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Moderna Predicts Boost to Sales from COVID-19 Turning Endemic

Moderna Inc on Thursday projected higher vaccine sales for the second half of the year as it sees COVID-19 becoming a flu-like endemic illness, prompting people to take regular shots. The company expects $19 billion in sales of its vaccine this year from $18.5 billion previously and said talks were ongoing for vaccine orders in […]

Limited Impact on Chips yet as Russia Invades Ukraine, Future Uncertain

Large chip companies so far predict limited supply chain disruption from the Russia-Ukraine crisis, thanks to raw material stockpiling and diversified procurement, but some industry sources worry about the longer-term impact. One of the worst security crises in Europe in decades is unfolding, with Russian President Vladimir Putin on Thursday authorising a military operation in […]

European Stocks Flat as Russia-Ukraine Jitters Keep Investors on Edge

European shares ended flat on Tuesday as gains in auto and travel shares were offset by geopolitical risks, with some Western countries imposing sanctions on Russia after it ordered troops into two breakaway regions of eastern Ukraine. The pan-European STOXX 600 index was flat, with automakers, travel stocks and technology shares the top gaining sub-indexes, […]

UK Car Industry Calls for EV Charger Mandate, Regulatory Oversight

Britain’s auto industry called on the country’s government on Wednesday to mandate targets for rolling out electric vehicle (EV) charging infrastructure and create a new regulatory body to oversee the market conditions and enforce minimum standards. The Society of Motor Manufacturers and Traders (SMMT) said in a statement that the industry has come up with […]

Web 3 Cyber Threats to Watch Out For in 2022, and Beyond  

Web 3, as we have covered in previous articles, is essentially a blockchain-based internet. It adds the dimension of ownership and decentralization to the internet that we already know, but more importantly, it is an internet that is readable and navigable by a machine, and it is a whole new frontier.   What is, in essence, […]

Amazon Resumes Hiring Spree in South Africa

E-commerce giant, Amazon, is centering its interest towards South Africa with new job listings in the country in various fields, including customer support, senior management, and more. Since 2004, the Big Tech giant has marked its robust presence in the oldest and second-largest city in South Africa, Cape Town. Then, in late 2018, it changed […]