Search results for "tech giant"

Here's why Ant Group is about to shatter IPO records

HONG KONG (AP) — Stella Su, who lives and works in Shanghai, has used an ATM only once in the past year. Instead of cash, in recent years she has done almost all her business using the digital wallet Alipay –- shopping in a mall, buying stuff online or transferring money to friends. “Now when […]

SK Telecom to rollout blockchain-powered wallet with ministry approval

South Korean telecom giant, SK Telecom, has announced the rollout of its first e-wallet aimed at digitally storing and managing government-issued documents, gaining approval from the country’s Ministry of Public Administration. According to SKT, the wallet will be powered by blockchain technology, and will be compatible with Government24’s digital initiative program, which promotes and encourages […]

Justice Dept. files landmark antitrust case against Google

WASHINGTON (AP) — The Justice Department on Tuesday sued Google for abusing its dominance in online search and advertising — the government’s most significant attempt to protect competition since its groundbreaking case against Microsoft more than 20 years ago. And it could just be an opening salvo. Other major tech companies including Apple, Amazon and […]

Intel to sell NAND business to SKorean rival for $9 billion

Intel has agreed to a $9 billion deal to sell most of its memory business to South Korea’s SK Hynix as it moves toward more diverse technologies while shedding a major Chinese factory at a time of deepening trade friction between Washington and Beijing. Intel said it will keep its “Optane” business of more advanced […]

5G and education: prepping the minds of tomorrow

As the 5G reality begins to take shape, all industries across the board are on their way to upgrade their business models, approaches and day-to-day operations accordingly. There is no doubt that 5G will be transformative, however, the bedrock of this technological revolution relies on the minds of people who are able to keep up […]

Apple unveils new iPhones for faster 5G wireless networks

Apple unveiled four new iPhones equipped with technology for use with faster new 5G wireless networks, hoping that demand for higher data speeds will spark demand for new phones. That might not happen as quickly as Apple would like. In a virtual presentation Tuesday, the company announced four 5G-enabled versions of the new iPhone 12 […]

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 […]

Industry 4.0 and cargo companies during COVID-19

Cargo companies during COVID-19 have transformed operations to help people meet their most essential needs, particularly pandemic-related supplies. Cargo industry giants Emirates SkyCargo and DP World have been busy adapting to the changes caused by the pandemic and utilizing tech that would not have otherwise entered the scene at such an accelerated pace. As covid-19 […]

How IoT and 5G will leap humanity into the future

The Internet of Things (IoT) is on rise. Connected devices are set to increase from 700 million to 3.2 billion by 2023, according to numbers by titan telecom manufacturer, Huawei. And with it comes endless technological possibilities that will rock modern society as we know it. This is great news for the IoT market, as […]

Duterte questions letting Facebook stay after accounts shut

President Rodrigo Duterte questioned why he should allow Facebook to continue operating in the Philippines after the social media giant removed accounts he said supported his government’s interests, including fighting insurgents. Facebook said last week it had removed a Philippine network of fake accounts whose operators tried to conceal their identities and used “coordinated inauthentic […]