The New York Stock Exchange has withdrawn plans to remove shares of three Chinese state-owned phone carriers under an order by President Donald Trump that Beijing warned might lead to retaliation. The exchange cited “further consultation” with regulators but its announcement late Monday gave no other details. The NYSE said Thursday it would remove China […]
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China will double down on its national 5G rollout by building at least 600,000 new base stations in 2021 in efforts to bolster its economy and meet customer complaints regarding spotty coverage, Xiao Yaqing, the Head of China’s Ministry of Industry and Information Technology (MIIT) said during a conference. The Minister highlighted the need to […]
India authorized two COVID-19 vaccines on Sunday, paving the way for a huge inoculation program to stem the coronavirus pandemic in the world’s second-most populous country. The country’s drugs regulator gave emergency authorization for the vaccine developed by Oxford University and U.K.-based drugmaker AstraZeneca, and another developed by the Indian company Bharat Biotech. Drugs Controller […]
Coronavirus vaccine delays were experienced in several German cities after temperature trackers showed that about 1,000 units of the shot manufactured by BioNTech and Pfizer were not kept in a cold enough temperature during transit. A spokesperson for the district of Lichtenfels, northern Germany said that medical staff revealed that the temperature logs recorded a […]
PHOENIX — Arizona’s Gov. Doug Ducey has rejected the state’s top education official’s call for Ducey to order public schools to use only online instruction for the next two weeks unless they have waivers from health officials. Amid a coronavirus surge in the state, Superintendent of Public Instruction Kathy Hoffman said Saturday that schools need […]
Microsoft said Thursday in a blog pos t that hackers tied to a massive intrusion of dozens of U.S. government agencies and private companies sneaked further into its systems than previously thought, although the intrusion doesn’t appear to have caused any additional harm. The company said the hackers were able to view some of the […]
China’s market regulator on Thursday fined JD.com Inc., a unit of Alibaba Group and a third e-commerce outlet on charges of misreporting prices and other offenses amid a campaign to tighten official control over the booming industry. The ruling Communist Party encourages e-commerce and other online industries but worries about the dominance of major competitors. […]
Covid-19 was the major theme throughout 2020. It tested the fortitude of governments, companies, economies, and individuals alike in the face against a radical disruption that heavily touched the way we live our lives on every level. As with any sudden shift in global lifestyle, there have been those who have painfully adapted, while others […]
The world is becoming more and more digital as time passes, with finance services championing this transformation, especially with the increasing demand of contactless digital payments swooping in, as the global Covid-19 pandemic magnifies our need for them. Many central banks around the world are looking to create their own digital currencies (CBDC) to spearhead […]
We streamed, we Zoomed, we ordered groceries and houseplants online, we created virtual villages while navigating laptop shortages to work and learn from home. In many ways, 2020’s pandemic-induced isolation threw our dependence on technology into overdrive, snipping away at our real-life connections while bringing digital relationships to the fore. But for every life-changing Zoom, […]