KUALA LUMPUR (Reuters) -An Asian industry group that includes Google, Meta and X urged Malaysia in an open letter to pause a plan that will require social media services to apply for a license, citing a lack of clarity over the proposed regulations. However, the letter from the Asia Internet Coalition (AIC) was removed from its website late Monday, and the group … [Read more...] about Tech giants urge Malaysia to pause plan for social media platform licenses
Russian electronics retailer M.Video reports 13% rise in first-half volumes
MOSCOW (Reuters) - Russian consumer electronics retailer M.Video-Eldorado said on Monday that its gross merchandise value (GMV), a measure of transaction volumes, rose 13% in the first half of 2024 from a year earlier to 247 billion roubles ($2.7 billion). First-half revenue also increased by 13% to 202 billion roubles compared with the year-ago period and … [Read more...] about Russian electronics retailer M.Video reports 13% rise in first-half volumes
France’s Macron says no political motive behind Telegram CEO’s arrest
By Layli Foroudi and Tassilo Hummel PARIS (Reuters) -Pavel Durov, the Russian-born founder of messaging app Telegram, was arrested in France as part of an ongoing judicial investigation, and there was no political motive, French President Macron said on Monday. Macron's statement on X amounted to the first official confirmation of Durov's arrest, … [Read more...] about France’s Macron says no political motive behind Telegram CEO’s arrest
China robots conference spotlights the changing face of humanoids
By Qiaoyi Li and Kevin Krolicki BEIJING (Reuters) - As China seeks to race ahead in humanoid robot development, its supply chains showcased cheaper and innovative parts at the world robot conference in Beijing, but some executives warn the industry has yet to improve product reliability. Wisson Technology (Shenzhen), known for its flexible … [Read more...] about China robots conference spotlights the changing face of humanoids
Exclusive-China’s Didi in talks to sell smart auto assets to state-backed NavInfo’s unit, say sources
By Julie Zhu HONG KONG (Reuters) - China's Didi Global is in advanced talks to sell its smart driving and cockpit assets to state-backed digital mapping firm NavInfo's unit, as the ride-hailer focuses on its core business after a bruising regulatory crackdown, two sources said. Didi plans to sell the assets to AutoAi, a provider of intelligent … [Read more...] about Exclusive-China’s Didi in talks to sell smart auto assets to state-backed NavInfo’s unit, say sources
