India’s Cryptocurrency Regulation: Forthcoming Government Consultation Paper Crucial for Future Policy
India stands on the brink of a pivotal moment in the regulation of cryptocurrencies as the Department of Economic Affairs (DEA) prepares to release a critical consultation paper. This document,…
Hong Kong Regulator Cracks Down on Noncompliant Cryptocurrency Exchanges Amid Licensing Efforts
Hong Kong is intensifying its regulatory oversight on cryptocurrency exchanges that are still in the process of being fully licensed, following initial approvals. This move is part of the city’s…
China Tests Cargo Drone with Record-Breaking Payload Capacity
China marked a significant development in aviation technology with the successful test flight of an unmanned civilian drone capable of carrying up to 3.2 metric tons of cargo. The SA750U,…
Chinese Firms Seek Advanced AI Capabilities via Amazon Cloud Services
State-linked Chinese entities are increasingly turning to cloud services, including those provided by Amazon Web Services (AWS), to gain access to high-end U.S. chips and artificial intelligence capabilities that are…
China’s WeRide Postpones U.S. IPO Due to Documentation Delays
WeRide, a China-based self-driving technology company, has delayed its initial public offering (IPO) in the U.S., citing delays in completing necessary transaction documents. The company indicated in a Thursday statement…
China Slams EU Tariffs on Electric Vehicles, Pledges Defense of Its Industry
China has strongly criticized the European Union’s recent decision to impose tariffs on electric vehicle (EV) imports, labeling the move as unfair and pledging to take necessary steps to defend…
Shein Accuses Temu of Copyright Infringement and Counterfeiting
Shein has filed a comprehensive lawsuit against its rival Temu, accusing the fast-fashion retailer of engaging in widespread copyright infringement, counterfeiting, and intellectual property theft. This legal action, taken in…
CZ and Binance Confront New Lawsuit Over Allegations of Facilitating Crypto Laundering
Binance and its former CEO, Changpeng “CZ” Zhao, are embroiled in a new legal challenge as they face a class-action lawsuit initiated by three cryptocurrency investors. These plaintiffs claim that…
India’s Tollbooth Automation Enhanced by Nvidia’s Accelerated Computing
India is leveraging Nvidia’s accelerated computing technology to tackle the challenge of tollbooth traffic, which affects a road network stretching over four million miles across 1,000 tollbooths. The Indian road…
China’s Supreme Court Updates Anti-Money Laundering Law to Encompass ‘Virtual Assets’
China’s top legal authorities have taken a major step in the regulation of digital currencies by updating the country’s Anti-Money Laundering (AML) laws to formally recognize “virtual asset” transactions. This…
SleekFlow Secures $7M to Expand Conversational AI in Asia
SleekFlow, a social commerce platform with headquarters in Singapore and Hong Kong, has secured an additional $7 million in funding to further develop its conversational AI suite for customer engagement…
TP-Link Under Scrutiny as US Lawmakers Raise Spying Fears
US lawmakers are urging the Department of Commerce to investigate Wi-Fi router vendor TP-Link over concerns that the Chinese government could potentially exploit the company’s products for spying purposes. Representatives…
Employees at South Korean Crypto Exchange Earn More Than Major Bank Staff
Employees and executives of Dunamu, the operator of the Upbit cryptocurrency exchange, are earning higher average salaries than their counterparts at some of South Korea’s largest banks. According to data…
Mitsubishi Corp Invests in Andrew Ng’s Latest AI Fund
Japan’s Mitsubishi Corp. is set to invest in a new artificial intelligence (AI) fund led by Stanford University computer scientist Andrew Ng. This strategic move aims to build connections between…
Waymo Finally Resolves Persistent Robotaxi Honking Issue
Waymo has resolved a persistent issue with its robotaxis honking excessively in a San Francisco parking lot. After previously attempting to address the problem with a software patch, the company…
New Acura EV Concept Blends Crossover SUV and Sportback Design
Acura has unveiled a new EV concept at Monterey Car Week, showcasing a crossover SUV with a distinctively aggressive design. The Acura Performance EV concept features a boat-like front end,…
Amazon May Launch Standalone Amazon Pay App in India
Amazon is reportedly considering the launch of a standalone app for its Amazon Pay service in India, a move aimed at increasing the platform’s visibility and usage in the country.…
New Leak Shows Huawei’s Triple-Screen Foldable in Action
Huawei’s upcoming triple-screen folding phone has surfaced again in newly leaked images, further intensifying anticipation among tech enthusiasts. The photos, shared by Weibo user Whylab and later reported by Android…
Coinbase, KuCoin Among Companies Seeking Crypto Licenses in Turkey
The Turkish cryptocurrency landscape is witnessing a significant evolution as leading global companies like Coinbase and KuCoin vie for business licenses. This development follows recent regulatory updates by the Turkish…
Waymo Robotaxi Honking Problem Lingers for San Francisco Building Residents
Waymo’s robotaxi depot in San Francisco continues to disturb nearby residents with overnight honking, despite the company’s efforts to address the issue. The honking originally stemmed from a safety feature…