Cryptocurrency Exchange Binance Assists Indian Authorities in App Scam Investigation
India’s Enforcement Directorate recently arrested four individuals involved in a scam related to a gaming app called Fiewin. Binance, a leading crypto exchange, collaborated with Indian authorities to uncover a cross-border criminal network behind the app.
SpaceX Eyes $1.5 Billion Investment in Vietnam
SpaceX has expressed interest in investing $1.5 billion in various projects in Vietnam. This proposal was discussed during a meeting between Vietnam president To Lam and SpaceX representative Tim Hughes, amidst previous regulatory disputes.
Singapore Launches Submarines to Safeguard Communication Cables
Singapore recently introduced Invincible-class submarines aimed at protecting local waters, including crucial submarine communication cables connecting the island globally. Prime Minister Lawrence Wong highlighted the subs’ role in maintaining regional peace and security.
Ola Electric Scooter Business Faces Challenges
Indian tech company Ola’s electric scooter business is encountering operational issues due to malfunctioning hardware and software glitches. The company is working to address repair delays and improve customer service amid growing concerns.
E-commerce Platform Qoo10 Suspends Payment Services
Singapore-based e-commerce site Qoo10 temporarily halted payment services following complaints of delayed payments to merchants. The Monetary Authority of Singapore intervened due to unresolved payment delays, impacting the platform’s operations.
Yahoo! Japan Enhances Content Moderation Efforts
Yahoo! Japan recently disclosed detailed information on its content moderation strategies, combining human and AI-driven methods. The platform reported the removal of posts across various sections to ensure a safe online environment for users.
APAC Dealbook Highlights Strategic Alliances
Recent developments in the Asia-Pacific region include Samsung Display’s investment in an OLED factory in Vietnam, LG Display’s stake sale to TCL in China, GoTo Group’s collaboration with Google Cloud in Indonesia, and Naver Corporation’s expansion into Saudi Arabia.
Source : www.theregister.com