Search results for "TECHNOLOGY"

Sci-Fi Tech: Space Elevators

You might be taking an elevator to the stars soon enough. While human teleportation is nearly impossible, a tubelike space elevator is plausible. While some may say the materials needed to build such elevators is quite scarce. Big names in technology, such as Japan, are still pushing forward with the space elevator. If we put […]

Question the Answer

We are born with the capacity to learn how to develop with time, and those who lived before us sensed the future we live in now. Previous generations questioned what the far future would be like, and we, in the present time, are living the digital dream. We are living their vision of how a […]

The Digitization of Africa: The Mission of Mr. Mzimba

At the exact point where the northward urban sprawl of Johannesburg meets the southernly expansion of Tshwane (formerly Pretoria) sits the nerve center of Vodacom, the only Vodafone company in the world with a different name. Vodacom Park. Far from being an actual park, the HQ of South Africa’s biggest network operator is a bustling […]

U.S. Wants at Least 2 Advanced Computer Chip Centers Built, Commerce Chief Says

U.S. Commerce Secretary Gina Raimondo on Thursday said the government will encourage companies to build at least two advanced domestic computer chip factories employing thousands of union workers, as part of a $52.7 billion dollar initiative. The centers would also include a “robust supplier ecosystem,” Raimondo said in a speech in Washington. “America needs to […]

U.S. Labor Market Resilient; Inflation Hotter in Fourth Quarter

The number of Americans filing new claims for unemployment benefits unexpectedly fell last week, pointing to a persistently tight labor market, and further fueling fears that the Federal Reserve could raise interest rates higher than anticipated. Those worries were amplified by other data on Thursday showing inflation was much stronger than initially thought in the […]

Nvidia Results Show Its Growing Lead in AI Chip Race

As the artificial intelligence boom takes off, Nvidia Corp is expected to emerge as the biggest – though not the only – winner in the AI chip race among chipmakers after years of focusing on the technology has made it a go-to supplier for tech firms. AI has emerged as a bright spot for investments […]

Elon Musk’s Challenge: Stay Ahead of the Competition

Elon Musk will confront a critical challenge during Tesla’s Investor Day on March 1: Convincing investors that even though rivals are catching up, the electric-vehicle pioneer can make another leap forward to widen its lead. Tesla Inc was the No. 1 EV maker worldwide in 2022, but China’s BYD and others are closing the gap […]

Ericsson to Lay Off 8,500 Employees - Memo

Telecom equipment maker Ericsson will lay off 8,500 employees globally as part of its plan to cut costs, a memo sent to employees and seen by Reuters said. While technology companies such as Microsoft, Meta and Alphabet have laid off thousands of employees citing economic conditions, Ericsson’s move would be the largest layoff to hit […]