Stablecoin liquidity is returning to Binance after months of withdrawals, offering a tentative sign of stronger buying capacity as Bitcoin remains above $75,000. CryptoQuant data show Binance recorded more than $1 billion in net stablecoin inflows during August, reversing part of the persistent drain from cryptocurrency exchanges that had characterised much of 2026. Bitcoin was trading around $77,300 on Saturday, September 12, after moving between roughly $76,000 […]
HANOI, VIETNAM – Media OutReach Newswire – 11 September 2026 – VinFast has announced the signing of strategic Memoranda of Understanding (MOUs) with 13 dealer partners in the Philippines to develop 27 new showrooms nationwide. The agreements mark an important step in VinFast’s plan to expand its electric automotive distribution network in the Philippines, while laying a strong foundation for the brand to reach its goal of developing a total of 60 dealerships in the country in 2026.
Representatives of VinFast Philippines and 13 dealer groups at the Memorandum of Understanding (MOU) signing ceremony, aimed at expanding VinFast’s nationwide dealer network.
Under the agreements, the 27 VinFast showrooms are expected to be developed across all three major geographical regions of the Philippines: Luzon in the north, Visayas in the central region, and Mindanao in the south. The network will strengthen VinFast’s presence in major urban centers such as Metro Manila and Cebu, while extending its reach to new, high-potential areas including Cagayan de Oro, Tacloban, and Subic Bay. This will bring VinFast’s electric vehicles and services closer to customers nationwide.
Developed in line with VinFast’s global standards, the showrooms will offer modern and convenient spaces where customers can learn about and experience the brand’s products, as well as access sales and after-sales services. The expanded network will also improve access to electric vehicles and related services, helping meet the growing demand for EVs in the Philippine market.
Supporting VinFast in the development of its new showroom network are 13 established local partners: Elite North Auto Cars Inc., MG Gateway Mantrade Corp., Grand Canyon Multi Holdings Inc., Britannica United Motors Incorporated, VF Auto Sto Tomas Inc., GR8 Marketing Motors Inc., ARCMA Motors Corporation, Autonomics Motor Corp., Gershom Car Trading Corp., Areza Motor Sales Inc., Central Auto Resources Inc., Autolink Global Motors Inc., and Greenport Mobility Inc.
These 13 companies bring extensive experience in automotive distribution in the Philippines and share VinFast’s commitment to advancing the green transition. Their market knowledge, operational capabilities, and extensive networks will provide additional momentum for VinFast to accelerate the development of its distribution system, expand customer access, and enhance service quality across the country.
Mr. Antonio Zara, CEO of VinFast Southest Asia, said: “The Philippines is one of the key markets in VinFast’s long-term growth strategy in the region and globally. Here, we are not only focused on expanding our sales network, but also on building a sustainable foundation for growth spanning products, services, infrastructure, and the broader EV ecosystem. With the support of our local partners, VinFast will continue to expand our operations in the years ahead, gradually making green mobility a more accessible and convenient choice for Filipino consumers.”
VinFast is steadily building a comprehensive “For a Green Future” electric vehicle ecosystem across key markets in Southeast Asia. In the Philippines, VinFast continues to invest in products, services, and infrastructure to make EV ownership as convenient as possible for customers. Alongside a diverse EV lineup and attractive customer support policies, VinFast is placing a strong focus on expanding its after-sales service network and charging infrastructure with the support of V-Green and local partners. Through these efforts, the brand reaffirms its long-term commitment to investing in the Philippines and supporting the country’s transition to green mobility.
Hashtag: #VinFast
The issuer is solely responsible for the content of this announcement.
HANOI, VIETNAM – Media OutReach Newswire – 11 September 2026 – As Asia emerges as the center of global urbanization, Vinhomes is advancing a model of city-building that weaves residential, commercial, educational, healthcare, and green infrastructure into a single, integrated ecosystem. With projects and development plans now extending from Vietnam into Congo, India, Australia, the Philippines, and Indonesia, the company is moving from adopting global urban standards to elevating them on a global scale.
Vinhomes’ projects bring together ESG++ operating standards and a comprehensive All-in-One ecosystem.
Two decades after its first projects broke ground on reclaimed industrial land and riverbank outside Hanoi, Vinhomes, anchored in the wider Vingroup ecosystem and its “ESG++” environmental standards, is positioning itself to help define what a good city looks like for the decades ahead.
