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RedNote Emerges as Rare Platform for US-China Cultural Exchange
BEIJING - As TikTok faces a potential U.S. ban, nearly 3 million Americans have flocked to RedNote (Xiaohongshu), creating an unexpected space for candid cross-cultural dialogue that has tested China's usual…
India’s Space Ambitions Hit Funding Hurdle as Investment Drops 55%
India's space sector, despite recent historic achievements, saw funding plummet to $59.1 million in 2024—a stark 55% decline from the previous year's $130.2 million. This marks the first decline in five years for a…
Crypto Industry Seeks Day-One Action from Trump Administration on Digital Assets
The cryptocurrency industry is actively lobbying President-elect Donald Trump's transition team to implement sweeping policy changes through executive orders when he takes office in January, according to industry…
Worldcoin Must Delete All Iris Scanning Data, German Regulator Rules
MADRID - The German data protection authority BayLDA has ruled that Worldcoin must delete all iris scanning data collected since the project's inception, a decision cited by Spain's data protection watchdog AEPD on…
Quantum Computing Milestone
The Willow chip demonstrates an extraordinary computational capability: Solved a computing problem in five minutes that would take a classical computer longer than the universe's entire history Developed a method to…
TikTok Shop Shows Strong Holiday Sales Despite Potential Ban Threat
NEW YORK - TikTok Shop, the e-commerce platform launched in September 2023, is experiencing significant growth during the holiday shopping season, with users spending heavily on merchandise from various brands and vendors. …
Qatar Commits £1 Billion to UK Climate Technology Investments
LONDON - Qatar has announced a £1 billion ($1.3 billion) investment in climate technology in the United Kingdom, with engineering giant Rolls-Royce set to be a primary beneficiary of the funding, the British government…
Australia Approves Strict Social Media Ban for Minors
SYDNEY - Australia has approved a landmark social media ban for children under 16, a move that has sparked intense debate and drawn mixed reactions from the public, tech companies, and policymakers. Key Details of the Ban …
South Korea Pledges $10 Billion in Loans to Bolster Chip Industry
SEOUL - South Korea plans to roll out 14 trillion won ($10 billion) in low-interest loans next year to support its semiconductor industry, the finance ministry announced on Monday, citing challenges from Chinese competition…
Amazon Doubles Down on AI, Investing an Additional $4 Billion in Anthropic
Amazon has significantly deepened its commitment to generative artificial intelligence (GenAI), pumping another $4 billion into Anthropic, a startup best known for its AI chatbot, Claude. This latest investment doubles…