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Rita Liao

Rita Liao
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The future of non-fungible tokens is getting more clarity in China as the country’s tech giants come together to formulate standards for the nascent industry. The China Cultural Industry Association, along with Tencent, Ant Group, Baidu, and others, jointly issued a “self-disciplined development proposal” for the “digital collectible industry,”...
The promise of STEAM robots, which are billed to increase children’s interest in science, technology, engineering, arts and mathematics (STEAM), has been around for years. The market is teeming with products from hardcore robotics scientists and their copycats. Many have faded away, but investor interest hasn’t died down,...
China has taken another step to regulate how online influencers impart information to their followers. The government has put a great deal of effort into moderating digital content over the years. The rise of more real-time media formats, like livestreaming and snappy video sharing, has made it harder to...
A Cloudflare outage on Tuesday knocked out numerous popular web services, including major crypto exchanges FTX, Bitfinex, and OKX, raising questions about the stability of centralized crypto platforms. The CEO of OKX, which saw $1.47 billion in trading volume in the past 24 hours, tweeted asking for “web3 alternative...
Iran’s relationship with the crypto mining sector is a love-hate one. The government is again restricting crypto mining activity as it tries to ease the strain on the country’s power supply, despite knowing the promise of crypto as a way to evade international sanctions. Electricity to all 118 government-authorized...
Cainiao, the logistics service operated by Alibaba, is launching two automated distribution centers in Karachi and Lahore as its first entry into Pakistan, it announced on Friday. Alibaba’s overseas expansion has manifested in a mix of investment and integration over the past decade. In 2018, the e-commerce titan bought...
Huobi, one of the world’s largest crypto exchanges, will shut down its exchange in Thailand permanently on July 1, it announced on its website. This marks Huobi’s short-lived expansion into the Southeast Asian country where crypto adoption is flourishing. According to blockchain analysis company Chainalysis, Thailand has one of...
Biotech startup Meta Pharmaceuticals sets itself an ambitious goal as it secures its initial investment. The Shenzhen-based company, which sets out to develop treatments for autoimmune diseases with the help of artificial intelligence, has raised $15 million from its seed and pre-A rounds. There is no lack of investor...
Duolingo, the Nasdaq-listed language learning app, is back in China’s Apple App Store and Android stores nearly a year after it disappeared from the country’s app stores. Users in China found the Pittsburg-based app unavailable for downloads last August amid the country’s sweeping education crackdown, including restrictions on for-profit...
Honor of Kings, the world’s largest mobile game made by China’s internet behemoth Tencent, is rolling out a global version by the end of this year. That’s according to a tweet by Level Infinite, which will be publishing the overseas version of the battle royale game for TiMi Studio,...