Chinese AI social media apps gain traction abroad, lag at home
Chinese artificial intelligence (AI) companies are experiencing a noticeable increase in demand for their social media applications in international markets, contrasting with the more moderate uptake on the mainland. This…
SushiSwap Transitions to ‘Labs’ Model and Introduces Multi-Token Ecosystem
After months of intense debate, SushiSwap, a leading decentralized exchange (DEX), has unveiled a transformative new business model under the banner of Sushi Labs. This transition aims to streamline the…
The U.S. may impose more limits on China’s AI chip tech access.
In an escalating move to safeguard its technological prowess, the Biden administration is reportedly considering tightening restrictions on China’s access to sophisticated semiconductor technology, a move that could have significant…
Amazon’s AWS Expands in Asia-Pacific with New Taiwan Region
Amazon Web Services (AWS), a division of the U.S. tech giant Amazon, is set to establish a new infrastructure region in Taiwan by early 2025. This move is part of…
Linq Secures $6.6 Million in Funding to Enhance Research for Financial Analysts with AI Technology
In the swiftly evolving realm of artificial intelligence (AI), the finance industry stands out as an early adopter, Linq, keen on harnessing the power of generative AI tools for enhanced…
Apple Vision Pro Debuts in China, Japan, and Singapore This Month.
Apple announced on Tuesday a major expansion of its high-end virtual reality headset, the Apple Vision Pro, marking the gadget’s debut in several key Asian markets. Scheduled to launch on…
Australia Implements Ban on Crypto and Credit Cards for Online Gambling
In a decisive move to protect its citizens from potential financial harm, the Australian government has instituted a ban on using cryptocurrencies and credit cards for online gambling. This measure…
Advantest of Japan Reports Increased Demand for AI Boosting Memory Tester Operations
Tokyo – Advantest Corporation, a global leader in the semiconductor testing equipment sector, announced significant growth in its memory testing business, spurred by the soaring demand for High Bandwidth Memory…
Temu Attracts More Repeat Buyers than eBay, Challenges Amazon
In a surprising shift in the e-commerce landscape, Chinese online shopping platform Temu has begun to outperform eBay in terms of monthly repeat customers, despite being in the U.S. market…
Sources Indicate MediaTek Is Developing Arm-Based Chips for Microsoft’s AI-Enabled Laptops
TAIPEI/SAN FRANCISCO — In a bold move that could reshape the competitive landscape of the PC hardware industry, Taiwanese semiconductor company MediaTek is reportedly developing an Arm-based chip designed to…
Australian MP Advocates for Blockchain as Catalyst for Economic Growth
In a compelling address to digital asset executives during Australia’s Blockchain Week 2024 in Sydney on June 11, Parliament Member Andrew Charlton highlighted the transformative potential of blockchain technology for…
Indians Become Enthusiasts of 10-Minute Grocery Delivery Apps, Impacting Small Retailers
In the bustling suburbs of Mumbai, a revolution in grocery shopping is unfolding at Swiggy‘s warehouse. Employees, under the watchful eye of digital timers, scurry to process grocery orders within…
DeFi Technologies Embraces Bitcoin as Primary Treasury Reserve Asset
In a significant move reflecting the growing institutional adoption of cryptocurrencies, DeFi Technologies, a publicly listed exchange-traded product (ETP) provider and venture capital firm, has announced the adoption of Bitcoin…
Travala Integrates Telegram Open Network, Expanding Payment Options with Toncoin
Travala, a pioneering crypto-native travel booking platform, has announced a significant integration with the Telegram Open Network (TON). This new partnership will enable holders of Toncoin (TON) to book airline…
Activists in Seoul Create ‘Smart Balloons’ to Deliver Messages into North Korea
In the shadowy conflict between North and South Korea, an innovative form of protest has emerged from a Seoul-based activist group. Harnessing advanced technology, this group crafts “smart balloons” designed…
Singapore Alerts Businesses to Rising Threat of Akira Ransomware
The notorious Akira ransomware, responsible for extorting $42 million from over 250 organizations across North America, Europe, and Australia in just a year, is now setting its sights on businesses…
South Korea’s Financial Regulator Clarifies NFT Classification as Virtual Assets
South Korea’s Financial Services Commission (FSC) has released new guidelines detailing when nonfungible tokens (NFTs) should be classified as virtual assets. These guidelines, announced on June 10, aim to provide…
China Proposes New Regulations to Boost Cross-Border E-Commerce
In a strategic move to bolster its cross-border e-commerce sector, China’s Commerce Ministry released new draft rules on Tuesday aimed at promoting the construction of overseas warehouses and expanding international…
China’s EV Market Experiences Growth, Fueled by Government Subsidies
Beijing, China – Amid a turbulent period marked by intense competition and price wars, China’s electric vehicle (EV) industry is poised for a promising resurgence in 2024, fueled by government…
Nvidia Ignites Speculation About Potential Dow Entry Following Stock Split
Nvidia, a leading force in artificial intelligence technology, has enacted a 10-for-1 stock split, a move designed to make its shares more accessible to retail investors and potentially set the…