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A monkey wrench is about to be thrown into the already complicated transition that the Ethereum blockchain is slated to go through soon. In as early as September, Ethereum is expected to undergo a major software upgrade dubbed the Merge, Read more
Baidu Inc. has won approval to deploy the first fully autonomous self-driving taxis on China’s roads, giving it an edge over rivals like Pony.ai Inc. and XPeng Inc. The tech giant has secured permits to operate robotaxis in Wuhan and Read more
Asia crypto exchange Zipmex Pte will allow users to partially withdraw Bitcoin and Ether from their trading accounts starting later this week, providing some relief to those caught by the recent meltdown in the digital asset market. Zipmex, which halted Read more
SoftBank Group Corp. reported a record 3.16 trillion yen ($23.4 billion) net loss as a selloff in global tech stocks continued to hammer its Vision Fund’s portfolio of investments. The Vision Fund segment posted a loss of 2.33 trillion yen Read more
Trustar Capital, a Chinese private equity firm, is considering selling its stake in telecommunications software and IT services provider AsiaInfo Technologies Ltd., according to people familiar with the matter. The affiliate of Citic Capital Holdings Ltd. is working with advisers Read more
Japan should reduce corporate taxes on crypto to prevent entrepreneurs leaving the country, one of the nation’s most high-profile crypto businesspeople said. “At least 20 or more” firms have opted to establish their crypto business abroad rather than Japan because Read more
Italy’s Maire Tecnimont SpA says it’s working on a unique solution to help reduce dependency on Russian natural gas: garbage recycling. The technology and engineering conglomerate is working on what it calls the Green Circular District, a way to recover Read more