Uber Aims to Boost Market Share in South Korea with New Strategy
Uber Technologies Inc.‘s CEO, Dara Khosrowshahi, reaffirmed the company’s commitment to expanding its presence in South Korea, despite facing stiff competition from local tech giant Kakao. Speaking to reporters in…
China’s Robotaxi Expansion Raises Job Security Concerns
China’s aggressive push for robotaxi technology has sparked concerns over job security among drivers, while experts suggest the rise of autonomous vehicles is also creating new employment opportunities. Recent developments…
China Invests $6.1 Billion in Nationwide Data Center Initiative
China has invested over 43.5 billion yuan ($6.12 billion) in a nationwide project to construct computing data centers, a senior government official revealed on Thursday. This announcement comes amid escalating…
Nvidia Earnings Spark Decline in Asia’s Semiconductor Sector
Tech and chip-related stocks across Asia saw declines on Thursday, following Nvidia’s release of its second-quarter results. The drop extended across key markets in the region, with companies directly linked…
Indonesia Weighs Telegram Ban Over Insufficient Content Moderation
Recent developments in Indonesia have raised concerns about the future of Telegram within the country. Indonesia, recognized as one of the largest global markets for Telegram, is reportedly considering a…
Crypto.com Teams Up with Standard Chartered to Offer Expanded Global Fiat Services
Crypto.com, a leading cryptocurrency exchange headquartered in Singapore, has unveiled a significant expansion of its global retail services through a strategic partnership with Standard Chartered Bank. This collaboration introduces new…
HashKey Introduces Avalanche and Chainlink Trading for Retail Investors in Hong Kong
Retail cryptocurrency investors in Hong Kong are now privy to a broader range of investment opportunities following HashKey’s recent approval to list Avalanche (AVAX) and Chainlink (LINK) on its trading…
Apple Expands Indian Market Reach with New Airtel Streaming Deal
Apple is partnering with India’s Bharti Airtel to offer its music and video streaming services for free to Airtel’s premium customers. This collaboration provides Apple access to thousands of potential…
SK Hynix Introduces New DRAM Chip to Boost Power Efficiency
SK Hynix, the world’s second-largest memory chip maker, announced on Thursday the development of its first sixth-generation 10-nanometre dynamic random access memory (DRAM) chip, designed to use less power than…
Okto Wallet from CoinDCX Gains Operational License in UAE’s Ras Al Khaimah Digital Assets Oasis
Okto, the self-custodial wallet developed by the Indian cryptocurrency exchange CoinDCX, has successfully obtained an operational license from the Ras Al Khaimah Digital Assets Oasis (RAK DAO) in the United…
Robotics Breakthrough as Unitree Launches G1 Humanoid Robot for Homes
Unitree Robotics has launched the G1, a new humanoid robot priced at $16,000, aiming to make advanced robotics more accessible for household use. Known for offering affordable alternatives to high-cost…
China’s BYD Targets Nearly Half of Sales from Overseas Markets
BYD Co, China’s leading automaker, is positioning itself to have nearly half of its future sales coming from international markets. This strategy highlights the company’s intent to establish global production…
New Zealand Introduces Tax Bill Featuring OECD Crypto Reporting Standards
The New Zealand government is taking significant steps to enhance transparency in cryptocurrency transactions with a new legislative proposal. Simon Watts, the Minister of Revenue, introduced the Taxation (Annual Rates…
PlayStation 5 Price Hike Announced by Sony in Japan
Sony has announced a 19% price increase for its PlayStation 5 console in Japan, citing challenges related to the global economic environment. Starting September 2, the PS5 will retail at…
Mexico Becomes Hotspot for Chinese Cars Sparking U.S. Fears
Chinese electric vehicle (EV) makers have found a burgeoning market in Mexico, turning the country into a key destination for their high-tech cars amid U.S. trade restrictions. This shift has…
Samsung SDI, GM Agree on $3.5 Billion EV Battery Facility in US
Samsung SDI, a South Korean battery maker, has finalized an agreement with General Motors (GM) to build a joint electric vehicle (EV) battery factory in Indiana, USA. The two companies…
India Achieves 5 Million Users in Central Bank Digital Currency Initiative
India is progressively advancing its exploration of a central bank digital currency (CBDC), achieving significant milestones without rushing the process, according to Shri Shaktikanta Das, the Governor of the Reserve…
Huawei’s Autonomous Driving System to Power BYD’s New Off-Road Electric SUVs
Chinese electric vehicle manufacturer BYD has reached an agreement with Huawei to incorporate Huawei’s advanced autonomous driving technology into its off-road Fangchengbao electric vehicle lineup. According to a statement from…
India’s AI Startups Introduce Affordable Voice Bots Nationwide
Executives from Alphabet Inc.’s Google DeepMind, Microsoft Corp, and Meta Platforms Inc recently gathered in Bangalore with tech founders to witness Sarvam AI, one of India’s leading AI startups, introduce…
Thai Authorities Crack Down on Illegal Bitcoin Mining Operation Linked to Power Outages
Authorities in Thailand have taken decisive action against an illegal Bitcoin mining operation in Ratchaburi, a town located west of Bangkok. This raid, conducted on August 23, follows numerous complaints…