DeepX and LG Join Forces to Power AI in Cars and Consumer Electronics
DeepX, a South Korean AI technology firm, has partnered with LG to bring its advanced AI chips to various industries, including mobile devices, cars, and home appliances. The collaboration is…
Philippine Agency Equips Youth with Blockchain and NFT Education
A Philippine government agency dedicated to advancing science and technology research is actively engaging young people in hands-on experiences with cryptocurrencies, blockchain technology, and non-fungible tokens (NFTs). The Department of…
TikTok Music to Close Worldwide by the End of November
ByteDance has announced the global shutdown of its music streaming service, TikTok Music, effective November 28, 2024. The service, available in regions including Indonesia, Brazil, Australia, Singapore, and Mexico, will…
New Features Arrive as Xiaomi Watch 2 Series Gets Wear OS 4
Google’s Wear OS 4 is now quietly rolling out to Xiaomi Watch 2 and Watch 2 Pro devices. Though Xiaomi hasn’t officially announced this update, users across regions like the…
China ADRs surge as Beijing unveils fresh stimulus measures
U.S.-listed shares of Chinese companies surged on Tuesday following Beijing’s announcement of its largest stimulus package since the pandemic, sparking optimism about renewed economic growth. The People’s Bank of China…
China Still Controls 55% of Bitcoin Hashrate Despite Crypto Ban
Chinese Bitcoin miners continue to dominate the global network, maintaining control over more than 55% of Bitcoin’s mining capacity, despite the country’s strict ban on cryptocurrencies. According to Ki Young…
India Aims to Bring Digital Payments to Africa and South America
India is engaged in discussions with countries across Africa and South America to help them establish digital payment systems modeled on its Unified Payments Interface (UPI), with expectations of launching…
China’s Meituan Plans to Raise $2 Billion Through Dollar Bonds
China’s Meituan is looking to raise up to $2 billion through a dollar bond deal, according to two sources familiar with the matter and a term sheet seen by Reuters…
Chinese Gaming Market Sees 15% Growth Thanks to Black Myth Wukong
The Chinese video game market experienced significant growth in August, with sales rising by over 15% compared to the previous year. This increase was mainly driven by the highly anticipated…
Biden Seeks Ban on Chinese Vehicle Software Amid Security Risks
The Biden administration has announced plans to ban Chinese-made software and hardware from internet-connected vehicles in the United States, framing it as a national security measure. Officials cited concerns that…
Huawei Advances AI Ecosystem as US Tech Restrictions Continue
Huawei is accelerating the development of its AI ecosystem across various industries, despite the persistent challenges posed by US technology sanctions. At the Huawei Connect 2024 event in Shanghai, Deputy…
Samsung Expands OLED Manufacturing with $1.8 Billion Vietnam Investment
Samsung Display Co, a unit of Samsung Electronics, plans to invest an additional $1.8 billion in Vietnam to expand its OLED display manufacturing operations. The new facility, dedicated to producing…
Xiaomi Requests India to Retract Report Alleging Flipkart Collusion
Xiaomi has requested that India’s antitrust body, the Competition Commission of India (CCI), recall its report on Walmart’s Flipkart, claiming it contains sensitive commercial data, according to two sources familiar…
Taiwan Accuses China of Being the Real Hackers Amid Cyber Allegations
Taiwan’s government has dismissed China’s accusations that it is responsible for cyberattacks, asserting instead that China is the true perpetrator of global hacking activities. Senior Taiwanese officials responded on Tuesday…
Australia to Require Crypto Firms to Hold Financial Services Licenses
Australian regulators are reportedly preparing new guidance that will require cryptocurrency exchanges to obtain financial services licenses. This move aims to extend licensing requirements beyond the current regulations governing digital…
Vietnam and U.S. Companies Agree on Energy, AI, and Data Center Deals
Vietnamese and U.S. companies have entered into several memorandums of understanding (MoUs) aimed at boosting collaboration in energy, artificial intelligence, and data center development, according to the Vietnamese government on…
Gold Hits New All-Time High as Bitcoin Rallies to September High Above $64K
The price of gold has reached unprecedented heights following a recent interest rate cut by the United States Federal Reserve, prompting crypto analysts to speculate on when Bitcoin might experience…
China urges vigilance over alleged Taiwanese cyberattacks
China’s national security ministry has accused a Taiwanese hacking group, Anonymous 64, of conducting cyberattacks against targets in mainland China, Hong Kong, and Macau. In a blog post on Monday,…
Crypto Marketing Expert Emphasizes Importance of Skepticism in Cryptocurrency Promotion
Amanda Cassatt, founder of Web3 marketing firm Serotonin, emphasizes the necessity of skepticism and thorough personal research for investors navigating the burgeoning cryptocurrency market. Speaking at Token2049 in Singapore, Cassatt…
Indian Startup Physics Wallah Raises $210 Million and Achieves $2.8 Billion Valuation
Indian ed-tech startup Physics Wallah secured a $2.8 billion valuation following a $210 million funding round, the company revealed on Friday. The round was led by Hornbill Capital, with Lightspeed…