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Spotify introduces free streaming in South Korea

Spotify, the global audio streaming platform, announced on Thursday that it has introduced a free music and podcasts option in South Korea. This move aims to expand its audience base…

Taiwan Set to Pilot Crypto Custody Services via Local Banks by 2025

In a significant development for the financial technology landscape, Taiwan is gearing up to foster institutional adoption of cryptocurrencies through a new initiative involving local banks. The Financial Supervisory Commission…

Bitcoin Drops to $59K as Altcoins Struggle with Regulatory Hurdles

Bitcoin has fallen below the $60,000 mark for the first time since September 18, leading market participants to speculate about the possibility of further declines. As of October 10, Bitcoin’s…

Nintendo Seeks 10,000 Testers for New Switch Online Feature

Nintendo has launched a search for 10,000 testers, offering them first access to a mysterious new Switch Online feature. While the announcement provides few details and offers no concrete hints…

Singapore sets April 2025 deadline for digital bunker notes rollout

Singapore’s marine fuel suppliers will be required to provide digital bunkering services and issue electronic bunker delivery notes starting April 1, 2025. Amy Khor, Singapore’s senior minister of state for…

TSMC reports third-quarter revenue surge, outpaces predictions

Taiwan Semiconductor Manufacturing Co (TSMC), the world’s largest contract chipmaker, announced its third-quarter revenue on Wednesday, exceeding both market expectations and its own forecasts. The company, driven by strong demand…

MediaTek Launches Flagship Chipset Ready for AI and Tri-Fold Phones

MediaTek has officially revealed its latest flagship mobile chipset, the Dimensity 9400, designed with future-forward features alongside standard performance upgrades. Built on a 3nm process, the chipset promises up to…

Hailuo AI Launches New Tool to Convert Images into Dynamic Videos

Hailuo AI, developed by Chinese startup MiniMax, has officially introduced its Image-to-Video (img2video) feature, offering creators a new way to transform static images into dynamic video content. This launch positions…

South Korea and Singapore to Strengthen Ties with Strategic Partnership

South Korea and Singapore have agreed to establish a strategic partnership next year, as announced by Singapore’s Prime Minister Lawrence Wong during a joint press conference with South Korean President…

Hong Kong Plans to Increase Licensing for Crypto Exchanges by Year-End

Hong Kong’s financial regulator, the Securities and Futures Commission (SFC), has announced its intention to issue additional licenses to cryptocurrency exchanges and digital asset firms operating within the region by…

Crypto Adoption on Track to Hit 8% by 2025

Global cryptocurrency adoption is nearing a significant milestone, with 7.51% of the world’s population currently utilizing digital currencies, according to a recent report by MatrixPort. This trend indicates a shift…

China urges US to lift sanctions on semiconductor and vehicle firms

China’s Commerce Minister, Wang Wentao, expressed “serious concerns” on Tuesday in a call with U.S. Secretary of Commerce Gina Raimondo regarding U.S. semiconductor policies and restrictions on Chinese connected vehicles.…

Palau Launches Blockchain-Enabled Savings Bonds in Collaboration with Soramitsu

The Republic of Palau has unveiled a groundbreaking initiative, Palau Invest, which features a blockchain-based savings bonds prototype system. This development comes with the full support of Japan’s Ministry of…

AI Fund led by Andrew Ng makes first India investment with Jivi

Andrew Ng-led AI Fund has made its first investment in India, backing the AI-powered healthcare startup Jivi. The announcement was made on Tuesday, marking the fund’s entrance into India’s burgeoning…

VESSL AI raises $12M to slash GPU costs for machine learning models

South Korean startup VESSL AI has raised $12 million in a Series A funding round, focusing on its machine learning operations (MLOps) platform that promises to reduce GPU expenses by…

Huawei introduces HarmonyOS Next to compete with iOS and Android

Huawei Technologies is set to release its new mobile operating system, HarmonyOS Next, on Tuesday, positioning it as a competitor to Apple’s iOS and Google’s Android. This launch is part…

Super Micro stock jumps following AI GPU shipment announcement

Super Micro Computer‘s shares saw a significant 15% rise following the company’s announcement that it is now shipping over 100,000 graphics processing units (GPUs) used for artificial intelligence every quarter.…

National Bank of Bahrain Launches First Bitcoin Investment Fund

The National Bank of Bahrain (NBB) has made a significant move in the financial landscape by launching its inaugural Bitcoin investment fund, aimed specifically at institutional investors within the Gulf…

Samsung apologizes after missing third-quarter profit expectations

Samsung’s Vice Chairman, Jun Young-hyun, the new head of the company’s Device Solutions Division, issued a rare apology on Tuesday following the company’s disappointing third-quarter profit guidance. The apology came…

AI Boom Has Room to Grow Says Foxconn Chairman Amid Language Model Evolution

Foxconn CEO and Chairman Young Liu has indicated that the surge in corporate investment in artificial intelligence (AI) infrastructure will continue as large language models (LLMs) advance. In an interview…