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#USA

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Life & Lifestyle

Japan's New Intelligence Agency: Lessons From Korea's KCIA Abuses, America's NSA Overreach, and the UK's Tempora Program

Japan's National Intelligence Council Bill marks the country's biggest postwar intelligence reform. But similar PM-led intelligence bodies overseas have produced both spectacular successes (foiling the 2006 transatlantic bombing plot) and deep abuses: Korea's KCIA election interference, NSA mass surveillance, GCHQ's legal loopholes, BND monitoring German politicians for the NSA. What lessons should Tokyo draw?

Technology

Alpaca Becomes First Japanese-Founded US Unicorn: Brokerage API Startup Aims to Be the 'AWS of Finance' at $1.15B Valuation

Alpaca, founded by two Japanese entrepreneurs in Silicon Valley, hit a $1.15 billion valuation in its Series D round, becoming the first Japanese-founded US unicorn. Serving SBI Securities, Kraken, and 300+ institutions across 40 countries, it aims to be the 'AWS of finance', alongside Plaid and Stripe. Why did they build this in America, not Japan?

Business & Economy

Elliott's $1 Billion Bet on Daikin Signals a Strategic Shift: Japan's Activist Playbook No Longer Requires Hidden Assets

Elliott Investment Management has poured over $1 billion into Daikin Industries, the world's largest HVAC maker, demanding margin improvements, ¥150 billion in annual buybacks, and a portfolio overhaul. Unlike Elliott's usual Japan targets rich in real estate and cross-shareholdings, Daikin marks a strategic pivot toward operational activism, fueled by HVAC sector expertise gained from Johnson Controls.