Tencent hits new success with ‘Dungeon and Fighter’ mobile game
Tencent Holdings‘ latest mobile game “Dungeon and Fighter: Origin” has swiftly become the top-selling app on Apple’s App Store in China, surpassing the company’s other flagship games. Launched on May…
Archer and Kakao Mobility to Launch Innovative Electric Air Taxis in South Korea by 2026
In a significant stride towards revolutionizing urban transportation, Archer Aviation has announced a strategic partnership with Kakao Mobility, a leading ride-hailing and parking company, to introduce electric air taxi flights…
Indonesia Investigates Lazada and Shopee for Potential Anti-Competitive Practices
The Indonesian Competition Commission (KPPU) has launched an investigation into the local operations of Shopee and Lazada, two leading e-commerce platforms, over concerns of potential monopolistic practices. In an official…
Memecoin Surge Displaces Cardano from Top 10 Cryptocurrency Rankings
The cryptocurrency market has recently witnessed an explosive rise in the popularity of memecoins, significantly altering the landscape of top crypto rankings. In a notable shift, Shiba Inu has overtaken…
Apple’s iPhone Shipments in China Surge by 52% Amid Strong Rebound
Apple Inc.’s iPhone witnessed a significant rebound in China last month, with shipments increasing by an impressive 52%, bolstered by a series of discounts from retail partners. This resurgence in…
Semi CEO says India Requires Diverse Suppliers for Chip Industry Success
India must attract a more diverse array of semiconductor suppliers to develop a robust chip industry, according to Ajit Manocha, President and CEO of the influential trade association Semi. During…
Apple triumphs in China’s legal battle over App Store fees.
A Chinese court has dismissed a case filed by a local consumer against Apple Inc’s commission fees for purchases via its App Store, offering the US technology giant some relief…
Microsoft and Beihang Unveil MoRA: Efficient LLM Fine-Tuning
In a groundbreaking development, researchers from Microsoft and Beihang University have unveiled a new technique for fine-tuning large language models (LLMs) that significantly reduces the cost traditionally associated with this…
Google to Invest $2 Billion in Data Center and Cloud Region in Malaysia
KUALA LUMPUR (May 30) – The Ministry of Investment, Trade and Industry (Miti) has announced that Google has committed to a US$2 billion (RM9.4 billion) investment to establish the first…
Apple to Open Its First Store in Malaysia, Continuing Expansion Across Asia
In a strategic move to bolster its presence in the Asian market, Apple announced on Wednesday that it will open its first retail store in Malaysia next month. This decision…
How PDD, Temu’s Parent, Surpassed Alibaba as China’s Top E-Commerce Giant
PDD Holdings‘ value-for-money strategy and the rapid growth of its Temu marketplace have propelled the tech giant to the forefront of China’s e-commerce market, making it the most valuable company…
Samsung Electronics’ Union Plans First-Ever Walkout Next Week
In an unprecedented move, the National Samsung Electronics Union (NSEU) in South Korea announced plans to escalate strike action next week, marking the first walkout in the company’s history. The…
Xiaomi Achieves Remarkable Growth in Q1 2024
Xiaomi Corporation, a prominent player in consumer electronics and smart manufacturing, has reported a significant year-on-year (YoY) growth in its financial results for the first quarter of 2024. Known for…
Nvidia co-launches Southeast Asia’s inaugural AI startup accelerator
Singapore-based ecosystem builder Tribe and government-linked Digital Industry Singapore (DISG) have joined forces with Nvidia to launch the Ignition AI Accelerator, Southeast Asia’s pioneering AI startup accelerator. This groundbreaking initiative,…
Toyota, Subaru, and Mazda Collaborate on New Engine Development
In a significant move toward enhancing vehicle electrification, Toyota Motor, alongside smaller Japanese automakers Subaru and Mazda Motor, announced a joint initiative to develop new engines specifically designed for integration…
Gopax Sells Half of Genesis Claims to Users Amid Financial Strain
Gopax, a major South Korean cryptocurrency exchange and one of the top five by market share, is reportedly navigating financial turmoil after it sold user deposit claims for only half…
MARS Strengthens Commitment to India’s Infra.Market with Fresh $50M Investment
Infra.Market, a Mumbai-based startup revolutionizing procurement for construction and real estate firms, has raised $50 million from MARS Unicorn Fund, according to a statement provided to TechCrunch on Tuesday. This…
Mt. Gox Transfers $9.6 Billion in Bitcoin, Signaling Repayment Efforts, Trustee Confirms
Mt. Gox, the collapsed cryptocurrency exchange, has made a significant on-chain transaction, consolidating $9.62 billion worth of Bitcoin into a new wallet, sparking hopes among creditors for imminent repayments. This…
The Rise of Memecoins: Dominating the Crypto Open Interest Landscape
The cryptocurrency market has witnessed a remarkable surge in interest surrounding memecoins during this bull season, transforming them from niche internet jokes to formidable players in the digital asset space.…
Rethinking Stablecoins: Agora’s van Eck Critiques Yield-Bearing Models
In the rapidly evolving world of cryptocurrencies, the debate around the true purpose and design of stablecoins continues to intensify. Nick van Eck, CEO of the stablecoin issuer Agora, has…