Alipay Adds AI Image Search to Expand Its Super App Capabilities
Alipay has rolled out a new artificial intelligence-powered image search feature, solidifying its status as a leading super app in China. This feature, known as “Tanyixia” or “do a little…
Beijing Plans to Boost Driverless Vehicle Adoption in the Capital
China’s capital, Beijing, is setting the stage for a driverless future. On December 31, the city passed regulations to promote autonomous driving technology, aiming to eventually introduce driverless public buses…
Samsung Electronics Takes Majority Stake in Rainbow Robotics
Samsung Electronics has secured the largest shareholder position in Rainbow Robotics, a South Korean robotics company, as revealed in a regulatory filing on Tuesday. The tech giant acquired a 267…
Major Price Reductions on Huawei’s Premium Devices Shake Up Competition
Huawei Technologies has made aggressive price cuts on a range of high-end devices, including smartphones, foldable phones, tablets, headphones, and smartwatches. The reductions, announced via the company’s official Weibo account…
BYD Factory in Brazil Faces Human Trafficking Controversy
Brazilian labor authorities have alleged that 163 Chinese workers at a construction site for a BYD factory in Bahia are victims of human trafficking. The claims have escalated tensions surrounding…
China Refutes Allegations Following Significant US Treasury Breach
The Chinese government has repudiated claims of involvement in a cybersecurity breach that compromised US Treasury workstations earlier this month, which allowed unauthorized access to “unclassified” documents. On December 30,…
South Korean Court Approves Arrest Warrant for Impeached President Yoon Suk Yeol
In a historic move, the Seoul Western District Court issued an arrest warrant for South Korea’s President Yoon Suk Yeol, who was recently impeached and suspended from office. This unprecedented…
Vietnamese Authorities Thwart $1 Million Crypto Scam, Safeguard 300 Potential Investors
The Hanoi City Police Department in Vietnam recently intervened to prevent a significant cryptocurrency scam that threatened to ensnare 300 potential victims. The scam, orchestrated by a company known as…
US Treasury Says China-Linked Hackers Breached Systems in Cyberattack
Hackers linked to the Chinese government breached the US Treasury Department using vulnerabilities in third-party remote management software, marking a significant security incident. As reported by The New York Times,…
China Plans World’s Largest Hydropower Dam in Tibet
China has greenlit the construction of the world’s largest hydropower dam on the eastern edge of the Tibetan plateau, setting the stage for a colossal infrastructure project that promises economic…
Malaysia’s Securities Commission Halts Bybit’s Operations
The Securities Commission (SC) of Malaysia has ordered cryptocurrency exchange Bybit to cease its operations in the country, citing violations related to running an unregistered digital asset exchange (DAX). The…
Hong Kong Considers Incorporating Bitcoin into National Reserves
In a move that could redefine Hong Kong’s financial strategy, Legislator Wu Jiexhuang has proposed leveraging the “one country, two systems” policy to integrate Bitcoin into the special administrative region’s…
Hong Kong Start-Up Pons.ai Brings Personalised Avatars to Corporate Events
A Hong Kong-based start-up is bringing generative AI to corporate events with a novel approach: personalised avatars. Pons.ai, operating from the government-funded Science Park, offers an AI photo booth platform…
China Implements Stricter Forex Controls Targeting Cryptocurrency Transactions
China’s State Administration of Foreign Exchange recently unveiled stringent regulations aimed at bolstering the scrutiny of financial transactions that include cryptocurrency dealings. These measures compel banks to identify and report…
Li Auto Expands Vision to Include AI and Robotics
Li Auto, a leading Chinese electric vehicle (EV) maker often compared to Tesla, is making a bold pivot toward artificial intelligence (AI) and robotics. According to founder and CEO Li…
Seoul Semiconductor Wins German Court Case Against Signify
A German court has mandated the recall and destruction of certain products from Signify, a Netherlands-based lighting manufacturer, for infringing patents held by South Korea’s Seoul Semiconductor. The ruling, announced…
Tesla Explores HBM4 Chips from Samsung and SK Hynix for Its Dojo Supercomputer
Tesla is diving into the next frontier of AI hardware, exploring HBM4 memory chips from South Korean giants Samsung and SK Hynix to supercharge its custom-built Dojo supercomputer. According to…
Japan Airlines Overcomes Cyberattack to Resume Ticket Sales
Japan Airlines Co. (JAL) announced the resumption of ticket sales for both domestic and international flights following a system malfunction attributed to a cyberattack on Thursday morning. The airline confirmed…
Honda Nissan Partnership Could Challenge BYD’s Global Dominance
Honda Motor Co’s proposed acquisition of Nissan Motor Co could provide the scale needed to challenge China’s BYD Co, sales data revealed Wednesday. The move highlights mounting pressure on Japanese…
Xiaomi Opens Its First Directly Managed Store in Singapore
Xiaomi has officially launched its first directly managed store in Singapore, located in Funan, on December 21, 2024. This marks a departure from its earlier distributor-operated outlets, as Xiaomi Singapore…