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How ByteDance plans to turn OpenClaw craze into a profitable AI business
Tech
5/13/2026

How ByteDance plans to turn OpenClaw craze into a profitable AI business

ByteDance’s Volcano Engine, the cloud unit that released an OpenClaw-based cloud agent tool ArkClaw, is betting that the next phase of artificial intelligence will hinge on cheaper tokens, higher inference efficiency and longer context windows. “Agent-related token consumption still accounts for a single-digit percentage of total token usage, but it is growing,” said Li Guodong, chief architect of ArkClaw, on Tuesday on the sidelines of OpenClaw’s first mainland China event since the open-source...

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SCMP Tech
9 Singaporeans among hikers trapped by Indonesia’s Mount Dukono volcanic eruption
NEWS
5/8/2026

9 Singaporeans among hikers trapped by Indonesia’s Mount Dukono volcanic eruption

Indonesian authorities ⁠were rushing to rescue 20 hikers after the eruption of Mount Dukono on Halmahera Island on Friday, a local rescue ‌agency official said. Mount Dukono, located in North Maluku province, erupted on Friday at 7.41am, spewing volcanic ash as high as 10km (six miles) ⁠into the sky, the country’s volcanology agency said. The agency ‌maintained the alert status at the mountain at its third highest level, ‌agency head Lana Saria said in a statement. Iwan ⁠Ramdani, ⁠the head of...

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SCMP Economy
Mount Dukono eruption in Indonesia kills 3 hikers, including 2 Singaporeans
NEWS
5/8/2026

Mount Dukono eruption in Indonesia kills 3 hikers, including 2 Singaporeans

Three hikers – two Singaporeans and a local – died in an eruption on Friday of Indonesia’s Mount Dukono volcano where they found themselves in a no-go zone, officials said. The eruption on Halmahera island sent an ash cloud about 10km (6.2 miles) into the air, with no towns or villages near enough to face any immediate threat. Twenty hikers were on the slopes when disaster struck, North Halmahera police chief Erlichson Pasaribu told reporters at a volcano monitoring station in Mamuya...

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SCMP Economy
3 dead in Indonesia’s Mount Dukono volcanic eruption, Singaporeans among missing
NEWS
5/8/2026

3 dead in Indonesia’s Mount Dukono volcanic eruption, Singaporeans among missing

Three hikers, including two foreigners, were killed and 10 were missing after a volcano on Indonesia’s eastern Halmahera island erupted on Friday, spewing an ash cloud into the air, a local police chief said. “There are three dead, two foreigners and one resident of Ternate” island in east Indonesia, police chief Erlichson Pasaribu of North Halmahera province told Kompas TV. Earlier, a local rescue ‌agency official said authorities ⁠were rushing to rescue 20 hikers after the eruption of Mount...

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SCMP Economy
Totally grounded? How the jet fuel crisis could change our holidays – and world history
NEWS
5/6/2026

Totally grounded? How the jet fuel crisis could change our holidays – and world history

Jet fuel has doubled in price since the start of the war on Iran. How bad will the disruption get and could this accelerate the route to jet zero?What happens to flights if the world runs out of oil? Well, obviously they will be grounded. To be more specific, is it possible, if the war in Iran does not resolve and the strait of Hormuz remains blocked, that airlines will simply run out of aviation fuel?It’s not a question anyone has had to ask before. Air travel has hit some hurdles this century that nobody could have seen coming – Covid, of course, but also the Icelandic volcano in 2010, which closed much of European airspace for eight days, cost an estimated €3.75bn (£3.2bn) and caused untold supply chain chaos. There have been problems contained within a country or region – the Heathrow substation outage and the Iberian energy crisis, both last year, both closing airports – but since air travel began, it has never been globally impeded by a fuel shortage. Continue reading...

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Guardian Business