A humanitarian crisis is taking place in the Horn of Africa. The shadow of the worst drought in decades is about to take the lives of millions. Ethiopia, Somalia, and Kenya struggle to find enough food to eat. Millions have fled their homes, especially after the prediction of a dry raining season. This famine is […]
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Japanese electronics and entertainment conglomerate Sony Group Corp said on Tuesday it has the technology to make humanoid robots quickly once it has identified how they could be effectively used. “In terms of technology, several companies in the world including this one have enough technology accumulated to make them swiftly once it becomes clear which […]
U.S. buyout firm Carlyle Group has raised more than three billion euros ($3.12 billion) for a pan-European technology fund that is taking advantage of “pockets of life” in the economy, the co-heads of Carlyle Europe Technology Partners told Reuters. Focused on lower mid-market and growth technology companies across Europe, the fund, called CETP V, has […]
Canada’s main stock index rose on Wednesday to its highest closing level in five months, lifted by technology and industrial shares as the Federal Reserve signaled it could slow the pace of interest rate hikes. The Toronto Stock Exchange’s S&P/TSX composite index ended up 62.25 points, or 0.3 percent, at 20,282.26, its highest closing level […]
Technology investor Prosus NV on Wednesday reported an 82 percent drop in earnings per share for the half year ended Sept. 30, due to higher investment costs and a smaller contribution from its large stake in China’s Tencent Holdings Ltd. The reported earnings of $1.81 per share were in line with expectations after Prosus published […]
People worry that the ‘tech bubble‘ will likely burst right in front of them. Rightfully so. This year, tech shares are down more than 30 percent, and private firms are experiencing confidence-shattering down rounds. In contrast, cryptocurrency exchanges like Celsius declare bankruptcy as prices of cryptocurrencies plummet. And FTX is taking the whole crypto market […]
Taiwan on Thursday proposed larger tax breaks for technology companies’ research and development (R&D), seeking to retain its leading position in semiconductor manufacturing as other countries offer billions to bolster their chip industries. The economy ministry said it is imperative for Taiwan to remain competitive as countries including the United States, Japan and South Korea […]
A new internet age where content is consumed through intuitive 3D surroundings rather than 2D displays appears to have begun with the development of strong 5G networks, new XR gadgets, and appealing metaverse apps. We will discuss the relationship between Web3, 5G, and the Metaverse below. Before we dive into the meat of the subject, […]
The legacy way of running a business has stalled many business leaders. But innovation is knocking on the door, and you have to answer. Being stuck in the past can damage your business and leave you in the dust of outdated ways. In contrast, innovators are basking in the greatness of tomorrow. Decentralized tech is […]
As the retail industry gets more competitive, it is getting harder for brands and retailers to maintain customer loyalty, but adoption of certain technological trends may hold the key to retaining customers, improving brand loyalty and increasing sales. If a store does not match a customer’s expectations for pricing, product, or experience, the consumer will […]