China’s BYD Surges Ahead of Ford and Honda in Global Vehicle Sales
BYD, China’s leading electric vehicle (EV) manufacturer, is poised to exceed its 2024 sales goal, signaling another year of significant growth. The company is set to release November sales figures…
Ant Group President Cyril Han to Become CEO in March
Cyril Han, the current president and financial chief of China’s Ant Group, will step into the role of CEO starting March 1, 2025, according to an internal memo reviewed by…
US House to Vote on $3 Billion Plan to Remove Chinese Telecom Equipment
The U.S. House of Representatives plans to vote next week on a defense bill allocating over $3 billion to remove Huawei and ZTE equipment from American telecom networks. This funding…
TSMC Discusses Arizona AI Chip Production Deal with Nvidia
Taiwan Semiconductor Manufacturing Co. (TSMC) is reportedly in discussions with Nvidia Corp. to produce its Blackwell artificial intelligence chips at TSMC’s upcoming plant in Arizona, according to three sources familiar…
Nvidia partners with Vietnam to build AI research and data centers
Nvidia has entered a new collaboration with the Vietnamese government to establish an artificial intelligence research and development center and a data center in Vietnam. The agreement, signed on Thursday…
Apple Plans $1 Billion Manufacturing Facility in Indonesia
Apple is planning a $1 billion investment in a manufacturing facility in Indonesia, according to the country’s investment minister, Rosan Roeslani. The plant is expected to produce components for smartphones…
Apple and Baidu hit roadblocks in AI adaptation for China
Apple and Baidu are collaborating to integrate advanced AI features into iPhones sold in China, but technical and policy hurdles may complicate their efforts. The Information reported that the companies…
Bybit Excludes Yuan Trading but Facilitates Access for Chinese Users via VPN
Ben Zhou, CEO of Bybit, has confirmed that the cryptocurrency exchange will not be supporting yuan trading in the foreseeable future. In a media briefing on December 3, Zhou emphasized…
U.S. Senators React to Chinese Hacking Campaign Targeting Telecoms
U.S. senators are ramping up their efforts to address a growing cybersecurity threat following a classified briefing on the Chinese hacking campaign, Salt Typhoon. The briefing, held Wednesday, provided alarming…
South Korean Martial Law Spurs Record Crypto Trading Volume of $34 Billion
In the wake of South Korea’s brief implementation of martial law, the nation’s major cryptocurrency exchanges experienced an unprecedented surge in trading volume. Over a 24-hour period, the combined spot…
Intel Seeks CEO with Foundry Expertise Following Gelsinger’s Resignation
Intel’s search for a new CEO is focused on candidates with strong manufacturing backgrounds, particularly in foundry operations, interim co-CEO David Zinsner revealed at the UBS Technology Conference on Wednesday.…
Temu Ordered to Halt Operations in Vietnam Over Registration Failure
Chinese e-commerce platform Temu has been ordered to suspend its operations in Vietnam after missing a key registration deadline, according to reports from Vietnamese state media. The decision follows the…
Chinese Hackers Steal Metadata in Major Cybersecurity Breach
A Chinese hacking group, known as “Salt Typhoon,” has stolen a significant amount of Americans’ metadata in an ongoing cyberespionage campaign, a senior U.S. official revealed on Wednesday. The hackers…
Trade Tensions Deepen as China Questions Safety of U.S. Semiconductors
Chinese companies have been advised to reconsider purchasing U.S. semiconductor products, with top industry associations declaring on Tuesday that American chips are “no longer safe.” The coordinated statements, issued by…
US Urges Stronger Encryption Amid Chinese Telecom Hacking Allegations
A senior U.S. cybersecurity official has issued a clear recommendation to Americans: embrace encryption to secure their communications. Jeff Greene, Executive Assistant Director for Cybersecurity at the Cybersecurity and Infrastructure…
South Korea’s Retail Crypto Trading Volume Surpasses $18 Billion, Outstripping Local Stock Market
In a remarkable display of investor engagement, retail trading volumes for cryptocurrency assets in South Korea have soared to $18 billion over the last 24 hours, surpassing the country’s stock…
China Tightens Grip on Critical Minerals Amid US Trade Dispute
China escalated trade tensions with the United States on Tuesday by banning the export of gallium, germanium, and antimony—critical minerals with significant military and technological applications. The move, effective immediately,…
Netflix Japan Hits 10 Million Subscribers with Local Shows Driving Growth
Netflix has achieved a major milestone in Japan, surpassing 10 million subscribers in the first half of this year. The streaming giant attributes this growth to its investment in Japanese-language…
US Escalates Crackdown on China’s Chip Industry with Export Restrictions
The United States on Monday announced a comprehensive set of restrictions targeting China’s semiconductor industry. The measures, introduced by the Commerce Department, aim to curb China’s advancements in chipmaking and…
Uber launches Shikara boat rides on Dal Lake
Uber has launched a new boat-hailing service in India, offering tourists the chance to ride the iconic Shikara boats on Dal Lake in Kashmir. These brightly colored wooden boats, adorned…