Japan

Nintendo Reports Overwhelming Demand for Switch 2 Console in Japan

28 days ago

Nintendo Co., the renowned gaming giant, has recently announced that the demand for its latest gaming console, the Switch 2, appears to be unprecedented in Japan. As the console launches into a competitive market, it seems that anticipation among gamers has reached a fervent high.

Nvidia's CEO Urges Japan to Expand Power Supply to Drive AI Development

1 month ago

In a significant push to bolster Japan's role in the evolving landscape of artificial intelligence (AI), Nvidia CEO Jensen Huang has recently been on a mission to lobby the Japanese government for increased power availability for data centers. This appeal is largely driven by the explosive growth of AI workloads, which necessitate robust and efficient computational resources.

Japan's Financial Authority Reports $700 Million Loss from Online Trading Hacks

1 month ago

In a shocking revelation, the Financial Services Agency (FSA) of Japan has reported that online trading platforms have suffered significant security breaches, resulting in losses amounting to approximately $700 million. This alarming incident raises serious concerns about the safety measures employed by brokerage firms and the potential repercussions for investors within the rapidly evolving digital trading landscape.

Japan Takes a Stand Against Google: Phone Manufacturers No Longer Required to Use Google Apps

1 month ago

In a landmark decision, the Japanese government has mandated that Google must cease its practice of compelling smartphone manufacturers to pre-install its suite of applications. This change comes in response to growing concerns regarding monopolistic behavior and market fairness within the tech industry. The reform has been welcomed by various stakeholders who believe it will enhance competition and support consumer choice.

Japanese Space Startup Secures Deal for US-Made Rocket Engines, Paving the Way for Ambitious Launch Plans

1 month ago

In a groundbreaking development for the space industry, a Japanese startup has entered into a significant agreement to acquire rocket engines manufactured in the United States. The deal marks a pivotal step for the burgeoning space sector in Japan, which is increasingly looking towards international partnerships to enhance its capabilities and competitive edge.

Nintendo Faces Significant Decline Amid Rising Tariff Tensions

1 month ago

In a shocking turn of events, Nintendo's stock suffered a substantial blow, plummeting by 10% in a single trading session. This steep decline is believed to be a result of escalating tariff concerns affecting multiple sectors within Japan’s economy. Investors reacted swiftly as uncertainties surrounding trade policies began to take a toll on businesses across the nation.

Unauthorized Trades Shake Financial Landscape: Nomura, SMBC Nikko, and Monex Affected

1 month ago

In a shocking series of events, three prominent financial institutions in Japan—Nomura Securities, SMBC Nikko Securities, and Monex Group—have recently reported significant unauthorized trading activities on their platforms. This unsettling development has raised serious concerns about the security frameworks these firms employ to protect their clients and investors.

Activist Investor Takes Stake in Fuji Media: What's Next for the Japanese Broadcasting Giant?

2 months ago

In a significant development within the Japanese media landscape, a prominent fund linked to an activist investor has reportedly acquired a stake in Fuji Media Holdings. This strategic investment marks a bold move, potentially signaling a new chapter for the broadcasting corporation, which has been navigating a competitive and evolving industry.

Japan's Rapidus Initiates Test Production in Ambitious AI Chipmaking Venture

2 months ago

In a significant move in the semiconductor industry, Japan's leading semiconductor firm Rapidus has commenced test production of cutting-edge AI chips. This milestone is part of the company’s ambitious plan to establish itself as a key player in the rapidly evolving global AI market.

Japan Commits $5.4 Billion to Propel Chip Startup Rapidus Amid Global Semiconductor Demand

2 months ago

In a strategic move to strengthen its position in the semiconductor industry, the Japanese government has announced a significant financial commitment of $5.4 billion to support Rapidus, a local chip startup. This investment comes at a crucial time when the global demand for semiconductors is surging, fueled by advancements in technology and the growing reliance on digital devices.