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TikTok Under Investigation Over Data Privacy Concerns

Tiktok is, once again, under scrutiny for data privacy concerns by another government privacy watchdog. Ireland's Data Protection...

Grab Reports US$815 Million Net Loss in Q2 2021

The company behind Southeast Asia's most popular ride-hailing app, Grab, recently reported that it suffered a bigger net loss in the...

China To Break Up Ant Group’s Loan Business To Separate Joint Venture

Alipay's loan feature may soon get its app in the future, but not in the way Jack Ma's Ant Group wanted. A Financial Times report stated...

Japanese Automakers Report Production Decrease in October Due to Parts Shortage

Customers who wish to buy or are in line to buy a car from Japanese automobile manufacturers in the next few months may have to wait...

PayPal Acquires Japan Fintech Company Paidy in US$2.7B Acquisition Deal

PayPal will soon be expanding its operations in Japan after recently closing an acquisition deal with one of the country's leading...

China’s SMIC To Build an $8.87 Bln Semiconductor Chip Plant in Shanghai

China's Semiconductor Manufacturing International Corp. (SMIC) recently announced that it would invest US$8.87 billion to construct a...

China to Penalise Sellers of Fake Goods on Chinese E-Commerce Platforms

Chinese e-commerce companies will soon have another strong reason to remove counterfeit or fake goods on their websites quickly. China's...

Tianjin’s SASAC Advises Govt Firms To Move Data Into State-Controlled Cloud Services

Government firms in Tianjin were advised to start moving their data from cloud services owned by the private sector to the state-owned...

Samsung To Secure Lead on "Strategic Industries" Post COVID-19; Invests US$206 Billion

"Bold" mergers and acquisitions, as well as more investments, are on the horizon for Samsung as it expands its investment to 240 trillion...

Indonesia Launches Streamlined Online Business Licensing Platform In Bid To Attract More Investments

Indonesia launched the streamlined version of its online single submission (OSS) system on Monday, 9 August, a website that processes...

SG-Based Flexxon Partners With Lenovo to Launch World's First AI-Embedded Cybersecurity Laptops

Singapore-based industrial NAND flash storage solutions provider Flexxon announced its partnership with Lenovo to launch the world’s...

CCP Calls for Online Video Game Regulation, Re-Ignites Investor Fears

Chinese online video game firms have recently seen their share price take a beating due to the Chinese government calling online video...