Japan

MUFG Bank and Crédit Agricole Complete First ISO 20022-Aligned Payment on CHIPS
MUFG Bank and Crédit Agricole Complete First ISO 20022-Aligned Payment on CHIPS
April 17, 2024  |  Payment Methods

The first payment in the ISO 20022 message format on the CHIPS network was completed by Japanese financial institution MUFG Bank and European financial institution Crédit Agricole Corporate & Investment Bank, The...

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OpenAI Names Former AWS President Tadao Nagasaki to Head Japan Operations
OpenAI Names Former AWS President Tadao Nagasaki to Head Japan Operations
April 15, 2024  |  Personnel

OpenAI has tapped the former president of Amazon Web Services’ Japan operations to lead its push into that country. Tadao Nagasaki’s appointment, announced Monday (April 15), comes as the artificial intelligence...

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Microsoft to Invest $2.9 Billion for AI Projects in Japan
Microsoft to Invest $2.9 Billion for AI Projects in Japan
April 09, 2024  |  Artificial Intelligence

Microsoft will invest $2.9 billion for artificial intelligence projects in Japan. The investment will go toward expanding Microsoft’s cloud and AI infrastructure in the country,...

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Japanese Discount Retailers Expand Across US Amid Demand for Affordable Novelty
Japanese Discount Retailers Expand Across US Amid Demand for Affordable Novelty
April 08, 2024  |  Retail

Amid ongoing budget pressures, United States shoppers are seeking affordable ways to treat themselves, fueling demand for the novel but low-cost products that Japanese discount...

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Uber Eats Takes Its Robot Delivery Show on the Road
Uber Eats Takes Its Robot Delivery Show on the Road
February 22, 2024  |  Delivery

As on-demand delivery aggregators look to automation to reduce labor costs, Uber sees the opportunity to roll out autonomous sidewalk robots in dense cities worldwide...

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Japan Tells Domestic Tech Sector to Prioritize ‘Human-Centric’ AI Growth
Japan Tells Domestic Tech Sector to Prioritize ‘Human-Centric’ AI Growth
January 10, 2024  |  Artificial Intelligence

Nations around the world are asking questions about how to use artificial intelligence to solve existing problems while avoiding — or controlling for — the...

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eCommerce Platform Mercari to Begin Accepting Bitcoin Payments 
eCommerce Platform Mercari to Begin Accepting Bitcoin Payments 
January 08, 2024  |  Bitcoin

Japanese eCommerce giant Mercari will reportedly begin accepting bitcoin payments on its platform in June.  While prices for products listed on Mercari’s flea market app will...

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Japan Looks to Curb Apple and Google App Dominance
Japan Looks to Curb Apple and Google App Dominance
December 28, 2023  |  ANTITRUST

Add Japan to the list of countries trying to regulate Apple and Google’s app-store dominance. The country’s government is preparing regulations that would make tech giants such as these permit outside...

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Report: Blackstone to Acquire 80% Stake in Sony Payment Services 
Report: Blackstone to Acquire 80% Stake in Sony Payment Services 
December 21, 2023  |  Acquisitions

Alternative asset manager Blackstone is reportedly set to acquire an 80% stake in Sony Payment Services, a payment service provider under Sony Group.  The deal, valued at approximately $280...

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