SK Hynix Plans $28 Billion U.S. Listing as AI Memory Demand Surges
SK Hynix is planning a U.S. share sale that could raise about $28 billion, giving American investors easier access to one of the biggest beneficiaries of the AI infrastructure boom.…
Apple Restores Card Payments for Digital Purchases in India
Apple has started restoring card payments for Apple Account purchases in India, more than four years after removing the option. The phased rollout lets eligible users add Visa and Mastercard…
Alibaba to Ban Claude Code at Work Over Security Concerns
Alibaba will ban employees from using Anthropic’s Claude Code in office environments from July 10, according to multiple reports. The Chinese technology company has classified the AI programming tool as…
Molly Tea Ordered to Pay Louis Vuitton $1.5 Million Over Logo Dispute
Chinese tea chain Molly Tea has been ordered to pay Louis Vuitton 10.3 million yuan, or about $1.5 million, after a court found that its logo infringed the luxury brand’s…
Vietnam Intensifies Counterfeit Goods Crackdown Under U.S. Trade Pressure
Vietnam has intensified enforcement against counterfeit goods and intellectual property violations after the United States identified the country as a Priority Foreign Country for weak IP protection. Authorities launched a…
India Summons Meta After Instagram Approves Ads Promoting Child Abuse Material
The Indian government has summoned representatives of Meta after a BBC Eye investigation found paid Instagram advertisements directing users to child sexual abuse material sold through Telegram. Around 30 distinct…
Honda Begins Producing Batteries for Data Centers After Scaling Back U.S. EV Plans
Honda has started producing batteries for stationary energy storage systems, redirecting cells originally intended for electric vehicles toward data centers and other power applications. The production shift follows the automaker’s…
Jio Platforms and NSE Prepare Landmark IPOs for India’s Stock Market
Jio Platforms and the National Stock Exchange of India are preparing for initial public offerings that could rank among the country’s largest listings. Both companies filed draft prospectuses with India’s…
Australian Watchdog Sues Amazon Over Prime Video Advertising Terms
The Australian Competition and Consumer Commission has sued Amazon over claims that it used unfair contract terms to introduce advertising to Prime Video. The regulator alleges that more than one…
India Records Fifth-Driest June Since 1901 as Crop Planting Falls
India recorded its driest June in 12 years and its fifth-driest since nationwide rainfall records began in 1901, according to the India Meteorological Department. Rainfall during the month was 39.8%…
Samsung and SK Hynix Plan $518 Billion Memory Chip Expansion in South Korea
Samsung Electronics and SK Hynix plan to invest about 800 trillion won, or $518 billion, to build four memory chip fabrication plants in southwestern South Korea. The projects form part…
Asian Markets Slide as Investors Reassess AI and Technology Valuations
Asian stock markets fell sharply on Friday as investors sold technology and semiconductor shares following months of strong gains driven by enthusiasm for artificial intelligence. South Korea experienced some of…
South Korea Announces $576 Billion Chip and AI Investment Drive
South Korea has announced more than $576 billion in planned semiconductor and artificial intelligence investments as it seeks to increase production capacity and spread advanced industries beyond the Seoul metropolitan…
Tata Electronics Confirms Data Breach as Hackers Claim Apple and Tesla Files Were Exposed
Tata Electronics has confirmed a cybersecurity incident affecting some of its systems after a hacking group claimed to have stolen more than 630GB of company data. The Indian electronics manufacturer…
Amazon Begins Testing Hindi Version of Alexa+ in India
Amazon is inviting selected customers in India to test a Hindi-language version of Alexa+, its generative AI-powered conversational assistant. The company sent emails asking invited users to complete a Hindi-language…
Dettol Apologises After China Advert Sparks Sexism Backlash
Dettol has apologised and removed an advertisement in China after its attempt to criticise sexist attitudes drew widespread condemnation for objectifying women and reinforcing the stereotypes it was meant to…
Japan Raises Visa Fees Fivefold From July 1
Japan will raise its visa issuance fees fivefold from July 1, marking the first increase since 1978. The government said the revised charges reflect decades of inflation and changes in…
Go Plans Robotaxi Expansion After Japan’s Largest IPO of 2026
Japanese taxi-hailing company Go plans to use proceeds from its ¥88.6 billion, or approximately $553 million, initial public offering to expand its robotaxi operations and pursue strategic acquisitions. The company…
Reliance Adds AI to Jio Calls, Apps, and Homes as It Prepares Jio IPO
Reliance Industries has announced a group of AI services designed for phone calls, mobile account management, connected homes, healthcare, education, agriculture, and small businesses. The company plans to distribute them…
CPP Investments Commits ₹70 Billion to CtrlS Data Center Partnership in India
CPP Investments has committed up to ₹70 billion to Indian data center operator CtrlS, combining a direct equity investment with a new joint venture for hyperscale campuses. The partnership will…