Industry Experts Predict 2025 as a Favorable Year for Cryptocurrency Policy
After facing significant regulatory challenges over the past few years, the cryptocurrency industry is poised for a potentially favorable turn in 2025. This optimism is largely due to recent positive…
Binance Executive Absent from Court Due to Nigerian Correctional Service Oversight
The Nigerian Federal Inland Revenue Service (FIRS) has encountered complications in its legal case against Binance executive Tigran Gambaryan, who was expected in court on tax evasion charges. The proceedings…
Siemens says Malaysia is well positioned to meet rising semiconductor market demand
KUALA LUMPUR: Malaysia is poised to capitalize on the burgeoning demand in the semiconductor market, according to Siemens Malaysia Sdn Bhd, a leading engineering consultancy. The company’s president and chief…
Canva Launches New Enterprise Product for Large Organizations
Canva has officially launched a new enterprise version of its design platform, specifically tailored to meet the complex requirements of large organizations. This announcement marks a significant evolution from their…
Sources report Nvidia reduces China prices amid Huawei chip battle
SINGAPORE – Nvidia’s most advanced AI chip developed for the China market has started off weakly, with an abundant supply forcing it to be priced below a rival chip from…
Bybit CEO Denies Insolvency Rumors, Provides Proof of Reserves
Ben Zhou, the CEO of cryptocurrency exchange Bybit, recently addressed and refuted circulating rumors about the platform’s financial health. Speculation had grown on social media platforms, notably on X, suggesting…
China’s Lenovo Continues Revenue Growth Streak, Surpassing Expectations
China’s Lenovo Group reported a 9% increase in fourth-quarter revenue, reaching $13.8 billion, as the world’s largest personal computer (PC) manufacturer emerges from the COVID-19-induced demand slump. The revenue for…
China’s Xiaohongshu App Targets Wealthy Female Gen Z Users
Teresa Cheung, a 60-year-old actress from Hong Kong, captivated her nearly 1.8 million followers on Xiaohongshu with a seven-hour livestream. Demonstrating a palette of eyeshadow, she showcased a dark berry-colored…
Sony prioritizes creativity in better games, movies, music, sensors, and IP over gadgets.
Tokyo, Japan: Japanese electronics and entertainment company Sony has announced a strategic pivot towards fostering creativity in movies, animation, and video games, moving away from its historical emphasis on consumer…
Samsung’s HBM chips fail Nvidia tests due to heat and power issues, sources say
SEOUL/SINGAPORE – Samsung Electronics’ latest high bandwidth memory (HBM) chips have yet to pass Nvidia’s tests for use in the U.S. firm’s AI processors due to heat and power consumption…
SingTel’s annual profit plunges by over 50% due to a US$2.3 billion impairment charge
Singapore Telecommunications (SingTel) reported a significant 64% drop in its full-year net profit for the fiscal year ending 2023, primarily due to a substantial impairment charge of S$3.1 billion (RM10.8…
iFixit is sadly ending its partnership with Samsung
iFixit and Samsung have ended their partnership, marking the conclusion of a collaboration that began two years ago. This move comes after the two companies failed to renegotiate their contract.…
South Korea allocates a record US$19 billion for chipmaking development
In a significant move to strengthen its semiconductor industry, South Korea has introduced a $19 billion package of incentives aimed at bolstering its chip sector. This initiative is set to…
Hong Kong Privacy Commissioner Orders Worldcoin to Cease Operations Over Privacy Violations
The Office of the Privacy Commissioner for Personal Data (PCPD) in Hong Kong recently concluded an extensive investigation into the Worldcoin project. Initiated in January 2024, this inquiry scrutinized the…
Oyo, previously valued at a whopping $10 billion, postpones IPO plans for the second time.
Oyo, the once high-flying Indian budget hotel chain, has withdrawn its Initial Public Offering (IPO) application from the Securities and Exchange Board of India (SEBI) for the second time, delivering…
Newgen collaborates with ASEAN Business Partners to broaden its presence in Southeast Asia
Newgen Software has announced a strategic partnership with ASEAN Business Partners (ABP), marking a significant step towards enhancing the digital banking landscape across Southeast Asia. This collaboration focuses on deploying…
PEPE Hits New Record as Ethereum Prices Climb on Anticipated ETF Approvals
The Ethereum-based memecoin, PEPE, has achieved a remarkable 27% increase, reaching a new all-time high in the last 24 hours. This surge is largely attributed to the speculative anticipation surrounding…
Disney reaches agreement to sell stake in Tata Play, reports Bloomberg News
In a significant move, Walt Disney has agreed to sell its stake in Tata Play, the satellite TV provider owned by India’s Tata Group. This deal values Tata Play at…
Gala Games Attacker Returns $22M in Ether Following GALA Token Breach
Gala Games, a prominent player in the blockchain gaming sector, recently confronted a severe security breach where an attacker unauthorizedly minted $200 million worth of GALA tokens. This incident unfolded…
Governments and Tech Companies Pledge Collaboration to Address AI Risks at Seoul Summit
SEOUL: More than a dozen countries and some of the world’s biggest tech firms pledged on Wednesday to cooperate against the potential dangers of artificial intelligence (AI), including its ability…