Australia to Require Crypto Firms to Hold Financial Services Licenses
Australian regulators are reportedly preparing new guidance that will require cryptocurrency exchanges to obtain financial services licenses. This move aims to extend licensing requirements beyond the current regulations governing digital…
Vietnam and U.S. Companies Agree on Energy, AI, and Data Center Deals
Vietnamese and U.S. companies have entered into several memorandums of understanding (MoUs) aimed at boosting collaboration in energy, artificial intelligence, and data center development, according to the Vietnamese government on…
Gold Hits New All-Time High as Bitcoin Rallies to September High Above $64K
The price of gold has reached unprecedented heights following a recent interest rate cut by the United States Federal Reserve, prompting crypto analysts to speculate on when Bitcoin might experience…
China urges vigilance over alleged Taiwanese cyberattacks
China’s national security ministry has accused a Taiwanese hacking group, Anonymous 64, of conducting cyberattacks against targets in mainland China, Hong Kong, and Macau. In a blog post on Monday,…
Crypto Marketing Expert Emphasizes Importance of Skepticism in Cryptocurrency Promotion
Amanda Cassatt, founder of Web3 marketing firm Serotonin, emphasizes the necessity of skepticism and thorough personal research for investors navigating the burgeoning cryptocurrency market. Speaking at Token2049 in Singapore, Cassatt…
Indian Startup Physics Wallah Raises $210 Million and Achieves $2.8 Billion Valuation
Indian ed-tech startup Physics Wallah secured a $2.8 billion valuation following a $210 million funding round, the company revealed on Friday. The round was led by Hornbill Capital, with Lightspeed…
TSMC and Samsung Explore Chip Manufacturing Projects in UAE
Two of the largest global chipmakers, Taiwan Semiconductor Manufacturing Company (TSMC) and Samsung Electronics, are in discussions about building semiconductor plants in the United Arab Emirates (UAE), according to a…
Chinese AI Driving Technology Firm Expands Globally from Hong Kong Base
Hong Kong’s proactive approach to fostering innovation has led to significant growth opportunities for companies like Uisee, a leading Chinese autonomous driving technology firm. The city’s strategic position, combined with…
Samsung Files Lawsuit Against Indian Labour Union Amid Escalating Strike
Samsung Electronics’ legal battle with its Indian labour union over an 11-day strike at its Tamil Nadu home appliances factory is escalating, as revealed by recent court documents. The company…
Limited Stock of Huawei’s Mate XT Leaves Fans Disappointed on Launch Day
Huawei’s newly launched $2,800 Mate XT tri-foldable phone has left many of its loyal fans disappointed, as the device was not available for walk-in customers on its release day. The…
Alibaba unveils over 100 new AI models in push for global dominance
Alibaba has released over 100 new open-source artificial intelligence (AI) models, significantly expanding its AI offerings in a bid to compete with major players in both China and the U.S.…
Nio Introduces Affordable Onvo L60 SUV in Push to Compete with Tesla
Nio has introduced a new brand, Onvo, with its first vehicle, the L60 SUV, priced aggressively to compete with Tesla. The L60 starts at 149,900 Chinese yuan ($21,210) when purchased…
Nintendo and Pokémon Company Take Pocketpair To Court Over Palworld Game
Nintendo and The Pokémon Company have filed a lawsuit against Pocketpair, the Japanese developer behind the game Palworld, for patent infringement. The lawsuit was filed in Tokyo and targets Palworld,…
China Faces Struggles in Developing Domestic Nvidia Rival
Chinese companies are ramping up their efforts to develop an alternative to Nvidia’s AI chips, but significant hurdles remain. The U.S. sanctions, coupled with Nvidia’s dominance in AI chip technology,…
Japan’s Mitsubishi Heavy Industries to Supply H3 Rockets for Eutelsat Launches by 2027
Japan’s Mitsubishi Heavy Industries (MHI) has secured a deal to provide multiple H3 rocket launches for France’s Eutelsat Group starting in 2027. This contract represents a significant achievement for Japan’s…
YouTube Teams Up with Shopee to Expand E-Commerce in Southeast Asia
YouTube and Shopee have partnered to launch an online shopping service in Indonesia, with plans to expand across Southeast Asia. This collaboration allows users to purchase items showcased on YouTube…
AI Takes Center Stage at Tech Week Singapore 2024 as Industry Leaders Gather
Tech Week Singapore 2024 will gather top global tech leaders, government officials, and industry experts to explore the future of digital transformation in Asia, with a primary focus on artificial…
OpenAI o1 Model Receives High Praise from Moonshot AI Founder
OpenAI’s latest model, OpenAI o1, marks a notable advancement in artificial intelligence, particularly in its ability to perform complex tasks. Yang Zhilin, founder and CEO of Moonshot AI, praised the…
Princeton Digital Makes Major Land Purchases to Support AI Growth in Asia
Singapore-based Princeton Digital Group (PDG) has expanded its land holdings in India, Malaysia, and Indonesia to accommodate the growing demand for artificial intelligence (AI) services. The company aims to increase…
China Criticizes EU EV Tariffs, Citing Harm to German Economy
China’s commerce minister, Wang Wentao, has expressed concerns over the European Union’s impending tariffs on electric vehicles (EVs), warning that the move will harm both China and Germany. He argued…