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. […]
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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 […]
Last month, the cybersecurity circle buzzed with a new attack denoted as browser in the browser (BitB) attack. Phishing attacks in general and browser attacks, in particular, have been known for some time now. So what are browser in makes this new discovery so dangerous? What are Phishing and Man-in-the-Middle Attacks? Phishing attacks have been […]
Shipments of some Apple products, as well as Dell and Lenovo laptops are likely to face delays if China’s COVID-19 lockdowns persist, analysts said, as curbs force assemblers to shut down and closed-loop arrangements get harder to maintain. China’s race to stop the spread of COVID-19 has jammed highways and ports, stranded workers and left […]
Prices for wind and solar power in major global markets have climbed nearly 30 percent in a year as developers have struggled with chaotic supply chains and surging costs for everything from shipping to parts to labor, according to a report published on Wednesday. Contract prices for renewables jumped 28.5 percent in North America and […]
Taiwan’s premier has called for the swift passage of revisions to laws mandating tougher punishments to prevent China from stealing its chip technology, saying the threat from the “red supply chain” needed an effective deterrence. In February, Taiwan’s Cabinet proposed toughening the rules, amid rising concern in Taipei that Beijing, which claims the democratically ruled […]