Nvidia reports Q1 revenue up 262% YoY to $26.04B, vs. $24.65B est., forecasts Q2 revenue above est., and plans a 10:1 stock split on June 7; NVDA jumps 5%+
Nvidia shares topped $1,000 for the first time in extended trading on Wednesday after the chipmaker reported fiscal first-quarter results that topped analyst estimates.
South Korea announces a ~$19B support package for its domestic chip industry, aiming to help boost its global market share in non-memory chips from 2% to 10%
South Korea announced on Thursday revised plans for a support package for the country's vital semiconductor industry worth 26 trillion won …
A look at the global outreach of India's UPI, which has expanded to seven other Asian countries and now lets Indian tourists buy tickets at the Eiffel Tower
signs that show UPI is accepted there — could take up to 12 months and only then will transaction traffic pick up. India Edition by @menakadoshi LinkedIn: Menaka Doshi : 🌏Seven don...
The RBI's clampdown on Paytm has created confusion for millions of customers and raises questions about the Indian central bank's opacity and regulatory actions
The RBI's clampdown on Paytm has created confusion for millions of customers and raises questions about the Indian central bank's opacity and regulatory actions
Multiple Penalties, Yet Stakeholders Stunned By Paytm Bank Wreck. Why? — The financial meltdown of a digital payments pioneer …
How Sea, one of Southeast Asia's largest internet companies that burned billions per year for market share, made huge cuts to turn its first profit in 14 years
Just over a year ago, Forrest Li was laid up in bed with Covid, fretting about the future of his company, Sea Ltd. So he propped himself …
Researchers call for transparency on AI tools' carbon footprint; training GPT-3 took an estimated 1.287 GWh of electricity, or what ~120 US homes use in a year
Bloomberg : Tweets: @zachweinberg , @dinabass , @izzyz , @sjmmcd , @brianjjackson , @doctorow , @mattmday , @environment , @katekayereports , @nic__carter , @tante , @bigblackjaco...
An interview with the co-founder of Vietnamese unicorn VNG, which offers games and services like Zalo, a messaging app that had 74M+ MAUs in Vietnam in February
An interview with the co-founder of Vietnamese unicorn VNG, which offers games and services like Zalo, a messaging app that had 74M+ MAUs in Vietnam in February
Bloomberg : Tweets: @bloombergasia and @yoolimleenews Tweets: @bloombergasia : A Vietnamese internet startup that's successfully defended its home market of 100 million people aga...
Anycolor, a talent agency managing ~140 creators behind virtual YouTube stars, has seen its stock jump 8x since its June IPO in Tokyo and is valued at ~$2.5B
Bloomberg : Tweets: @leeminjeong83 and @bloombergasia Tweets: Min-Jeong Lee / @leeminjeong83 : Virtual YouTube stars are gaining traction in Japan. A talent agency, Anycolor, mana...
Netflix tests charging users in five Latin American countries an extra fee if they use their account for more than two weeks outside of their primary residence
Netflix Inc. will ask customers in five Latin America countries to pay a fee if they want to use their account in an additional home …
A US judge requested data from British and Chinese government agencies about TikTok, WeChat, and Telegram to help Meta defend itself in its FTC antitrust suit
Malathi Nayak / Bloomberg :
Fasset, which lets users in emerging markets to buy and sell digital assets easily and conveniently, raises a $22M Series A led by Liberty City and Fatima Gobi
Fasset, a digital-asset gateway, is planning a major expansion in some areas of the Islamic world, as it seeks to boost the adoption …
Sources: Sequoia India's Shailendra Singh leaves fashion marketplace Zilingo's board, amid a probe into its accounting methods and suspension of CEO Ankiti Bose
Sequoia Capital India's Shailendra Singh has stepped down from the board of troubled Zilingo Pte following questions …
Despite Amazon spending almost a decade and $2B+ developing drone delivery services, sources say it's still beset by technical challenges, safety concerns, more
Jeff Bezos went on 60 Minutes in 2013 and pledged to fill the skies with a fleet of delivery drones that could zip parcels to customers' homes in 30 minutes.
A look at TokenSniffer, a website tracking cryptocurrency scams that claims to have tracked 42,071 tokens and 2,250 scams or hacks as of June 16
Billions are getting pilfered annually through a variety of cryptocurrency scams. The way things are going, this will only get worse.
Facebook says it has planned two new undersea cables in a project with Google and local telcos to connect Singapore, Indonesia, and North America
Bilibili drops more than 6% in its Hong Kong debut early Monday after raising $2.6B
Bloomberg :
Sources: ByteDance is exploring a sale of India operations of TikTok to rival unicorn Glance, in talks initiated by SoftBank, a backer of Glance's parent InMobi
Sources: ByteDance is exploring a sale of India operations of TikTok to rival unicorn Glance, in talks initiated by SoftBank, a backer of Glance's parent InMobi
Saritha Rai / Bloomberg :