Japan
Analysis: Sony faces deep-pocketed rivals in war over future of gaming
Sony Group, perched atop the gaming sector, is facing a fresh challenge from cash-rich rivals betting on a next-generation online video game boom as the Japanese conglomerate eyes ...
Taiwan govt OKs Taiwan Semiconductor’s new chip plant in Japan
Taiwan Semiconductor Manufacturing Co has received approval to set up a chip plant in Japan, Taiwan’s investment commission of the ministry of economic affairs, which approve...
FTC sues to block Nvidia deal to buy Arm
The US Federal Trade Commission has sued to block US chip company Nvidia Corp’s more than $80 billion planned acquisition of British chip technology provider Arm, adding to a...
Cryptocurrency exchange Coinstore enters India despite pending curbs on trade
Singapore-based virtual currency exchange Coinstore has begun operations in India at a time when the Indian government is preparing legislation to effectively bar most private cryp...
Consortium of Japanese firms to test launch digital currency
A consortium of roughly 70 Japanese firms, including the country’s three mega-banks, will begin experiments to launch a digital currency as early as the latter half of 2022, ...
SoftBank dragged into red by falling Vision Fund valuations
SoftBank Group Corp reported a 397 billion yen (approximately $3.5 billion) net loss for the July-September quarter, dragged down by a $10 billion investment loss at its Vision Fun...
UK FinTech Zopa hits $1 billion valuation with SoftBank investment
British digital bank Zopa has raised $300 million from investors including SoftBank Group, it has said, as the lender looks to expand its business ahead of a possible listing as so...
US judge orders Apple to ease App Store rules
A federal judge in the US has struck down some of Apple’s App Store rules, forcing the company to allow developers to send their users to other payment systems in a partial w...
Softbank agrees strategic share swap pact with Deutsche Telekom
Deutsche Telekom has struck a share-swap deal with Softbank Group to increase its stake in US unit T-Mobile and sold its Dutch unit in a major restructuring that strengthens the Ge...
Apple offers small concession in easing App Store rules for Netflix, others
Apple Inc further loosened App Store rules, allowing some content companies like Netflix Inc to provide links to their websites so customers can sign up for paid accounts.
Banks take steps to reduce potential cloud computing risks, Google survey
Banks are taking steps to mitigate risks from their increasing use of external cloud computing services, a survey by Harris Poll and Google Cloud has said.
TikTok tells employees to return to office for three days a week
Popular short-video app TikTok has told its employees that some will be offered the option to work remotely for up to two days a week after they return to office, according to an i...
Nintendo to launch $349.99 Switch with upgraded display
Japan’s Nintendo will launch a new model of its Switch video game console with an upgraded display on Oct. 8, priced at $349.99, it said.
Google dangles paid upgrade to businesses using Gmail addresses
Google has unveiled an option for small businesses to upgrade their Gmail accounts for greater calendaring, video chat and email newsletter functionalities.
SoftBank’s PayPay surges ahead in Japan’s digital payments race
For six decades, shoppers at Mikawaya, a rice dealer in eastern Tokyo, paid in cash – until sales staff from payments app PayPay swept through the low-lying district, persuad...