Search results for "China"

Apple reaches $2 trillion market value as tech fortunes soar

BERKELEY, Calif. (AP) — Apple has become the first U.S. company to boast a market value of $2 trillion as technology continues to reshape a world where smartphones are like appendages and digital services are like instruments orchestrating people’s lives. The iPhone maker reached the $2 trillion milestone in Wednesday’s early stock market trading when […]

Covid-19 pandemic makes UK SMEs vulnerable to cyberattacks

The United Kingdom is already vulnerable to cyberattacks. A study conducted by Specops on cybercrimes between 2006 and 2020 shows that the country is the second most targeted by significant cyberattacks. In light of the Covid-19 pandemic, many companies have shifted their businesses online in response to the lockdown measures. A significant number of UK […]

Trump administration imposes new Huawei restrictions

The Trump administration is further tightening restrictions on China’s Huawei, seeking to starve it of crucial components by cutting off all access to U.S. technology. “We don’t want their equipment in the United States because they spy on us,” Trump told Fox News on Monday. “And any country that uses it, we’re not going to […]

Could COVID-19 technology backfire on us?

The sudden widespread use of technology as a result of the pandemic may put us in a complicated situation later down the road. Countries with no prior infrastructure for certain technologies have had to adapt over a short time, causing both disruption and advancement. Could COVID-19 technology backfire on us? Working from home, remote meetings, […]

Huawei: Smartphone chips running out under US sanctions

BEIJING (AP) — Chinese tech giant Huawei is running out of processor chips to make smartphones due to U.S. sanctions and will be forced to stop production of its own most advanced chips, a company executive says, in a sign of growing damage to Huawei’s business from American pressure. Huawei Technologies Ltd., one of the […]

COVID-19 and the impact on technology markets

As the current pandemic continues, COVID-19 and the impact on technology is becoming ever-more noticeable. The impact has already started with major brands such as Apple and Nissan reporting knock-on effects caused by production and supply chain dependency in China. Understanding when the outbreak can be brought under control will help determine the severity of […]

Trump bans dealings with Chinese owners of TikTok, WeChat

NEW YORK (AP) — President Donald Trump has ordered a sweeping but unspecified ban on dealings with the Chinese owners of consumer apps TikTok and WeChat, although it remains unclear if he has the legal authority to actually ban the apps from the U.S. The twin executive orders issued Thursday — one for each app […]

Living with COVID-19: How long will this last?

COVID-19 isn’t going anywhere for a while. Researchers warn that we may have to start getting used to living with COVID-19 well into 2021 and possibly 2022. A UN report as well as interviews with several university professors and researchers sheds some light onto our situation, and the way out. Promising leads on vaccines are […]

Ethio Telecom reports exceptional performance and $1.3 billion in revenue

Ethiopianauthorities have been looking to liberalize the telecom market managed by Ethio Telecom for two decades. However, as of late, the company has registered significant achievements. Ethio Telecom announced earnings of $1.3 billion in the 2019/20 fiscal year, which ran from July 1, 2019, to June 30 2020. During a press conference, Ethio Telecom’s Chief […]

Microsoft confirms talks seeking to buy US arm of TikTok

NEW YORK (AP) — Microsoft confirmed Sunday it is in talks with Chinese company ByteDance to acquire the U.S. arm of its popular video app TikTok and has discussed with President Donald Trump his concerns about security and censorship surrounding such an acquisition. In a statement, Microsoft said Microsoft and ByteDance have provided notice of […]