Rapidus and Denso team up to boost Japan’s chip design
Japanese companies Rapidus and Denso will share chip design methods for advanced technologies, including artificial intelligence and autonomous vehicles, according to a report from Nikkei on Saturday. The collaboration marks…
Ambani’s Reliance pushes back on India’s satellite spectrum allocation
Indian billionaire Mukesh Ambani’s Reliance has raised objections to India’s telecom regulator, claiming the decision to allocate satellite broadband spectrum without an auction is flawed, according to a letter obtained…
Strong AI Chip Sales Push TSMC to Record Q3 Profit
Taiwan Semiconductor Manufacturing Co. (TSMC) is expected to post a 40% jump in third-quarter profit, driven by strong demand for its advanced chips used in artificial intelligence (AI) applications. The…
Over 700 ByteDance employees laid off in Malaysia as AI takes center stage
ByteDance, the Chinese parent company of TikTok, has laid off over 700 workers from its Malaysian unit as it pivots towards a more AI-driven approach to content moderation, according to…
South Korea Permits Division of Cryptocurrency Holdings in Divorce Settlements
Married couples in South Korea can now legally divide their cryptocurrency holdings during divorce proceedings, according to IPG Legal, a law firm specializing in the country’s legal system. This development…
Thai SEC Proposes Inclusion of Crypto Products in Mutual and Private Funds
Thailand’s Securities and Exchange Commission (SEC) has made a significant move to accommodate the increasing interest in cryptocurrency investments from institutional investors. On October 9, the finance regulator proposed allowing…
ByteDance introduces Ola Friend earbuds exclusively in China
ByteDance, the parent company of TikTok, has launched its first set of earbuds, marking a deeper move into hardware. Priced at $170, the new Ola Friend earbuds are only available…
Canva Reverses Price Hike After Customer Backlash
Canva has reversed its decision to raise prices by up to 300% for long-term customers, responding to backlash from small businesses and other users. Initially, the Sydney-based design software company,…
Spotify introduces free streaming in South Korea
Spotify, the global audio streaming platform, announced on Thursday that it has introduced a free music and podcasts option in South Korea. This move aims to expand its audience base…
Taiwan Set to Pilot Crypto Custody Services via Local Banks by 2025
In a significant development for the financial technology landscape, Taiwan is gearing up to foster institutional adoption of cryptocurrencies through a new initiative involving local banks. The Financial Supervisory Commission…
Bitcoin Drops to $59K as Altcoins Struggle with Regulatory Hurdles
Bitcoin has fallen below the $60,000 mark for the first time since September 18, leading market participants to speculate about the possibility of further declines. As of October 10, Bitcoin’s…
Nintendo Seeks 10,000 Testers for New Switch Online Feature
Nintendo has launched a search for 10,000 testers, offering them first access to a mysterious new Switch Online feature. While the announcement provides few details and offers no concrete hints…
Singapore sets April 2025 deadline for digital bunker notes rollout
Singapore’s marine fuel suppliers will be required to provide digital bunkering services and issue electronic bunker delivery notes starting April 1, 2025. Amy Khor, Singapore’s senior minister of state for…
TSMC reports third-quarter revenue surge, outpaces predictions
Taiwan Semiconductor Manufacturing Co (TSMC), the world’s largest contract chipmaker, announced its third-quarter revenue on Wednesday, exceeding both market expectations and its own forecasts. The company, driven by strong demand…
MediaTek Launches Flagship Chipset Ready for AI and Tri-Fold Phones
MediaTek has officially revealed its latest flagship mobile chipset, the Dimensity 9400, designed with future-forward features alongside standard performance upgrades. Built on a 3nm process, the chipset promises up to…
Hailuo AI Launches New Tool to Convert Images into Dynamic Videos
Hailuo AI, developed by Chinese startup MiniMax, has officially introduced its Image-to-Video (img2video) feature, offering creators a new way to transform static images into dynamic video content. This launch positions…
South Korea and Singapore to Strengthen Ties with Strategic Partnership
South Korea and Singapore have agreed to establish a strategic partnership next year, as announced by Singapore’s Prime Minister Lawrence Wong during a joint press conference with South Korean President…
Hong Kong Plans to Increase Licensing for Crypto Exchanges by Year-End
Hong Kong’s financial regulator, the Securities and Futures Commission (SFC), has announced its intention to issue additional licenses to cryptocurrency exchanges and digital asset firms operating within the region by…
Crypto Adoption on Track to Hit 8% by 2025
Global cryptocurrency adoption is nearing a significant milestone, with 7.51% of the world’s population currently utilizing digital currencies, according to a recent report by MatrixPort. This trend indicates a shift…
China urges US to lift sanctions on semiconductor and vehicle firms
China’s Commerce Minister, Wang Wentao, expressed “serious concerns” on Tuesday in a call with U.S. Secretary of Commerce Gina Raimondo regarding U.S. semiconductor policies and restrictions on Chinese connected vehicles.…