Building Cities as Integrated Ecosystems, Not Just Developments
The first Vinhomes projects rose on difficult ground, but their premise was unusual for its time: that a residential development had to fold an entire urban life into a single, walkable proposition. Royal City and Times City were carved from former industrial land in Hanoi, while Vinhomes Riverside took shape on the far side of a river that once marked the edge of the city’s imagination. What set these projects apart was not their scale but their structural approach, schools, clinics, parks, transit, and commerce built in as foundations, not added on later.
That premise has held up. Vietnam’s cities have since become one of the region’s most closely watched growth stories. In 2025, the country drew more than $38 billion in registered foreign direct investment, with real estate the second-largest recipient sector after manufacturing. The capital is following the population, and the population is following the belief that Asian cities will decide what urban life looks like next. Research from the McKinsey Global Institute finds that roughly half of the world’s 600 largest cities by GDP are now in Asia, and that in most Asian countries, cities already generate more than 80 percent of national output.
Vinhomes’ answer to the challenge of urban sequencing has been structural rather than cosmetic, folding its projects into the wider Vingroup ecosystem. A housing development arrives already wired into education (Vinschool, VinUni), healthcare (Vinmec), retail (Vincom Retail), hospitality (Vinpearl, VinWonders), and green mobility (VinFast, V-Green, Green SM), with renewable energy and regional infrastructure now extending that network through VinEnergo and VinSpeed. The premise is that a city assembled this way behaves less like a real-estate product and more like an economy in miniature, one that generates its own demand for jobs, services, and further investment as residents move in.
From ESG++ Leadership to Global Expansion
The newer test for urban development is what a project is willing to leave alone. Vinhomes has framed its approach as “ESG++”, not merely limiting environmental damage, but actively restoring the ecosystems a project sits within. At Can Gio, Vinhomes Green Paradise is being built alongside one of Vietnam’s most significant mangrove systems, with construction is deliberately constrained to protect it. In Ha Long, Vinhomes Global Gate sits beside a UNESCO World Heritage Bay, built with the explicit aim of complementing rather than competing with the landscape.
This approach has drawn notice beyond Vietnam. Vinhomes Green Paradise became the first official global participant in New7Wonders’ “7 Wonders of Future Cities” initiative. Jean-Paul de la Fuente, the campaign’s director, described visiting the project as an encounter with a place where nature, people, and technology converge in ways he had not anticipated from the paperwork alone, adding that few developers anywhere have the execution capacity to build at this scale and speed while still managing that complexity.
The company’s ambitions now extend well beyond its home market. Vinhomes has projects and development plans in Congo, India, Australia, the Philippines, and Indonesia, less an export of a real-estate model than an attempt to carry two decades of Vietnamese urban experience into markets asking the same questions Vietnam once asked itself. For most of the modern era, Vietnamese cities absorbed standards and formats tested elsewhere; that posture is shifting, and not only inside Vietnam.
The data points to a single conclusion: the next several decades of urban growth will be decided in Asia, whether or not Asian developers are ready to define its terms. The United Nations’ World Urbanization Prospects 2025 puts the scale of that growth beyond dispute, cities are now home to 45 percent of the planet’s 8.2 billion people, more than double the share in 1950, with two-thirds of all future population growth through mid-century expected to land in urban areas. The number of megacities has quadrupled since 1975, from eight to 33, and more than half of them sit in Asia. Capital is already voting with its feet, and McKinsey’s research suggests the economic weight has shifted, even if global recognition has not yet caught up.
What Vinhomes is proposing, in effect, is that the second half of that shift, reputation, precedent, the standing to say what a good city looks like, is still being written. Twenty years on from a stretch of marshland and disused factory yards outside Hanoi, the argument is no longer really about towers. It is about whether a place built quickly can still be built to last, for the people living in it and for the land it stands on.
Hashtag: #Vinhomes
The issuer is solely responsible for the content of this announcement.
About Vinhomes
Vinhomes is Vietnam’s largest residential real estate and integrated township developer. The company pioneers the development of synchronized, modern large-scale townships, delivering premium living standards and unlocking sustainable investment opportunities for domestic and international clients.
