Qualcomm, Google, and Samsung Join Forces for Mixed-Reality Smart Glasses
Qualcomm CEO Cristiano Amon revealed that the company is working with Samsung and Google to develop mixed-reality smart glasses connected to smartphones. This marks a distinct approach compared to Apple,…
BYD Aims to Overcome Challenges in Japan’s EV Market
BYD, China’s largest electric vehicle (EV) manufacturer, faces challenges in its bid to expand into the Japanese market, despite efforts to boost sales through aggressive marketing and customer incentives. The…
South Korea Intensifies Inspections of Crypto Exchanges for Suspicious Activities
South Korea’s financial regulator, the Financial Supervisory Service (FSS), is set to initiate a comprehensive inspection of virtual asset exchanges to detect and deter suspicious or illegal transactions. This move…
Monochrome Asset Management Poised for Success with Australia’s First Direct Ether ETF Filing
Jeff Yew, CEO of Monochrome Asset Management, expressed confidence in the appeal of the Ether ETF to potential investors, particularly highlighting the ETF’s in-kind subscription model. This model allows investors…
Alibaba Expands Payment Options by Adding Tencent’s WeChat Pay
Alibaba has announced that its Taobao and Tmall e-commerce platforms will soon allow users to make payments through Tencent’s WeChat Pay, marking the first time such an option has been…
FBI Issues Alert on North Korean Social Engineering Tactics to Steal Cryptocurrency
The United States Federal Bureau of Investigation (FBI) has recently highlighted an ongoing threat posed by North Korean cyber actors who are targeting employees of digital asset firms, particularly those…
US Officials Call for Probe Into Shein and Temu’s Sale of Hazardous Baby Items
US safety regulators are pressing for an in-depth investigation into the safety practices of popular e-commerce platforms Shein and Temu, with specific concerns about the sale of hazardous baby and…
China Boosts Chipmaking Capacity with Record-Breaking Investments
China is significantly increasing its spending on chipmaking machines, surpassing all other nations, as it invests heavily to bolster its local manufacturing industry amidst US-backed sanctions. A recent report by…
Sony Shuts Down Concord After Just Two Weeks on the Market
Sony is shutting down its newly launched online shooter, Concord, just two weeks after its release due to low sales and lukewarm player interest. Starting Tuesday, customers who purchased the…
Canva Raises Teams Prices by Over 300 Percent, Citing AI Enhancements
Canva is raising prices for its Teams subscription, with some users facing increases of over 300%, due to the company’s expanded use of generative AI tools. Specific price changes include:…
BigEndian Founders Aim to Boost India’s Semiconductor Industry
BigEndian Semiconductors, a fabless design startup based in Bengaluru, is leveraging its founders’ extensive chip industry experience to boost India’s position in the global semiconductor market. The company, established in…
Japan’s Chip Restrictions Could Spark Economic Backlash from China
China has issued a stern warning to Japan about potential economic retaliation if Tokyo proceeds with further restrictions on the sales and servicing of chipmaking equipment to Chinese companies, as…
Investigation Launched by South Korea into Telegram’s Role in Deepfake Distribution
South Korean police have initiated an investigation into Telegram to determine whether the encrypted messaging app has played a role in the distribution of sexually explicit deepfake content, as reported…
Metaplanet Partners with SBI for Bitcoin Trading and Custody Initiatives
Metaplanet, a prominent Bitcoin investor in Japan, often compared to “Japanese MicroStrategy,” has announced a strategic partnership with SBI VC Trade, a crypto investment arm of SBI Group, which is…
OKX Secures Comprehensive Crypto License in Singapore
Crypto exchange OKX has officially received a full operational license in Singapore, marking a significant expansion of its capabilities to facilitate cryptocurrency trading and cross-border financial services. This development coincides…
ByteDance Taps Citigroup, Goldman Sachs, and JPMorgan for Massive Loan
ByteDance, the parent company of TikTok, is reportedly securing a $9.5 billion loan from banks, marking the largest dollar-denominated corporate loan in Asia outside of Japan. According to sources familiar…
Huawei to Launch New Product Hours After Apple’s iPhone 16 Unveiling
Huawei is set to challenge Apple with a product launch event scheduled just hours after the expected unveiling of the iPhone 16. The Chinese tech giant announced on Monday that…
Singapore Retailers Embrace AI but Worry About Losing Personal Touch
Singapore retailers are increasingly adopting artificial intelligence (AI) to enhance customer engagement and streamline operations, but concerns remain over the potential loss of a personal touch in shopping experiences. A…
Validus Secures $50M Debt Financing from HSBC to Support Indonesian SMEs
Validus, a digital lending platform for small and medium enterprises (SMEs) based in Singapore, has secured $50 million in debt financing from HSBC under the ASEAN Growth Fund strategy. The…
Netherlands considers ASML’s interests in potential China export rules
The Dutch government is considering the economic interests of ASML when evaluating potential restrictions on the export of its computer chip-making equipment to China, according to Dutch Prime Minister Dick…