China’s Pony.ai Expands Robotaxi Plans to Hong Kong
China’s Pony.ai is preparing to introduce its robotaxi services in Hong Kong, signaling another step in the autonomous vehicle race. The Guangzhou-based firm will join Baidu, which recently gained approval…
Chinese Hack Expands to More US Telecoms, Report Finds
A recent report from The Wall Street Journal has uncovered a broader scope of Chinese cyberattacks targeting U.S. telecommunications networks than previously disclosed. The breaches, attributed to the Salt Typhoon…
Foxconn Breaks Revenue Records in Fourth Quarter Amid AI Server Boom
Foxconn, the world’s largest contract electronics manufacturer and Apple’s primary iPhone assembler, announced record-breaking revenue for the fourth quarter of 2024, exceeding market expectations. The Taiwan-based company, officially known as…
Five Hyundai and Kia Electric Vehicles Now Eligible for $7,500 Tax Credit
Hyundai, Kia, and Genesis electric vehicles have qualified for the $7,500 federal EV tax credit, according to Electrek. Five models, including the popular Hyundai Ioniq 5 crossover and Kia EV9…
Japanese Chipmakers Prepare for a New Era of Semiconductor Production
The Japanese semiconductor industry, once a global leader, is taking decisive steps to regain its competitive edge. Amid the increasing demand for advanced chips fueled by generative artificial intelligence and…
China Becomes a Bright Spot for Tesla Amid Global Sales Dip
Tesla reported record-breaking sales in China for 2024, marking an 8.8% increase to over 657,000 vehicles sold in its second-largest market. This performance stands in contrast to the company’s first-ever…
China’s Military States AI Cannot Replace Human Judgment on the Battlefield
China’s military has issued a clear warning against relying solely on artificial intelligence in warfare, emphasizing the irreplaceable role of human decision-making. In an article published in People’s Liberation Army…
China Proposes Export Curbs on Key Battery and Mineral Technologies
China’s Ministry of Commerce has unveiled a proposal to tighten export restrictions on key technologies for processing critical minerals like lithium and gallium, essential in battery production. The announcement, detailed…
Kia Recalls 23,000 EV9s After Seat Bolt Error by Assembly Worker
Kia is recalling nearly 23,000 EV9 electric SUVs after discovering that some vehicles may have improperly secured second- and third-row seats. The recall affects 22,883 EV9 models produced at Kia’s…
WeChat and TikTok Secure Licences to Operate in Malaysia
Malaysia has officially licensed Tencent’s WeChat and ByteDance’s TikTok to operate under a new social media regulation designed to address rising cybercrime. The Malaysian Communications and Multimedia Commission (MCMC) announced…
Market Share Caps for UPI Payments Deferred Until 2026
India’s decision to delay market share caps for unified payments interface (UPI) services will offer a reprieve to dominant players like Google Pay and Walmart-backed PhonePe. Initially scheduled to take…
Apple Discounts iPhones in China as Competition Heats Up
Apple has announced discounts of up to 500 yuan ($68.50) on its iPhone models in China, marking a rare move to maintain its foothold in the world’s largest smartphone market.…
US Sanctions Iran and Russia for Election Interference with AI Disinformation
The United States has sanctioned Iranian and Russian groups for attempting to interfere in the 2024 elections using disinformation campaigns powered by artificial intelligence. Announced Tuesday by the Treasury and…
Singapore’s Strategic Moves Position It as Asia’s Next Major Cryptocurrency Hub
Singapore‘s burgeoning status as a pivotal center for Web3 and cryptocurrency firms is set to solidify, bolstered by a regulatory environment that favors innovation. In 2024, the Monetary Authority of…
Chinese EV Maker Xpeng Targets 6,000 New Hires in 2025
Xpeng, the Chinese electric vehicle manufacturer, is gearing up to hire over 6,000 new workers in 2025. This ambitious expansion comes as the company braces for heightened competition in the…
Chinese Tech Rivalry Grows as Alibaba Slashes AI Model Prices
Alibaba announced significant price reductions of up to 85% for its large language models (LLMs), signaling intensifying competition among Chinese tech giants in the artificial intelligence space. The price cuts…
China Implements Stricter Forex Rules to Monitor Crypto Transactions
China’s foreign exchange regulator has introduced stringent forex regulations that compel banks to intensify scrutiny of risky trades, particularly those involving cryptocurrencies. Reported by the South China Morning Post on…
Alipay Adds AI Image Search to Expand Its Super App Capabilities
Alipay has rolled out a new artificial intelligence-powered image search feature, solidifying its status as a leading super app in China. This feature, known as “Tanyixia” or “do a little…
Beijing Plans to Boost Driverless Vehicle Adoption in the Capital
China’s capital, Beijing, is setting the stage for a driverless future. On December 31, the city passed regulations to promote autonomous driving technology, aiming to eventually introduce driverless public buses…
Samsung Electronics Takes Majority Stake in Rainbow Robotics
Samsung Electronics has secured the largest shareholder position in Rainbow Robotics, a South Korean robotics company, as revealed in a regulatory filing on Tuesday. The tech giant acquired a 267…