June 2, 2024
Tech News
President Joe Biden vetoed H.J.Res. 109, a resolution aimed at overturning the SEC’s guidance on how banks should handle customers’ crypto assets. The resolution had garnered support from both Republicans and some Democrats, including Majority Leader Chuck Schumer. Biden emphasized his administration’s willingness to work with Congress on a comprehensive regulatory framework for digital assets.
Taiwanese authorities have accused a Chinese Apple supplier, Luxshare Precision Industry, and video surveillance equipment maker Zhejiang Dahua Technology of illegally operating in Taiwan and attempting to poach tech talent. The Ministry of Justice Investigation Bureau highlighted these companies as part of efforts to protect Taiwan’s high-tech industry from China’s alleged attempts to steal know-how and talent.
Proton’s new energy technology arm, Pro-Net, announced a collaboration with ChargeSini to expand its EV charging ecosystem for Smart EV owners in Malaysia. This partnership will allow Smart EV owners to activate more EV chargers through the Hello Smart App, covering over 75% of total public EV charging points in Malaysia. The integration with ChargeSini is expected to be completed by Q3 2024.
Gentari has installed a new 180kW DC charger at the Seremban R&R Southbound area on the North-South Expressway, offering EV drivers an ideal quick charging stop. This addition complements an existing Shell Recharge DC charger in the same area, providing more options for EV charging.
Tech Explained
Crypto Assets – Digital assets designed to work as a medium of exchange that uses strong cryptography to secure financial transactions, control the creation of additional units, and verify the transfer of assets.
Electric Vehicle (EV) – A vehicle that uses one or more electric motors or traction motors for propulsion, powered by a rechargeable battery or other energy storage device.
EV Charging Ecosystem – The network of charging stations and infrastructure that supports the charging of electric vehicles, allowing EV owners to recharge their vehicles conveniently.
DC Charger – A type of electric vehicle charger that provides direct current (DC) power to quickly charge the battery of an electric vehicle.
High-Tech Industry – The industry that produces advanced technological products or services, often involving cutting-edge research and development in areas such as electronics, software, and telecommunications.
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