Singapore to allow virtual banks as part of move to open up market
Singapore’s central bank plans to issue up to five digital bank licenses to suitable applicants, in a move that could deliver the biggest shake-up in...
Apple moves Mac Pro production to China from U.S.: WSJ
Apple Inc is shifting manufacturing of its new Mac Pro computer to China from the United States, the Wall Street Journal reported, citing people familiar...
Google announces new subsea cable ‘Equiano’, connecting Africa and Europe
Alphabet Inc’s Google on Friday announced a new subsea cable dubbed “Equiano” that will connect Africa with Europe, as it boosts its cloud computing infrastructure....
UK’s Johnson says Huawei must not jeopardize intelligence-sharing
Boris Johnson, the front-runner to be Britain’s next prime minister, said Britain should not allow its relationship with Chinese networks firm Huawei to jeopardize intelligence-sharing...
Data and cheap labor fuel China’s AI dreams
An industry surrounding data collection is flourishing in China as Beijing pursues its ambitions for a future in AI. Michelle Hennessy reports....
India’s Flipkart to replace 40% of its delivery vans with EVs
Walmart Inc’s Indian unit Flipkart said late Thursday it plans to replace nearly 40% of its current fleet of delivery vans with electric vehicles (EVs)...
Vietnam’s Vingroup in deal with Fujitsu unit, Qualcomm to make 5G phones
Vingroup JSC, Vietnam’s biggest-listed firm by market value, said on Friday it had signed a deal with Qualcomm and a unit of Japan’s Fujitsu Ltd...
Five Japanese automakers sign on to SoftBank-Toyota self-drive venture
Five Japanese automakers including Suzuki Motor Corp and Mazda Motor Corp on Friday said they would each invest 2% in the on-demand, self-driving car service...
Toshiba Memory says central Japan chip plant to resume full production by mid-July
Toshiba Memory Corp, the world’s second-biggest producer of NAND flash memory chips, said on Friday its plant in central Japan will resume full production by...
Faces for cookware: data collection industry flourishes as China pursues AI ambitions
In a village in central China’s Henan province, amid barking dogs and wandering chickens, villagers gather along a dirt road to trade images of their...