Qoo10 payment glitch sparks $400M rescue plan for South Korean small businesses
In a dramatic turn of events, South Korea is stepping in with a whopping $400 million to rescue small businesses left reeling from a colossal [more…]
Category: China
U.S. Justice Department accuses TikTok of monitoring sensitive topics
In a twist that could shape the future of social media in the U.S., the Justice Department has accused TikTok of collecting data on sensitive [more…]
DeepL expands into Asia with traditional Chinese translation
DeepL, the German AI translation startup valued at a whopping $2 billion, has unveiled traditional Chinese as its newest language option. This strategic move is [more…]
iFlytek unveils ambitious A.I. investment plan in Hong Kong
In a leap towards global innovation, iFlytek, a pioneer in China’s artificial intelligence landscape, has unfurled a five-year, HK$400 million (US$51.2 million) investment plan in [more…]
Alibaba’s A.I Energy Expert powers Paris Olympics sustainability
In a bid to power towards an eco-friendly future, the Paris Olympics is set to make history as the first carbon-neutral Games, with a little [more…]
Northvolt’s bold expansion plans hit roadblock
Northvolt, a Swedish lithium-ion battery manufacturer, long heralded as a trailblazer in European battery cell production, is now navigating choppy waters. As carmakers worldwide shift [more…]
OpenAI to block China access in July
In a surprising twist, OpenAI has unveiled plans to cut off access to its tools and software in China starting in July, sparking a flurry [more…]
Huawei overtakes Samsung as foldable phone leader
In a stunning fold of technology fate, Huawei Technologies has usurped Samsung Electronics to claim the throne as the world’s best-selling foldable smartphone brand in [more…]
Chip Giants ASML and TSMC ready to disable machines in event of Chinese invasion
In a world where semiconductors are the lifeblood of technology, the delicate balance of geopolitical tensions and technological prowess has taken center stage. Recent revelations [more…]
SoftBank gears up for strong moves in A.I. and semiconductors after profit surge
SoftBank Group is charting a bold new course, buoyed by a second consecutive profitable quarter and a soaring asset value, including a significant boost from [more…]