Japan and the Netherlands will soon agree to join the United States in restricting exports of semiconductor manufacturing equipment to China, Bloomberg News reported. Talks between the countries will conclude as early as Friday, with the Netherlands restricting ASML Holding NV from selling machines to China used to make certain types of advanced chips, Bloomberg […]
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The U.S. economy grew faster than expected in the fourth quarter, but that likely exaggerates the nation’s health as a measure of domestic demand rose at its slowest pace in 2-1/2 years, reflecting the impact of higher borrowing costs. The Commerce Department’s advance fourth-quarter gross domestic product report on Thursday showed half of the boost […]
An industry body set out a global framework on Thursday for trading derivatives linked to cryptoassets to avoid FTX-style collapses sowing confusion over ownership. The International Swaps and Derivatives Association (ISDA) published guidance for trading digital asset derivatives to clarify what happens when things go wrong in an underlying market, such as the collapse of […]
The surprise leadership shuffle on Thursday at Toyota Motor Corp, renewed urgency at Renault and Nissan Motor Co to restructure their alliance and Elon Musk’s declaration that Tesla Inc will be the world’s No. 1 automaker by a wide margin have one thing in common: What once defined the global auto industry’s center is no […]
91.53 percent of the world population own a phone, including smart and feature phones. As a result, the amount of generated data is mindboggling, close to 2.5 quintillion bytes per day. And this number is set to skyrocket further in 2023 with the rise of IoT. As such, telcos will need a helping hand to […]
When many businesses provide rival goods or services that are comparable but imperfect alternatives, monopolistic competition exists. A monopolistic competitive industry has minimal entry requirements, and decisions made by any one firm do not immediately affect those of its rivals. The price and marketing choices made by the rival companies serve as their points of […]
While technology is helping organizations optimize their operations through various innovative means, the number of cybersecurity threats companies must deal with has grown. Who hasn’t heard about ransomware, phishing attacks, malware attacks, and such? More importantly, who hasn’t asked the question, what are the challenges in cybersecurity realms? The only thing more valuable than information […]
As slow as its development has been, the Metaverse is on its way to greatness. If you are struggling to wrap your head around this concept, here’s another way to think about the Metaverse: it’s a 3D rendering of earth where we, humans, go to live another life emulating the one we already are living. […]
With market visibility extremely low, bouts of optimism about peak interest rates this year are being repeatedly punctured by the related fear of falling demand and the prospect of a looming profits recession. And deep in the weeds of the fourth-quarter corporate earnings season, Microsoft’s overnight rollercoaster probably defines the uncertainty. Microsoft stock surged almost […]
Microsoft Corp posted results on Tuesday that showed some strength in the face of a weak economy, buttressed by a cloud business that hit Wall Street targets for the end of 2022, but it may miss expectations in the current quarter. The relatively stable outlook helped assuage fears that the lucrative cloud segment for big […]