We frequently ponder what the future will bring. The Vice President and Prime Minister of the United Arab Emirates (UAE) and Ruler of Dubai, H. H. Sheikh Mohammed bin Rashid Al Maktoum, has stated: “Anyone who thinks that the world after COVID-19 would be the same as the one before it, is mistaken.” Change is […]
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The U.S. Federal Communications Commission rejected broadband subsidies for SpaceX’s Starlink and LTD bands applications for more than $2 billion in internet service subsidies, the FCC said on Wednesday. In December 2020, the FCC tentatively awarded $9.2 billion to over 300 bidders to deploy high-speed broadband from the Rural Digital Opportunity Fund. LTD Broadband won […]
Tesla Inc Chief Executive Officer Elon Musk sells Tesla stock with $6.9 billion worth of shares in the electric vehicle maker, saying the funds could be used to finance a potential Twitter deal if he loses a legal battle with the social media platform. “In the (hopefully unlikely) event that Twitter forces this deal to […]
Gaming software company AppLovin Corp made an offer on Tuesday to buy its peer video game software maker Unity Software Inc in a $17.54 billion all-stock deal, threatening to derail Unity’s announced plan to acquire AppLovin’s smaller competitor ironSource. AppLovin has offered $58.85 for each Unity share, which represents a premium of 18 percent to […]
Artificially intelligent internet bots can now produce extremely realistic-looking photographs almost instantly, with the best contender in the space being Midjourney AI. AI and intelligent software have advanced recently, particularly in the areas of art, design, and photography. Even Google is working on a cutting-edge AI system that can produce hyper-realistic graphics using only simple […]
President Joe Biden on Tuesday signed a landmark bill to boost U.S. chips and provide $52.7 billion in subsidies for U.S. semiconductor production and research and to boost efforts to make the United States more competitive with China’s science and technology efforts. “The future is going to be made in America,” Biden said, calling the […]
Coinbase Global Inc reported a larger-than-expected quarterly loss as investors worried by this year’s rout in risky assets shied away from trading in cryptocurrencies causing a crypto market turmoil, sending its shares down 6 percent after the bell on Tuesday. Trading volumes at the cryptocurrency exchange more than halved to $217 billion in the second […]
Cisco Systems Inc on Friday lost a court appeal to move to private arbitration a case over alleged caste discrimination in its Silicon Valley offices, where managers of Indian descent are accused of bias against a fellow employee from India. The networking gear and business software company has denied the allegations. It had argued to […]
Day by day, the world is recognizing the global technological uprising, with economies worldwide preparing for the next wave of economic development. In this digital insurgency comes a shift in dynamic for financial sectors, as services initiate a new thriving phase, integrating two industries to enable a more advanced financial inclusion. Telcos are spearheading the […]
Elon Musk on Saturday challenged Twitter Inc Chief Executive Officer Parag Agrawal to a public debate about the percentage of bots on the social media platform. “Let him prove to the public that Twitter has <5 percent fake or spam daily users!,” Musk said in a tweet. He also started a poll asking users whether […]