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In an unexpected piece of news, OpenAI officially announced that it is shutting down its Sora video generation app, marking a sudden end to one of its most ambitious consumer-facing AI experiments. The company confirmed the move in a public statement, signalling a shift in priorities away from standalone experimental apps.

MBO Cinemas has officially announced that it will cease operations permanently, marking the end of one of Malaysia’s long-running cinema chains. In a public statement shared with customers, the company said it was making the announcement with heavy hearts after many years of serving moviegoers across the country.

If you read the news about Crucial Memory getting shut down by Micron, this is not really good news for consumers as a whole in the market. But before we get to that, here's the official statement by Micron regarding the exit.

Malaysian aviation magnate Tony Fernandes has announced his decision to shut down all his personal social media accounts under the umbrella of Meta Platforms Inc. — including Facebook, Instagram and Threads.

Over the weekend, it was announced that ICQ, one of the early pioneers of social online messaging platforms will be shutting down soon. The official ICQ website didn't offer much explanation, as it simply stated "ICQ will stop working from June 26".

Yesterday evening, Astro Malaysia Holdings Bhd (AMH) officially announced that its Go Shop business will be shut down soon. A sudden announcement for sure, but what's even more surprising is that the operation will cease on 11 October 2023.

While Google Stadia has never stepped foot in Malaysia, it's still quite shocking to hear the news from Google that the streaming gaming platform will be shutting down. Only after going live in 2019, the company decided to axe the project due to the lack of traction with users.

Last week, we reported that LG Electronics would quit the smartphone industry and it is now official. As posted in the company's newsroom, their mobile business unit will shut down and the decision was approved by its board of directors just earlier today.

So it has finally happened, previous rumour news about LG shutting down its smartphone division is getting closer to reality. It was reported by a reputable South Korean media outlet due to the company's poor revenue and profit in the smartphone industry.

After 36 years, Sony Malaysia will be shutting down one of their factories in Penang. Scheduled to close in September next year, around 3400 workers will be retrenched but not all hope is lost, as the state government will assist them to find similar jobs.