Search results for "IT"

Ferrari Partners With Samsung to Develop In-Car Displays

Italian supercar maker Ferrari said on Tuesday it had signed a deal with Samsung Display to use its organic light-emitting diode (OLED) display panels in future car models. The South Korean company will develop “bespoke OLED technology display solutions” for the next generation of Ferraris, Chief Executive Benedetto Vigna said in a statement. The heads […]

Bitcoin Pushes Past $30,000 as Investors Eye End of Rate Rises

Major cryptocurrency bitcoin breached the key $30,000 level for the first time in 10 months on Tuesday, adding to its steady gains as investors raised bets that the U.S. Federal Reserve will soon end its aggressive monetary tightening campaign. Bitcoin peaked at $30,438 in Asian trade and was last 2% higher at $30,262. It has […]

Alibaba Shows off Its Generative AI Tech, to Roll Out in All Apps

Alibaba Group Holding Ltd on Tuesday showed off its generative AI model – its version of the tech that powers chatbot sensation ChatGPT – and said it would be integrated into all of the company’s apps in the near future. Called Tongyi Qianwen, the AI large language model drafted invitation letters, planned trip itineraries and […]

Buffett Says Geopolitics a Factor in Berkshire Sale of Tsmc Stake

Warren Buffett called geopolitical tensions “a consideration” in Berkshire Hathaway Inc’s decision to sell most of its stake in Taiwanese chipmaker TSMC just a few months after buying it, Nikkei reported on Tuesday. Berkshire had bought more than $4.1 billion of Taiwan Semiconductor Manufacturing Co’s shares between July and September 2022, but in February said […]

The Potential Effects of a Cryptocurrency Market Collapse on Bitcoin

An Analysis of Bitcoin’s Resilience and its Future Outlook Bitcoin, the world’s first decentralized digital currency, has been on a rollercoaster ride since its inception. Its price has seen massive fluctuations, from a few cents to its all-time high of almost $65,000. While its volatility is well-known, Bitcoin’s resilience in the face of market crashes […]

U.S House Committee Chair ‘Concerned’ by Tesla Deals in China

The leader of a U.S. congressional committee on China said on Monday he was concerned about electric carmaker Tesla Inc’s dependency on China, a day after the company revealed plans to open a Megapack battery factory in Shanghai. Tesla announced the factory in a tweet on Sunday, and Chinese state media said it would initially […]

Blockchain Transforming the Telecom Industry's Security

One of the primary aspects driving market expansion is growing security concerns among telecom enterprises worldwide. Blockchain in telecom offers greater security by encrypting all transactions with cryptography. Furthermore, the growing need for smart contracts is propelling market expansion.  Blockchain Brings Value to the Telco Value Chain  The provision of the network infrastructure and connectivity […]

Profits or People? Debating Telecom's Influence on the Global Gig Economy

 In this piece, we will explore the role of the telecom industry in the globalization of the gig economy. With the rise of high-speed internet and communication technologies, workers can now seamlessly connect with employees and clients globally.   __________________   From pixels to paychecks, the gig economy has taken the world by storm, promising unprecedented autonomy […]

In Beijing, French Business Community Welcomes Macron’s Overtures

Among the French business executives travelling to Beijing with President Emmanuel Macron, the mood was cautiously sanguine on the thawing post-pandemic trade prospects with China, with some rejecting American-led calls for ‘decoupling’. Macron travelled to China with a 50-strong delegation of business leaders including the CEOs of Airbus, Alstom and EDF, raising eyebrows among some […]

Exclusive - German Banks Hit by Wave of Complaints from Savers

Complaints from consumers about banks and other financial firms in Germany rose by a fifth last year, official data shows, as regulators flex their muscles to shore up trust in the sector. BaFin, Germany’s financial watchdog, has been increasing its focus on consumer protection in the wake of the collapse of Wirecard, the blue-chip payment […]