Google’s parent Alphabet Inc is eliminating about 12,000 jobs, or 6% of its workforce, it said Friday, as Silicon Valley reels from recent layoffs and faces a troubled outlook. Alphabet, whose shares rose 3% in pre-market trading, is making the cuts just as the U.S. company confronts a threat to its long-held perch atop the […]
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The author who first envisioned the metaverse 30 years ago sat down on Wednesday with a top executive from the company investing billions in building it and agreed there were formidable hurdles to bringing it to the masses. Neal Stephenson, who coined the term in his 1992 novel “Snowcrash”, and Chris Cox, the chief product […]
A functioning society depends on the telecommunications sector. Over time, it proved crucial for families, communities, businesses, and governments. The COVID-19 pandemic and the widespread move to remote work increased the demand for a solid connection and an advanced telecommunications infrastructure for every civilization. Being a telecom CEO is a challenging task. In this article, […]
The collapse in the prices of digital assets over the past year will allow investors to focus on the “true value” of this new technology, the distributed ledger and the smart contracts that can be built on them, former Reserve Bank of India Governor Raghuram Rajan said on Wednesday. “The idea that somehow cryptos are […]
Everyone is curious to know what the world will look like in the future. Hold on if you thought of flying cars and robots! There are other fascinating technological developments to consider, like digitalizing paper money. Digital currency is not a newly generated term, as we became familiar with it a long time ago. The […]
Business Korea’s core alliances report that the government expects commercial 6G to become widely accessible from 2028 to 2030. What use cases will be made of the new technology as 6G networks promise speeds 50 times faster than those of 5G are still being determined. Even said, South Korea’s interest is not surprising given that […]
No one will refuse the opportunity to see what cities will look like in the future. You’ve probably wished you had a time machine that could take you further in time to see what the future of cities will bring and where your city is heading. In the absence of the time machine, I can […]
Despite multiple tech giants working on it, the metaverse has yet to arrive in all its virtual glory. In addition, the fifth generation of mobile networks (5G) has yet to be adequately adopted worldwide due to the public being satisfied and content with 4G. But once the metaverse is deployed, 5G adoption will skyrocket as […]
As part of an “essential step towards 5G,” networking behemoth Ericsson has been awarded a five-year contract by Deutsche Telekom to lay the foundations for its mobile network. Ericsson will update Deutsche Telekom’s 2G, 3G, and 4G networks with a multi-standard solution. The Swedish telecommunications company will provide its multi-standard radio access network as part […]
The U.S. Energy Department said on Friday it will lend ioneer Ltd up to $700 million to build its Rhyolite Ridge lithium mining project in Nevada, a major step forward in President Joe Biden’s plan to develop a domestic electric vehicle supply chain. Ioneer shares were up 16.3 percent at $16.30 on Friday afternoon in […]