Cisco has warned that attackers are actively exploiting two vulnerabilities in its Secure Firewall Management Center software, with intrusions leading to root-level access, credential theft, reconnaissance and malware deployment on compromised systems. Cisco Talos said on September 9 that it had identified three clusters of post-compromise activity involving CVE-2026-20079 and CVE-2026-20316. The first flaw, rated a maximum 10.0 on the CVSS scale, can let an unauthenticated remote […]
A newly documented Android malware strain called MantaxOtax combines ransomware, spyware and remote-control functions, enabling attackers to encrypt files, steal sensitive communications and obstruct victims from using infected phones. Mobile security researchers at Zimperium’s zLabs detailed the malware on September 9, saying analysed samples were linked through language indicators and recovered victim material to threat actors operating in Indonesia. Some samples were distributed as standalone Android application […]
Cybercriminals behind the Gigabud Android banking trojan are using a weaponised app-cloning tool to isolate fraudulent banking activity from malware alerts, according to research published by Group-IB on September 9. The cybersecurity company said Gigabud is being paired with Vwork, a modified fork of the open-source Android application Shelter, to create a separate Work Profile and place banking applications inside it. Group-IB attributed both Gigabud and Vwork […]
TechSparks 2026 has expanded its speaker roster for the October summit in Bengaluru, adding technology executives, founders and investors to a three-day programme focused on artificial intelligence, deep technology and digital infrastructure.
The latest additions include Zoho co-founder and chief scientist Sridhar Vembu, Angel One Group chief executive Ambarish Kenghe, Emergent founder and chief executive Mukund Jha and Canva country manager Chandrika Deb. Their participation was announced on September 10, extending a lineup that already includes senior policymakers, fintech founders, researchers, venture investors and enterprise technology executives.
The summit, organised by YourStory, is scheduled for October 13 to 15 at the Sheraton Grand Bengaluru Whitefield Hotel and Convention Center. Its 2026 theme, “The New Tech Order”, centres on how AI, deep technology and new digital infrastructure are changing access to technology, business formation and the distribution of economic and technological power.
Among the previously announced speakers are Priyank Kharge, Karnataka’s Minister for Home, IT, BT and E-Governance; Krishna Byre Gowda, Minister for Greater Bengaluru Development; PhonePe founder and chief executive Sameer Nigam; and Pramod Varma, co-founder and chief architect of Networks for Humanity. The programme also lists Rahul Chari, founder and chief product and technology officer of PhonePe, and Manish Maheshwari, managing director for India at Stripe.
Organisers say the event is expected to draw more than 10,000 attendees, more than 500 speakers and about 300 investors. The official event website also lists more than 1,000 startups, while another event page refers to more than 200 participating startups, indicating that the figures represent different participation categories or programme groupings.
The first day is set to examine shifts in technological power, including AI as infrastructure, computing capacity, semiconductor supply chains, data ownership and the balance between technological sovereignty and globalisation. Other sessions are expected to address enterprise adoption of AI, startup financing, digital public infrastructure, climate technology, product development and the role of Bengaluru as a centre for technology-led businesses.
The breadth of the programme reflects a shift in concerns facing technology companies. Access to capital remains important, but founders are contending with computing costs, pressure to demonstrate AI products, scrutiny of data use and the need to build businesses capable of expanding without relying indefinitely on external funding. Investors are expected to examine those trade-offs as they assess companies operating across software, fintech, climate technology, mobility, health technology and deeptech.
Bengaluru’s civic and policy challenges are part of the agenda. Byre Gowda’s participation brings urban development into the discussion, while Kharge is expected to address the state’s role in supporting emerging technologies, entrepreneurship and digital infrastructure. Their presence links the startup programme with questions about how a technology centre manages infrastructure, talent, regulation and public services.
The speaker list spans established technology companies and younger ventures. It includes Anjali Bansal of Avaana Capital, Ashutosh Sharma of Prosus, Michael Cronin of Couchbase, Nagendra Nagaraja of QpiAI, Geetha Manjunath of Niramai Health Analytix, Nicolas Sauvage of TDK Ventures and Priyanka Agarwal Chopra of IIMA Ventures. Academic and research participants include Ashok Jhunjhunwala of IIT Madras and Shivkumar Kalyanaraman, chief executive of the Anusandhan National Research Foundation.
TechSparks will also host its Tech30 programme, which identifies 30 technology companies for a showcase at the summit. The 2026 selection process moved into its second stage on September 10, with shortlisted companies required to submit a more detailed application. The final cohort is scheduled to be locked by September 30 and presented during the event.
A separate VibeCode30 programme is aimed at AI-native builders, while ActionLabs and masterclasses are designed around hands-on problem solving and practical technology deployment. The event format also includes startup networking zones, an India-international corridor and a government pavilion.
Anthropic has accused Moonshot AI of secretly sending customer requests meant for its Kimi chatbot to Anthropic’s Claude models, alleging that the Beijing-based company concealed the practice from users and presented Claude-generated answers as its own. The US artificial intelligence developer said on Thursday that it identified one ten-day period in which Moonshot routed almost 300,000 requests through a network of 5,380 fraudulent accounts, with much of […]
China exported more passenger cars in the first eight months of 2026 than during all of 2025, underscoring a sharp acceleration in overseas shipments as electric and plug-in hybrid models gain ground abroad.
