New House Bill Targets Chinese EV Makers and Their Connected Vehicles
Chinese electric vehicle (EV) manufacturers are facing a significant challenge in their bid to enter the U.S. market. A new bill introduced by U.S. Representative Elissa Slotkin aims to limit…
Survey Reveals Most Gamers Unfamiliar with Blockchain Gaming
Despite the growing buzz around blockchain games like Axie Infinity, Gods Unchained, Star Atlas, Decentraland, and The Sandbox within the blockchain community, their penetration into the mainstream gaming community remains…
India’s Agnikul launches 3D-printed rocket in sub-orbital test after delays
After two years of meticulous preparation and four delays due to technical glitches, Indian space startup Agnikul successfully launched its first sub-orbital test vehicle, powered by its unique 3D-printed rocket…
Binance France President Highlights TradFi Investment Surge Due to Bitcoin ETFs
The recent approval of spot Bitcoin exchange-traded funds (ETFs) in the United States has marked a significant shift in the landscape of traditional finance (TradFi), creating a robust channel for…
Didi Global Reports First Quarter Loss Amid Decline in Xpeng Income
BEIJING – Didi Global, China’s leading ride-hailing company, has announced a net loss for the first quarter of 2024, following two consecutive quarters of profitability. The company attributed the loss…
New Samsung Chip Division Head Commits to Overcoming AI Era Challenges
SEOUL, May 30 – Samsung Electronics has appointed Young Hyun Jun as the new head of its chip division, urging staff to unite in a collective effort to reclaim the…
Animoca Co-Founder Forecasts Crypto Market Value to Reach $200 Trillion in a Decade
In a recent episode of The Valr Podcast, Yat Siu, co-founder of the Hong Kong-based gaming software company and venture capital firm Animoca Brands, offered a highly optimistic projection for…
Microsoft Expands Copilot to Telegram
Microsoft has launched its AI-powered Copilot as an interactive chatbot on Telegram. This new feature, named Copilot for Telegram, is currently available in beta and operates seamlessly within the Telegram…
Singapore Advocates for Sustainable Data Centers Amid Rising AI Energy Demands
SINGAPORE — As the explosive demand for artificial intelligence (AI) strains energy resources, Singapore is pushing forward with a robust plan for green data centers. The city-state launched a comprehensive…
Sony emphasizes PlayStation user engagement amid declining hardware sales
In a recent strategy briefing, Sony highlighted the robust user engagement with its PlayStation 5 (PS5) gaming platform, despite a decline in console sales. As the gaming industry navigates a…
Tencent hits new success with ‘Dungeon and Fighter’ mobile game
Tencent Holdings‘ latest mobile game “Dungeon and Fighter: Origin” has swiftly become the top-selling app on Apple’s App Store in China, surpassing the company’s other flagship games. Launched on May…
Archer and Kakao Mobility to Launch Innovative Electric Air Taxis in South Korea by 2026
In a significant stride towards revolutionizing urban transportation, Archer Aviation has announced a strategic partnership with Kakao Mobility, a leading ride-hailing and parking company, to introduce electric air taxi flights…
Indonesia Investigates Lazada and Shopee for Potential Anti-Competitive Practices
The Indonesian Competition Commission (KPPU) has launched an investigation into the local operations of Shopee and Lazada, two leading e-commerce platforms, over concerns of potential monopolistic practices. In an official…
Memecoin Surge Displaces Cardano from Top 10 Cryptocurrency Rankings
The cryptocurrency market has recently witnessed an explosive rise in the popularity of memecoins, significantly altering the landscape of top crypto rankings. In a notable shift, Shiba Inu has overtaken…
Apple’s iPhone Shipments in China Surge by 52% Amid Strong Rebound
Apple Inc.’s iPhone witnessed a significant rebound in China last month, with shipments increasing by an impressive 52%, bolstered by a series of discounts from retail partners. This resurgence in…
Semi CEO says India Requires Diverse Suppliers for Chip Industry Success
India must attract a more diverse array of semiconductor suppliers to develop a robust chip industry, according to Ajit Manocha, President and CEO of the influential trade association Semi. During…
Apple triumphs in China’s legal battle over App Store fees.
A Chinese court has dismissed a case filed by a local consumer against Apple Inc’s commission fees for purchases via its App Store, offering the US technology giant some relief…
Microsoft and Beihang Unveil MoRA: Efficient LLM Fine-Tuning
In a groundbreaking development, researchers from Microsoft and Beihang University have unveiled a new technique for fine-tuning large language models (LLMs) that significantly reduces the cost traditionally associated with this…
Google to Invest $2 Billion in Data Center and Cloud Region in Malaysia
KUALA LUMPUR (May 30) – The Ministry of Investment, Trade and Industry (Miti) has announced that Google has committed to a US$2 billion (RM9.4 billion) investment to establish the first…
How PDD, Temu’s Parent, Surpassed Alibaba as China’s Top E-Commerce Giant
PDD Holdings‘ value-for-money strategy and the rapid growth of its Temu marketplace have propelled the tech giant to the forefront of China’s e-commerce market, making it the most valuable company…