Search results for "big tech"

China's Geely, Baidu announce electric car ventures

Chinese automaker Geely says it will form an electric car venture with tech giant Baidu, adding to a flurry of corporate tie-ups in the industry to share soaring technology development costs. Geely Holding Group, which also has separate electric car brands, said Monday the venture with Baidu.com Inc. would focus on intelligent and connected vehicles. […]

Iran to rollout 5G services in March 2021

Hamrave Aval, operator of the Mobile Company of Iran (MCI), has announced that it will begin its 5G rollout efforts by the 20th of March 2021, as the country began commissioning fifth generation networks in March of 2020. While details and size of the project remain unknown, the director general of MCI suggested that the […]

WhatsApp’s new privacy policy: Give us your data or delete the app

In a controversial move, popular instant messaging app WhatsApp have changed their privacy policy to allow Facebook – its parent company – to forcefully collect private user data such as phone numbers, payment info, location, and more. Users who refuse to comply with the updated policy – that will come into effect as of February […]

Bitcoin crosses $40K mark, doubling in less than a month

First it went through $20,000. Then 10 days later, it broke through $25,000, and then, with barely taking a breath, it crossed $30,000. Now only a few days into 2021, the price of bitcoin has crossed $40,000. Nothing’s new with the digital currency in the month since it crossed $20,000 — there’s been no major […]

Post-pandemic IT strategy; comfort, productivity, security

While almost all industries where rattled by the advent of the pandemic – a commonality that they all shared was just how crucial tech is right now, and how it has acted as an enabler in 2020. These strides in tech where what allowed companies to continue operations throughout lockdowns and enabled staff to work […]

China criticizes US order against dealing with Chinese apps

China’s government on Wednesday accused Washington of misusing national security as an excuse to hurt commercial competitors after President Donald Trump signed an order banning transactions with payment services Alipay and WeChat Pay and six other apps. Tuesday’s order escalated a conflict with Beijing over technology, security and spying accusations that has plunged U.S.-Chinese relations […]

Trump widens US ban on Chinese apps as his term nears end

President Donald Trump has signed an executive order banning transactions with eight Chinese apps including Alipay and WeChat Pay in an escalation of a trade war that has been unfolding through most of his term. The order, however, goes into effect in 45 days, nearly a month after Joe Biden will be inaugurated as the […]

Where is Jack Ma, China's e-commerce pioneer?

China’s best-known entrepreneur, e-commerce billionaire Jack Ma, made his fortune by taking big risks. The former English teacher founded Alibaba Group in 1999, when China had few internet users. Online payments service Alipay launched five years later, before regulators said such businesses would be allowed. Both long shots grew to dominate their industries. Ma’s latest […]

NYSE withdraws plans to delist 3 Chinese phone carriers

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 […]