Chinese leaders are shifting focus from the coronavirus back to long-term goals of making China a technology leader at this year’s highest-profile political event, the meeting of its ceremonial legislature, amid tension with Washington and Europe over trade, Hong Kong and human rights. The National People’s Congress, which opens Friday, has no real power. But […]
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An artificial intelligence commission led by former Google CEO Eric Schmidt is urging the U.S. to boost its AI skills to counter China, including by pursuing “AI-enabled” weapons – something that Google itself has shied away from on ethical grounds. Schmidt and current executives from Google, Microsoft, Oracle and Amazon are among the 15 members […]
The year 2020 will go down in history as a defining one in the age of global telecommunications. In the beginning, a sudden data explosion occurred. The COVID-19 pandemic shook businesses, brands, and individuals to their core, but telcos around the world put their heads down and worked on meeting and preserving the rising demand […]
In the Nevada desert, a cryptocurrency magnate hopes to turn dreams of a futuristic “smart city” into reality. To do that, he’s asking the state to let companies like his form local governments on land they own, which would grant them power over everything from schools to law enforcement. Jeffrey Berns, CEO of Nevada-based Blockchains […]
China aims to keep its tech industry under a tight noose, as the country’s market regulator released new and stricter rules to boot out monopolistic practices on Sunday, primarily targeting its tech giants. The new legislation – issued by the State Administration for Market Regulation (SAMR) – will cement an earlier anti-monopoly draft law which […]
An international debate over how countries tax big U.S. technology companies such as Google, Amazon and Facebook is heating up, presenting a challenge for President Joe Biden’s new administration. A mid-year deadline is on the horizon for talks about a global deal to defuse trade disputes with France and other countries that are imposing go-it-alone […]
Many of Big Tech’s expected future regulatory challenges are a result of their own making – as in the case of Facebook, Google, and Amazon. These companies are being charged by some countries with monopolistic tendencies, prompting some of the regulators in states to send warnings to these firms so they can get their act […]
French telecom giant Orange has acquired homegrown digital banking service provider Anytime for an undisclosed sum, in a bid to tap into the independent professionals and small business market. Anytime – which currently has a customer base of 100,000 – will part of the telecom company’s three-year-old Orange Bank division which will open it up […]
China is ramping up its scrutiny of the practice of community group buying, summoning some of the nation’s largest tech companies for discussions as part of an anti-monopoly push. Community group buying allows groups of people living in the same town or region to buy groceries and other items in bulk at a discounted rate, […]
Over the past few years, Africa has become a hotbed for FinTech across the board, gulping up investments higher than any other sector on the continent. This is a natural occurrence, as 66 percent of Sub-Saharan Africa (SSA) remains unbanked, these innovative financial startups have mushroomed all over to meet the rising demand for financial […]