Sony Shuts Down Concord After Just Two Weeks on the Market
Sony is shutting down its newly launched online shooter, Concord, just two weeks after its release due to low sales and lukewarm player interest. Starting Tuesday, customers who purchased the…
Canva Raises Teams Prices by Over 300 Percent, Citing AI Enhancements
Canva is raising prices for its Teams subscription, with some users facing increases of over 300%, due to the company’s expanded use of generative AI tools. Specific price changes include:…
BigEndian Founders Aim to Boost India’s Semiconductor Industry
BigEndian Semiconductors, a fabless design startup based in Bengaluru, is leveraging its founders’ extensive chip industry experience to boost India’s position in the global semiconductor market. The company, established in…
Japan’s Chip Restrictions Could Spark Economic Backlash from China
China has issued a stern warning to Japan about potential economic retaliation if Tokyo proceeds with further restrictions on the sales and servicing of chipmaking equipment to Chinese companies, as…
Investigation Launched by South Korea into Telegram’s Role in Deepfake Distribution
South Korean police have initiated an investigation into Telegram to determine whether the encrypted messaging app has played a role in the distribution of sexually explicit deepfake content, as reported…
Metaplanet Partners with SBI for Bitcoin Trading and Custody Initiatives
Metaplanet, a prominent Bitcoin investor in Japan, often compared to “Japanese MicroStrategy,” has announced a strategic partnership with SBI VC Trade, a crypto investment arm of SBI Group, which is…
OKX Secures Comprehensive Crypto License in Singapore
Crypto exchange OKX has officially received a full operational license in Singapore, marking a significant expansion of its capabilities to facilitate cryptocurrency trading and cross-border financial services. This development coincides…
ByteDance Taps Citigroup, Goldman Sachs, and JPMorgan for Massive Loan
ByteDance, the parent company of TikTok, is reportedly securing a $9.5 billion loan from banks, marking the largest dollar-denominated corporate loan in Asia outside of Japan. According to sources familiar…
Huawei to Launch New Product Hours After Apple’s iPhone 16 Unveiling
Huawei is set to challenge Apple with a product launch event scheduled just hours after the expected unveiling of the iPhone 16. The Chinese tech giant announced on Monday that…
Singapore Retailers Embrace AI but Worry About Losing Personal Touch
Singapore retailers are increasingly adopting artificial intelligence (AI) to enhance customer engagement and streamline operations, but concerns remain over the potential loss of a personal touch in shopping experiences. A…
Validus Secures $50M Debt Financing from HSBC to Support Indonesian SMEs
Validus, a digital lending platform for small and medium enterprises (SMEs) based in Singapore, has secured $50 million in debt financing from HSBC under the ASEAN Growth Fund strategy. The…
Netherlands considers ASML’s interests in potential China export rules
The Dutch government is considering the economic interests of ASML when evaluating potential restrictions on the export of its computer chip-making equipment to China, according to Dutch Prime Minister Dick…
Nintendo Stops Repairing New 3DS as Parts Run Out
Nintendo has officially stopped offering repairs for the New Nintendo 3DS due to a shortage of parts. This development, announced by the company’s Japanese support team, means that users of…
China Aims to Expand Green Technology Exports in Upcoming African Summit
China is set to use this week’s summit with African leaders in Beijing to promote its green technology exports, including electric vehicles and solar panels, as it faces growing restrictions…
Naver and Chiliz Forge Partnership to Launch Crypto Wallet in South Korea
South Korean technology conglomerate Naver has announced the launch of its first-ever cryptocurrency wallet, the Naver Pay Wallet, in collaboration with the sports-centric blockchain, Chiliz. This strategic partnership marks a…
Australia’s Crypto ATM Network Grows 17-Fold Amid Regulatory Scrutiny
Over the past two years, Australia has experienced a significant surge in the number of cryptocurrency ATMs, increasing seventeenfold and marking it as one of the fastest-growing markets globally for…
Uber Aims to Boost Market Share in South Korea with New Strategy
Uber Technologies Inc.‘s CEO, Dara Khosrowshahi, reaffirmed the company’s commitment to expanding its presence in South Korea, despite facing stiff competition from local tech giant Kakao. Speaking to reporters in…
China’s Robotaxi Expansion Raises Job Security Concerns
China’s aggressive push for robotaxi technology has sparked concerns over job security among drivers, while experts suggest the rise of autonomous vehicles is also creating new employment opportunities. Recent developments…
China Invests $6.1 Billion in Nationwide Data Center Initiative
China has invested over 43.5 billion yuan ($6.12 billion) in a nationwide project to construct computing data centers, a senior government official revealed on Thursday. This announcement comes amid escalating…
Nvidia Earnings Spark Decline in Asia’s Semiconductor Sector
Tech and chip-related stocks across Asia saw declines on Thursday, following Nvidia’s release of its second-quarter results. The drop extended across key markets in the region, with companies directly linked…