Search results for "IT"

What Reaching the Size Limit of the Transistor Means for the Future

The advances in computing and communications wouldn’t have been possible without the transistor. This small semiconductor device invented at Bell Labs in 1947, has allowed the proliferation of integrated circuits, the core element in any hardware component. The latest semiconductor shortage is a clear reflection of the important place it has in current technologies. Over […]

Meta and Other Tech Giants Form Metaverse Standards Body, Without Apple

Meta, Microsoft and other tech giants racing to build the emerging metaverse concept have formed a group to foster development of industry standards that would make the companies’ nascent digital worlds compatible with each other. Participants in the Metaverse Standards Forum include many of the biggest companies working in the space, from chip makers to […]

Big Tech Bill Advocates and Critics Keep Pressure on U.S. Lawmakers

Supporters of a U.S. bill aimed at reining in Big Tech platforms like Amazon.com and Alphabet’s Google have flooded lawmakers with nearly 4,000 phone calls, while critics of the legislation sent a letter telling senators it would “harm consumers.” Versions of the bill have progressed further than any previous Big Tech antitrust legislation, with strong […]

Digital Financial Services in Developing Countries

The digital era has expanded its limitations of deliverance to reach financial services. The World Bank is implementing a strategy to enlarge the adoption of digital financial services in developing countries to answer poverty and suffering economies. The integration of technology and finance (Fintech) in countries where an economy based on traditional services is suffering […]

Crypto Lender Babel Finance Wins Debt Repayment Reprieve after Withdrawal Freeze

Babel Finance, the Hong Kong-based crypto lender which suspended withdrawals and redemption of crypto assets on Friday, said it has reached an agreement with counterparties on the repayment of some debts to ease short-term liquidity. Cryptocurrency valuations have plunged in recent weeks as investors dump risky assets in a rising interest rate environment. Bitcoin BTC=BTSP, […]

5G vs. Wi-Fi: Harmony or Competition?

The evolution of wireless technologies has been going at a steady pace. Two technologies have been dominating the market for more than two decades.  The advent of GSM or 2G as it is widely known, has allowed true mobile communications that culminated with the latest 5G evolution, while the Wireless Fidelity (Wi-Fi) standard has brought […]

Tencent Forms 'Extended Reality' Unit as Metaverse Race Gathers Steam

China’s Tencent Holdings announced to its staff on Monday the official formation of an “extended reality” (XR) unit, three people familiar with the matter said, formally placing its bets on the metaverse concept of virtual worlds. The unit is tasked with building up the extended reality business for Tencent including both software and hardware, the […]

Bitcoin Recovers, Climbs 7.6 Percent to Pass $20,400

Bitcoin on Sunday rose around 7.6 percent to $20,404 from its previous close, signaling a recovery from a sharp drop on Saturday. Bitcoin, the world’s biggest and best-known cryptocurrency, is now up 16.7 percent from this year’s low of $17,592.78 on June 18, when it tumbled on investor worries about growing troubles in the crypto […]

Lithuania Says Sanctions on Goods to Kaliningrad Take Effect

Lithuanian authorities said a ban on the transit through their territory to the Russian exclave of Kaliningrad of goods that are subject to EU sanctions was to take effect from Saturday. News of the ban came on Friday, through a video posted by the region’s governor Anton Alikhanov. The EU sanctions list notably includes coal, […]

The Knock-on Effect of Police Use of Facial Recognition

For the police, the use of facial technology in a technologically accelerated world is nothing but a means to optimize their internal operations to deliver a more safeguarded environment, conduct faster investigations, and catch criminals. But for the public, the police use of facial recognition is a cause of concern in terms of a potential […]