Passenger-car exports reached more than 6.2 million units between January and August, according to the China Association of Automobile Manufacturers, already topping the roughly 6.04 million passenger vehicles exported during 2025. August shipments alone climbed 67.1% from a year earlier to about 890,000 units.
The milestone highlights how overseas demand has become an increasingly important outlet for China’s automotive manufacturing capacity while its home market weakens. Domestic passenger-car sales fell sharply in August, even as manufacturers pushed record volumes into foreign markets.
Exports of passenger vehicles measured by the China Passenger Car Association rose 77.5% year on year in August to 894,000 units. The association’s figures, compiled on a different basis from those of the broader industry group, also showed particularly rapid growth in exports of battery-electric and plug-in hybrid vehicles, which rose 154.7% from a year earlier.
China’s wider vehicle export sector has expanded at a pace well above expectations set at the start of the year. Total vehicle exports exceeded one million units in a single month for the first time in June and remained above that level in July. The first half alone produced 5.096 million vehicle exports, up 65.3% from a year earlier.
New-energy vehicles have supplied much of the increase. Exports of such vehicles reached 553,000 units in July, up about 150% year on year, after crossing 500,000 for the first time in June. During the first seven months, China exported 2.909 million new-energy vehicles, more than double the level a year earlier.
Conventional fuel vehicles also continued to contribute. July exports of petrol and diesel vehicles totalled about 490,000 units, up 40% from a year earlier, showing that the overseas expansion is not confined to electric models.
The surge has pushed full-year expectations higher. S&P Global Ratings expects China’s passenger-vehicle exports to grow by roughly 50% to 70% this year. The China Passenger Car Association has projected overall vehicle exports could reach about 12 million units in 2026 if the current pace is sustained.
That trajectory would place exports far above the industry’s own initial forecast. CAAM said in January that it expected total vehicle exports of about 7.4 million units this year, an increase of just 4.3% from 2025, when all vehicle exports exceeded seven million.
Manufacturers are increasingly relying on international markets as sales at home come under pressure from softer consumer demand and intense price competition. BYD and Geely have been among the companies reporting record overseas deliveries, while other producers are accelerating plans to sell or manufacture vehicles outside China.
Europe, Latin America, Southeast Asia, the Middle East and Africa have become major destinations as companies diversify away from markets where tariffs are high. Chinese-built electric vehicles face additional duties in the European Union, while access to the United States remains constrained by steep tariffs and regulatory barriers.
Automakers have responded by building assembly plants and manufacturing bases abroad, a strategy that can reduce shipping costs, shorten delivery times and, depending on local rules, limit exposure to import duties. Several groups are also expanding dealer networks and adapting models to local safety, software and charging requirements.
Beijing has sought to curb practices it says could damage the industry’s overseas reputation. Authorities and industry bodies have urged manufacturers to avoid destructive price competition and disorderly exports as the scale of shipments rises, while companies have pledged to comply with guidance aimed at maintaining fair competition.
The automotive boom is also visible in China’s broader trade figures. Customs data showed the value and volume of car exports both increased by more than 50% during the first eight months, helping lift total goods exports by 14.6% in yuan terms from a year earlier.
Snap has introduced a new planning feature inside Snapchat that lets users organise gatherings, invite friends and track responses without moving conversations to another app. The feature, called Plans, is designed for occasions ranging from informal meet-ups and study sessions to birthdays and other group events. Users can create an event, add key details and send invitations directly through Snapchat chats, keeping the planning process within the […]
JetBlue Airways has lowered its third-quarter capacity growth forecast after severe weather and air traffic control disruptions hit operations across the northeastern United States, adding cost pressure as the carrier pursues its profitability turnaround. The New York-based airline now expects available seat miles, a standard measure of capacity, to rise 1.5% to 3.5% from a year earlier in the quarter ending September 30. Its previous forecast, issued […]
Cybercriminals are distributing fake Grand Theft Auto VI downloads that install remote-access trojans, an information stealer and destructive ransomware, putting gamers’ passwords, Discord accounts and cryptocurrency data at risk. Cybersecurity firm Huntress said it identified malicious optical-disc image files masquerading as leaked copies of Rockstar Games’ forthcoming title across search results, gaming forums, social media and torrent sites. Some files exceed 100GB, but researchers found much of […]
Advancing low-altitude economy development across the Belt and Road regions
HONG KONG SAR – Media OutReach Newswire – 10 September 2026 – HKT (SEHK: 6823) – PCCW Global, the international telecommunications service provider under HKT, and Harmony Tech Innovation signed a Memorandum of Understanding (MoU) at the 11th Belt and Road Summit to jointly promote the low‑altitude economy across the Belt and Road regions, facilitating Chinese enterprises and innovative technologies as they expand overseas.
