Taiwan has told Foxconn it must seek permission to invest in Tsinghua Unigroup, after reports that a China-listed subsidiary wants to invest $1.5bn as part of its push into computer chips
The departure of Karpathy, who provided no reason for leaving, comes at a critical time as Tesla chief executive Elon Musk races to achieve full self-driving capability
The crypto lender said its Chapter 11 filing means it would not seek permission to let customers withdraw from their accounts but would continue other operations
The Singapore-based hedge fund, which was reported to have $10 billion in cryptocurrency earlier in 2022, filed for bankruptcy in the British Virgin Islands in late June
The firm - founded by Australian videogaming entrepreneurs - said the funding was backed by Liberty City Ventures and Kingsway Capital
TikTok said its staff in China were able to access Australian users' data but added that "our security teams minimise the number of people who have access to data"
The new guidance shows when existing payment sector rules should apply to large stablecoins, marking a major step forward in applying "same risk, same regulation"
There is no global payment system that is strong enough to act as an alternative to SWIFT and enable Russia to evade sanctions
The Bitcoin mining ban in China last year had collapsed its crypto markets. Despite that, the country has reemerged as a major bitcoin mining hub, according to research by the UK's University of Cambridge.
The Chinese government is doubling down on incentives for innovation, which it believes to be the cornerstone of its future growth and international position.
Asia is the frontrunner in the NFTs craze with Central and Southeast Asia accounting for 35% of the $22 billion in global trade