Shanghai residents are turning to the blockchain to preserve memories of the city’s month-long COVID-19 lockdown, minting videos, photos and artworks capturing their ordeal as non-fungible tokens to ensure they can be shared and avoid deletion. Unable to leave their homes for weeks at a time, many of the city’s 25 million residents have been […]
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Wall Street’s main indexes closed a seesaw session higher on Monday, as investors bought in to technology names in the last hour of trading amid bets they had been overly beaten down ahead of this week’s Federal Reserve meeting. The gathering of U.S. central bank policymakers is widely expected to raise interest rates by half […]
The Bahrain Telecommunications Company was established in 1981 as the sole communications service provider in the country. The operator is mostly owned (directly or indirectly) by the Bahraini government with a total of 77 percent (more than 50 percent shared between Mumtalakat holding company and the social insurance organization). However, the telecommunications regulatory authority (TRA) […]
International semiconductor consortium ISMC will invest $3 billion in India’s southern Karnataka state to set up a chip-making plant, the state government said on Sunday. ISMC is a joint venture between Abu Dhabi-based Next Orbit Ventures and Israel’s Tower Semiconductor. U.S. chip giant Intel Corp has announced plans to acquire Tower. India’s first semiconductor fabrication […]
Wall Street ended sharply higher on Thursday after a strong quarterly report from Meta Platforms lifted beaten down technology and growth stocks and offset worries about the U.S. economy’s contraction in the first quarter. The Facebook parent surged 17.6 percent after the social network reported a larger-than-expected profit and rebounded from a drop in users. […]
Samsung Electronics plans to join as soon as next month a group of global corporations committed to 100 percent renewable energy, a person familiar with the matter said, as partners such as Apple Inc push it for action against climate change. Samsung, the world’s biggest chipmaker, is late to the green power pledge: It’s been […]
The U.S. Department of Justice on Monday announced the indictment of two Europeans for allegedly conspiring with a recently sentenced American cryptocurrency researcher to help North Korea evade U.S. sanctions. Alejandro Cao de Benos of Spain, who founded a pro-Pyongyang affinity organization, and Christopher Emms of Britain, a cryptocurrency businessman, were accused of recruiting the […]
Taiwan firms making chip and electronic components reported a mixed picture on Wednesday on work resumption in the eastern Chinese city of Kunshan after COVID-19 curbs, with some warning deliveries would be postponed until next month. China has put Shanghai under a tight lockdown since late March and neighbouring Kunshan has also tightened curbs to […]
Zain is undoubtedly one of the pillars of the telecom sector in the Middle East and North Africa. The story started in 1983 with the establishment of the Mobile Telecommunications Company (MTC), in a time where digital mobile communications was still being developed with mostly predominant fixed telephony. MTC soon became among the first providers […]
U.S. stock investors worried geopolitical uncertainty and the Federal Reserve’s fight against inflation could dent economic growth are heading for defensive sectors they believe can better weather turbulent times and tend to offer strong dividends. The healthcare, utilities, consumer staples and real estate sectors have posted gains so far in April even as the broader […]