Frederick Chui, CEO, PCCW Global (left) and Jacqueline Kang, Chairman, Harmony Tech Innovation (right) signed a Memorandum of Understanding at the Belt and Road Summit 2026.
PCCW Global plans to leverage its global communications networks and international market resources, together with Harmony Tech Innovation’s low-altitude airspace traffic management technology, to explore and promote low‑altitude airspace traffic management solutions and related smart city solutions in Belt and Road markets. The collaboration will also explore applications in areas such as transportation, logistics, and emergency rescue, to support the development of smart cities and the low-altitude economy in local markets.
Frederick Chui, CEO of PCCW Global, said: “The low-altitude economy is a strategically important emerging industry for the nation, and also a key direction for developing new quality productive forces. As countries along the Belt and Road accelerate urban development, demand for low-altitude airspace management and communications technologies continues to grow. PCCW Global is ready to further extend our network capabilities into the low‑altitude economy, providing efficient and reliable communications support for low‑altitude airspace traffic management. In collaboration with Harmony Tech Innovation, we will help bring Chinese innovative technologies to the global market, and support the advancement of smart cities and the digital economy along the Belt and Road.”
Jacqueline Kang, Chairman, Harmony Tech Innovation said: “Communications networks and management systems are critical foundations for the low-altitude economy. We are delighted to collaborate with PCCW Global, combining our digital management capabilities with PCCW Global’s extensive communications networks to provide robust support for low-altitude operations. Looking ahead, we look forward to continuing our collaboration, driving the practical application of low-altitude technologies, and seizing opportunities in overseas markets.”
Harmony Tech Innovation is a global leading provider of low-altitude airspace traffic management and unmanned aerial vehicle ecosystem, focusing on low‑altitude economy and 3D low‑altitude traffic management platform. Its “Low Altitude Airspace Coordination and Service System”, launched in Zhuhai in 2024, is interconnected with China’s Unmanned Aircraft Integrated Management Platform and offers capabilities including regional remote low‑altitude surveillance, centimetre‑level satellite positioning, providing data support for smart city management and laying the foundation for the development of the low-altitude economy in the Greater Bay Area.
PCCW Global’s network infrastructure spans five continents and is backed by extensive international operational experience, enabling it to actively help drive the overseas expansion of China’s advanced technologies. PCCW Global delivers customised network solutions for low‑altitude economy scenarios, supporting real‑time data transmission and the management of low‑altitude aircraft.
Hashtag: #HKT #PCCWGlobal
The issuer is solely responsible for the content of this announcement.
About PCCW Global
PCCW Global is a leading digital infrastructure provider, empowering businesses with agile, scalable and secure connectivity solutions. By combining a best-in-class network with our award-winning on-demand platform Console Connect, we help businesses navigate the network complexities of the digital world with ease. With extensive reach across international markets, we make it simple to connect and move data between clouds, apps, data centres and devices. At the core of our business is a belief that automated, high-performance network infrastructure has the power to elevate business and society. For more information, visit www.pccwglobal.com.
US producer prices rose 5.4 per cent in the 12 months through August, accelerating from July and coming in slightly above market expectations, as higher energy costs pushed wholesale inflation to its strongest annual pace in months. The Producer Price Index for final demand increased 0.4 per cent from July on a seasonally adjusted basis, the Bureau of Labor Statistics said on Thursday. The monthly rise matched […]
By R. Suryamurthy India’s trade with BRICS has expanded dramatically, but the numbers reveal an uncomfortable imbalance beneath the rhetoric about a multipolar world and alternative financial architecture. Between FY2021 and FY2026, India’s total merchandise trade with the 11-member grouping more than doubled, from $203.1 billion to $417.5 billion. Yet the expansion was overwhelmingly […]
The US Treasury has sanctioned Xinbi Guarantee, a Chinese-language illicit marketplace accused of connecting Southeast Asian scam centres and transnational crime groups with money launderers, technology providers and other criminal-service vendors. The Office of Foreign Assets Control designated Xinbi Guarantee on September 9 as a significant transnational criminal organisation, while also sanctioning Singapore-based SafeW Technology Co Ltd and Cambodia-based Anwen Technology Co Ltd for providing technological and […]
Nasdaq has invested $100 million in Payward, the parent company of cryptocurrency exchange Kraken, extending a relationship that already spans tokenised equities and digital-market infrastructure. The investment places one of the world’s largest exchange operators directly on Payward’s shareholder register and adds a financial dimension to a strategic partnership announced earlier this year. Payward operates Kraken alongside businesses including NinjaTrader, Breakout, xStocks and CF Benchmarks, using a […]
New report, authored by GSMA Intelligence in partnership with Huawei, released at UNESCO’s Digital Learning Week
Digital literacy – not coverage – is the main barrier keeping 3.1 billion people offline.
