China is keeping up with the rapid speed of technological development, and Beijing is aligning its vision to become the world’s biggest economy with heavy investments into its sector’s core technology startups. According to the Wall Street Journal, China is restraining the influence of what once were the leading tech companies in the country, and at some point globally, […]
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Ties between Beijing and the Gulf are being forged to heighten economic cooperation to reach a free trade agreement, as both regions tackle geopolitical matters with the West. Wang Yi, China’s foreign minister, revealed Beijing’s intentions of gaining momentum on the growth of developing a free trade era with the Emirates, with the intentions of […]
Chinese President Xi Jinping is seeking to further tighten the grip on the country’s digital economy, demanding altered regulations and governance over the industry. The President expressed his vision of China’s digital economy, referring to its growth as “unhealthy” development, with a goal of reinforcing China’s economic growth through technological development. China should “cultivate a […]
The operator Telia Lithuania purchased a two hectare land plot near Vilnius as the site for a new data center. This will be the largest data center in the country, according to its plans, and the company will invest $11 million in its construction. It took over the rights of ownership for the plot at […]
GameStop Corp’s plans to expand its non-fungible tokens (NFTs) marketplace and partner with crypto firms boosted the video game retailer’s shares by 17.5 percent in premarket trading and also lifted other meme stocks. GameStop shares have been languishing for a while, like several other meme stocks, as interest from retail investors dwindled. The lot, which […]
The United States and Japan on Friday voiced strong concern about China’s growing might and pledged to work together to push back against attempts to destabilize the region, including against emerging defense threats. The comments from the two allies, in a joint statement that followed a virtual “two-plus-two” meeting of their foreign and defence ministers, […]
As of Tuesday, Blackberry phones will no longer be in full functionality, as the company uncovered plans to stop supporting its historical phones, running on software for Blackberry 10, 7.0 OS, and earlier. Blackberry Limited – formerly known as Research in Motion (RIM) – will stop operations on its operating systems (OS) as a part […]
In its intraday trading on Monday, Apple became the first to reach a $3 trillion valuation when its shares hit $182.86 per share, followed by a dire drop below its milestone, as the company seeks out to fortify its capital reign on the market. The Big Tech giant welcomes the new year with hopes of […]
Chinese Telecommunications company Huawei Technologies Co Ltd unveiled its 2021 revenue expectations to drop by almost 30 percent as it fights off U.S. sanctions. In a letter sent to its employees on Friday, Huawei’s rotating chairman Guo Ping said that the revenue for 2021 is estimated to reach $99.48 billion. This marks a 28.9 percent […]
2021 came, and with it came the wave of emerging technologies in various sectors, be it medical, sustainability, blockchain technology, and much more. And while 2021 wasn’t as intense as its predecessor, the year still brought with it some challenges that were quite an ordeal to overcome, or even avoid, for that matter. With this […]