Search results for "tech companies "

6G Vision for 2030: What to Expect

5G networks are still rolling out globally. Many regions still operate using 4G and, in some cases, 3G networks. It might seem a bit early to talk about 6G networks when you factor in that not everyone uses 5G. In hindsight, technology strives to push the envelope. 6G vision for 2030 will take time to […]

Binance Plans to Buy Rival Ftx in Bailout as Crypto Market Crumbles

Crypto giant Binance signed a nonbinding agreement on Tuesday to buy FTX’s non-U.S. unit to help cover a “liquidity crunch” at the rival exchange, in a stunning bailout that raised fresh concerns among investors about cryptocurrencies. The deal between high-profile rivals Sam Bankman-Fried, FTX’s CEO, and Binance CEO Changpeng Zhao came as speculation about FTX’s […]

Farnek Launches Digital Solution to Support UAE Businesses on Their Journet to Net Zero

EEG Chairperson Habiba Marashi inaugurates ‘CarbonTek’, a new online tool which measures & analyses carbon emissions and supports businesses towards net zero   Dubai, United Arab Emirates, 08 November 2022: Leading UAE-based smart and green FM company Farnek has launched a state-of-the-art online carbon footprint calculation tool, ‘CarbonTek’ which can measure and analyse carbon emissions and identify carbon […]

Metaverse Presents a Multi-Billion Dollar Opportunity for Middle East Telcos - Arthur D. Little Report

Dubai, UAE, November 9, 2022: Arthur D. Little (ADL) has published “The Metaverse: What’s In It For Telcos?” exploring how telcos can capture value by leveraging the metaverse. Metaverse represents a major new market for telcos with early estimates of the overall size of the Metaverse opportunity to be around $13 trillion by 2030. For example, Ericsson […]

Explainer-Crypto Industry Spends Millions on U.S. Midterm Elections

The cryptocurrency industry has spent millions of dollars on U.S. midterm election races during a year of heavy losses and upheaval in the sector, which hopes to gain sway among legislators as Congress debates tighter regulation of digital assets. Crypto evangelists view 2023 as a critical year for regulation, with Congress expected to make progress […]

The Necessity of a Mobile-First Strategy

We have come to rely on our smartphones for our relationships, finances, health, and welfare, as well as the way we interact, learn, and conduct business. The modern digital world is mobile first. In today’s techy landscape, customers value flexibility and seamlessness in all their daily activities. This is why every company should consider a […]

Disney Shares Drop as Streaming Costs Drag on Earnings

Walt Disney Co missed Wall Street earnings forecasts on Tuesday as the entertainment giant racked up more losses from its push into streaming video, sending its shares tumbling 9 percent. The company gained more streaming customers than analysts had expected from July through September, but media investors have increasingly focused on profits over streaming subscription […]

As Musk Focuses on TWITTER, His $56 Billion Tesla Pay Goes to Trial

As Elon Musk is engulfed in his overhaul of Twitter, the entrepreneur is headed to trial to defend his record $56 billion Tesla Inc pay package against claims it unjustly enriches him without requiring his full-time presence at the carmaker. A Tesla shareholder is seeking to rescind Musk’s 2018 pay deal, claiming the board set […]

Renault, Google Expand Ties in Automotive Software

Renault and Google said on Tuesday that they are expanding their partnership in software services for future Renault vehicles, adding that Google will become the preferred cloud supplier to the French automaker. The partnership with Google will also help Renault accelerate its “end-to-end digital transformation, from the design of the car to its market launch […]

The Dependency of Apple in China

Apple is one of the biggest names in the tech industry. It is a known fact that even though the brand is US based, the production is heavily based in China. This is a general practice among big tech names. The labor cost in China is cheaper, and most materials are available there. It makes […]