In an ideal world, You, Elon Musk, and I would have an equal fighting chance. We would have equal access to healthcare, opportunities, luxuries, etc. Unfortunately, the reality is far harsher than that. Access to necessities widely differs based on governmental wealth, generational wealth, and other factors. As a result, Kim Kardashian can buy herself […]
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Business leaders from Japan and South Korea pledged on Friday to work more closely on chips and technology, seeking to put behind years of acrimony over wartime history that have stoked South Korean public anger. South Korean President Yoon Suk Yeol met executives from both countries in Tokyo as he makes the first visit there […]
Tata Consultancy Services (TCS) CEO Rajesh Gopinathan is resigning in an unexpected move to pursue other interests, adding to worries for India’s largest IT services provider amid slowing tech spending and challenges in its key markets. The company named its president and head of global financial services business K Krithivasan as the CEO-designate, effective March […]
The world is ready for autonomous vehicles. And Edge computing is key in making autonomous cars reach their full potential. These vehicles require maximum connectivity and the cloud to relay data and map info. How Does It Work? These cars use cameras, radar, sonar, lidar, GPS, and infrared sensors to sense their surroundings, navigate obstacles, […]
General Motors CEO Mary Barra met with two key senators on Thursday as the Detroit automaker pushes for legislation to speed deployment of self-driving vehicles on U.S. roads. Barra met with Senate Commerce Committee Chair Maria Cantwell and Senator Gary Peters, a fellow Democrat and a Commerce Committee member, the company confirmed. Congress has been […]
A strong rebound by financials helped Wall Street’s main indexes close firmly positive on Thursday, after some of the country’s largest lenders came to the rescue of embattled First Republic Bank. The technology sector also contributed to the gains, helping to boost the Nasdaq Composite to its strongest performance since Feb. 2, 2022. The latest […]
Canada’s main stock index closed higher on Thursday, rebounding from initial losses on news that First Republic Bank received $30 billion in deposits from several big banks as part of a rescue package. Shares of First Republic and other banks have slumped on fears of a contagion after the collapse of SVB Financial Group and […]
China’s Lenovo Group Ltd must pay U.S. technology firm InterDigital Inc $138.7 million for a licence for its portfolio of telecommunications patents, London’s High Court ruled on Thursday in the latest round of a long-running dispute. InterDigital brought the lawsuit against Lenovo in 2019 over the terms on which Lenovo should take a licence of […]
As SVB Financial Group wrestled with a capital shortfall and the prospect of a downgrade to its credit rating last week, it went to Goldman Sachs Group Inc and worked out an unusual two-part plan, according to people familiar with the discussions. The investment bank would buy a $21.5 billion bond portfolio from SVB to […]
The European Commission presented the centrepieces of a strategy on Thursday to ensure its industry can compete with the United States and China in making clean tech products and accessing raw materials required for the green transition. The EU executive’s Net-Zero Industry Act and Critical Raw Materials Act, part of its Green Deal Industrial Plan, […]