China Responds to Dutch Move to Tighten ASML Export Rules
China has expressed dissatisfaction with the Dutch government’s recent decision to expand export controls on chipmaking equipment from ASML, a leading global supplier. The Dutch government announced on Friday that…
Honor aims to surpass Apple in China with new AI assistant
Honor is aiming to outpace competitors like Apple in China with the launch of its own AI-powered assistant, Yoyo, the company announced on Friday. The assistant, renamed Honor AI Agent…
Tencent Cloud to Expand Palm Verification Technology Globally
Tencent Cloud, a subsidiary of Tencent Holdings Ltd, is set to introduce its advanced palm verification technology to the global market. This system, which has seen widespread use in China…
Fintech Drip Capital Raises $113 Million to Support SMB Growth
Drip Capital, a Palo Alto-based fintech company that provides working capital to small and medium-sized businesses (SMBs), has secured $113 million in funding to further expand its operations. This latest…
Global Downtrend: Over 600 Bitcoin ATMs Decommissioned in Recent Months
In the first two quarters of Q3 2024, the global network of Bitcoin ATMs saw a significant reduction, with more than 600 units going offline. This trend, particularly pronounced in…
Qualcomm, Google, and Samsung Join Forces for Mixed-Reality Smart Glasses
Qualcomm CEO Cristiano Amon revealed that the company is working with Samsung and Google to develop mixed-reality smart glasses connected to smartphones. This marks a distinct approach compared to Apple,…
BYD Aims to Overcome Challenges in Japan’s EV Market
BYD, China’s largest electric vehicle (EV) manufacturer, faces challenges in its bid to expand into the Japanese market, despite efforts to boost sales through aggressive marketing and customer incentives. The…
South Korea Intensifies Inspections of Crypto Exchanges for Suspicious Activities
South Korea’s financial regulator, the Financial Supervisory Service (FSS), is set to initiate a comprehensive inspection of virtual asset exchanges to detect and deter suspicious or illegal transactions. This move…
Monochrome Asset Management Poised for Success with Australia’s First Direct Ether ETF Filing
Jeff Yew, CEO of Monochrome Asset Management, expressed confidence in the appeal of the Ether ETF to potential investors, particularly highlighting the ETF’s in-kind subscription model. This model allows investors…
Alibaba Expands Payment Options by Adding Tencent’s WeChat Pay
Alibaba has announced that its Taobao and Tmall e-commerce platforms will soon allow users to make payments through Tencent’s WeChat Pay, marking the first time such an option has been…
FBI Issues Alert on North Korean Social Engineering Tactics to Steal Cryptocurrency
The United States Federal Bureau of Investigation (FBI) has recently highlighted an ongoing threat posed by North Korean cyber actors who are targeting employees of digital asset firms, particularly those…
US Officials Call for Probe Into Shein and Temu’s Sale of Hazardous Baby Items
US safety regulators are pressing for an in-depth investigation into the safety practices of popular e-commerce platforms Shein and Temu, with specific concerns about the sale of hazardous baby and…
China Boosts Chipmaking Capacity with Record-Breaking Investments
China is significantly increasing its spending on chipmaking machines, surpassing all other nations, as it invests heavily to bolster its local manufacturing industry amidst US-backed sanctions. A recent report by…
Sony Shuts Down Concord After Just Two Weeks on the Market
Sony is shutting down its newly launched online shooter, Concord, just two weeks after its release due to low sales and lukewarm player interest. Starting Tuesday, customers who purchased the…
Canva Raises Teams Prices by Over 300 Percent, Citing AI Enhancements
Canva is raising prices for its Teams subscription, with some users facing increases of over 300%, due to the company’s expanded use of generative AI tools. Specific price changes include:…
BigEndian Founders Aim to Boost India’s Semiconductor Industry
BigEndian Semiconductors, a fabless design startup based in Bengaluru, is leveraging its founders’ extensive chip industry experience to boost India’s position in the global semiconductor market. The company, established in…
Japan’s Chip Restrictions Could Spark Economic Backlash from China
China has issued a stern warning to Japan about potential economic retaliation if Tokyo proceeds with further restrictions on the sales and servicing of chipmaking equipment to Chinese companies, as…
Investigation Launched by South Korea into Telegram’s Role in Deepfake Distribution
South Korean police have initiated an investigation into Telegram to determine whether the encrypted messaging app has played a role in the distribution of sexually explicit deepfake content, as reported…
Metaplanet Partners with SBI for Bitcoin Trading and Custody Initiatives
Metaplanet, a prominent Bitcoin investor in Japan, often compared to “Japanese MicroStrategy,” has announced a strategic partnership with SBI VC Trade, a crypto investment arm of SBI Group, which is…
OKX Secures Comprehensive Crypto License in Singapore
Crypto exchange OKX has officially received a full operational license in Singapore, marking a significant expansion of its capabilities to facilitate cryptocurrency trading and cross-border financial services. This development coincides…