The whole world has been holding its breath as the conflict between the Russian superpower, and the NATO-allied Ukraine boils on. As the conflict continues, the role of digital technology in the Ukraine War is reveals itself to be more central than ever. Ukraine is heavily backed by NATO forces, and this makes the Russian […]
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The White House held a classified briefing on Wednesday with some U.S. lawmakers on the dire risks to the American economy from semiconductor supply chain issues as it pushes Congress for $52 billion in funding to subsidize production. White House National Economic Council Director Brian Deese told reporters “the best estimates are the lack of […]
The U.S. dollar’s share of world currency reserves continues to ebb slowly – but reserve stashes are only one measure of its dominance of global finance, and there’s no realistic scenario where that gets derailed any time soon. Central banks and private businesses need their rainy day funds to be in liquid assets that are […]
Microsoft Corp’s LinkedIn boosted subscription revenue by 8 percent after arming its sales team with artificial intelligence software that not only predicts clients at risk of canceling, but also explains how it arrived at its conclusion. The system, introduced last July and described in a LinkedIn blog post on Wednesday, marks a breakthrough in getting […]
As we bid 2021 farewell, the takeaway from this eventful year is that we should learn to cling to the wave of change that accompanies the human race and, with it, the wave of endless innovations. 2021 came, and along came the never-ending opportunities of financial innovation to evolve as a race and clutch to […]
JPMorgan boss Jamie Dimon warned on Monday that the bank could lose about $1 billion on its Russia exposure, the first time it has detailed the extent of its potential losses resulting from the conflict in Ukraine. In his keenly watched annual letter to shareholders, the chairman and chief executive of the biggest U.S. bank […]
Ooredoo is the leading telecom operator in Qatar and one of the longest-serving communications service providers in the region. Formerly known as Qatar Telecom (Qtel), it adopted the new brand of “Ooredoo” in March 2013. It is mainly owned by the Qatari government or affiliated organizations, at a sum of 69 percent. It is classified […]
Investors sent Toshiba Corp shares sharply higher on Friday as they bet the Japanese conglomerate could become the target of a bidding war after Bain Capital sounded out shareholders about a possible buyout. The stock jumped 6.7 percent in morning Tokyo trade on expectations that global private equity firms could be lining up to take […]
One of the things that mega tech powerhouses, Apple and Meta, are openly proud of is the level of security they hold for their users’ data. But, in an unpreceded event, it appears that the tech giants were handing users’ data to hackers , or “officials,” or in this case, disguised as officials from law […]
Wireless Fidelity, or simply Wi-Fi, standardized under IEEE 802.11, revolutionized the way we connect and access the internet. It allowed ubiquitous connectivity and a declining dependence on wired Ethernet connections and modems. Wi-Fi has become an integral part of our life with our houses, workplaces, leisure centers, even public transportation facilities, among others, equipped with […]