South Korean Executive Detained Again Over Alleged Samsung Chip Technology Leak
A South Korean executive, Choi Jinseog, has been detained again over fresh allegations of technology theft related to Samsung Electronics’ semiconductor operations. Choi, previously accused of stealing sensitive chip processing…
Over 2.7 Million Pre-Orders for Huawei’s Mate XT as iPhone 16 Launch Approaches
Huawei’s latest tri-fold smartphone has garnered over 2.7 million pre-orders, as the company pushes ahead with its Mate XT model, surpassing Apple’s upcoming iPhone 16 launch, which is scheduled for…
Malaysia Scraps DNS Traffic Rerouting Plan Following Public Backlash
Malaysia has halted its plan to reroute web traffic through local DNS servers following public outcry over potential online censorship and negative impacts on the country’s digital economy. Communications Minister…
Stacks Sets New Record for Smart Contract Deployments Before Nakamoto Upgrade
Stacks, the layer enabling smart contracts on Bitcoin, has achieved a new milestone with over 1,400 smart contracts deployed in a single month, just days before the Nakamoto upgrade is…
Ripple CEO Foresees Inevitable Demand for Japanese Yen Stablecoins
Ripple CEO Brad Garlinghouse expressed optimism about the potential demand for a Japanese yen stablecoin, despite the company not yet committing to launching such a product in Japan. During an…
South Korea Summit Focuses on Innovative AI Blueprint for Military Use
South Korea has convened an international summit to establish a blueprint for the responsible use of artificial intelligence (AI) in military applications, aiming to set minimum guardrails for its deployment.…
Apple’s Find My Finally Arriving in South Korea in 2025 After Long Wait
Apple’s Find My service is set to launch in South Korea in 2025, after years of the feature being disabled in the country. According to a press release translation by…
China Responds to Dutch Move to Tighten ASML Export Rules
China has expressed dissatisfaction with the Dutch government’s recent decision to expand export controls on chipmaking equipment from ASML, a leading global supplier. The Dutch government announced on Friday that…
Honor aims to surpass Apple in China with new AI assistant
Honor is aiming to outpace competitors like Apple in China with the launch of its own AI-powered assistant, Yoyo, the company announced on Friday. The assistant, renamed Honor AI Agent…
Tencent Cloud to Expand Palm Verification Technology Globally
Tencent Cloud, a subsidiary of Tencent Holdings Ltd, is set to introduce its advanced palm verification technology to the global market. This system, which has seen widespread use in China…
Fintech Drip Capital Raises $113 Million to Support SMB Growth
Drip Capital, a Palo Alto-based fintech company that provides working capital to small and medium-sized businesses (SMBs), has secured $113 million in funding to further expand its operations. This latest…
Global Downtrend: Over 600 Bitcoin ATMs Decommissioned in Recent Months
In the first two quarters of Q3 2024, the global network of Bitcoin ATMs saw a significant reduction, with more than 600 units going offline. This trend, particularly pronounced in…
Qualcomm, Google, and Samsung Join Forces for Mixed-Reality Smart Glasses
Qualcomm CEO Cristiano Amon revealed that the company is working with Samsung and Google to develop mixed-reality smart glasses connected to smartphones. This marks a distinct approach compared to Apple,…
BYD Aims to Overcome Challenges in Japan’s EV Market
BYD, China’s largest electric vehicle (EV) manufacturer, faces challenges in its bid to expand into the Japanese market, despite efforts to boost sales through aggressive marketing and customer incentives. The…
South Korea Intensifies Inspections of Crypto Exchanges for Suspicious Activities
South Korea’s financial regulator, the Financial Supervisory Service (FSS), is set to initiate a comprehensive inspection of virtual asset exchanges to detect and deter suspicious or illegal transactions. This move…
Monochrome Asset Management Poised for Success with Australia’s First Direct Ether ETF Filing
Jeff Yew, CEO of Monochrome Asset Management, expressed confidence in the appeal of the Ether ETF to potential investors, particularly highlighting the ETF’s in-kind subscription model. This model allows investors…
Alibaba Expands Payment Options by Adding Tencent’s WeChat Pay
Alibaba has announced that its Taobao and Tmall e-commerce platforms will soon allow users to make payments through Tencent’s WeChat Pay, marking the first time such an option has been…
FBI Issues Alert on North Korean Social Engineering Tactics to Steal Cryptocurrency
The United States Federal Bureau of Investigation (FBI) has recently highlighted an ongoing threat posed by North Korean cyber actors who are targeting employees of digital asset firms, particularly those…
US Officials Call for Probe Into Shein and Temu’s Sale of Hazardous Baby Items
US safety regulators are pressing for an in-depth investigation into the safety practices of popular e-commerce platforms Shein and Temu, with specific concerns about the sale of hazardous baby and…
China Boosts Chipmaking Capacity with Record-Breaking Investments
China is significantly increasing its spending on chipmaking machines, surpassing all other nations, as it invests heavily to bolster its local manufacturing industry amidst US-backed sanctions. A recent report by…