June 23, 2022
Russia’s Yandex Opens Public Access To AI
Russian technology company Yandex said on Thursday it had made a large language model for artificial intelligence research open to the public, hoping to spawn faster and deeper development of...
June 06, 2022
Today in TechREG: FinCEN Proposes Rulemaking For New Enforcement Tool
Today, a court in Australia found Google liable for defamatory videos posted on its YouTube platforms targeting a senior politician. The court ordered Google to pay around $500,000, but the...
June 02, 2022
The Dawn of a New Digital Age: Key Learnings from...
By Michael Han, Caroline Huang, Bivio Yu, Joy Wong, & Karina Zhou1 In line with global developments, China’s antitrust authority, the State Administration for Market Regulation (“SAMR”), has taken...
May 31, 2022
Travel Tech Company Swvl Plans to Cut 32% of Staff
Dubai-based mass transit solutions platform Swvl said it will cut its workforce by 32% in an effort to get on the path to profitability. “Such reductions will focus on roles...
May 30, 2022
Indonesian Tech Firm GoTo Reassures Investors of Growth as Net...
Ride-hailing and eCommerce firm GoTo Group, in its first quarter as a public company, has posted 53% gross revenue growth, which sees it accelerating from 2021 and showing how Indonesian...
May 29, 2022
Chinese Automaker FAW May Buy Stake In Didi: Bloomberg
China’s FAW Group is considering acquiring a significant stake in Didi Global Inc , Bloomberg News reported on Friday, days after the ride-hailing giant received shareholders’ nod to delist from...
May 23, 2022
Didi Moves Closer to NYSE Delisting
Shareholders in Chinese ride-hailing app Didi Global have voted to delist the company from the New York Stock Exchange (NYSE), the company announced in a Monday (May 23) press release....
May 16, 2022
Uber Unveils Autonomous Deliveries, Charter Bus Reservations, Other New Features
Uber on Monday (May 16) announced several new innovations it will roll out to enhance its ride-hailing core business, including autonomous deliveries and charter bus reservations, according to a blog...
May 16, 2022
China’s Tech Industry Faces Regulatory Crackdowns
China’s tech industry is suffering the compounded challenges of a regulatory crackdown, coronavirus lockdowns at home and trade sanctions from abroad, reported The Washington Post. These woes have investors fearing the ceiling...