Business

Naver Shuts Down Services as South Korea’s Tech Giant Bets Big on AI and Commerce

SEOUL, South Korea — Naver is shutting down several standalone services as South Korea’s internet giant makes a major strategic shift toward artificial intelligence, AI-powered commerce and digital infrastructure. The latest move will see Naver’s music-streaming platform VIBE shut down on December 31, 2026, while Naver TV will cease operations on September 30. The company has also already retired its standalone AI services Clova X and Cue:, folding their technology into newer AI-powered feature

Business

Former Twitter Team Revives ‘Twitter’ With AI Fact-Checking — Then the Legal Battle Explodes

SAN FRANCISCO — Twitter is back — at least in part. A startup founded by former Twitter personnel has launched Twitter.now, a new social-media platform designed to resemble the Twitter of the pre-Elon Musk era while adding one major difference: an artificial-intelligence system that attempts to assess the truthfulness of posts in real time. But the platform's comeback is unfolding alongside a fierce legal battle with X Corp., creating an unusual collision between technology, artificial intelli

Politics

Trump Is Betting Big on AI Data Centers — But His Own Voters Could Turn Them Into a GOP Midterm Nightmare

President Donald Trump has made the rapid expansion of artificial-intelligence data centers a key part of his vision for keeping the United States ahead of China. But as the 2026 midterm elections approach, that strategy is creating an unexpected political headache: Republican candidates in several battleground states are increasingly distancing themselves from the president’s aggressive pro-data-center position. The fight is no longer simply about artificial intelligence. It is increasingly

Taiwan

Taiwan Prepares NT$400 Million Safety Facility as U.S. Car Imports Expand — Here’s What Changes

Taiwan is preparing for a major shake-up in its automobile market as the government moves to accommodate more U.S.-made vehicles following the Taiwan-U.S. trade agreement. The Ministry of Transportation and Communications is proposing a NT$400 million (about US$12.63 million) budget for 2027 to strengthen Taiwan’s vehicle-testing capabilities, including the construction of a new safety testing laboratory and related facilities. The move comes as Taiwan prepares to remove its previous import-qu

Philippines

PNP Seeks Tougher SIM Registration Law as Cybercrimes Continue to Rise

Proposed changes could tighten identity verification, SIM ownership and transfers as police warn criminals are still exploiting registered numbers MANILA, Philippines — The Philippine National Police (PNP) is pushing for amendments to the country’s SIM Card Registration Act, saying stronger safeguards are needed as criminals continue to use mobile numbers in scams, identity exploitation and other cybercrimes. PNP chief Gen. Jose Melencio Nartatez Jr. said the police force is prepared to provid

Business

Tesla’s Steering-Wheel-Free Cybercab Hits Austin Streets — Riders Have No Way to Take Control

Elon Musk is putting Tesla’s biggest autonomous-driving bet to the ultimate test: passengers are now being offered rides in a car with no steering wheel and no pedals. Tesla has begun offering rides in its new two-seat Cybercab in limited areas of Austin, Texas, marking a major step in the company’s push to turn fully autonomous vehicles into a mainstream taxi service. The launch took place on Thursday, Sept. 3, with the futuristic gold-coloured vehicles beginning to appear on Austin roads. Bu

Business

Nvidia’s $12.9 Billion Hugging Face Deal Signals a Major Power Shift in the Global AI Race

SAN FRANCISCO — Nvidia is making one of its biggest bets yet on the future of artificial intelligence, agreeing to acquire AI developer platform Hugging Face for $12.93 billion in a deal that could reshape the rapidly intensifying battle between open-source and proprietary AI. But Nvidia is making an unusually important promise to the millions of developers watching closely: Hugging Face will remain open. The acquisition gives the world's dominant AI chipmaker control of one of the internet's

South Korea

Japan’s Robots Are Leaving the Factory Floor—What They’re Doing Next Could Change Work Forever

TOKYO — Japan’s robotics industry is entering a new phase. For decades, Japanese robots were closely associated with factory floors, performing highly repetitive manufacturing tasks with extraordinary speed and precision. Now, developers are pushing humanoid and advanced robotic systems into environments that are far less predictable—from forestry and tree-cutting operations to delicate laboratory work. The shift reflects a bigger ambition: make robots useful beyond controlled industrial envir

Business

Singapore’s Richest Get Richer — But One Tech Giant Lost US$10.1 Billion

Singapore’s wealthiest are holding onto their fortunes even as the technology sector takes a hit, according to Forbes Asia’s 2026 Singapore’s 50 Richest list. The combined wealth of Singapore’s 50 richest people and families remained at US$239 billion (about S$303.5 billion), unchanged from last year. Yet beneath that headline figure, the fortunes of individual billionaires shifted sharply, with banking, property and retail winners offsetting major losses among tech tycoons. The latest ranking

Business

Japan’s IPO Boom Is Losing Steam as AI, War and Higher Rates Shake Tech Startups — But the Next Wave Could Be Very Different

Japan’s once-busy IPO market is showing signs of a significant slowdown, with fewer companies choosing to go public as market volatility, higher interest rates and growing fears over artificial intelligence reshape investor appetite. The Tokyo Stock Exchange recorded just 17 new listings across its Prime, Growth and Standard markets during the first half of 2026 — roughly 30% fewer than in the same period a year earlier, according to TSE data reported by Jiji Press and The Japan Times. The slo