Japan’s first new banknotes in 20 years use holograms to prevent counterfeiting.
Japan has launched its first new banknotes in 20 years, featuring innovative three-dimensional portraits of prominent figures in financial and female education institutions. This initiative aims to enhance security and…
Historical Trends Suggest Potential Bitcoin Recovery in July
Despite experiencing a 7% decline in June, Bitcoin may be poised for a strong rebound in July, continuing a pattern observed in previous years. Historical data from Coinglass, which has…
China’s top EV makers, Li Auto, Xpeng, and Nio, achieve strong sales despite discounts.
China’s top three premium electric vehicle (EV) manufacturers, Li Auto, Xpeng, and Nio, have demonstrated strategic business acumen. Despite the necessity for discounts and incentives, these companies have achieved significant…
China’s AI firms are rationing services due to a chip shortage.
China’s chip industry has made significant strides in developing advanced semiconductors capable of powering 5G smartphones. However, it has yet to achieve the capability to produce chips powerful enough to…
Microsoft consolidates its retail channels in China
SHANGHAI – In response to recent media reports, Microsoft announced its decision to consolidate its retail channels in mainland China. This strategic move reflects the company’s ongoing assessment of its…
Zhihu launches an AI-driven feature to enhance user engagement.
Beijing, China – Zhihu, often referred to as China’s Quora, has distinguished itself with the launch of an innovative AI feature. This generative AI, introduced on a recent Saturday, automatically…
Philippines Implements Tether’s USDT for Social Security Contributions
In a groundbreaking move, Tether, the world’s largest stablecoin issuer, has collaborated with the Philippines’ Social Security System (SSS) to integrate cryptocurrency as a viable payment option for social security…
Xurya secures a US$55 million investment to enhance renewable energy initiatives in Indonesia
Indonesia’s premier renewable energy company, Xurya, has secured a substantial new investment of US$55 million to enhance its operations and drive the nation’s renewable energy sector forward. The funding round…
Samsung Electronics workers to stage a strike from July 8-10, according to a union official.
A workers’ union at Samsung Electronics in South Korea has announced a strike from July 8-10, as part of their increasing industrial action against the country’s most valuable company. The…
Decrease in Crypto Hacking Incidents: June Sees a 54.2% Reduction in Losses
June witnessed a significant decline in the financial impact of cryptocurrency hacks, with losses plummeting by 54.2% compared to the previous month. This marked reduction highlights a shift in the…
TikTok’s Instagram competitor, Whee, struggles to gain traction
In an unexpected move earlier this month, TikTok launched a new social app called Whee. This Instagram-like service allows users to take and share photos with friends while offering features…
Honor claims AI is ‘worthless’ without data privacy.
George Zhao, CEO of Chinese smartphone company Honor, stressed the importance of data protection in the evolving landscape of artificial intelligence. Zhao’s remarks highlight the necessity of safeguarding user data…
Floki Inu Issues Alert on Counterfeit Tokens Across Solana and Base Platforms
Floki Inu, a prominent memecoin project, has issued a warning to its users and the broader cryptocurrency community regarding fraudulent tokens falsely claiming affiliation with its brand. These unauthorized tokens…
TikTok and influencers significantly influence Gen Z’s shopping choices.
Generation Z in the Asia-Pacific region is revolutionizing the fashion industry by taking cues from idols and influencers, significantly driven by the social media platform TikTok, according to a new…
Global Climate Tech Firm Aether Fuels Secures $34M in Series A Funding
Global advanced climate technology company Aether Fuels has announced securing $34 million in Series A financing from a syndicate of global investors. The funding aims to accelerate the company’s efforts…
Chinese AI startups move to Singapore to drive global expansion
When Wu Cunsong and Chen Binghui founded their artificial intelligence startup, Tabcut, two years ago in Hangzhou, China, they quickly encountered numerous challenges, including a lack of venture capital. This…
India’s opposition urges Modi government to investigate Foxconn’s hiring practices
NEW DELHI – India’s opposition Congress party has called on Prime Minister Narendra Modi’s government to scrutinize Foxconn‘s hiring practices following a Reuters report that revealed the Apple supplier excludes…
Google Acquires Stake in BlackRock-Owned Taiwan Solar Power Company
Google has announced a significant investment in Taiwan’s New Green Power (NGP), a firm owned by a BlackRock fund, with the potential to purchase up to 300 megawatts (MW) of…
South Korea’s SK Hynix plans to invest $75 billion in AI and chip development by 2028.
South Korea’s SK Hynix, the world’s second-largest memory chip maker, announced an ambitious plan to invest 103 trillion won (approximately $74.6 billion) by 2028. This substantial investment aims to strengthen…
Bitget Announces $20 Million Investment Fund to Boost Telegram’s TON Ecosystem
In a significant development for The Open Network (TON), Bitget, a prominent crypto exchange, in partnership with Singapore-based Foresight Ventures, has announced the launch of a $20 million TON Ecosystem…