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Nvidia CEO Jensen Huang has revealed plans to open an AI R&D center in Vietnam and acquire VinBrain, Vingroup’s AI unit, to boost AI development in the country.
Nvidia Agrees to Open Vietnam AI Center in Southeast Asia Push
Nvidia Corp.’s founder and Chief Executive Officer Jensen Huang agreed to open an artificial intelligence research and development center in Vietnam as the company steps up its presence in Southeast A...
www.bloomberg.com
December 5, 2024 at 3:18 PM
Vietnam has ordered Chinese retailer Temu to suspend operations after missing a November deadline for business registration. Temu, owned by PDD Holdings, launched in Vietnam in October and now faces potential blocking of its domains and apps.
Vietnam suspends Temu operations over registration issues
Chinese online retailer Temu has been told to suspend its operations in Vietnam after it failed to meet an end-November deadline for business registration in the Southeast Asian country, the Vietnamese trade ministry said on Thursday.
www.reuters.com
December 5, 2024 at 5:51 AM
The EU plans to crack down on a surge of packages from Asian retailers like Temu and Shein, considering a revenue tax and per-item fees to curb ecommerce that bypasses customs checks.
EU set to crack down on Asian online retailers Temu and Shein
Brussels considering a tax to slow surge of goods sold on sites that evade custom duties and checks
www.ft.com
December 5, 2024 at 1:46 AM
North Korean hackers stole $16M from the Bahrain-based cryptocurrency exchange Rain.com by using fake recruiters on LinkedIn to trick an employee into installing malware.
How North Korean Hackers Pilfered $16 Million From A Crypto Exchange Via LinkedIn
Fake recruiters on LinkedIn duped a Rain.com employee into installing malware, leading to millions in losses.
www.forbes.com
December 5, 2024 at 1:32 AM
Japan’s Fair Trade Commission raided Amazon Japan over alleged anti-monopoly violations. The company is accused of pressuring sellers to lower prices in exchange for favourable product placement on its e-commerce platform.
Japan competition authorities raid Amazon Japan, source says
Japan's Fair Trade Commission on Tuesday conducted an on-site inspection of Amazon Japan on suspicion of violating anti-monopoly laws, a government source said.
www.reuters.com
November 26, 2024 at 5:33 AM
Apple faces challenges in launching its AI models in China, as a top Beijing official warns that foreign firms must partner with local groups to navigate a “difficult and long process” for approval.
Apple faces ‘difficult’ process to launch its own AI in China
Official at top tech regulator says path to approval easier if iPhone maker finds local partners
www.ft.com
November 26, 2024 at 5:25 AM
Esports hotels are booming in China, with over 21,000 offering bunkbeds, 24/7 tech support, and high-end consoles for group gaming. The trend is spreading across Asia—Hong Kong, Japan, Malaysia, and Singapore—driven by gaming’s rising popularity and professional leagues with million-dollar prizes.
Diehard Gamers Are Fueling Demand for Esports Hotels in China
With bunkbeds, 24/7 tech support and state-of-the-art consoles, China’s 21,000 esports hotels cater to gamers who prefer to play together.
www.bloomberg.com
November 25, 2024 at 1:18 AM
China's Cyberspace Administration has launched a crackdown on unfair online practices to protect netizens and businesses. From now until Feb. 24, 2025, regulators will target issues like information cocoons from push notifications, manipulated rankings, and infringements on online business rights.
China to Crack Down on Unfair Algorithm-Based Internet Practices
The Chinese government has started a special program to crack down various unfair and non-compliant practices on the internet to safeguard the interests of netizens and companies, according to a state...
www.bloomberg.com
November 24, 2024 at 9:53 AM
The Philippine Army is enlisting young tech talent to combat cyber threats, many linked to China, as the nation remains highly vulnerable online.
The Philippine army is recruiting young tech civilians to fight cyber attacks
The country is among the most vulnerable to online threats, many of them from China. To fight back, the army is recruiting IT professionals.
restofworld.org
November 21, 2024 at 1:29 PM
Chinese lab DeepSeek has unveiled DeepSeek-R1, a "reasoning" AI model rivaling OpenAI's o1. It excels at self-fact-checking by taking extra time to process queries, reducing errors. Like o1, it uses step-by-step reasoning for tasks, sometimes taking seconds to respond based on complexity.
A Chinese lab has released a 'reasoning' AI model to rival OpenAI's o1 | TechCrunch
DeepSeek, a Chinese AI lab backed by a quant hedge fund, has released a 'reasoning' model that it claims rivals OpenAI's o1.
techcrunch.com
November 21, 2024 at 1:12 AM
Apple has disclosed rare details about its App Store revenue in China amid scrutiny over its commission fees. According to a report cited on its website, the App Store generated 3.76 trillion yuan (US$519 billion) in 2023, with over 95% paid to Chinese developers and companies.
Apple reveals App Store revenue share in China as Huawei rivalry grows
The US giant says most of its App Store revenues in China are paid to developers and companies.
www.scmp.com
November 20, 2024 at 1:01 PM
Japan plans a $65-billion boost in microchips and AI to reclaim its global tech leadership and address challenges from its ageing population.
Japan ramps up tech ambitions with $65 bn for AI, chips
Japan is readying a $65-billion push in microchips and artificial intelligence aimed at reclaiming its status as a global tech leader and meeting the urgent challenges of its ageing, shrinking populat...
www.yahoo.com
November 20, 2024 at 7:09 AM
CrowdStrike has uncovered a China-linked hacking group, Liminal Panda, targeting telecom networks since 2020 to spy on text messages and call metadata. The group uses custom tools to exploit network interoperability, breaching multiple telecoms.
Unveiling LIMINAL PANDA - Threats to Telecom Sector | CrowdStrike
Cyber threat LIMINAL PANDA has targeted telecommunication entities since at least 2020. Learn key traits, targets and tactics!
www.crowdstrike.com
November 20, 2024 at 12:43 AM
Huawei’s plans for advanced AI and smartphone chips face US sanctions, stalling China’s tech ambitions. Its upcoming 7nm Ascend processors are limited by ASML restrictions.
China’s Chip Advances Stall as US Curbs Hit Huawei AI Product
Huawei Technologies Co.’s ambitions to create more powerful chips for AI and smartphones have hit major snags because of US sanctions, stalling a major Chinese effort to match American technology.
www.bloomberg.com
November 19, 2024 at 10:56 AM
China's top tech firms, including Alibaba, ByteDance, and Meituan, are expanding in Silicon Valley to hire AI talent, despite US restrictions aimed at curbing China's tech growth.
Chinese tech groups build AI teams in Silicon Valley
Alibaba, ByteDance and Meituan seek to poach top talent from US rivals despite Washington’s chip curbs
www.ft.com
November 19, 2024 at 4:23 AM