India’s opposition urges Modi government to investigate Foxconn’s hiring practices
NEW DELHI – India’s opposition Congress party has called on Prime Minister Narendra Modi’s government to scrutinize Foxconn‘s hiring practices following a Reuters report that revealed the Apple supplier excludes…
Google Acquires Stake in BlackRock-Owned Taiwan Solar Power Company
Google has announced a significant investment in Taiwan’s New Green Power (NGP), a firm owned by a BlackRock fund, with the potential to purchase up to 300 megawatts (MW) of…
South Korea’s SK Hynix plans to invest $75 billion in AI and chip development by 2028.
South Korea’s SK Hynix, the world’s second-largest memory chip maker, announced an ambitious plan to invest 103 trillion won (approximately $74.6 billion) by 2028. This substantial investment aims to strengthen…
Bitget Announces $20 Million Investment Fund to Boost Telegram’s TON Ecosystem
In a significant development for The Open Network (TON), Bitget, a prominent crypto exchange, in partnership with Singapore-based Foresight Ventures, has announced the launch of a $20 million TON Ecosystem…
Australia Enhances Data Program to Identify Non-Compliant Crypto Taxpayers
As the Australian financial year draws to a close on June 30, the Australian Tax Office (ATO) is intensifying its oversight on cryptocurrency gains. With taxpayers starting to lodge their…
Samsara Eco Secures $65 Million to Replace Plastic Packaging
Samsara Eco, an Australian startup specializing in fossil-free polymer resins, secured a substantial $65 million equity funding round on Wednesday, June 26. Co-led by Temasek and Main Sequence, the investment…
Binance Implements Enhanced Security Protocols to Combat Account Misuse
Binance, the largest cryptocurrency exchange globally, has announced the implementation of new security measures aimed at curbing the misuse of account features and preserving the integrity of its platform. These…
Vanuatu Set to Enact Long-Awaited Cryptocurrency Legislation in September
The Pacific Island nation of Vanuatu is poised to enact a significant digital asset and service provider bill by September. This development, eagerly anticipated by the local and international financial…
Fujifilm, once struggling to sell cameras, now faces overwhelming demand.
TOKYO: For years, Japan’s Fujifilm pivoted away from its legacy camera business to focus on healthcare. But thanks in large part to the TikTok crowd, its retro-themed X100 digital cameras…
Japanese Village Utilizes NFTs to Support Aging Population
Yamakoshi, a secluded village in the Niigata mountains of Japan, has embarked on a unique digital initiative to support its aging population. Through the sale of non-fungible tokens (NFTs), the…
SoftBank partners with Tempus to launch AI healthcare joint venture in Japan
SoftBank Group founder Masayoshi Son announced on Thursday that the Japanese tech giant has established a joint venture in the country with Chicago-based health tech company Tempus. Together, the pair…
Major Australian News Broadcaster’s YouTube Channel Hijacked by Crypto Scammers
The YouTube channel of Seven Network, a leading Australian broadcaster, was compromised by cryptocurrency scammers, showcasing deepfake videos of Elon Musk promoting a crypto giveaway scam. The channel, known for…
Profitable Cryptocurrency Sectors of Early 2024 Unveiled
The first half of 2024 has showcased significant profitability variations across various sectors within the cryptocurrency industry. Analysis from BitEye, CoinGecko, and Wu Blockchain highlights which areas have thrived and…
Most of Indonesia’s data hit by the cyberattack wasn’t backed up, officials say.
The recent ransomware cyberattack on the Indonesian government has revealed significant deficiencies in the country’s cybersecurity preparations. Officials have admitted that most of the affected government data had not been…
Huawei’s Harmony OS seeks to eliminate China’s dependence on Windows and Android.
SHENZHEN, China – In a small room packed with a drone, a bipedal robot, a supermarket checkout, and other innovative devices, a vision of China’s software future is being showcased.…
Chinese-owned chipmaker Nexperia invests a big $200 million in expanding its European operations
AMSTERDAM/HAMBURG – Nexperia, a global leader in the production of basic semiconductors such as diodes and transistors, announced on Thursday that it will invest $200 million to expand capacity at…
Google Translate Uses AI to Add 110 Languages
Google Translate has significantly improved its ability to learn new languages, thanks to generative AI. On Thursday, June 27, Google announced that its Translate tool now supports 110 new languages,…
Hong Kong Focuses on DeFi and Metaverse to Boost Fintech Sector
Hong Kong is positioning itself as a leader in the global fintech landscape by embracing decentralized finance (DeFi) and metaverse technologies. Recent studies conducted by the Hong Kong Institute for…
Ethereum Experiences Continued Inflation for Over 73 Consecutive Days
Since the significant network upgrade known as the Merge in 2022, Ethereum has entered its most prolonged inflationary period to date. This sustained increase in Ether supply is largely attributable…
AI Takes Center Stage as Mobile World Congress Shanghai Begins
From phones that can detect deepfake scams to autonomous intelligent vehicles, the disruptive potential of artificial intelligence (AI) took center stage as Mobile World Congress Shanghai kicked off on June…