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Japan e-commerce giant will buy cryptocurrency exchange
Sep 09,2023
Japan's largest e-commerce platform, Rakuten, announced that it will buy Everybody's Bitcoin Inc, a Japanese cryptocurrency exchange. Rakuten Group has expanded its business model by providing banking, securities, and insurance services, as well as v...
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DMM Group, the Japanese e-commerce giant, reveals plans to mine Bitcoins
Sep 09,2023
DMM Group, the Japanese e-Commerce giant, recently unveiled plans to mine Bitcoins, aiming to become one of the world's largest mining farms. The details of the plan will likely be revealed in the beginning of 2018, but DMM has already established a ...
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European Court of Justice rules on hyperlink case
Sep 09,2023
The Court of Justice of the European Union ruled that operators of websites linking to materials that infringe copyright can be found guilty of copyright infringement, if the operators knew or could reasonably have known that the material constituted...
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Western officials visit UAE to discuss sanctions over chips exports to Russia
Sep 07,2023
Senior government officials from the US, the UK, and the EU arrived in the United Arab Emirates (UAE) to voice their concerns over goods exported by the UAE to Russia that could potentially be used in military applications. According to a report by t...
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51st ASEAN Economic Minister Meeting
Sep 06,2023
Thailand hosted the 51st ASEAN Economic Minister Meetingand related meetings. The event was opened with Prime Minister Prayut Chan-o-cha's welcoming speech. He spoke highly of ASEAN's achievements, including ASEAN's Free Trade Area which promotes fre...
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ASEAN launches regionwide Digital Economy Framework Agreement
Sep 05,2023
The Association of Southeast Asian Nations (ASEAN) has initiated talks about a Digital Economy Framework Agreement (DEFA) to create and implement digital public infrastructure within its ten-member bloc. These negotiations began during an ASEAN Econo...
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US to continue selling chips to China, but not most advanced ones
Sep 05,2023
Gina Raimondo, the US Secretary of Commerce, announced on CNN that the United States 'will continue to sell chips to China, but not the most powerful ones', referring to advanced AI chips. Following a series of measures implemented late last year and...
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Future of TikTok in the Gulf
Sep 05,2023
TikTok is seeing phenomenal growth across the Gulf Cooperation Council (GCC), with the app ranking among top downloads in regional Apple and Google Play Stores, despite the controversy around the Chinese owned platform in the USA and elsewhere. Lates...
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5G in Cambodia
Sep 05,2023
Cambodia wants to be the first country in ASEAN to deploy 5G technology. Major telcos in Cambodia, such as SmartAxiata and Cellcard, are rolling out 5G base stations backed byHuawei Technologies and ZTE. Smart Axiata'sCEO said that equipment for Smar...
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The Hong Kong Internet Service Providers Association warns that restricting Internet access would be ruinous for the region
Sep 05,2023
According to anews report, Hong Kong Internet Service Providers Association (HKISPA) havein a statementwarned that any attempt by the authorities to restrict Internet access as a means of curbing protests "would start the end of the open Internet of ...
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BRICS summit produces outcome documents on trade cooperation
Sep 05,2023
The member countries of the BRICS -Brazil, Russia, India, China and South Africa -held a summit from 3 to 5 September. The Xiamen declaration, published at the end of the meeting, contains language on how to strengthen cooperation and covers topics f...
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Bahrain launches eFada certification system to enhance consumer protection in e-commerce
Sep 04,2023
Bahrain has launched eFada, a free certification system for e-commerce websites, with the aim of enhancing consumer protection and combating fraud. The system enables customers to easily determine whether a website is a registered and active business...
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