One of the digital age’s most relentless discussions circulates around the connection of blockchain in trade finance. Blockchain has the power to reshape trade finance as it has the utmost capacity to decrease unnecessary frictions and inefficiencies taking over the trade finance value chain. This cryptographic ledger is a vital apparatus that would optimize any […]
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Japanese wireless carrier KDDI Corp said on Tuesday all telecommunications networks have returned to normal after a nationwide system failure. Telecommunication services for both corporate and individual customers have been confirmed fully operational as of 1536 JST (0636 GMT), the company said in a statement. The disruption, which began in the early hours of Saturdaymorning, […]
Taiwan’s Foxconn, the world’s largest contract electronics maker, raised its full-year business outlook on Monday thanks to strong sales of smartphones and servers despite concerns of slowing demand due to rising inflation. Like other global manufacturers, the Taiwanese firm has grappled with a severe shortage of chips, which has hurt smartphone production including for its […]
Tata Motors aims to sell about 50,000 electric vehicles (EVs) in the fiscal year to March 31, and double that in the 2023/24 period, Chairman N Chandrasekaran told a shareholders’ meeting on Monday. In 2021/22, Tata Motors sold 19,105 EVs, a growth of 353 percent from the previous fiscal year. Chandrasekaran also said that his […]
In a new take on ancient technology, Cargill, one of the world’s biggest charterers of ships, is to add state-of-the art sails to a vessel early next year to test whether wind power can cut its carbon emissions, a top company executive said. With about 90 percent of world trade transported by sea, shipping accounts […]
The ongoing war between Russia and Ukraine has been devastating in the battlefield, but with its repercussions escaping the borders of the conflicting countries to impact every other country in the world. Ukrainian wheat, Russian oil and gas have been causing severe problems for countries who rely on imports to satisfy their needs. The ban […]
AI chatbot company Replika, which offers customers bespoke avatars that talk and listen to them, says it receives a handful of messages almost every day from users who believe their online friend is sentient. “We’re not talking about crazy people or people who are hallucinating or having delusions,” said Chief Executive Eugenia Kuyda. “They talk […]
India’s telecom giants are likely to make muted bids at the 5G spectrum auction in July, on worries they stand to lose about 40 percent in potential revenues due to the allotment of some airwaves to enterprises for private networks, industry sources said. Top player Reliance Industries’ Jio and rivals Bharti Airtel and Vodafone Idea […]
Alphabet unit Google has been targeted by a French consumer group and its peers in complaints to privacy watchdogs over its vast trove of users’ personal data harvested via their Google accounts, European consumer organisation BEUC said on Thursday. In addition to the French consumer group, others in Greece, the Czech Republic, Norway and Slovenia […]
Cybersecurity and artificial intelligence (AI) are two very trending topics at the moment. AI has been the pivotal elements modifying business strategies, improving decision-making processes, and triggering automation in every industry in the world. The latest sentience debate is a clear indicator on serious and advanced AI is becoming nowadays. Cybersecurity is the other important […]