The UK government’s Board of Trade uncovered Friday a report with plans to enhance digitalization of global trading to deliver significant opportunities for local businesses to play a role in empowering economic growth. The board, led by the country’s trade minister Anne Marie Trevelyan, structured the report to highlight the vitality of heightening digitalization of […]
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Concerned by the misuse of political advertising to undermine elections, the European Union on Thursday unveiled plans to help people better understand when they are seeing such ads online and who is responsible for them. The proposals, aimed at ensuring fair and transparent polls or referendums, would also ban political targeting and “amplification techniques” used […]
Following the Federal Aviation Administration’s (FAA) examination into whether the C-band spectrum for 5G rollout jeopardizes aircrafts’ safety, AT&T Verizon extended Wednesday their offer to reform power from their fifth-generation cell towers for the upcoming six months. Both U.S.-based telcos structured a plan to launch vital improvements to their 5G networks operating C-band spectrum obtained […]
ISPs have a data problem. Every day, more and more devices are being connected to home networks – connected Smart Homes are expected to be a $99-billion industry this year. Each device adds to the burden placed on the home’s WiFi router. And these devices are seeing a lot of use. COVID-19 sped up the […]
A consortium of almost 70 Japanese firms revealed on Wednesday in a conference its plan to initiate an experimental phase of testing a yen-based digital currency to be ready for launch in early 2022. Three of the country’s mega-banks have always shown intentions of joining on the decentralized currency, which will mainly be supported by […]
Samsung said it plans to build a $17 billion semiconductor factory outside of Austin, Texas, amid a global shortage of chips used in phones, cars and other electronic devices. “This is the largest foreign direct investment in the state of Texas, ever,” Texas Gov. Greg Abbott said in announcing the project Tuesday. Samsung said it […]
Prince Charles will be on hand Tuesday when pharmaceutical company AstraZeneca opens a 1 billion-pound ($1.34 billion) research center near the University of Cambridge, hoping to build on work in developing one of the first COVID-19 vaccines. The 19,000 square-meter (more than 200,000 square-foot) complex will house more than 2,200 research scientists. It joins a […]
Taiwan’s Economy Minister Wang Mei-Hua revealed on Tuesday that the U.S. discussed with its country potential plans to address the semiconductor chip shortage, in addition to finding the needed approaches to counter China’s economic “coercion.” During the second session of an economic dialogue initiated last year, the discussion followed a week after a virtual meeting […]
General Motors is testing the water in electric boating by buying a 25% stake in a Seattle company that makes battery-powered outboard motors. The Detroit automaker said Monday that it bought the stake in Pure Watercraft for a venture that it says will develop and commercialize battery electric watercraft. Pure Watercraft, founded in 2011, is […]
Asian shares were mixed Tuesday after a late drop left major Wall Street indexes mostly lower. Tokyo was closed Tuesday for a holiday. Hong Kong and Seoul declined while Shanghai advanced. Market players appeared to be relieved to learn that President Joe Biden will nominate Jerome Powell for a second four-year term at the helm […]