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Foreign-branded phone shipments in China more than doubled on year in Nov, CAICT data shows

Shipments of foreign-branded mobile phones, including Apple’s iPhones, rose 128.4% in China in November from the same month last year, according...

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China says it hopes firms seek lawful, balanced solutions over TikTok deal

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Nvidia to buy AI chip startup Groq for $20 billion, CNBC reports

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/ 2 months ago

Trading platform eToro beats profit estimates as retail investors ride market boom

Stock and crypto trading platform eToro beat estimates for third-quarter profit on Monday as retail investors maintained their buying streak despite...

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/ 2 months ago

Crypto treasury companies pivot to fringe tokens, stoking volatility fears

As companies focused on stockpiling bitcoin and other major cryptocurrencies come under pressure amid market saturation and souring sentiment, new entrants...

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/ 2 months ago

Bank of England proposes new rules for stablecoins

The Bank of England said on Monday that issuers of systemic stablecoins would be able to invest up to 60% of...

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/ 2 months ago

Thailand says approves $3.1 billion of data centre investments

Thailand on Monday approved four data centre projects worth $3.1 billion, the Board of Investment said on Monday.Read More

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/ 2 months ago

Germany’s Northern Data gets buyout proposal from Rumble

Northern Data said on Monday that video platform Rumble has made on offer to acquire the German AI cloud company.Read More

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/ 2 months ago

China’s internet firms cautiously revive lending as Beijing pushes consumer loans

China’s internet platforms are quietly reviving consumer lending, taking Beijing’s push to make household borrowing cheaper as a signal that regulators...

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/ 2 months ago

China grants exemptions to export curbs on Nexperia chips for civilian use

China has granted exemptions to export controls on Nexperia chips for civilian applications, the commerce ministry said on Sunday in a...

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/ 2 months ago

Italy’s banks back digital euro, want costs spread over time

Italian banks support the European Central Bank’s digital euro project but want investments required by them to implement it to be...

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/ 2 months ago

Nvidia CEO Huang sees strong demand for Blackwell chips

Nvidia CEO Jensen Huang said on Saturday the semiconductor giant’s business was growing strongly and it was experiencing “very strong demand”...

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/ 2 months ago

Mistrial declared for MIT-educated brothers accused of $25 million cryptocurrency heist

A federal judge on Friday declared a mistrial in the case of two Massachusetts Institute of Technology-educated brothers charged with carrying...

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