The Latest from Rita Liao
Pix Moving brings robovans to Japan, eyes DAO-based EV making
A company from China is ready to capture Japan’s demand for autonomous service vehicles as robots play an increasingly important role to address the aging society’s labor shortage. Pix Mov
Japan’s gaming blockchain builder Oasys raises $20M in private token sale
Veterans from the established gaming world are flocking to web3. Whether they do it out of a fear of missing out or genuine belief in blockchain technologies, the trend appears irreversible at least f
With maiden $42M fund, Bonfire Union wants to invest in web3 like Tencent does in Web 2.0
Mask Network, a Binance-backed startup that enables users to send cryptocurrencies and encrypted messages on established internet platforms like Twitter, has an ambitious goal: to become the corporate
Nothing can’t resist the NFT hype, and its fans are questioning
Nothing, the consumer tech company started by OnePlus co-founder Carl Pei and known for its aggressive marketing, unveiled a non-fungible token project called Black Dot. Its fans are skeptical. Black
Sequoia Capital China raises $9B amid cooling tech sector
Sequoia Capital’s China affiliate has pulled in $9 billion in fresh capital to back the country’s tech companies across all stages, The Information first reported. The raise arrived at a t
Founder of auto giant Geely buys Meizu as smartphone demand weakens
Remember Meizu, the once-promising competitor to Xiaomi? The Alibaba-backed Chinese smartphone maker is making a comeback — in a way — as it gets acquired by the founder of Geely, China
Despite crypto ban, China’s tech talent rides the global web3 wave
Despite China’s sweeping bans on cryptocurrencies, domestic web3 talent is quietly flourishing, with many venturing beyond the country’s border. From offering crypto derivative products to
China’s tech giants promise speculation-free NFTs
The future of non-fungible tokens is getting more clarity in China as the country’s tech giants come together to formulate standards for the nascent industry. The China Cultural Industry Associa
NFT giant OpenSea reports major email data breach
Update (July 8, 12:15 PM IST): Opensea vendor consumer.io revealed today that customer data of five other companies were also compromised. While the firm didn’t name these clients, it said it ha
Tesla veterans’ Industrial Next picks up $12M to automate EV production
Elon Musk is unabashed about his obsession with manufacturing. Over the years, Tesla has gradually gained recognition in the manufacturing world through improving its production quality. Now two Tesla
Battery giant Anker backs programmable robot maker Keyi
The promise of STEAM robots, which are billed to increase children’s interest in science, technology, engineering, arts and mathematics (STEAM), has been around for years. The market is teeming
Influencers peddling medical, financial advice now need certification, China says
China has taken another step to regulate how online influencers impart information to their followers. The government has put a great deal of effort into moderating digital content over the years. The
Cloudflare outage hit crypto exchanges FTX, Bitfinex and more
A Cloudflare outage on Tuesday knocked out numerous popular web services, including major crypto exchanges FTX, Bitfinex and OKX, raising questions about the security of centralized crypto platforms.
Iran to cut electricity to authorized crypto miners
Iran’s relationship with the crypto mining sector is a love-hate one. The government is again restricting crypto mining activity as it tries to ease the strain on the country’s power suppl
Alibaba extends logistics arm to Pakistan for e-commerce unit Daraz
Cainiao, the logistics service operated by Alibaba, is launching two automated distribution centers in Karachi and Lahore as its first entry into Pakistan, it announced on Friday. Alibaba’s over
Crypto exchange Huobi Thailand closing down in July after license revoked
Huobi Thailand will shut down its exchange permanently on July 1, according to an announcement posted on its website. This marks the exchange’s short-lived ambition in the Southeast Asian countr
Amid market turmoil, crypto exchange Kraken says it’s filling 500+ roles
While several major crypto trading platforms are making large-scale layoffs and freezing hiring, some of their rivals have rushed to reassure their staff and the public that they are sticking to their
In Southeast Asia, a booming crypto scene
Southeast Asia, a diverse region with an expanding population and rising income, is emerging as a popular destination for crypto entrepreneurs and investors hunting down high-growth startups in the sp
Meta Pharmaceuticals lands $15M to make autoimmune drugs with AI, new immuno-metabolism tech
Biotech startup Meta Pharmaceuticals sets itself an ambitious goal as it secures its initial investment. The Shenzhen-based company, which sets out to develop treatments for autoimmune diseases with t
Duolingo back in China app stores after 1 year, with a local twist
Duolingo, the Nasdaq-listed language learning app, is back in China’s Apple App Store and Android stores nearly a year after it disappeared from the country’s app stores. Users in China fo