Hon Hai to Build Advanced Computing Center on NVIDIA’s Blackwell Platform
Kaohsiung, Taiwan – Hon Hai Technology Group, widely recognized as Foxconn, is poised to dramatically expand its technological horizons with the introduction of a new advanced computing center in Kaohsiung,…
Centralized Crypto Exchange Trading Volume Drops to $5.2 Trillion in May
According to the latest report by CCData, May 2024 saw a significant decline in both spot and derivatives trading volumes in the cryptocurrency market. The combined trading volume on centralized…
Tether CEO Warns of New Wave of Crypto Airdrop Scam Emails; CoinGecko Potentially Affected
Cryptocurrency users should exercise extreme caution, as a prominent industry leader has warned of a potential new wave of crypto airdrop scam emails. Paolo Ardoino, the CEO of Tether, revealed…
MediaTek Enhances AI Capabilities with Latest Chipsets Unveiled at Computex 2024
On June 1, MediaTek celebrated its 27th anniversary at Computex 2024, a significant milestone that was not just a celebratory event but also a platform to unveil its bold new…
Amazon Acquires Indian Video Streaming Platform MX Player
In a significant move to expand its influence in India, Amazon has secured a deal to acquire key assets of the video streaming service MX Player from Times Internet, a…
AI hardware firm Nvidia reveals next-generation products at Taiwan tech expo
Nvidia has unveiled groundbreaking products and plans to accelerate the advance of artificial intelligence (AI), marking the beginning of what CEO Jensen Huang calls “the next Industrial Revolution.” Speaking to…
According to KPMG, Seamless Retail Establishes New Benchmarks in the Asia Pacific
KPMG‘s latest study, titled ‘Navigating the Future of Seamless Commerce in Asia Pacific,’ provides a comprehensive analysis of the retail sector’s ongoing transformation across the region. This transformation is predominantly…
Malaysia Embraces Future with Siemens’ New Semiconductor Strategy
In a significant move towards establishing Malaysia as a global semiconductor leader, Prime Minister Anwar Ibrahim recently announced the National Semiconductor Strategy (NSS) at Semicon SEA 2024. The strategy, backed…
Japanese Crypto Exchange Secures $320M to Compensate Users After Major Hack
DMM Bitcoin, a Japanese cryptocurrency exchange recently hacked for $320 million worth of Bitcoin, has announced plans to raise 50 billion yen ($320 million) to compensate users for their losses.…
Bitcoin ‘Coiling’ Up for a Significant Move as It Hovers Around $71K
Bitcoin may soon find itself at a critical price crossroads. Its average price across three different time frames has now fallen within a tight cluster, signaling a potential breakout. Indicators…
China Approves First Public Trials for Advanced Autonomous Driving
In a significant move to advance autonomous vehicle technology, China has granted approval to a select group of nine automakers to conduct tests on vehicles equipped with advanced autonomous driving…
Indonesia Creates Digital Tracker for Sustainable Agriculture
JAKARTA (June 5): Indonesia plans to set up a digital dashboard by August to track its agricultural commodities, the Ministry of Economic Affairs announced on Wednesday. As the world’s largest…
Chinese solar firms halt Southeast Asia operations, including Malaysia, due to U.S. restrictions.
Chinese solar firms are halting production at Southeast Asian factories due to increased US trade barriers creating uncertainty for exports from the region. The latest developments reflect the growing tension…
Chinese Scientists Reorient Satellite Network to Detect Killer Asteroids
In an unprecedented mission, a Chinese Jilin-1 satellite averted a potential asteroid disaster by accurately tracking the trajectory of asteroid 1994 PC1. The asteroid, as large as San Francisco’s Golden…
Japanese Billionaire Cancels Private ‘dearMoon’ Lunar Starship Mission
The ambitious dearMoon project, commissioned by Japanese billionaire Yusaku Maezawa for a private mission around the moon on a SpaceX Starship rocket, has been abruptly canceled. The decision was made…
Temasek and Fidelity invest $200M in Lenskart, valuing it at $5B.
Temasek and Fidelity have purchased shares worth $200 million in the Indian eyewear retailer Lenskart, according to a statement by the startup’s financial adviser, Avendus. This substantial investment further solidifies…
Nvidia Partners with Taiwan’s Electronics Makers to Advance Digital Twin Strategy
Taiwanese electronics manufacturers are adopting Nvidia’s industrial digitalization technology, known as digital twins, to transform their factories into more autonomous facilities. This technology combines Nvidia Metropolis vision AI, Nvidia Omniverse…
Hackers Use Chrome Extension to Extract Millions from Binance Users
A recent cybersecurity incident involving a deceptive Google Chrome plugin named Aggr has led to significant financial losses for a Chinese trader and potentially others. This plugin, masquerading as a…
Australia Launches Its First Direct Bitcoin Holding Spot ETF
Australia is poised to debut its first spot Bitcoin exchange-traded fund (ETF) that holds the cryptocurrency directly. This development represents a significant advancement in the Australian financial landscape, offering investors…
Bitcoin Sees Yearly Peak in Transaction Value with $25 Billion Transferred
On May 28, the Bitcoin network witnessed a significant surge in transaction value, reaching over $25 billion, marking the highest dollar value recorded in the past year. This peak reflects…