China Eyes Space Dominance with Plans to Rival Starlink
China’s ambitious satellite megaprojects aim to rival Elon Musk’s Starlink, marking a significant push into the competitive low Earth orbit (LEO) internet market. With SpaceX’s Starlink operating nearly 7,000 satellites…
Australian Court Levies $5.1 Million Fine on Kraken’s Local Operator for Compliance Failures
The Australian operator of the US-based cryptocurrency exchange Kraken has been fined 8 million Australian dollars ($5.1 million) by the Federal Court of Australia. The ruling, handed down on December…
RMIT Reconfigures Blockchain Hub, Citing Resource Optimization
The Royal Melbourne Institute of Technology (RMIT) is set to downscale its dedicated Blockchain Innovation Hub, transitioning it to function under the university’s finance school starting in 2025. This move…
Amazon Joins Online Car Sales with Hyundai Partnership
Amazon has officially entered the online car sales market, launching Amazon Autos, a platform where customers can browse, finance, and purchase new Hyundai vehicles. The service is available in 48…
China Faces Pressure to Innovate Semiconductor Design Amid US Restrictions
China faces an urgent need to innovate in semiconductor design to stay competitive in the global market, according to Wei Shaojun, a leading expert on semiconductors. Speaking at the China…
Hyundai’s Supernal Relocates Headquarters from DC to California
Hyundai’s electric air taxi startup, Supernal, is relocating its global headquarters from Washington, D.C., to Irvine, California, impacting a significant portion of its workforce in the process. Approximately 35 to…
Honda Ends Robotaxi Partnership with GM and Cruise in Japan
Honda has decided to end its involvement in a robotaxi joint venture with General Motors (GM) and Cruise in Japan. The move comes as GM shifts its focus away from…
Slash Vision Labs Introduces Crypto Credit Card to Japan
Slash Vision Labs, a company known for its innovative approach to integrating Japanese pop culture with Web3 technologies, has announced a groundbreaking venture into the financial sector by partnering with…
Senators Urge Stronger Cybersecurity Measures After Chinese Telecom Hack
The United States must strengthen its defenses against cyber threats, lawmakers urged during a Senate hearing on Wednesday, following revelations of a massive Chinese hacking campaign dubbed “Salt Typhoon.” The…
US Democrats Appoint Key Committee Leaders Influential in Crypto Policy
As the 119th United States Congress approaches, Democratic lawmakers are positioning themselves strategically within key committees, critical to shaping future policies, including those affecting the cryptocurrency industry. A recent announcement…
Ant Group Appoints New CEO as Jack Ma Speaks on AI’s Future
Ant Group has named Cyril Han as its new Chief Executive Officer, signaling a leadership shift as the financial technology giant aims to rejuvenate its growth following years of regulatory…
Nvidia Faces Antitrust Probe as China Escalates US Chip Dispute
China has launched an antitrust investigation into Nvidia, the U.S. chipmaker renowned for its artificial intelligence and gaming processors. Announced on Monday by the State Administration for Market Regulation, the…
Scientists Discover Way to Make Fuel Using Sunlight and Water
Scientists at Shinshu University in Japan have developed a prototype reactor that uses sunlight and water to produce renewable hydrogen fuel. This innovation could pave the way for cleaner energy…
Japan’s Kioxia Finalizes IPO Price and Prepares for December Listing
Bain Capital-backed chipmaker Kioxia has raised 120 billion yen ($800 million) through its initial public offering (IPO) after pricing shares in the middle of its marketed range, according to a…
Jack Ma Predicts AI Will Shape the Future of Ant Group
Jack Ma, co-founder of Alibaba and one of China’s most prominent tech entrepreneurs, made a rare public appearance to celebrate Ant Group’s 20th anniversary. During the event on Sunday, Ma…
China’s BYD Surges Ahead of Ford and Honda in Global Vehicle Sales
BYD, China’s leading electric vehicle (EV) manufacturer, is poised to exceed its 2024 sales goal, signaling another year of significant growth. The company is set to release November sales figures…
Ant Group President Cyril Han to Become CEO in March
Cyril Han, the current president and financial chief of China’s Ant Group, will step into the role of CEO starting March 1, 2025, according to an internal memo reviewed by…
US House to Vote on $3 Billion Plan to Remove Chinese Telecom Equipment
The U.S. House of Representatives plans to vote next week on a defense bill allocating over $3 billion to remove Huawei and ZTE equipment from American telecom networks. This funding…
TSMC Discusses Arizona AI Chip Production Deal with Nvidia
Taiwan Semiconductor Manufacturing Co. (TSMC) is reportedly in discussions with Nvidia Corp. to produce its Blackwell artificial intelligence chips at TSMC’s upcoming plant in Arizona, according to three sources familiar…
Nvidia partners with Vietnam to build AI research and data centers
Nvidia has entered a new collaboration with the Vietnamese government to establish an artificial intelligence research and development center and a data center in Vietnam. The agreement, signed on Thursday…