China’s Tencent Holdings has formed an “extended reality” (XR) division to tap into the burgeoning metaverse. As Reuters reported Monday (June 27), the new unit...
Today in TechREG, regulators in Australia have received a formal complaint against the biggest retailers in the country for using a facial recognition technology that...
Fashion retailer H&M has closed its Shanghai, China store, the latest move in that nation after consumer demand is flagging as the country has just...
LincTex Digital, a Chinese company that makes virtual try-on technology for fashion retailers, has raised $100 million in a new funding round. As Reuters reported...
In today’s FinTech news, China is showing signs of loosening its crackdown on FinTechs and payment firms. Plus, in a time of digital transformation, Lyft...
Chinese officials on Wednesday (June 22) approved the promotion of the “healthy” development of the payment and FinTech sectors across the nation, according to a...
This week, the Securities and Exchange Commission (SEC) and the crypto community have been sending warnings to each other: the SEC chair said there was...
The President of the United States has the power to block certain investments in U.S. companies from foreign companies if they are seen as a...
Proposed cybersecurity rules from China could make it hard for Western financial companies to operate as their data would be vulnerable to hacking and other...