SoftBank Unveils Plans for 150MW AI Data Center at Sharp’s Sakai Facility
In a significant move set to bolster Japan’s AI capabilities, SoftBank announced plans to construct a substantial AI data center at Sharp Corporation‘s LCD panel plant in Sakai City, Osaka…
Chinese Court Sentences Group for Money Laundering Using Digital Yuan
A Chinese court has sentenced several individuals to prison for laundering money using the country’s central bank digital currency (CBDC), the digital yuan. This case underscores the complexities of digital…
Uniqlo’s Innovative Checkout Technology Paves the Way to ¥10 Trillion in Sales
Singapore – Fast Retailing Co, Asia’s largest apparel business and the parent company of the popular Uniqlo brand, is accelerating its technological advancements to achieve an ambitious target of ¥10…
ByteDance Unsuccessful in Blocking Trademark Application for Defunct Short Video App
SINGAPORE: In a significant legal ruling, ByteDance, the parent company of the globally renowned social media platform TikTok, has failed to prevent a Singapore-based firm, Dol Technology, from registering the…
Honor Unveils Its First Flip Foldable Smartphone, Taking on Samsung in the Competitive Market
Honor has officially entered the competitive foldable phone market with the launch of its first vertically-folding device, the Magic V Flip. This significant move, announced on Thursday, marks Honor’s continued…
North Korean Cyberattacks on Brazilian Fintech Firms Exposed
Google Cloud’s threat intelligence team has uncovered a series of cyberattacks orchestrated by North Korean government-backed hackers targeting Brazil’s cryptocurrency exchanges and fintech companies. This revelation underscores the growing threat…
India’s Jio Platforms Secures License to Launch Satellites Competing with Starlink
Orbit Connect India, a collaborative venture between India’s Jio Platforms and Luxembourg-based SES, has received the green light from India’s space oversight agency to operate satellites over the country. This…
MoonPay Introduces PayPal Fiat On-Ramp for the UK and EU Markets
MoonPay has announced the addition of PayPal as a fiat on-ramp for customers in the European Union and the United Kingdom. This integration aims to simplify and expand access to…
Chinese President Xi Jinping Commends Conflux Network’s Chief Scientist in Open Letter
On June 12, Chinese President Xi Jinping expressed his admiration for Andrew Chi-Chih Yao, the chief scientist of the Conflux Network and a prominent professor at Tsinghua University, through an…
Circle Announces Integration with Solana: Programmable Wallets and Gas Stations
Circle’s integration with Solana will be executed in two distinct phases. The initial phase, announced on June 12, focuses on deploying programmable wallets. These wallets are designed to allow developers…
Aethir Unveils Decentralized Cloud Compute Network on Ethereum Mainnet
The launch of Aethir’s decentralized cloud network introduces a transformative platform where enterprises, data centers, cloud providers, and cryptocurrency mining operators can contribute their idle GPU resources. This initiative offers…
Ant Group invested $2.9 billion in tech research last year.
Ant Group, a leading financial technology company, reported on Thursday an unprecedented investment of 21.19 billion yuan ($2.92 billion) in technology research and development for the year 2023. This investment,…
MetaMask Introduces Pooled Staking for Ethereum Holders
MetaMask, a leading cryptocurrency wallet provider, has launched a new staking service that allows users to pool their funds and stake their assets with enterprise-grade validators managed by Consensys, a…
China tops the world in driverless car testing
The bustling streets of Wuhan, a central Chinese city of 11 million residents, have become the epicenter of the world’s most extensive driverless car experiment. With a staggering 4.5 million…
Enveda Raises $55M to Fuse Ancient Remedies with AI in Drug Discovery
For centuries, people have turned to nature to alleviate pain and treat ailments. One notable example is the use of willow tree bark, chewed by our ancestors to relieve pain…
Crystal Intelligence Report: Crypto Hacks Reach $19 Billion Over 13 Years
The cryptocurrency industry has endured a significant toll over the past 13 years, with 785 reported hacks and exploits leading to nearly $19 billion worth of digital assets being stolen.…
Rebellions and Sapeon Merge as AI Hardware Competition Intensifies
South Korea’s fabless AI chip industry has experienced significant growth and investment over recent years, driven by the surging demand for AI-powered hardware. This dynamic sector is now witnessing a…
Crypto Market Decline Erases $190 Million in Leveraged Positions Amid CPI Report Anticipation
On June 11, the cryptocurrency market witnessed significant declines, with Bitcoin and Ether leading the downturn. Bitcoin dropped 2.5% from its daily high of $69,547 to a low of $66,018.…
Hong Kong’s new hi-tech star: SmartMore.
In a significant endorsement of Hong Kong’s aspirations to become a leading technological hub, SmartMore, a smart manufacturing start-up founded by a Chinese University of Hong Kong professor in 2019,…
Samsung Unveils Initiative to Accelerate AI Chip Delivery
SEOUL/SAN JOSE – Samsung Electronics has announced a major advancement in its contract manufacturing business, aimed at expediting the production of AI chips. The South Korean tech giant revealed plans…