Vietnam is pushing the use of ‘.vn’ domain names to bolster its digital economy, while Cisco plans to establish a cybersecurity centre in Taiwan. YouTube is testing a new fact-checking feature to combat misinformation. GameStop shares plummeted following CEO Ryan Cohen’s announcement of store closures.
Crypto
1. Coinbase International announces support for pre-launch market
Coinbase International is launching pre-launch markets for trading perpetual futures on tokens yet to be released, joining Binance, Bybit, Bitget, and OKX. Available to institutional and advanced retail traders, the feature offers 2x leverage and a $50,000 limit per token but carries high liquidity and volatility risks. (Cointelegraph)
2. Former SEC official David Hirsch says he is not joining Pump .fun
David Hirsch, former head of the SEC’s Crypto Assets and Cyber Unit, clarified he has not joined Pump.fun, a Solana-based memecoin platform. (Cointelegraph)
Internet governance
3. VN popularises ‘.vn’ domain name to develop digital economy, society
Vietnam has over 610,000 ‘.vn’ domain names, ranking second in ASEAN. However, only 25% of businesses use ‘.vn’, compared to 70% in developed countries. The ‘.vn’ domain enhances brand reliability and contributes to national digital sovereignty. (Vietnamnet)
IT infrastructure
4. Cisco to establish cybersecurity centre in Taiwan
Cisco will establish a cybersecurity centre in Taiwan as part of its Taiwan Digital Acceleration Plan 3.0, collaborating with the government to train cybersecurity professionals amid a talent shortage. (Yahoo!Tech)
5. YouTube tests context ‘notes’ feature for videos
YouTube is introducing crowdsourced fact-checking to combat misinformation. Viewers can add notes to videos for context, rated by third-party evaluators and an algorithm. (ZDNet)
6. GameStop shares tumble after CEO says store network will shrink
GameStop shares fell 12% to $25.22 after CEO Ryan Cohen announced plans to reduce store numbers and offered no details on cash usage. (New York Post)
7. Tesla sues ex-supplier Matthews over EV battery trade secrets
Tesla sued former supplier Matthews International for allegedly stealing trade secrets related to dry electrode battery manufacturing and sharing them with competitors. Filed in California federal court, Tesla seeks over $1 billion in damages and demands Matthews halt misuse of the secrets and surrender related patent applications. (CNBC)
8. Macquarie launches Australian-first Dell, Azure hybrid cloud offering
Macquarie Cloud Services launched Macquarie Flex, leveraging Microsoft Azure Stack HCI and Dell Technologies APEX Cloud Platform. This solution offers workload flexibility, 24/7 support, and compliance across cloud environments. (Capacity)
Tech trends
9. Apple to discontinue ‘buy now, pay later’ service in US as it plans new loan program
Apple announced it will discontinue its “buy now, pay later” service in the U.S. and launch a new loan program through Apple Pay later this year. (Reuters)
10. US sues Adobe for ‘deceiving’ subscriptions that are too hard to cancel
The U.S. government is suing Adobe for allegedly hiding fees and complicating subscription cancellations. The Department of Justice claims Adobe enrolls users in its most lucrative plan without clear disclosure, imposes hefty early termination fees, and creates cancellation obstacles. (The Verge)
Products
11. The new Apple Image Playground app in iOS 18 will label images as AI-generated
At WWDC 2024, Apple unveiled AI features, including the Image Playground AI art generator in iOS 18. Craig Federighi mentioned iOS 18 will mark metadata for AI-generated images. The beta doesn’t include these features yet, but code hints at image forensics to detect AI-generated files. (Tech Radar)
12. Samsung Galaxy Z Flip 6 leak: 3 big upgrades, including battery and camera
Samsung is gearing up for its next Galaxy Unpacked event on July 10, likely focusing on new foldable phones. Leaks suggest the Samsung Galaxy Z Flip 6 will feature significant upgrades, including a Snapdragon 8 Gen 3 chipset, a 50MP main camera, and a 4,000mAh battery. Pricing is rumored to start at $1,100. (Mashable)
AI
13. You.com startup is raising $50M as it targets AI-assistant market, says source
SuSea Inc., the startup behind You.com, is raising $50 million in Series B funding, valuing the company at $700 million to $900 million. You.com, offering AI-infused search and productivity tools, faces competition from Google, Microsoft, and OpenAI. (Reuters)
14. Lufthansa’s Marie Suzanne Sarre on AI, large language models in the industry
Marie Suzanne Sarre, Data Scientist at Lufthansa Group, emphasises the importance of understanding tasks, requirements, goals, and constraints when selecting large language models (LLMs). (IoT World Today)
15. Taqtile introduces Manifest for DigiLens ARGO smartglasses
Taqtile’s “Manifest” work-instruction platform, accessible via ARGO smartglasses, combines ARGO’s hand-tracking with Taqtile’s spatial computing. Manifest’s features enable deskless workers to perform maintenance accurately. (XR Today)
