Shou Zi Chew in the US Congress has recently sparked a heated debate among the global public about whether TikTok would be banned in the US. The final judgment has not yet been made, but the five-hour hearing provides spectators with insights into American fears about national security, as well as Tiktok's firm assurance regarding its independence from the Chinese government. Here are the five biggest key takeaways from the TikTok hearing in Congress:

Silicon Valley Bank Collapse and The Big Lesson for Tech Startups

The technology sector faces another challenge as its go-to specialized bank, Silicon Valley Bank, collapsed after a bank run. The collapse of Silicon Valley Bank (SVB) on Friday morning was a huge blow to the tech sector, which was already struggling with layoffs and slowdowns. SVB was a major lender to tech companies and startups, but it ran out of cash after a massive withdrawal of deposits by nervous customers.  It was the biggest bank failure in the US since 2008. The government intervened to protect depositors' money, while HSBC agreed to buy SVB's UK branch. Another regional bank, Signature Bank, was also on the verge of collapse and needed government support. There are a lot of queries that you may wonder: What happened to SVB? What led to its downfall? Why did it affect tech startups so much? And what are the next moves that tech startups should do in the wake of this crisis? In this article, we will provide you with the most comprehensive outlook on this breaking news!