- May 12th, 2025
South Korea’s Personal Information Protection Commission (PIPC) has fined US tech giant Meta $15.6 million (21.6 billion won) for illegally harvesting sensitive data from nearly a million South Korean Facebook users. The data, including personal information about users' sexual orientation,...
Vietnam's northern Bac Ninh province, a factory owned by IBE Electronics stands as a testament to the shifting dynamics of global manufacturing. Counting major players like U.S.-based electric vehicle (EV) giant Tesla among its clients, the company has become a...
Despite a nationwide ban on Apple’s iPhone 16, investors barely batted an eye. Indonesia’s decision came after Apple failed to meet local investment requirements, underscoring a mismatch in priorities between the world’s fourth-most populous nation and the world’s most valuable...
The Federal Communications Commission (FCC) has announced an upcoming vote on the security review of the vast global network of undersea communications cables. These cables, responsible for transmitting an estimated 95% of the world's international internet traffic, are essential to...
Coinbase Global Inc., the largest cryptocurrency exchange in the United States, announced an unexpected third-quarter profit on Wednesday, driven by a surge in trading volumes as cryptocurrency continues to inch into the mainstream of the financial industry. The company’s profitable...
Advanced Micro Devices (AMD) experienced a sharp 8% decline in stock value on Wednesday following a quarterly revenue forecast that failed to meet investor expectations for accelerated growth in artificial intelligence (AI). Despite a substantial 156% increase in stock value...
To countering perceived threats to national security, the Biden administration has finalized rules to restrict U.S. investments in sensitive Chinese technologies. The new guidelines, announced by the Treasury Department on Monday, October 28, will effectively prohibit U.S.-based firms, citizens, and...
Taiwan's TSMC pauses shipments to chip designer Sophgo following discovery of its chip in Huawei's AI processor, intensifying scrutiny over U.S. export restrictions. Taiwan Semiconductor Manufacturing Company (TSMC) has suspended shipments to the Chinese chip design firm Sophgo. This action...
The corporate investment landscape, Microsoft, valued at over $3 trillion, has been thrust into discussions about potentially investing in bitcoin. According to a new filing with the U.S. Securities and Exchange Commission (SEC), the technology giant will be evaluating a...
The recent revelation that Taiwan Semiconductor Manufacturing Co. (TSMC) produced a 7-nanometer chip found in an artificial intelligence (AI) accelerator product by Huawei, a Chinese telecommunications company under strict U.S. sanctions, has sparked widespread controversy. The situation has drawn the...
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