Indian Startup Swiggy Targets $1.4B IPO with $150M Increase
Swiggy is considering expanding its IPO by $150 million, potentially raising up to $1.4 billion. This would make it one of the largest public listings in India this year. The…
Alibaba’s Taobao App Tops Singapore App Store After English Update
Alibaba’s Taobao shopping app has rapidly gained popularity in Singapore, topping the Apple App Store charts after launching an AI-powered English version, designed to improve accessibility for non-Chinese users. The…
Indodax Halts Operations Following Suspected $22 Million Crypto Hack
Indonesian cryptocurrency exchange Indodax recently faced a severe security breach leading to a suspected loss of approximately $22 million in various cryptocurrencies. In response, Indodax has temporarily disabled both its…
Australian Crypto Investors Await Clear Regulations Before Entering the Market
In Australia, millions of potential cryptocurrency investors are hesitating to enter the market, awaiting clearer regulations. According to Jason Titman, CEO of Swyftx, an Australian crypto exchange, there’s a significant…
US Authorities Shut Down Over 350 Websites Selling Illegal Gun Parts from China
U.S. authorities announced the seizure of more than 350 websites selling gun silencers and parts from China, which were being used to convert semiautomatic pistols into fully automatic machine guns.…
Chinese Tech Giants Push AI Innovation to Compete with U.S. Companies
China’s major tech firms are intensifying their efforts in the field of generative artificial intelligence (AI), positioning themselves as competitors to established U.S. players like OpenAI, Google, and Meta. Chinese…
Malaysia Partners with China to Advance UAV Technology Development
Malaysia is set to strengthen its technological capabilities in unmanned aerial vehicle (UAV) development through a collaboration with China’s Honeycomb Aerospace Technologies (Beijing) Co Ltd, the third-largest UAV manufacturer in…
Samsung Electronics plans to cut global workforce by up to 30% in select divisions
Samsung Electronics is planning to reduce its global workforce by up to 30% in certain divisions, targeting overseas staff in regions like the Americas, Europe, Asia, and Africa, according to…
Sony’s PlayStation 5 Pro Set to Launch in November at $700
Sony has officially announced the PlayStation 5 Pro, priced at $700 and set to launch on November 7. The upgraded console promises up to 45% faster rendering, addressing a common…
Chinese-Swedish Lynk & Co Commits to Stable Prices Despite European Tariffs
Chinese-Swedish EV brand Lynk & Co has announced that it will not pass the burden of impending European tariffs on to consumers as it prepares to launch its first China-made…
Meta Uses Australian User Data for AI Training with No Option to Opt Out
Meta, the parent company of Facebook and Instagram, has been collecting public photos and posts from Australian users to train its artificial intelligence (AI) models, without offering an option to…
Apple Supplier Jabil Creates 5,000 Jobs with South India Investment
Apple supplier Jabil is investing approximately 20 billion rupees ($238.2 million) to establish a new manufacturing facility in Tamil Nadu, India, according to a statement from the state’s industries minister,…
Huawei introduces $2,800 trifold phone designed for maximum portability
Huawei has officially unveiled its Mate XT Ultimate, a $2,800 trifold smartphone, distinguishing itself from traditional folding designs by offering a unique collapsing feature. With two hinges, the phone transitions…
Australia Proposes Social Media Age Limit Plan, Sparking Debate
Australia is planning to impose a minimum age limit for children to access social media platforms like Facebook, Instagram, TikTok, and others, expected to be between 14 and 16 years,…
Chinese Car Industry Pushes Global Expansion at Frankfurt Trade Fair
Chinese auto suppliers and electric vehicle (EV) manufacturers have made a strong presence at the Automechanika trade fair in Frankfurt, Germany. Nearly 900 Chinese suppliers, along with major carmakers such…
Singapore Probes Illegal Worldcoin Accounts and Token Sales
Worldcoin, a cryptocurrency project known for its controversial approach to capturing identity data, is currently under investigation in Singapore for potential involvement in money laundering and terrorism financing. The scrutiny…
Singapore Gets First WiFi 7 Router from NETGEAR Promising Ultra-Fast Speeds
NETGEAR has introduced its first WiFi 7 router in Singapore, the Nighthawk RS700, which offers ultra-fast internet speeds of up to 19Gbps. This cutting-edge device, developed by NETGEAR’s team with…
Samsung Plant in India Faces Partial Shutdown Due to Worker Strike
Workers at Samsung Electronics’ plant in Sriperumbudur, India, have initiated an indefinite strike, demanding higher wages, which has led to a partial halt in production. This development follows similar labor…
Tokocrypto Gains Full Regulatory Approval in Indonesia as Binance Subsidiary
Tokocrypto, an Indonesian cryptocurrency exchange, has achieved a significant regulatory milestone by securing a full license under the country’s Commodity Futures Trading Regulatory Agency (Bappebti). This development marks a crucial…
Chinese Firm Buys Samsung SDI’s Polarizing Film Business for $836 Million
Samsung SDI has announced its decision to sell its polarizing film business to Wuxi Hengxin Optoelectronic Materials, a Chinese firm, for 1.12 trillion won ($836.47 million). This sale includes the…