AI could potentially widen the digital literacy gap.
Bridging the usage gap could boost global GDP by $3.5 trillion from 2023 to 2030.
Citing Huawei’s Skills on Wheels initiative, the report urges policymakers, telcos, and tech vendors to treat AI literacy as critical infrastructure.
PARIS, FRANCE – Media OutReach Newswire – 10 September 2026 – More than one in three (38%) people remains offline despite being covered by mobile broadband – and a lack of digital literacy skills is often to blame, according to new research published today.
The new report, “Bridging the Divide: Enhancing Digital Literacy in the AI Era,” authored by GSMA Intelligence and produced in collaboration with Huawei, identifies a digital divide impacting 3.1 billion people caused by a shortage of digital skills, user trust and AI literacy.
AI raises both access and risk
Existing industry projections suggest closing the capability gap could add around $3.5 trillion to global GDP by 2030, with more than 90% of those gains flowing to low- and middle-income countries (LMICs). Physical mobile broadband coverage currently reaches 96% of people worldwide.
The report, unveiled at UNESCO’s Digital Learning Week, suggests artificial intelligence could act as both a bridge and a barrier for underserved communities. AI-powered voice assistants and applications that work with images, audio and video can all help low-literacy users bypass the need to input text. At the same time, they raise the security and critical-thinking standards required to participate safely. However, the study warns that users must now be able to understand data privacy and identify risks such as fraud and deepfakes.
The research cites World Bank statistics that GenAI literacy represents the highest-value skill category, with wage premiums up to 36%, far exceeding returns for both digital and traditional AI skills.
Without targeted interventions in basic digital training, the authors warn, rapid AI adoption risks entrenching existing inequalities even in areas with full network coverage.
Mobile classrooms build skills in remote areas
Digital inclusion initiatives typically target those most at risk of digital exclusion, including rural and remote communities, children and teachers in rural schools, older people, and women and girls.
The report emphasizes the need for community-based delivery models, citing Huawei’s Skills on Wheels initiative as a field-tested example — particularly its solar-powered DigiTruck mobile classrooms, which bring hardware, rural connectivity and hands-on training, including AI literacy, to off-grid regions.
Since 2019, training courses delivered by Skills on Wheels projects have reached more than 130,000 people across 21 countries, with more people benefiting indirectly. DigiTruck trainers encourage trainees to share their new skills, which is shown to occur in practice. A report on DigiTruck by Kenya’s Ministry of Information, Communications and Digital Economy shows that 79% of DigiTruck trainees surveyed had passed on their newly acquired digital skills to family members and peers.
Policymakers urged to treat AI literacy as core infrastructure
To bridge the usage gap, the report urges policymakers, telecom operators and technology vendors to work together and focus on four priorities：
Treating practical AI awareness, online safety and information verification as a baseline national qualification.
Adopting multilingual voice and conversational interfaces across public services to minimise user-side technical hurdles.
Scaling up mobile learning units through cross-sector partnerships that combine operator connectivity, vendor technology and local NGO networks.
Measuring performance by independent task completion and fraud resilience rather than trainee numbers.
“Digital literacy can no longer be defined by static thresholds,” said Tim Hatt, head of research and consultancy at GSMA Intelligence. “Connectivity alone is insufficient — capabilities, system design and trust must evolve together. To capture this multi-trillion-dollar opportunity, stakeholders must integrate layered AI literacy directly into daily livelihoods through trusted community channels.”
“Mobile classrooms have demonstrated immense value in helping underserved populations break through physical and psychological barriers to technology,” said Gavin Allen, Executive Editor-in-Chief at Huawei. “We will continue working alongside local governments and industry partners to drive digital literacy, ensuring that no one is left behind as we transition into the AI economy.”
