A month into India’s pilot project for using an official digital rupee for inter-bank and institutional transactions, stakeholders are seeing no benefits, several bankers said. Seven bankers told Reuters that using the e-rupee of the Reserve Bank of India (RBI) was much the same as internet-based banking that users were already satisfied with. The RBI […]
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French President Emmanuel Macron will use a state visit to Washington this week to press European Union concerns about the United States’ huge new green energy subsidy package. While EU countries welcome the new commitment to energy transition, they fear the $430 billion Inflation Reduction Act will put their companies at an unfair disadvantage. WHY […]
It was the Africa Tech Festival 2022 that triggered the conversation surrounding startups expanding to the global market. Managing partner at HAVAIC, Ian Lessem, led the discussion on the first day of the three-day event. A startup develops a unique product or service that becomes irreplaceable for consumers. However, many need help to hit the […]
China opposes the U.S. Federal Communications Commission’s ban on new Chinese telecommunications equipment sales, the commerce ministry said on Thursday, vowing to adopt necessary measures to safeguard the rights of its domestic firms. The Biden administration on Friday banned the sale or import of new telecommunications equipment from China’s Huawei Technologies and ZTE, citing national […]
The U.S. State Department has approved the potential sale of an anti-drone system to Qatar in a deal valued at $1 billion, the Pentagon said on Tuesday. The principal contractors will be Raytheon Technologies Corp, SRC and Northrop Grumman Corp, the Pentagon said in a statement. It added that the Pentagon’s Defense Security Cooperation Agency […]
In 1963, DARPA (the Defense Advanced Research Projects Agency) funded MIT’s Project MAC on the condition that the developers create a technology allowing for a “computer to be used by two or more people, simultaneously.” And thus, the first pillar of cloud computing was placed. Cloud computing refers to the delivery of computing services (i.e., […]
U.S. stocks ended sharply lower on Monday after protests in major Chinese cities against strict COVID-19 policies sparked concerns about economic growth, while Apple Inc slid on worries about a hit to iPhone production. Shares of the Cupertino, California tech giant lost 2.6 percent and weighed heavily on the benchmark S&P 500 index as worker […]
What role does green hydrogen created from renewable energy sources using electrolyzers play in the global effort to decarbonize electricity and smart energy grids? Is it an unrealized chimera, a conceivable but distant reality, a game-changer, or the answer to all of our decarbonization problems? In this post, we review the many methodologies being investigated, […]
With soaring living costs hitting the UK hard, the rise in bills is becoming increasingly noticeable and, for many, increasingly challenging to afford. That includes our broadband bills. Here, Guy Miller, CEO of full fibre broadband network operator, MS3 Networks, shares his advice on getting the best broadband deal. The cost-of-living crisis is affecting almost […]
The world is just learning to walk again after the pandemic. Yet the news of an economic downturn is already circulating fast. Information technology solutions proved vital in understanding and overcoming obstacles. Making it a logical choice to rely further on information technology solutions to lessen the weight of the upcoming economic downturn. Technology advances […]