Search results for "China"

It’s time to start regulating AI from within

This year has been a roller coaster ride for the United States, from the emergence and swift spread of the Covid-19 pandemic to dreadful natural disasters, and the ongoing trade war the U.S. has been waging against China. The main headline that has dominated the news and even shaped the narrative of the U.S. presidential […]

Chinese FinTech could shatter records with $35B share offer

The world’s largest fintech company, China’s Ant Group, will try to raise nearly $35 billion in a massive public offering of stock that would shatter records. Alibaba-affiliated Ant Group, which operates a suite of financial products including the widely-used Alipay digital wallet in China and one of the world’s largest money market funds, will hold […]

NEC to develop UK 5G network, following trade agreement

Japanese IT giant NEC Corp. has agreed to support the UK’s development of fifth generation wireless networks across Britain, according to the British government. The announcement comes as Japan and the United Kingdom have penned a post-Brexit bilateral free trade agreement, in which it was made public via tweet by the UK Department for International […]

Technology to fight COVID-19: The challenges of facial recognition

As governments push forward to leverage technology to fight COVID-19, we should be fully aware that this integration can and probably will open the floodgates for technologies that will directly impact our society in ways that are much more profound than the pandemic.  AHA, facial recognition technology These are systems that scan images and videos […]

Huawei sales up, but growth slows under virus, US pressure

Chinese tech giant Huawei, one of the biggest makers of smartphones and switching equipment, said Friday its revenue rose 9.9% in the first nine months of this year, but growth decelerated in the face of U.S. sanctions and the coronavirus pandemic. Huawei Technologies Ltd. gave no sales figure for the most recent quarter ending in […]

COVID-19 prompts retail innovation

The pandemic has had an extremely influential impact on the way we shop. With a period characterized by lockdown restrictions, mandatory quarantine, curfews, and the closure of many retail stores across the country, the retail industry was left hanging in the balance. However, in these moments of adversity, retailers began shifting their attention to technology […]

We should be more realistic about 5G

There lies an unprecedented level of excitement shared by many far and wide, across almost all industries worldwide, as the world holds its breath awaiting the rollout of fifth-generation mobile networks. And rightfully so, since 5G will trigger a massive technological revolution on humanity which will affect every aspect of day-to-day life, as well as […]

The music industry and COVID-19 - a lost battle?

There isn’t a business in the world that hasn’t felt the wrath of the pandemic so far, and the music industry is no exception. After riding high on strong revenues prior to the pandemic, coronavirus hit full force, causing streaming numbers to decline and live revenue streams to become almost non-existent as social distancing, lockdowns and quarantines […]

Pakistan bans Chinese app TikTok over unlawful content

Pakistan blocked the Chinese social media app TikTok, saying the company failed to fully comply with the instructions to develop an effective mechanism to control unlawful content. In a statement, the Pakistan Telecommunication Authority said Friday that it took the step after receiving complaints against “immoral and indecent” content on the video-sharing platform. The PTA […]