A new DigiTruck program will launch in France this autumn, covering several cities in the Île-de-France region and targeting low-income and underserved communities with digital skills training.
Q1: What is the main purpose of this report? A: The report analyzes the critical importance of enhancing digital skills in the AI era, highlighting digital literacy as a layered and evolving capability. It calls on all stakeholders to collaborate in accelerating global digital inclusion and skill development.
Q2: What does it mean for policymakers to treat “AI literacy as core infrastructure”? A: It means shifting policy focus from just building physical base stations to funding human capabilities. The report urges governments to integrate baseline AI awareness, online security, and media verification into national qualification frameworks, treating digital skills as an essential public utility alongside electricity and broadband.
Hashtag: #Huawei
The issuer is solely responsible for the content of this announcement.
Malone Lam, a 22-year-old Singapore citizen and former Miami resident, has pleaded guilty in Washington to leading an international cybercrime enterprise that stole and laundered cryptocurrency worth more than $245 million.
Lam admitted one count of participating in a racketeering conspiracy before US District Judge Colleen Kollar-Kotelly on Tuesday, September 8. Prosecutors said he organised a network that targeted cryptocurrency holders through social engineering scams, online intrusions and, on some occasions, break-ins at victims’ homes.
The US Attorney’s Office for the District of Columbia said the criminal enterprise operated from at least October 2023 until May 2025 and included participants based in California, Connecticut, New York, Florida and overseas. Lam, who also used several online aliases, identified targets and coordinated roles among members of the group.
One of the organisation’s largest thefts occurred in August 2024, when Lam and associates obtained more than 4,100 bitcoin from a victim in Washington. Court records say conspirators impersonated representatives of trusted companies, including Google and cryptocurrency exchange Gemini, and persuaded the victim to provide access information and authentication codes.
Those details allowed the group to gain control of the victim’s cryptocurrency holdings and transfer the bitcoin. Prosecutors have placed the value of that theft at more than $245 million for the purposes of the case, while earlier court filings valued the same 4,100 bitcoin at about $263 million at the time of the alleged transaction.
The broader racketeering case involves 18 defendants, with Lam becoming the 11th to plead guilty. Prosecutors described him as an organiser who played several roles in the enterprise and directed associates involved in obtaining credentials, moving stolen assets and laundering cryptocurrency through exchanges and other channels.
The plea marks a step in the prosecution of a network that authorities say grew out of contacts made through online gaming communities. Investigators allege members specialised in different parts of the operation, including identifying wealthy holders, impersonating corporate security staff, gaining account access and converting stolen cryptocurrency into cash or goods.
Federal authorities have pursued the case under the Racketeer Influenced and Corrupt Organizations Act, a statute more commonly associated with organised criminal enterprises. The charge allows prosecutors to treat coordinated fraud, laundering and related acts as part of one conspiracy rather than as isolated offences.
Court documents also describe occasional home invasions or break-ins used to obtain information from cryptocurrency holders. The Justice Department said the group combined those physical intrusions with deceptive calls and other social engineering methods designed to gain passwords, seed phrases, security codes and related information needed to access digital wallets.
The stolen proceeds financed extensive spending by members of the group. Authorities said the conspiracy paid for private jets, rental properties in Miami, Los Angeles and the Hamptons, luxury clothing, handbags, watches, private security and a fleet of exotic cars. Some vehicles were valued at as much as $3.8 million.
Nightclub spending was another major outlet for the proceeds. Court records cited services costing as much as $500,000 per evening, while Lam was linked to a $569,000 bill during one night at a Los Angeles club. Luxury watches purchased by members of the group were valued from about $100,000 to more than $500,000.
Lam was arrested in Miami after the August 2024 bitcoin theft. The guilty plea followed months of negotiations over whether he would accept an agreement or proceed to trial. Several alleged co-conspirators had indicated they were prepared to testify if the case went before a jury.
At the plea hearing, Lam acknowledged the prosecution’s account and entered his guilty plea to the RICO conspiracy charge. The offence carries a maximum prison term of 20 years, although the sentence will be determined later under federal law and sentencing guidelines.
Judge Kollar-Kotelly scheduled a status hearing for December 8, when the court is expected to address the next steps towards sentencing. Lam and other participants have also been ordered to repay more than $245 million in stolen funds to victims.
