DMR News

Advancing Digital Conversations

Asia-Pacific

  • Home
  • Singapore Tech Wages Dip in 2023; Select Jobs See Pay Hike

Singapore Tech Wages Dip in 2023; Select Jobs See Pay Hike

Singapore — In a landscape marked by technological advancements and shifting market dynamics, the tech industry in Singapore has witnessed a contrasting trend in salary movements throughout 2023. While the…

Shin-Etsu Chemical of Japan plans a big $545 million investment in a semiconductor materials facility.

In an era where technological advancements drive the global economy, the semiconductor industry stands as a critical pillar. Amidst this backdrop, Shin-Etsu Chemical, a leading Japan-based semiconductor materials manufacturer, announced…

Philippines SEC Instructs Apple and Google to Delist Binance App

On April 23, the Securities and Exchange Commission (SEC) of the Philippines took a decisive action against the cryptocurrency exchange Binance by instructing major tech companies Google and Apple to…

Samsung Electronics shares set for $326 million block sale, according to sources.

In a notable development within the South Korean stock market, Samsung Electronics (005930.KS) has experienced a substantial block sale involving approximately 5.25 million of its shares. This transaction is valued…

Bitcoin Halving May Create Demand Five Times Greater Than Supply, Says Bitfinex

The recent halving of Bitcoin’s mining reward has significant implications for the cryptocurrency’s market dynamics, possibly increasing demand to five times that of its supply, according to a new analysis…

The U.S. proposes $6.6 billion to TSMC for Arizona chip plants, aiming to boost security.

In a landmark move aimed at revitalizing the American semiconductor industry, the Biden administration announced on Monday a preliminary agreement that earmarks up to $6.6 billion in government funding for…

Thailand Enforces Ban on Unlicensed Crypto Exchanges to Combat Cybercrime

Thai authorities are taking decisive steps to regulate the cryptocurrency market by blocking unlicensed crypto exchanges from operating within the country. This move is aimed at curbing money laundering and…

Google is assisting Bengaluru in addressing its traffic issues by combining AI technology with traffic lights.

In the heart of India’s tech hub, Bengaluru, where the young and ambitious flock for burgeoning career opportunities, there’s a unanimous whisper among its denizens about the city’s Achilles’ heel…

Smartpay secures $7 million to reduce Japan’s website shopping cart abandonment rate

In a recent turn of events that highlights the persistent challenge of high website cart abandonment rates in Japan, local fintech startup Smartpay has secured a substantial $7 million in…

India’s space startup Agnikul postpones its first rocket launch once more.

In a surprising turn of events, the Indian aerospace startup Agnikul Cosmos has once again postponed the maiden launch of its Agnibaan rocket, citing technical issues encountered during pre-launch checks,…

Record $107 Million in Bitcoin Mining Revenue on Halving Day

On April 20, 2024, a landmark day in the cryptocurrency industry, Bitcoin mining revenue soared to a new all-time high, crossing the $100 million threshold for the first time. Miners…

China credits innovation, not subsidies, for its EV market lead amid Yellen’s ‘overcapacity’ concerns.

Beijing, China – In a recent statement during a roundtable discussion in Paris, Wang Wentao, China’s Minister of Commerce, addressed the rapid ascent of China’s electric vehicle (EV) industry, attributing…

Sachin Bansal’s fintech Navi targets a $2B valuation in its first big outside funding.

In a bold move that could potentially redefine the landscape of the Indian fintech sector, Sachin Bansal, the visionary co-founder of Flipkart, is currently in advanced discussions to secure a…

Bitcoin Halving Sparks Surge in Layer 2 Adoption

On April 20, Bitcoin marked a significant milestone with its fourth halving event, known as “Epoch V.” This event, which slashes the new bitcoin supply by 50%, not only celebrated…

The competition to lead in general AI intensifies as Dell backs SiMa.ai with an investment.

In a significant development that underscores the escalating interest and investment in edge AI technologies, SiMa.ai, a pioneering chip startup, has proudly announced a $70 million funding round. This investment,…

Tether’s Issuance on TON Blockchain Reaches $60M, Marking a ‘Great Start,’ Says CEO

Since its introduction to The Open Network (TON) on April 19, Tether (USDT) has experienced significant growth, with $60 million worth of the stablecoin now issued, making TON the 11th-largest…

Alibaba’s esteemed chairman, Joe Tsai, asserts that China trails by two years in the AI competition.

In a revealing dialogue on the podcast ‘In Good Company,’ Joe Tsai, the co-founder of the Chinese e-commerce behemoth Alibaba, engaged with Nicolai Tangen, CEO of Norway’s Norges Bank Investment…

Bitcoin Miners Eye AI Integration in Post-Halving Era, CoinShares Reports

In the wake of the recent Bitcoin halving, which cut the reward for mining by 50%, CoinShares has released a report suggesting that crypto miners may increasingly turn to artificial…

SpaceX deploys South Korea’s second spy satellite, escalating the space race with North Korea.

SEOUL – In a significant advancement for South Korea’s space and defense capabilities, the country’s defence ministry announced the successful launch and orbit entry of its second homegrown spy satellite…

Bitcoin Transaction Fees Plummet Following Record High on Halving Day

Just one day after the fourth Bitcoin halving event, which saw average transaction fees soar to a record $128, the fees have dramatically decreased. On April 21, the cost for…