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Indonesia Bans iPhone 16 Sales as Apple Falls Short on Local Investment

Apple’s newest iPhone 16 lineup, the Apple Watch Series 10, and other recently announced devices are now banned from sale in Indonesia after the company failed to meet local investment…

Bitcoin’s Surge to $80K Driven by Positive Derivatives Market Trends

As 2024 winds down, the financial landscape for Bitcoin looks promising, with potential price escalations to over $80,000, spurred by bullish signals from the derivatives markets. Analysts from the crypto…

US Finalizes AI and Tech Investment Restrictions in China

The Biden administration announced on Monday that it has finalized rules limiting U.S. investments in specific technology sectors in China, including artificial intelligence, to safeguard national security. Initially proposed in…

Indonesia Sees Over 60% of Crypto Investors Aged Under 30

Recent data from Indonesia’s Commodity Futures Trading Regulatory Agency (Bappebti) highlights a significant trend: a majority of cryptocurrency users in the country are 30 years old and younger. This demographic…

Tata Technologies’ Profit Slips Again as Global EV Market Cools

India’s Tata Technologies reported a profit decline for the third consecutive quarter, impacted by a global slowdown in electric vehicle (EV) demand. The engineering and technology services provider, which primarily…

China Claims Discovery of Deep-Sea Spy Devices Guiding Foreign Submarines

China’s Ministry of State Security announced Tuesday that it has retrieved spying devices on both the surface and depths of the ocean, including underwater “lighthouses” allegedly guiding foreign submarines in…

Toyota Teams Up with NTT for $3.3 Billion AI Self-Driving Project

Toyota Motor Corporation and Japan’s Nippon Telegraph and Telephone (NTT) have pledged a combined investment of 500 billion yen ($3.26 billion) for research and development in artificial intelligence software aimed…

Vietnam’s Vingroup Invests Big in AI and Cloud Computing Startups

Vietnam’s Vingroup has announced a US$150 million fund, named VinVentures, aimed at investing in technology start-ups across Southeast Asia, with an initial focus on artificial intelligence, semiconductors, and cloud computing.…

Telegram Pushes Back on Monitoring Chatbots in Star Health Data Leak Case

Telegram, the popular messaging platform, informed an Indian court on Friday that it cannot monitor all hosted accounts to detect leaked customer data from India’s largest health insurer, Star Health.…

China Extends Welcome as Apple Strengthens Market Position

China has welcomed Apple Inc.’s intention to expand its presence within the Chinese market, according to Commerce Minister Wang Wentao. In a recent meeting with Apple’s CEO, Tim Cook, Wang…

EU and China Agree to Continue Talks on Electric Vehicle Tariff Alternatives

The European Union and China have agreed to proceed with additional technical discussions in the coming days to explore alternatives to imposing tariffs on China-manufactured electric vehicles (EVs). Both the…

WeRide Gains Momentum in U.S. Market After Successful Nasdaq Launch

Shares of China’s self-driving technology company WeRide surged by 19% in its debut on the Nasdaq on Friday. Following an initial public offering (IPO) and private placement that raised $440.5…

Chinese Hackers Allegedly Access Phones Linked to U.S. Presidential Campaigns

Chinese hackers reportedly targeted phones connected to Kamala Harris’s campaign, a source familiar with the matter revealed on Friday. Hackers accessed Verizon’s network to target devices associated with individuals supporting…

Singapore Airport Cuts Immigration Time to 10 Seconds Using Biometric Scanning

Singapore’s Changi Airport has significantly accelerated its immigration process, allowing travelers to clear in just 10 seconds using advanced facial recognition and iris biometric technology. According to a statement released…

Huawei Cloud sees rapid expansion in South Africa’s growing market

Huawei Cloud has witnessed significant business growth in South Africa over the past five years, with plans to introduce more cloud solutions to increase its market share and drive revenue…

Tether Suggests Boron-Backed Digital Tokens to Turkish Government

Tether, the entity behind the world’s largest stablecoin by market capitalization, has recently approached the Turkish government with a proposal to innovate in the digital asset space by creating tokens…

China Welcomes Tesla and HSBC in New Telecom Service Pilot

Tesla and HSBC are leading the way in a new pilot programme launched by China that allows foreign firms to independently operate data centres and provide telecom services. The programme,…

Nvidia Strengthens AI Presence in India with New Partnerships

Nvidia is entering into a series of strategic partnerships with Indian companies to deploy its AI chips and technology, strengthening its presence in a key growth market. The U.S. chip…

Chinese Companies Quietly Advance Autonomous Vehicle Testing on U.S. Roads

Chinese companies have been testing autonomous vehicles (AVs) in the U.S. for several years as part of their aggressive push to develop advanced driverless car technology. Major Chinese firms such…

Navigating the Crypto Landscape: Japan’s Conservative Stance on ETFs and Regulation

Japan remains cautious about integrating cryptocurrency-based exchange-traded funds (ETFs) into its financial ecosystem, contrasting with the proactive stances of other global economies like the United States and Hong Kong. This…