Japan’s Panasonic Corp is looking to purchase land in the United States for a mega-factory to make a new type of electric vehicle (EV) battery for Tesla Inc, public broadcaster NHK reported on Friday. Panasonic is looking at building the factory, to cost several billion dollars, in either Oklahoma or Kansas close to Texas, where […]
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The escalating Russian-Ukrainian tension has reached new limits, with war on the horizons reaching across the globe as the invasion has directly affected South Africa’s economic growth and recovery. While the war escalates, South Africa’s economic growth is slowed down. The Financial and Fiscal Commission (FFC) released a presentation warning of the collateral damage that could […]
Quectel Wireless Solutions has published a new whitepaper explaining how Wi-Fi 6 is maturing into a new role that is complementary to LTE-M and 5G connectivity. With applications across indoor applications such as stadiums, large venues, offices, and hotels, Wi-Fi 6 is also being used outdoors in the automotive industry to enable applications including monitoring, […]
The United Arab Emirates (UAE) Artificial Intelligence Office and Dubai International Financial Center (DIFC) officially initiated its Artificial Intelligence (AI) and coding license to appeal to a global new wave of technology firms and coders. The license will give companies obtaining it the ability to work with the DIFC Innovation Hub, in addition to representing an estimate […]
Exxon Mobil likely will face new pressure to severe ties with Russia’s largest oil producer, said analysts, after rival BP agreed to unload a Rosneft stake. Russia’s attack on Ukraine has unleashed broad economic and political rebukes and corporate withdrawals by banks, technology and other firms unprecedented in their extent. BP on Sunday said it […]
North Korea said a test conducted on Sunday was for the development of a reconnaissance satellite system, state news agency KCNA reported on Monday, a day after a missile launch was detected from the country. KCNA’s report did not elaborate on what type of rocket had been used in the test, but authorities in South […]
eSIM as a Service provider Mobilise has partnered with communications solution provider OV to deliver a world leading embedded SIM (eSIM) only offering to a global customer base. OV, which is a division of mobile network operator (MNO) Manx Telecom, has developed its eSIM product for the traveler segment, with the aim of disrupting current industry standards and […]
The fallout to the global aviation industry from Russia’s invasion of Ukraine is spreading beyond the airspace closings over the conflict zone as airlines, lessors and manufacturers face up to growing risks of doing business with Russia. Alaska’s Anchorage Airport, a popular refueling hub for long-haul flights when Western airlines were unable to access Russian […]
U.S. stocks ended sharply higher on Thursday, led by a three percent gain in the Nasdaq, in a dramatic market reversal as U.S. President Joe Biden unveiled harsh new sanctions against Russia after Moscow began an all-out invasion of Ukraine. The S&P 500 rose more than one percent, ending a four-day slide amid worries over […]
Meta Properties chief executive officer (CEO) Mark Zuckerberg held on Wednesday a comprehensive presentation with the company’s Artificial Intelligence (AI) team to address its future endeavors in “Building the Metaverse with AI.” Presented on the company’s official Facebook page, Meta’s AI Lab proposition highlighted how “through the power of artificial intelligence, we will enable a […]