Casio Confirms Ransomware Attack and Data Breach
Casio has confirmed that a recent ransomware attack led to a significant data breach, compromising personal and confidential information. On October 5, unauthorized access to Casio’s network resulted in system…
ASML Reports 16% Share Plunge as China Sales Fall Short of Expectations
ASML shares dropped 16% after the Dutch semiconductor equipment maker released its financial results a day early, warning of weaker sales in China. The company’s forecast for 2025, now ranging…
Samara Asset Group to Boost Bitcoin Holdings with $33 Million Bond
Publicly-listed asset management firm Samara Asset Group is set to increase its Bitcoin holdings by utilizing proceeds from a €30 million ($32.8 million) bond. In an announcement made on October…
Kioxia IPO Scrapped After Investors Demand Lower Valuation
Bain Capital’s plan to list Japan’s Kioxia in an initial public offering (IPO) hit a roadblock as investors demanded a significantly lower valuation than the U.S. buyout firm sought, according…
Star Health reveals $68,000 ransom demand after major data leak
Star Health, India’s largest health insurer, reported on Saturday that it received a ransom demand of $68,000 from a cyberhacker following a significant data breach involving sensitive customer information. The…
Rapidus and Denso team up to boost Japan’s chip design
Japanese companies Rapidus and Denso will share chip design methods for advanced technologies, including artificial intelligence and autonomous vehicles, according to a report from Nikkei on Saturday. The collaboration marks…
Ambani’s Reliance pushes back on India’s satellite spectrum allocation
Indian billionaire Mukesh Ambani’s Reliance has raised objections to India’s telecom regulator, claiming the decision to allocate satellite broadband spectrum without an auction is flawed, according to a letter obtained…
Strong AI Chip Sales Push TSMC to Record Q3 Profit
Taiwan Semiconductor Manufacturing Co. (TSMC) is expected to post a 40% jump in third-quarter profit, driven by strong demand for its advanced chips used in artificial intelligence (AI) applications. The…
Over 700 ByteDance employees laid off in Malaysia as AI takes center stage
ByteDance, the Chinese parent company of TikTok, has laid off over 700 workers from its Malaysian unit as it pivots towards a more AI-driven approach to content moderation, according to…
South Korea Permits Division of Cryptocurrency Holdings in Divorce Settlements
Married couples in South Korea can now legally divide their cryptocurrency holdings during divorce proceedings, according to IPG Legal, a law firm specializing in the country’s legal system. This development…
Thai SEC Proposes Inclusion of Crypto Products in Mutual and Private Funds
Thailand’s Securities and Exchange Commission (SEC) has made a significant move to accommodate the increasing interest in cryptocurrency investments from institutional investors. On October 9, the finance regulator proposed allowing…
ByteDance introduces Ola Friend earbuds exclusively in China
ByteDance, the parent company of TikTok, has launched its first set of earbuds, marking a deeper move into hardware. Priced at $170, the new Ola Friend earbuds are only available…
Canva Reverses Price Hike After Customer Backlash
Canva has reversed its decision to raise prices by up to 300% for long-term customers, responding to backlash from small businesses and other users. Initially, the Sydney-based design software company,…
Spotify introduces free streaming in South Korea
Spotify, the global audio streaming platform, announced on Thursday that it has introduced a free music and podcasts option in South Korea. This move aims to expand its audience base…
Taiwan Set to Pilot Crypto Custody Services via Local Banks by 2025
In a significant development for the financial technology landscape, Taiwan is gearing up to foster institutional adoption of cryptocurrencies through a new initiative involving local banks. The Financial Supervisory Commission…
Bitcoin Drops to $59K as Altcoins Struggle with Regulatory Hurdles
Bitcoin has fallen below the $60,000 mark for the first time since September 18, leading market participants to speculate about the possibility of further declines. As of October 10, Bitcoin’s…
Nintendo Seeks 10,000 Testers for New Switch Online Feature
Nintendo has launched a search for 10,000 testers, offering them first access to a mysterious new Switch Online feature. While the announcement provides few details and offers no concrete hints…
Singapore sets April 2025 deadline for digital bunker notes rollout
Singapore’s marine fuel suppliers will be required to provide digital bunkering services and issue electronic bunker delivery notes starting April 1, 2025. Amy Khor, Singapore’s senior minister of state for…
TSMC reports third-quarter revenue surge, outpaces predictions
Taiwan Semiconductor Manufacturing Co (TSMC), the world’s largest contract chipmaker, announced its third-quarter revenue on Wednesday, exceeding both market expectations and its own forecasts. The company, driven by strong demand…
MediaTek Launches Flagship Chipset Ready for AI and Tri-Fold Phones
MediaTek has officially revealed its latest flagship mobile chipset, the Dimensity 9400, designed with future-forward features alongside standard performance upgrades. Built on a 3nm process, the chipset promises up to…