Hong Kong Innovator John Fan Set to Transform AI Smart Glasses Industry
John Fan Chin-Chiang, a notable figure in the development of mini displays for the US military, is now shifting his focus to smart glasses. His Hong Kong-based company, Solos Technology,…
Upcoming Half of 2024 Predicted as Ethereum’s Most Bullish Phase Due to Ether ETFs, Expert Claims
As the Ethereum ecosystem gears up for a potentially transformative period, the anticipated introduction of the first spot Ether exchange-traded funds (ETFs) could herald its most bullish phase yet. According…
Chinese Team Leverages Quantum Technology to Track Electrons in Superconductors
A team of Chinese researchers has developed a quantum computer capable of simulating the movement of electrons in solid-state materials. This achievement could pave the way for applications that surpass…
Asia’s First Inverse Bitcoin ETF Set for Launch in Hong Kong
On July 23, the financial landscape in Hong Kong is set to expand with the launch of the CSOP Bitcoin Future Daily (-1x) Inverse Product (7376.HK), marking Asia’s first foray…
Philippines Begins Phasing Out Offshore Gaming Hubs
The Philippines’ gaming regulator, the Philippine Amusement and Gaming Corp (PAGCOR), announced on Tuesday that it will cancel the licenses of offshore gambling firms. This move is in response to…
Japanese Supermarkets Use AI to Boost Staff Smiles and Speech Tones
Japanese supermarket chain AEON has introduced an artificial intelligence (AI) system to evaluate and standardize employees’ smiles, reigniting discussions about workplace harassment. On July 1, AEON announced it had become…
Next Year’s iPhones to Miss Out on TSMC’s Advanced 2nm Chips
A well-known leaker, known as 手机晶片达人 or “mobile phone chip expert,” has dismissed claims that next year’s iPhones will feature 2nm chips from TSMC. In a post on Weibo, the…
Nvidia Gears Up to Launch Cutting-Edge AI Chip Tailored for China Market
Nvidia is working on a version of its new flagship AI chips for the China market that complies with current U.S. export controls, according to three sources familiar with the…
Malaysia Celebrates Its Second Unicorn: Biotech Giant ALPS Global Holdings Bhd Sets Sights on NASDAQ
Malaysia has marked an achievement as ALPS Global Holding Bhd (ALPS) reaches unicorn status, according to Minister of Science, Technology, and Innovation Chang Lih Kang. This makes ALPS the country’s…
China Trade Fears Trigger $500 Billion Loss in Chip Stocks
The semiconductor industry faced a significant setback on Wednesday, losing over $500 billion in stock market value. This marks the worst session for the sector since 2020, triggered by reports…
Illicit Chip Flows to Russia Decline, But China and Hong Kong Persist as Key Transshipment Hubs
Semiconductors and other restricted goods shipped through China and Hong Kong to support Russia’s war efforts have decreased by a fifth this year, according to previously undisclosed U.S. Commerce Department…
Byju’s Founder Confronts Crisis Amid Ed-Tech Giant’s Collapse
Byju Raveendran, an Indian mathematics whiz who rose from teacher to startup billionaire, is now facing his toughest challenge yet. His education technology company, Byju‘s, has seen its valuation plummet…
Kraken Custody Extends Services to UK and Australia
Kraken, a leading cryptocurrency exchange, has officially announced the expansion of its Kraken Custody services to institutional clients in the United Kingdom and Australia. This strategic move marks Kraken Custody’s…
MUFG Executives to Take Pay Cuts Following Information Firewall Breach
Mitsubishi UFJ Financial Group (MUFG), Japan’s largest banking group, has announced pay cuts for its CEO and five other executives following breaches of “firewall” regulations at its banking and securities…
Over 40% of Japanese Companies Lack AI Implementation Plans
A recent Reuters survey conducted by Nikkei Research has revealed that nearly 25% of Japanese companies have integrated artificial intelligence (AI) into their operations. However, over 40% of businesses have…
Samsung Set to Acquire UK-Based AI Startup Oxford Semantic in Strategic Move
Samsung Electronics announced today that it has signed an agreement to acquire Oxford Semantic Technologies, a UK-based startup specializing in knowledge graph technology. Established Founders Specialization Key Technology Clients 2017…
Intel’s Investments in China Possibly Caused New US Restrictions
According to a recent report by the Financial Times, Intel Capital is one of the most active foreign investors in China’s artificial intelligence and silicon startups. Currently, Intel Capital owns…
You Can Now Add Multiple Audio Tracks to Instagram Reels
Instagram announced a new feature allowing users to add multiple audio tracks to their Reels, available globally starting Tuesday, July 16. This update enables creators to incorporate up to 20…
Ola Electric Targets $4.5 Billion Valuation in Anticipated IPO
Ola Electric, an Indian e-scooter manufacturer backed by SoftBank, is preparing for its initial public offering (IPO). According to sources with direct knowledge of the matter, the company is expected…
Nigerian Court Issues Arrest Warrant for Prison Doctor Amid Health Concerns for Detained Binance Executive
Justice Emeka Nwite of the Federal High Court in Abuja has escalated the legal proceedings involving a Binance executive’s health concerns by issuing a bench warrant for Dr. Abraham Ehizojie,…