South Korea Crypto Body Says Mass Token Delistings ‘Unlikely’ Amid New Laws
A group of 20 South Korean crypto exchanges has eased concerns that the country’s new digital asset regulations would lead to a mass delisting of tokens. The Digital Asset Exchange…
Cameras may soon have the capability to identify drivers impaired by alcohol.
Researchers in Australia have developed an innovative computer tracking system capable of detecting, via camera images, the level of inebriation of motorists. If successfully combined with surveillance cameras, this technology…
Japan’s SmartHR raises $140M Series E as HR tech demand boosts ARR to $100M.
SmartHR, a cloud-based human resources and labor management software startup, announced on Monday that it has successfully raised $140 million in a Series E funding round. The round was led…
In 2024, President Biden revoked eight licenses for China’s Huawei.
The Biden administration has revoked eight licenses this year that had previously allowed some companies to ship goods to Chinese telecoms equipment giant Huawei. This action, first reported by Reuters,…
Japan’s first new banknotes in 20 years use holograms to prevent counterfeiting.
Japan has launched its first new banknotes in 20 years, featuring innovative three-dimensional portraits of prominent figures in financial and female education institutions. This initiative aims to enhance security and…
Historical Trends Suggest Potential Bitcoin Recovery in July
Despite experiencing a 7% decline in June, Bitcoin may be poised for a strong rebound in July, continuing a pattern observed in previous years. Historical data from Coinglass, which has…
China’s top EV makers, Li Auto, Xpeng, and Nio, achieve strong sales despite discounts.
China’s top three premium electric vehicle (EV) manufacturers, Li Auto, Xpeng, and Nio, have demonstrated strategic business acumen. Despite the necessity for discounts and incentives, these companies have achieved significant…
China’s AI firms are rationing services due to a chip shortage.
China’s chip industry has made significant strides in developing advanced semiconductors capable of powering 5G smartphones. However, it has yet to achieve the capability to produce chips powerful enough to…
Microsoft consolidates its retail channels in China
SHANGHAI – In response to recent media reports, Microsoft announced its decision to consolidate its retail channels in mainland China. This strategic move reflects the company’s ongoing assessment of its…
Zhihu launches an AI-driven feature to enhance user engagement.
Beijing, China – Zhihu, often referred to as China’s Quora, has distinguished itself with the launch of an innovative AI feature. This generative AI, introduced on a recent Saturday, automatically…
Philippines Implements Tether’s USDT for Social Security Contributions
In a groundbreaking move, Tether, the world’s largest stablecoin issuer, has collaborated with the Philippines’ Social Security System (SSS) to integrate cryptocurrency as a viable payment option for social security…
Xurya secures a US$55 million investment to enhance renewable energy initiatives in Indonesia
Indonesia’s premier renewable energy company, Xurya, has secured a substantial new investment of US$55 million to enhance its operations and drive the nation’s renewable energy sector forward. The funding round…
Samsung Electronics workers to stage a strike from July 8-10, according to a union official.
A workers’ union at Samsung Electronics in South Korea has announced a strike from July 8-10, as part of their increasing industrial action against the country’s most valuable company. The…
Decrease in Crypto Hacking Incidents: June Sees a 54.2% Reduction in Losses
June witnessed a significant decline in the financial impact of cryptocurrency hacks, with losses plummeting by 54.2% compared to the previous month. This marked reduction highlights a shift in the…
TikTok’s Instagram competitor, Whee, struggles to gain traction
In an unexpected move earlier this month, TikTok launched a new social app called Whee. This Instagram-like service allows users to take and share photos with friends while offering features…
Honor claims AI is ‘worthless’ without data privacy.
George Zhao, CEO of Chinese smartphone company Honor, stressed the importance of data protection in the evolving landscape of artificial intelligence. Zhao’s remarks highlight the necessity of safeguarding user data…
Floki Inu Issues Alert on Counterfeit Tokens Across Solana and Base Platforms
Floki Inu, a prominent memecoin project, has issued a warning to its users and the broader cryptocurrency community regarding fraudulent tokens falsely claiming affiliation with its brand. These unauthorized tokens…
TikTok and influencers significantly influence Gen Z’s shopping choices.
Generation Z in the Asia-Pacific region is revolutionizing the fashion industry by taking cues from idols and influencers, significantly driven by the social media platform TikTok, according to a new…
Global Climate Tech Firm Aether Fuels Secures $34M in Series A Funding
Global advanced climate technology company Aether Fuels has announced securing $34 million in Series A financing from a syndicate of global investors. The funding aims to accelerate the company’s efforts…
Chinese AI startups move to Singapore to drive global expansion
When Wu Cunsong and Chen Binghui founded their artificial intelligence startup, Tabcut, two years ago in Hangzhou, China, they quickly encountered numerous challenges, including a lack of venture capital. This…