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The 29-year-old Bankman-Fried, now worth about $25 billion, is an advocate of better access to crypto and greater official oversight. He also believes in giving away a large chunk of his wealth
China's Dongfang Jingyuan Electron, which makes software for chip manufacturing procedures, has denied reports about alleged IP theft from Dutch lithography giant ASML Holding
Network gear maker Cisco Systems has made a takeover offer worth more than $20 billion for software maker Splunk Inc, the Wall Street Journal has reported
The company said it would invest 500 million rupees ($6.6 million) in the centre and hire more than 100 engineers with expertise in blockchain
Sales for 2021 were up 39% at a record $5.4 billion, propelled by a global shortage of chips and strong demand.
The carmaker faces scrutiny from regulators who have accused it of pushing safety limits and discrimination against African-Americans and women
The Japanese car giant's earnings have been boosted by a weaker yen, but the semiconductor shortage has hit its production figures
China remained at the top of the rankings with 69,540 filings, a mere 0.9% increase over 2020 following a 16% jump that year over 2019
“We’re making significant investments ... that will pay off in the long term,” she said, referring to the metaverse, and signalling a short-term slowdown
Xpeng first entered Europe when it launched in Norway in 2020 and the company said it will open a store in Stockholm this week
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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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