Meta Platforms Inc is planning to begin large-scale layoffs this week that will affect thousands of employees, the Wall Street Journal reported on Sunday citing people familiar with the matter, with an announcement planned as early as Wednesday. Meta declined to comment on the WSJ report. Facebook parent Meta in October forecasted a weak holiday […]
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Chinese chip manufacturer Hua Hong Semiconductor Ltd has received regulatory approval for an 18 billion yuan ($2.5 billion) IPO in Shanghai, according to a filing published late on Friday on the Hong Kong stock exchange. The planned initial public offering (IPO) comes as China’s chip companies gear up for steeper competition with the United States […]
Apple Inc expects lower shipments of premium iPhone 14 models than previously anticipated following a significant production cut at a virus-blighted plant in China, dampening its sales outlook for the busy year-end holiday season. Demand for high-end smartphones assembled at Foxconn’s Zhengzhou plant has helped Apple remain a bright spot in a technology sector battered […]
The dropbox data breach that recently took place highlighted prior security breaches. The passwords and data compromised come within an extensive list of primarily exposed credentials. It seems like dropbox is a frequent target for hackers. Dropbox might be considered negligent, but is that the case? Let us reflect further. How Did it Happen Like […]
The battle for mobile service and internet providers is raging in the United States, with AT&T and Verizon in direct competition. Both carriers offer excellent extensive service, and the margin of competition is slim. Yet the AT&T Verizon rivalry is hitting its peak currently, on many levels. Providing internet, phone services, and data plans, both […]
The demand for telecom services is at an all-time high. Such high demand is powered by the Internet of Things(IoT), 5G networking, and edge computing. The burning demand presents substantial revenue potential for communications service providers(CSPs). Yet with such prospects comes risk. The massive influx of users generates immense amounts of data. Telecom companies realized […]
Quantum computer startup QuEra, born from researchers at Harvard University and the Massachusetts Institute of Technology, said on Tuesday its computer is now accessible to the public through Amazon.com cloud’s quantum computer service Braket. While there are various technologies for creating so-called quantum bits or qubits where the computations happen, QuEra’s qubits use neutral atoms […]
Released as open-source software in 2009, Bitcoin was the first decentralized cryptocurrency and became the largest by market cap. But the concept of digital asset mining was proposed 27 years before this, in 1983. Today, there exists over 12,000 cryptocurrencies, and some companies accept them as valid payment methods, such as big tech giant, Apple […]
5G is a very distinctive upgrade from the previous generations. And it boils down to one key factor, Speed. Such speeds are possible because 5G operates on a larger radius of the radio spectrum. This increase in radius allows wireless devices to be more efficient with signal transmission. 5G further allows more fast-paced data processing […]
Alphabet Inc’s Google said on Tuesday it would buy about three-quarters of the renewable power from SB Energy Global’s Texas facilities, as it aims to operate data centers on carbon-free energy by 2030. Companies are rapidly shifting toward clean energy and transportation as they look to meet environmental and sustainability goals. The $430-billion Inflation Reduction […]