The spread of COVID-19 vaccines will power a stronger global economic recovery in 2021, the International Monetary Fund forecast Tuesday. After sinking 3.5% in 2020, the worst year since World War II, the global economy will grow 5.5% this year, the 190-country lending organization predicted. The new figure for 2021 is an upgrade from the […]
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Many of Big Tech’s expected future regulatory challenges are a result of their own making – as in the case of Facebook, Google, and Amazon. These companies are being charged by some countries with monopolistic tendencies, prompting some of the regulators in states to send warnings to these firms so they can get their act […]
The worldwide COVID-19 pandemic caused dips in many industries, affecting everything from investments to supply chain as the global population took refuge within the safety of their own homes throughout the majority of 2020. However, many have noted that 2021 will be different, as numerous vaccines have mushroomed all over the world to kickstart the […]
Budget Chinese phone maker, Honor, outlined late last week its new brand strategy as it kicks off the year as a fully independent company, aiming to broaden its scope onto various other technologies. During a livestreamed event, George Zhao, CEO of Honor Device Co., Ltd unveiled a slate of new products for 2021, including the […]
The exclusion of Chinese tech companies from Western countries’ fifth generation rollout efforts due to alleged security concerns will negatively impact the progression of the technology for years to come, a recent report highlighted. According to a new report by global tech advisory firm ABI Research, phasing out vendors could hamper worldwide deployment by several […]
Twitter locked the account belonging to the Chinese Embassy in Washington after a tweet stated that Uighur women in Xinjiang have been emancipated and are no longer “baby making machines.” One of the final acts of the Trump administration this week was declaring that China’s policies and actions in regard to Muslims and ethnic minorities […]
A recent report predicts a hopeful trend for the cinema industry after Covid-19 after revenues took a crippling 95 percent dive in the past year. Since movie theaters stopped being an option for weekend outings and entertainment, Box Office films saw a devastating drop in ticket sales across the board. It is partly due to […]
The year 2020 will always be remembered as the year where the world’s population locked itself indoors to ward off COVID-19 pandemic. Last year will also be remembered as the year that smartphones became one of the few tools for communication, playing games, downloading apps and accessing news and information in most countries around the […]
The Justice Department and the federal court system disclosed on Wednesday that they were among the dozens of U.S. government agencies and private businesses compromised by a massive, months-long cyberespionage campaign that U.S. officials have linked to elite Russia hackers. The extent of the damage was unclear. The department said that 3% of its Microsoft […]
The Dominican Republican is anticipated to launch 5G services during 2021, with the government planning to begin a multi-spectrum tender during the second week of January making it the second country in Latin America who pushes for 5G. President Luis Abinader said the 5G network will represent a “great step forward” in terms of […]