Coinbase has officially resumed user onboarding in India after more than two years of halted operations, signaling a renewed push into one of the world’s largest digital markets. The global cryptocurrency exchange now allows Indian users to register and trade crypto-to-crypto assets, marking a cautious but strategic re-entry shaped by regulatory realities. Coinbase’s earlier exit followed disruptions to payment access and heightened compliance challenges, prompting the company to reset its India strategy entirely. With successful registration under India’s Financial Intelligence Unit and gradual reopening through early access, Coinbase is rebuilding its presence step by step. Looking ahead, the company plans…
Author: John
HONG KONG China’s exports bounced back in November, recording a 5.9% increase from a year earlier, following an unexpected contraction in October. However, shipments to the United States continued to slide, falling nearly 29% year-on-year for the eighth consecutive month of double-digit declines. While exports to the U.S. have struggled, Chinese shipments have surged to other regions, including Southeast Asia, Latin America, Africa, and the European Union, reflecting a shifting global trade landscape. Read More: More of Silicon Valley is Building on Free Chinese AI Stronger Overall Exports and Record Trade Surplus According to customs data released Monday, China’s total…
Silicon Valley’s hottest AI startups are increasingly building their products on free, open-source AI models developed in China, signaling a subtle but significant shift in the U.S. artificial intelligence landscape. Once dominated by proprietary systems from OpenAI, Anthropic, and other American tech giants, the AI frontier is now seeing Chinese models like DeepSeek’s R1 and Alibaba’s Qwen gain traction for their affordability, flexibility, and growing sophistication. Experts note that these open models, once considered far behind, are rapidly approaching the performance of leading U.S. systems, offering startups a practical alternative to expensive closed-source AI. As more American companies adopt these…
Xsolla and HP have unveiled a strategic partnership aimed at advancing the education and career development of emerging game developers on a global scale. By combining HP’s innovative Gaming Garage platform with Xsolla’s Accelerator program, the collaboration establishes a seamless pathway for aspiring creators to develop technical expertise, refine creative skills, and transform innovative ideas into fully operational game studios. The initiative provides comprehensive resources, mentorship, and industry insights, empowering participants to navigate the complex landscape of game development with confidence. Through this partnership, Xsolla and HP are not only fostering the next generation of talent but also shaping the…
Since mid-2024, ChatGPT has emerged as one of the most visited websites globally, surpassing major platforms like Amazon, X, Reddit, WhatsApp, and Wikipedia in monthly visitors. According to web analytics firm Similarweb, ChatGPT now ranks as the fifth most popular site worldwide, trailing only Google, YouTube, Facebook, and Instagram. This milestone reflects not only the rapid adoption of AI chatbots but also the growing influence of generative AI in everyday digital interactions. Monthly visits to ChatGPT reached an impressive 6.3 billion in September 2025, capturing the vast majority of traffic across AI platforms. As usage expands across age groups and…
IBM is reportedly in advanced talks to acquire Confluent, a leading data infrastructure company, for approximately $11 billion, signaling a significant step in its cloud expansion strategy. Confluent’s open-source platform enables businesses to process vast streams of real-time data, ranging from financial transactions to website activity, making it a key asset in today’s data-driven economy. The acquisition, which could be announced imminently, reflects IBM’s efforts to strengthen its cloud software offerings amid rising demand for artificial intelligence and data infrastructure solutions. Under CEO Arvind Krishna, IBM has increasingly prioritized software and cloud services, following prior acquisitions like HashiCorp. This move…
Indian pharmaceutical tycoon Kiran Mazumdar-Shaw has taken a decisive step to strengthen Biocon’s global ambitions by fully consolidating Biocon Biologics in a landmark $5.5 billion buyout. The transaction brings Biocon’s biosimilars and generics businesses under a unified corporate structure, reinforcing its position as a major force in the international biopharmaceutical industry. By acquiring the remaining shares from financial and strategic investors, Biocon aims to simplify operations, improve capital efficiency, and sharpen its focus on high-growth therapeutic areas such as diabetes, oncology, and immunology. The move reflects Mazumdar-Shaw’s long-term strategy to build a globally competitive healthcare company capable of delivering affordable,…