China

China bares CBDC upgrade; Australia’s Project Acacia underway
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20 November, 2024

China bares CBDC upgrade; Australia’s Project Acacia underway

In a bid to boost CBDC adoption, China steps up its game by upgrading its digital yuan hardware wallet, while...
This Week in AI: US, China clash; Amazon eyes in-house chips
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15 November, 2024

This Week in AI: US, China clash; Amazon eyes in-house chips

China and the U.S. are butting heads anew over trade, while Amazon eyes to become a major player in the...
Alibaba lays off dozens from metaverse department: report
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7 November, 2024

Alibaba lays off dozens from metaverse department: report

Alibaba joins fellow Chinese tech giant Baidu in scaling down its interest in the metaverse, with AI replacing the hype...
This Week in AI: US tightens AI restrictions on China
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1 November, 2024

This Week in AI: US tightens AI restrictions on China

The U.S. issued a rule restricting American investments in China, Hong Kong, and Macau, specifically within industries like AI, semiconductors,...
Chinese researchers crack encryption with quantum computing
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18 October, 2024

Chinese researchers crack encryption with quantum computing

Led by Shanghai University’s Wang Chao, the scientists claimed that they had orchestrated the world’s first effective attack on the...
Is this a hint at what BRICS currency system will look like?
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14 October, 2024

Is this a hint at what BRICS currency system will look like?

Deputy Chairman of the State Duma, Alexander Babakov, dropped a hint in late September that BRICS could use blockchain technology...
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