Mubadala Investment Company has agreed to acquire a significant minority interest in Luckin Coffee alongside controlling shareholder Centurium Capital in a transaction valued at about $1 billion, extending the Abu Dhabi sovereign investor’s exposure to China’s consumer sector. The transaction is structured through Success Cup Limited and is expected to give a Mubadala affiliate the right to nominate a director to Luckin Coffee’s board while it maintains […]
Arabian Post Staff -Dubai The Boring Company has secured $3 billion in a Series D funding round led by the United Arab Emirates and affiliated investment entities, lifting the Elon Musk-founded tunnelling startup’s valuation to $23 billion. The financing will support an expanded partnership to develop more than 150 kilometres of underground infrastructure across the UAE, building on the company’s Dubai Loop project, as well as hiring […]
Uber has invested $100 million in Atoms, the industrial artificial intelligence company founded by its former chief executive Travis Kalanick, as the start-up develops autonomous-driving technology that could eventually be used on Uber’s ride-hailing network. The investment forms part of Atoms’ $1.7 billion equity financing announced in July and led by Andreessen Horowitz, with Ben Horowitz joining the company’s board. Uber’s participation reconnects the ride-hailing group with […]
Hong Kong-based New Sparkle Roll International Group is considering selling its holding in Bang & Olufsen, potentially reshaping the ownership of the Danish luxury audio maker, people familiar with the matter said. The deliberations concern a stake of more than 10 per cent in the Copenhagen-listed company, making New Sparkle Roll one of Bang & Olufsen’s two largest disclosed shareholders. The process remains under consideration and no […]
India is preparing to press BRICS partners to deepen the use of central bank digital currencies for cross-border payments while avoiding support for a single bloc-wide payments network that could be portrayed as an alternative to the dollar-dominated financial system.
The proposal is expected to feature at the BRICS leaders’ summit in New Delhi on September 12 and 13, where India, as this year’s chair, is seeking agreement on ways to lower the cost and speed up the settlement of trade, tourism and remittance payments among member states.
Reserve Bank of India Governor Sanjay Malhotra said last month that BRICS members were examining links between their fast-payment systems and central bank digital currencies, with a payments task force considering several options. He stressed that discussions remained at an exploratory stage and that no model had been agreed.
India’s preference is for interoperable national systems rather than either a common currency or centrally controlled BRICS payments architecture. Officials have framed the initiative around efficiency, cheaper transactions and use of sovereign currencies, distancing it from proposals that could be interpreted as an organised campaign to displace the US dollar.
That distinction has become politically important as BRICS members debate how far financial cooperation should go. Russia and some other members have advocated stronger alternatives to Western-dominated payment channels, while India has repeatedly ruled out backing a common BRICS currency and has resisted presenting financial initiatives as a de-dollarisation project.
The RBI earlier recommended that linking BRICS members’ digital currencies be placed on the summit agenda. Such an arrangement could allow transactions to be settled directly through participating central banks or financial institutions, reducing dependence on multiple correspondent banks and potentially cutting foreign-exchange and processing costs.
Central bank digital currencies are electronic forms of sovereign money issued by monetary authorities. Unlike privately issued stablecoins, their value and settlement are backed by central banks. India has been testing the digital rupee since 2022 and has added features including programmability and offline functionality as the RBI studies how it can complement payment methods.
Malhotra has said cross-border payments offer scope for lower costs, particularly in retail transactions. He has also said the RBI will continue efforts to promote greater international use of the rupee and encourage settlement in local currencies where commercially viable.
India is pursuing payment connectivity on a parallel track through the Unified Payments Interface, its instant retail payments platform. Prime Minister Narendra Modi this week called for UPI to be connected with payment systems in more countries. UPI is already available or linked with services in several overseas markets, including Singapore and the United Arab Emirates.
The BRICS discussions nevertheless extend beyond retail payment links. Officials have also been examining whether digital currencies issued by central banks can provide a secure settlement layer for transactions between member economies without requiring the creation of a shared currency or new supranational monetary authority.
Technical and policy obstacles remain. CBDC systems across BRICS countries are at different stages of development, and any cross-border arrangement would require agreement on interoperability, cybersecurity, data standards, foreign-exchange conversion, liquidity, governance and legal responsibility when transactions fail or disputes arise.
Trade imbalances pose another complication because a country receiving more of another member’s currency than it can use may be reluctant to accumulate balances. Policymakers have therefore also discussed mechanisms involving currency swaps and other settlement arrangements to deal with mismatches in bilateral trade.
The BRICS grouping now comprises 11 members, making consensus more difficult than when it consisted only of Brazil, Russia, India, China and South Africa. The expanded membership includes Egypt, Ethiopia, Iran, the United Arab Emirates and Indonesia, while Saudi Arabia has participated in BRICS meetings as its membership status has remained subject to clarification.
