Ethereum Re-Staking Exploit Victim Recovers $7M in Stolen Funds
A significant security breach involving a sophisticated phishing attack resulted in the loss of $6.91 million in liquid staked Ether. The victim, who suffered this considerable financial loss on May…
Modi Ensures Every Indian Recognizes the Source of Free Food Provisions
In Amethi, a small town nestled in the Indian state of Uttar Pradesh, the political landscape is witnessing a unique integration of technology and welfare policies, spearheaded by Prime Minister…
Zypp Electric, an Indian EV startup, obtains funding from ENEOS for Southeast Asia expansion
Indian startup Zypp Electric is set to extend its electric vehicle (EV) rental services to Southeast Asia early next year, leveraging a significant investment from Japanese oil and energy conglomerate…
Hyundai Advances EV Initiatives Amidst Sales Decline
Despite a noticeable slowdown in the electric vehicle (EV) market, Hyundai remains steadfast in its commitment to electrification. Randy Parker, the CEO of Hyundai Motor America, has announced that the…
LG Expands Global HVAC Market Reach with Efficient Chillers
LG Electronics is marking a significant growth trajectory in its Business-to-Business (B2B) sector, particularly in the Heating, Ventilation, and Air Conditioning (HVAC) segment. The company reports a robust nearly 40%…
Google Announces First Subsea Cable Linking Africa to Australia
Google has announced a groundbreaking project to construct “Umoja,” the first subsea fiber-optic cable designed to connect the continents of Africa and Australia directly. This initiative emerges as part of…
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…