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Apple commences iPhone 15 production in India
Aug 16,2023
EXCERPT :This move is aimed at rapidly increasing the volume of new iPhones manufactured in India and reducing the time gap between its India operations and main manufacturing base in China. Apple is commencing production of its next-generation iPho...
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China warns Germany of economic risks over 5G ban contemplation
Aug 15,2023
China's Ambassador to Germany, Wu Ken, has issued a warning, stating that China will not stay passive if Germany decides to ban Chinese telecommunication firms from participating in the construction of the country's 5G network, without providing conc...
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USA will regulate companies that track and sell personal data
Aug 15,2023
The US Consumer Financial Protection Bureau (CFPB) is unveiling plans for regulating companies that track and sell personal data on 15 August. The consumer watchdog will be setting out steps to guarantee that the modern-day data brokers of the survei...
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Singapore's new regulation to enhance stability of single-currency stablecoins
Aug 15,2023
Singapore's Central Bank, the Monetary Authority of Singapore (MAS), announced a regulatory framework aimed at enhancing the stability of single-currency stablecoins. Single-currency stablecoins are a form of cryptocurrency that is backed by a tradit...
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Vietnam approves Smart Rural Development Programme
Aug 15,2023
Aiming at enhancing the rural economy, improving rural living standards, and bridging the gap in service quality between rural and urban areas, the government of Vietnam endorsed a national programme for smart rural development with a special focus o...
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Coca-Cola releases 'Masterpiece' NFT collection
Aug 14,2023
Coca-Cola has released a new NFT collection on Base, Coinbase's Ethereum Layer 2 network, featuring classic and contemporary artworks combined with the company's iconic signature bottle to create a unique onchain collectible. Pitched as the 'Masterpi...
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US bans chips, quantum and AI investment in China
Aug 11,2023
EXCERPT : The ban aims to prevent American resources and expertise from aiding China in developing military technologies that could threaten US national security President Joe Biden signed an executive order that grants the US Treasury Secretary the ...
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EU to analyse US ban on China tech investments
Aug 10,2023
The European Commission announced that it will analyse the recent US ban on new US investment in China's sensitive technologies. On Wednesday, US President Joe Biden signed an executive order restricting or prohibiting US investments in Chinese entit...
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Alibaba challenges Meta and OpenAI with Open-Sourced AI model launch
Aug 08,2023
Alibaba, the prominent Chinese technology company, has introduced an openly available AI model, thus challenging the strategies pursued by Meta and potentially entering into competition with OpenAI. Alibaba's language model, named Tongyi Qianwen, was...
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European Commission investigates Adobe's proposed acquisition of Figma
Aug 07,2023
The European Commission has launched an extensive investigation into Adobe's proposed acquisition of Figma, a rival digital design software, citing concerns about reduced competition in the global markets for interactive product design software and d...
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Meta launches AudioCraft: a suite of generative AI models for audio and music creation
Aug 04,2023
Meta recently launched a new AI tool that transforms the landscape of audio and music production. AudioCraft comprises a plethora of generative AI models-MusicGen, AudioGen, and EnCodec-enabling users to effortlessly create top-tier audio and music f...
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Egypt institutes new digital ID checks on certain fintech transactions
Jul 31,2023
In a move to strengthen the security and efficiency of Non-Banking Financial Services and Activities (NBFSA), Egypt's Financial Regulatory Authority (FRA) has recently issued a series of significant decrees centred around the adoption of financial te...
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