Wednesday, October 13, 2021

Jack Ma, Away From Public View Since Last Year, Said to Be Spotted Again

Jack Ma is said to currently be in Hong Kong where he has met business associates in recent days. The billionaire founder of Alibaba has been keeping a low profile since delivering a speech in October... https://ift.tt/3AwzO5q

Venezuela's Main Airport Is Lining Up a Cryptocurrency Payment Service

Venezuela has announced that it is opening up its largest airport to allow travellers to purchase airline tickets using cryptocurrency. https://ift.tt/2YIBGeD

London-based Global Processing Services, which offers APIs for payments and other financial services, raises $300M from Advent International and Viking Global (Ingrid Lunden/TechCrunch)

Ingrid Lunden / TechCrunch:
London-based Global Processing Services, which offers APIs for payments and other financial services, raises $300M from Advent International and Viking Global  —  Embedded finance continues to be a major theme in the world of fintech, with a wide swathe of new financial services companies tapping APIs built …



Sources: TSMC and Sony are planning a semiconductor factory in Japan, opening in 2024 and costing ~$7B, half of which will come from the Japanese government (Nikkei Asia)

Nikkei Asia:
Sources: TSMC and Sony are planning a semiconductor factory in Japan, opening in 2024 and costing ~$7B, half of which will come from the Japanese government  —  Toyota group parts maker Denso considers signing up  —  TOKYO — Taiwan Semiconductor Manufacturing Co., the world's largest contract chipmaker …



Research: China's bitcoin hashrate share fell from 44% to 0% between May and July, as the US rose from 17% in April to 35% in August and Kazakhstan rose to 18% (Eleanor Olcott/Financial Times)

Eleanor Olcott / Financial Times:
Research: China's bitcoin hashrate share fell from 44% to 0% between May and July, as the US rose from 17% in April to 35% in August and Kazakhstan rose to 18%  —  Crackdown on digital currencies knocks country's share of crypto production to zero  —  The US overtook China as the world's biggest source …



Realme partners Khy Electronics for local production of smartwatches, TWS in India

Smartphone major Realme on Tuesday said it has partnered with Khy electronics to manufacture a diverse range of AIOT products and accessories in India. The products that will be made locally include Realme Watch 2 Pro, Realme Buds Wireless, and Realme 4K Smart TV Google Stick. https://ift.tt/3oWAL4G

A US bill seeks to ban exports of DUV lithography tech to China, whose imports of chipmaking equipment reportedly grew from $10.7B in 2016 to ~$51.1B in 2025 (Jared Perlo/NBC News)

Jared Perlo / NBC News : A US bill seeks to ban exports of DUV lithography tech to China, whose imports of chipmaking equipment reportedl...