Gogoro Postpones India Plans, Begins Bike-Taxi Trial with Rapido
Gogoro has delayed its expansion plans in India due to ongoing policy uncertainty, particularly regarding the Indian government’s anticipated battery-swapping incentive scheme. Despite this, the Taiwanese electric two-wheeler manufacturer has…
Nintendo Switch 2 Launch May Be Pushed to Mid-2025 or Later
Nintendo’s next console, widely referred to as “Switch 2,” may not arrive until mid-2025 or even later, despite earlier speculation about an early 2025 release. According to Chris Dring, head…
Google Expands AI Overviews Feature to Six New Countries
Google is expanding its AI Overviews feature, which summarizes complex questions at the top of traditional search results, to six additional countries: India, Japan, Mexico, Indonesia, Brazil, and the United…
Binance Makes a Comeback in India as a Registered Crypto Exchange After Seven Months
After a seven-month hiatus, Binance has made a notable return to India’s digital landscape. The crypto exchange has been reinstated on India’s Google Play Store and Apple App Store as…
China’s AI Detects Secret Radar Links Between South China Sea, Alaska, and Guam
China’s military has publicly revealed that its artificial intelligence (AI) system for electronic warfare has detected coordinated radar signals across the South China Sea, Guam, the Marshall Islands, and the…
Iran Offers Rewards for Reporting Unauthorized Crypto Mining
In response to severe power shortages exacerbated by a brutal heatwave, Iran has implemented a unique strategy to curb unauthorized crypto mining. With temperatures reaching 113 degrees Fahrenheit (45 degrees…
Alibaba Earnings Fall Short as Cloud Business Shows Growth
Alibaba reported lower-than-expected earnings for the June 2024 quarter, missing both top- and bottom-line expectations as it continues to struggle with challenges in its core e-commerce business. Despite ongoing efforts…
Pixel 9 Launch in India Comes with Major Hurdles for Google
Google has announced the launch of its Pixel 9 series in India, marking a significant move in one of the world’s largest smartphone markets. The new series includes Google’s first…
Huawei Set to Release AI Chip to Rival Nvidia Amid U.S. Sanctions
Huawei is reportedly set to launch a new artificial intelligence chip, the Ascend 910C, in a move that challenges Nvidia’s dominance in the AI chip market, despite ongoing U.S. sanctions.…
Tencent-Backed Airwallex Reaches $500 Million in Sales, Eyes IPO Readiness
Airwallex, a payments startup backed by Tencent, has reached a significant milestone with an annual revenue run rate of $500 million. CEO and co-founder Jack Zhang revealed the company’s aim…
Foxconn Surpasses Profit Expectations Amid AI Server Boom
Foxconn, the world’s largest contract electronics manufacturer and a key supplier for Apple, reported a stronger-than-expected 6% increase in quarterly net profit, fueled by the surging demand for AI servers.…
Tencent’s Profit Soars 82% as Gaming Division Drives Growth
Tencent, the Chinese tech giant, reported an 82% surge in its quarterly profit, driven by accelerated growth in its key gaming division. The company surpassed both revenue and profit expectations…
Hong Kong Court Mandates Financial Disclosures Amid Mantra Chain Controversy
In a significant legal development, the High Court of Hong Kong has ordered the disclosure of financial operations within Mantra Chain amidst an ongoing dispute involving Mantra DAO, Inc., its…
Singapore’s Syfe Secures $27M to Accelerate Growth in Key Markets
Singapore-based investment platform Syfe has secured $27 million in a Series C funding round to accelerate its growth across the Asia Pacific region, focusing on expanding its services in Singapore,…
CIRO Highlights Investor Protection in Canadian Stablecoin Regulations
At the Blockchain Futurist Conference in Toronto on August 13, Suzanne Lasrado, Vice President of Member Services and Innovation at the Canadian Investment Regulatory Organization (CIRO), discussed the stringent requirements…
ASIC Takes Legal Action Against ASX for Misleading Statements About Its Blockchain Project
The Australian Securities and Investments Commission (ASIC) has initiated a lawsuit against the Australian Securities Exchange (ASX), the nation’s primary stock exchange, in Federal Court. The legal action stems from…
Apple Wins Confidentiality Battle in India’s Antitrust Case
India’s antitrust authority, the Competition Commission of India (CCI), has taken the rare step of recalling two investigative reports concerning Apple’s alleged breaches of competition law. This move follows a…
Reliance, Disney Seek Faster Merger Approval with Channel Sales in India
Reliance Industries and Walt Disney have reportedly offered to sell a portion of their television channels to expedite antitrust approval for their proposed $8.5 billion merger of media assets in…
TikTok Introduces Group Chats with Safety Features for Teens
TikTok is rolling out a new Group Chat feature that allows up to 32 users per chat, with specific safety measures in place for teen users. The update aims to…
Pixel 8 Production in India Starts Rolling Out Ahead of Pixel 9 Debut
Google has started shipping its locally manufactured Pixel 8 devices in India, just days before the anticipated launch of the Pixel 9 series. This rollout follows nearly 10 months after…