Latest: Fintech News
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"
Blocking China-made equipment means higher costs and that's bad news for local telecom companies, says consultancy firm Com First in Delhi.
Closer ties with the EU ``would be very helpful for our companies for their attention towards and knowledge of Europe," said Taiwan Deputy Economy Minister Chen Chern-chyi.
The alliance will feature a joint laboratory, boosting the ability of Mercedes to provide self driving cars to the Chinese market, Pandaily said.
A trove of data files reveals how cab-hailing service "flouted laws, duped police, exploited violence against drivers and secretly lobbied governments" between 2013 and 2017, the Guardian story alleges.
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Southeast AsiaCan Singapore Oust Hong Kong To Be Asia’s Fintech Leader? -
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With a market cap of$240 billion, chipmaker ASML is Europe’s most valuable tech company. Its market-leading position comes from its monopoly in Extreme Ultraviolet Lithography (EUV) machines which allow chipmakers to make smaller, faster and smarter semiconductors
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PaymentsCan China Take Place of SWIFT System? Analysts Say ‘No’There is no global payment system that is strong enough to act as an alternative to SWIFT and enable Russia to evade sanctions
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MarketsChina Becomes World’s Second-Biggest Bitcoin Mining HubThe 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.
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Market InsightsHere’s How China Can Win the Tech War With USAThe Chinese government is doubling down on incentives for innovation, which it believes to be the cornerstone of its future growth and international position.
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Fintech InsightsAsia Becomes the Epicentre of Global NFTsAsia is the frontrunner in the NFTs craze with Central and Southeast Asia accounting for 35% of the $22 billion in global trade
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