Microsoft’s $1.5 billion investment in G42 underscores escalating tensions between the US and China
In a significant development in the global technology landscape, Microsoft has announced a strategic investment of $1.5 billion in G42, an influential Abu Dhabi-based AI company. This investment not only…
Bain Plans IPO for Japan’s Kioxia to Facilitate Refinancing of $5.8 Billion Loan
Tokyo, Japan — Bain Capital has proposed launching an initial public offering (IPO) for Japan’s Kioxia Holdings, aiming to refinance a significant debt as the semiconductor company faces financial hurdles,…
Single Miner Claims 3.125 BTC Reward in Rare Solo Mining Success
In a rare feat within the Bitcoin mining community, a single Bitcoin miner successfully solved a Bitcoin block by themselves, securing the entire block reward of 3.125 Bitcoin, approximately valued…
Australian Securities Exchange Anticipated to Sanction Spot Bitcoin ETFs by Year-End
Australia’s main securities exchange, the Australian Securities Exchange (ASX), is reportedly on the brink of approving several spot Bitcoin exchange-traded funds (ETFs) by the end of the year. This move…
Ethereum’s Record Low Fees May Indicate Upcoming Altcoin Season, According to Santiment
Ethereum’s network fees have dipped to a six-month low, while the price of Ether has seen a modest increase over the recent weekend. This trend, highlighted by cryptocurrency analytics platform…
North Korea is purchasing surveillance cameras from China as part of an effort to strengthen its control.
SEOUL, South Korea — In a significant escalation of surveillance efforts, North Korea is implementing advanced monitoring technologies in schools and workplaces, while also amassing biometric data from its citizens,…
Terminus Secures $276 Million to Enhance Large Language Model Applications and AIoT Technology
Beijing, China – Terminus Group, a prominent provider of artificial intelligence services based in Beijing, has successfully secured a massive $276 million in its Series D funding round. The investment…
OCBC broadens the variety of electric vehicles eligible for financing through its eco-care car loans program
SINGAPORE – OCBC Bank is broadening the accessibility of electric vehicles (EVs) through significant enhancements to its Eco-Care Car Loans scheme. As part of its ongoing efforts to support sustainable…
Pula secures $20M Series B to offer agricultural insurance in Africa, Asia, and Latin America
Founded in 2015, Pula is a Kenyan-based insurtech firm that has been pioneering efforts to increase access to agricultural insurance for smallholder farmers across emerging markets. Their approach has been…
Baidu reports that its AI chatbot, ‘Ernie Bot’, has reached 200 million users.
HONG KONG – In a significant development within China’s artificial intelligence sector, Baidu’s Ernie Bot, a chatbot akin to OpenAI’s ChatGPT, has reached a new usage milestone, amassing over 200…
OpenAI launches Tokyo center, proudly introduces GPT-4 version tailored for Japanese
OpenAI, a global leader in artificial intelligence technology, has announced the expansion of its international presence with the opening of a new office in Tokyo, Japan. This strategic move not…
Runes Transactions Account for Over Two-Thirds of Bitcoin Activity Since Its Debut
Following the recent halving event on April 20, the Bitcoin blockchain has witnessed the emergence of the Runes token standard, which has quickly accounted for a majority of the network’s…
Netflix Required to Stop Video Game Services in Vietnam
HANOI, VIETNAM — In a decisive move, the Vietnamese Authority for Broadcasting and Electronic Information (ABEI) has issued a directive to Netflix, ordering the global streaming giant to cease its…
TSMC’s first-quarter earnings projected to increase by 5% due to robust demand for AI chips.
TAIPEI— Taiwan Semiconductor Manufacturing Co. (TSMC), the world’s leader in advanced chip manufacturing, is gearing up to unveil its first-quarter earnings this Thursday, with expectations set for a significant profit…
According to IDC, Samsung surpasses Apple as the leading phonemaker as iPhone shipments decline.
In a recent report by research firm IDC, it has been revealed that Apple Inc. (AAPL.O) experienced a notable decline in smartphone shipments, marking a downturn of approximately 10% in…
China’s Gaming Regulator Issues Licenses to 95 New Titles in April
China’s National Press and Publication Administration (NPPA) has authorized the release of 95 new video games in April, the smallest number so far in 2024. This month’s approved titles include…
Meta tests its innovative AI chatbot on WhatsApp, Instagram, and Messenger in India and Africa.
Meta, formerly Facebook, has embarked on a significant initiative to introduce its Meta AI chatbot to users in emerging markets such as India and Africa. This effort aligns with Meta’s…
Lawsuit Filed Against Meta for False Celebrity Endorsements in Investment Advertisements
Four individuals have initiated legal proceedings against Meta Platforms Inc.’s Japanese subsidiary for allegedly allowing fraudulent investment advertisements featuring counterfeit celebrity endorsements on its platforms, Facebook and Instagram. The lawsuit,…
Exponent Energy introduces 15-minute charging for passenger three-wheelers in India
In a monumental step towards electrification, India is set to welcome the Stream City Qik, an electric three-wheeler passenger vehicle capable of charging from 0 to 100% in just 15…
AMD and Intel shares fall after China orders removal of foreign chips
Shares of major U.S. semiconductor companies, Advanced Micro Devices (AMD) and Intel, experienced a sharp decline on Friday following a report by The Wall Street Journal. According to the report,…