Massive Influx of Over 1 Million New Crypto Tokens Since April Marks Industry Boom
The cryptocurrency landscape has experienced a significant boom in token creation, with more than one million new tokens introduced since the beginning of April across various platforms, predominantly on Ethereum…
YouTube to Restrict Hong Kong Protest Anthem Videos Following Court Ruling
YouTube, owned by Alphabet Inc., has agreed to block access to 32 video links within Hong Kong following a court order. Critics argue this move is a significant blow to…
Huawei’s flagship store surge in China sets the stage for an interesting showdown with Apple
HONG KONG – Huawei is revolutionizing its retail strategy by opening flagship stores in China, aiming to reclaim its position in the premium electronics market, the world’s largest smartphone market.…
Deutsche Bank Partners with Singapore’s Central Bank on Pioneering Asset Tokenization Project
Deutsche Bank, the German multinational banking and financial services company, has embarked on a groundbreaking collaboration with the Monetary Authority of Singapore (MAS) to advance asset tokenization. This partnership is…
Microsoft requests some China-based employees to relocate due to escalating Sino-US tensions.
Microsoft Corporation (MSFT.O) has initiated a significant internal move, requesting some of its China-based employees to consider relocating outside the country. This development comes as geopolitical tensions between the United…
Uber to acquire Foodpanda’s Taiwan unit from Delivery Hero in a $950 million cash deal.
Uber Technologies announced on Tuesday that it will purchase the Taiwan unit of Delivery Hero’s Foodpanda for $950 million in cash. This acquisition is a strategic move to bolster Uber…
Musk plans visit to Indonesia for Starlink launch, according to minister
Elon Musk, the influential tycoon and owner of SpaceX, is scheduled to visit Indonesia this Sunday to inaugurate the launch of Starlink, SpaceX’s satellite internet service, according to announcements made…
Instagram Expands Its Creator Marketplace to 10 Additional Countries
Instagram is broadening the scope of its creator marketplace, now reaching 10 additional countries, enhancing the platform for brands and creators to collaborate effectively. Initially rolled out in the U.S.…
Sony shares soar 12% following buyback, dividend plans, and an improved profit outlook.
Tokyo – Shares in Sony Group saw a significant surge of 12% in early Tokyo trading on Wednesday following the company’s announcement of several strategic initiatives aimed at boosting shareholder…
Crypto Employment Flourishes in Early 2024, Yet Faces a Setback in April Amid Market and Regulatory Fluctuations
The cryptocurrency sector experienced a robust hiring trend in the first quarter of 2024, showcasing quarter-on-quarter growth with leading companies like Coinbase and Binance ramping up recruitment efforts. Despite this…
China’s inaugural sodium-ion battery energy storage station may reduce dependence on lithium.
The launch of China’s first large-scale sodium-ion battery energy storage station could significantly impact the clean energy sector. This new technology is being viewed as a promising alternative to lithium-ion…
China’s Breakthrough Paves the Way for ‘Fault-Tolerant’ Quantum Computing
Leading quantum physicist Pan Jianwei and his team at the University of Science and Technology of China (USTC) have achieved a groundbreaking development in the field of quantum physics. Their…
Sony Appoints New Co-CEOs to Lead PlayStation
Sony has unveiled a significant leadership transformation within its PlayStation division, appointing Hermen Hulst and Hideaki Nishino as co-CEOs, a move set to take effect from June 1st. This change…
Nvidia proudly unveils quantum computer centers powered by the new CUDA-Q platform.
Nvidia has announced a significant advancement in its quantum computing initiatives, revealing plans to enhance quantum computing capabilities at national supercomputing centers worldwide using the open-source Nvidia CUDA-Q platform. Supercomputing…
Baidu’s robotaxi division anticipates achieving profitability next year
SHANGHAI — Chinese tech company Baidu announced on Wednesday that its Apollo Go robotaxi division expects to achieve profitability by next year. This optimistic projection aligns with CEO Elon Musk’s…
Japan expects a sharp rise in power output by 2050 due to AI and chip plant demands.
The Japanese government has projected a significant increase in electricity demand, anticipating a 35% to 50% rise by 2050. This forecast is driven by the growing energy needs of semiconductor…
Lumen Technologies Expands Cybersecurity Services in the Asia-Pacific Region
Lumen Technologies Asia Pacific has broadened its cybersecurity service offerings with the latest expansion of its Advanced Managed Detection and Response (Advanced MDR) services. Announced on May 14, 2024, this…
Significant Drop in Bitcoin Mining Difficulty Last Week Marks Largest Since Last Crypto Winter: Bernstein Report
In a notable shift within the cryptocurrency mining industry, Bitcoin (BTC) mining difficulty decreased by approximately 6% last week, marking the most significant decline since the crypto winter of December…
Google teams up with Airtel to deliver cloud and GenAI solutions to Indian businesses.
Airtel, India’s second-largest telecom operator, announced on Monday a strategic long-term partnership with Google Cloud aimed at developing and delivering cloud and generative AI products to Indian enterprises. This collaboration…
Analyst Warns of Potential ‘Panic Sell-Off’ If Bitcoin Falls Below $60K
As Bitcoin (BTC) hovers near the $60,000 mark, market analysts warn of a potential panic sell-off should it fall below this critical threshold. FxPro’s Alex Kuptsikevich suggests that a break…