Asia’s tech news #124: China’s Amazon aggregators, FinTech Asia Summit, crypto in Indonesia…
In this issue: India’s PM on big tech and democracy, hydrogen-powered trucking in Taiwan, Binance and crypto trading in Indonesia, Baidu and the metaverse, Unicorn Battle Worldwide opens pitch applications for startups…
Fintech Asia Summit 2022 set for January 20th, running virtually — www.fintechasiasummit.com
Financial technology is transforming banking in Asia, making it more accessible and efficient for everyone. While the traditional banking industry suffered a lot due to the Covid-19 pandemic, the fintech…
China: Nebula Brands e-commerce firm secures over $50M aggregating Amazon Fulfilment vendors — techcrunch.com
Roll-ups, or brand aggregators, have been flooding China’s export-oriented e-commerce market with capital to scoop up sellers. The roll-ups themselves are fuelled…
Binance in talks with Indonesia’s wealthiest family and state telco around crypto exchange — www.bloomberg.com
Binance Holdings Ltd. is in talks with Indonesia’s richest family, the Hartonos, and a state-owned telecom operator to set up a cryptocurrency trading exchange, according to people with…
Australia: Victorian Big Battery lithium-ion energy storage system, Australia’s largest, is now online — www.energy-storage.news
The Victorian Big Battery, a 300MW / 450MWh lithium-ion battery energy storage system (BESS) in Australia, has been officially opened by the Minister for Energy, Environment and Climate Change for…
China: Baidu enters metaverse with ‘Land of Hope’ app for AI conference — www.scmp.com
The internet search giant said the Xi Rang app can host 100,000 participants at once and will be the first metaverse platform to host a Chinese conference.
ICYMI: European regulation of online disinformation may be a ‘game changer’ in 2022 — www.cjr.org
“After years of allowing Facebook and Google to regulate themselves, the DSA will now require them to conduct regular assessments of the systemic risks they create for societies…”
Taiwan: 4 parts of Taipei City’s TaipeiPASS, smartphone app making citizen-gov’t interface smoother — govinsider.asia
Lu Hsin-Ke, Commissioner of Taipei City Government’s Department of Information Technology, discusses the TaipeiPASS — a smartphone app designed to improve convenience.
India: PM Modi calls on int’l community to jointly shape norms for tech, social media and crypto — indianexpress.com
Prime Minister Modi made these remarks at the first Summit for Democracy convened by US President Joe Biden on Friday. These come amid a tussle between the government and social media firms…
Taiwan: Hydrogen-powered commercial vehicles and trucks partnership preps for launch — investableuniverse.com
New York’s Hyzon Motors has signed an MoU with Taiwanese industrial conglomerate MiTAC-Synnex to bring hydrogen trucks to the Taiwan market.
ICYMI: US White House to launch grants initiative for tech tools that boost privacy, beat censorship — www.reuters.com
The White House will launch an initiative on Wednesday to award grants to innovators working on technology to bolster democracy by developing tools that enhance privacy or circumvent censorship, a White House official told Reuters.
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