In its plan to pump investments into the Middle East, Chinese telecommunications giant Huawei revealed Tuesday plans to create a cloud region in the Kingdom of Saudi Arabia (KSA). The move, which will play a fundamental role in expanding the company’s influence in the Middle East, will bring forth more support to local businesses and […]
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Rain Neuromorphics Inc., a startup designing chips that mimic the way the brain works and aims to serve companies using artificial intelligence (AI) algorithms, said on Wednesday it raised $25 million. Gordon Wilson, CEO and co-founder of Rain, said that while most AI chips on the market today are digital, his company’s technology is analogue. […]
Shifting straight to eSIMs is a more strategic choice In October 2021, telecom giant and leading global mobile network operator (MNO) Vodafone announced its new Eco-SIM — made from recycled plastic. Any sustainability feat is positive for the telecommunications industry, which contributes two per cent of the global emissions total. But why stop at recycled […]
The United Arab Emirates (UAE) Government launched its United Nations (UN) platform, “Big Data for Sustainable Development,” in an initiative directed at fulfilling the requirements for the Middle East and North Africa (MENA) region. The declaration came throughout the “Mobilizing Big Data Science for the Sustainable Development Goals” forum, which was kicked off on January […]
Samsung, the South Korean electronics giant, revealed a new record in its 2021 fourth quarter (Q4), marking an annual operating profit of $42.9 billion and $232.4 billion in revenue. Compared to its third-quarter (Q3) revenue, Samsung hit a whopping $11.5 billion in operating profit and $63.6 billion in revenues. The heightened capital for the electronics […]
The U.S. Federal Aviation Administration (FAA) on Tuesday issued approvals for additional altimeters that allow about 90% of the U.S. commercial aviation fleet to perform low-visibility landings at airports where 5G wireless is deployed. The FAA said it had cleared seven additional altimeters, bringing the total approved to 20. As of last week, it had […]
It is, by definition, a decentralized ledger. Every record written and every action and transaction occurring on the blockchain is secured by a unique cryptographic key that is meant to be unhackable. Every time a new block on the chain is formed. This means that every action on the blockchain is dependent on the two […]
Sony Group will likely add new technology partners to its electric vehicle (EV) project to help it forge a mobility business to transform cars from transportation machines to entertainment spaces, a Sony executive told Reuters. An ongoing shift to electric cars, which are easier to build than those with internal combustion engines, is allowing new […]
Creating an official digital version of the U.S. dollar could give Americans more, and speedier, payment options, but it would also present financial stability risks and privacy concerns, the U.S. Federal Reserve said in a long-awaited discussion paper released on Thursday. The paper made no policy recommendations and offered no clear signal on where the […]
Netflix Inc dashed hopes for a quick rebound after forecasting weak first-quarter subscriber growth on Thursday, sending shares sinking nearly 20 percent and wiping away most of its remaining pandemic-fueled gains from 2020. Netflix projected it would add 2.5 million customers from January through March, less than half of the 5.9 million analysts had forecast. […]