News
SoftBank’s $3bn WeWork financing talks stall with Japan banks
SoftBank Group Corp’s talks to secure $3 billion from Japan’s three biggest banks have stalled as the lenders have hit internal lending limits to the firm. Read more…
Japan
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Now Japan tightens screws on tech giants abusing market power
Japan will tighten regulations to prevent tech giants from abusing their market power and having unfair advantage over small businesses. Read more…
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Japan reveals tax incentives to encourage local 5G investment
Japan has unveiled tax measures for fiscal 2020 aimed at encouraging companies to spend their cash piles on start-ups and 5G infrastructure. Read more…
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AI-composed song to welcome Pope to Japan – where else?
Few aspects of life escape the touch of high tech in cutting-edge Japan, including an official song written to welcome Pope Francis when he visits Japan Read more…
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Japan’s ‘cash-is-king’ mentality remains entrenched
Despite the growth in electronic payments, Japan’s ‘cash-is-king’ mentality remains entrenched with 84% still use notes and coins for small purchases. Read more…
Off the Wire
Automated facial recognition gates expanding at Japan airports
Panasonic Corporation is providing additional automated facial recognition gates for use at an expanded number of airports in Japan and for foreign travelers. Read more…
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Japan could expand ‘strict checks’ on exports to South Korea
Japan warned it could expand strict checks on exports to South Korea after earlier granting approval for the shipment of a high-tech material. Read more…
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Japan investigating Apple over abuse of power
Japan Fair Trade Commission is investigating Apple Inc over its pressure on Japanese parts makers and whether it abused its power Read more…
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Sense of panic grips Japan Inc over lack of AI experts
There’s a sense of panic within Japan Inc and the government – that it doesn’t have enough experts in AI and it’s time to do something about it. Read more…
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‘Japan is slowly strangling our neck’ say Korean chipmakers
South Korean chipmakers are hitting a dead end in their quest to find alternatives for key Japanese materials that have been slapped with export restrictions. Read more…