China, US and EU agree to work together on AI safety at UK summit
By Paul Sandle, Martin Coulter BLETCHLEY PARK, England (Reuters) – China agreed to work with the United States, European Union and other countries to collectively manage the risk from artificial…
Ransomware groups: here are the most dangerous and how they operate
Ransomware groups are becoming an increasingly lucrative industry for criminals who exploit companies’ vulnerabilities and take their data hostage for ransom. According to data from Check Point Research, economic damages for ransomware…
Panasonic cuts battery unit’s profit outlook, warns on high-end EV sales
By Daniel Leussink TOKYO (Reuters) – Panasonic Holdings, which supplies Tesla, said on Monday it had cut automotive battery production in Japan in the September quarter and shrank the division’s…
SK Hynix says AI boom will drive profits after Q3 loss narrows
By Joyce Lee and Heekyong Yang SEOUL (Reuters) – South Korea’s SK Hynix said a boom in artificial intelligence will drive chip profits after posting a sharply narrower third quarter…
Esports debuts on Asian games – what’s next?
Esports, which stands for Electronic Sports, refers to competing in video games, including players, leagues, and contests. Different from recreational players, seizing a victory in a game is a career…
Samsung Q3 profit set to slump 80% as chip losses persist
By Joyce Lee SEOUL (Reuters) – Samsung Electronics’ third-quarter profit is expected to drop 80% from a year earlier as the effects of an ongoing global chip glut drive losses…
Most popular VPN services in Asia
Asia VPN: Virtual private networks, VPNs for short, are methods that make secure connections between servers and devices. Since its introduction in the United States a couple of decades ago,…
‘Isegye Festival’: Virtual artists connect with fans in the real world
A joint concert of virtual and human artists took place for the first time in South Korea. Isegye Festival: Virtual reality has become an unavoidable wave in Korean pop culture,…
LG Chem partners with Huayou Group to build joint LFP cathode plant in Morocco
By Heekyong Yang SEOUL (Reuters) – South Korea’s LG Chem Ltd said on Sunday it has entered into partnership with China’s Huayou Group‘s subsidiary Youshan to build a joint electric…
Virtual banks in Asia are on the rise
Like Revolut or Monzo in Europe, virtual banks have become popularised in several Asian countries. As of 2023, China, Japan, and South Korea have some of the most prominent digital…