Search results for "tech companies "

Indonesia to witness the largest BFSI gathering at World Financial Innovation Series (WFIS 2021)

WFIS 2021 – INDONESIA to share the latest industry intelligence and facilitate networking with the best-in-class experts and solution providers. With an aim to support Indonesia and its Financial Services Authority (OJK) in acknowledging the latest BFSI innovations, while also addressing the lucrative opportunities presented by its growing digital economy, Tradepass is back in Indonesia […]

Ford, GM to enter chip market to curb U.S.-shortage

U.S. automobile manufacturers Ford Motor Co. and General Motors (GM) Co are altering their business plan by joining the semiconductor chip market, following a computer chip shortage that disrupted their global factory output for almost a year. On Thursday, Ford announced a calculated plan of going into business with semiconductor manufacturer GlobalFoundries Inc. to create […]

HaptX accuses Meta of identical patent for “Haptic Glove”

Haptic gloves company “HaptX” is alleging that Meta has emulated its design in its latest uncovering for the Haptic Glove in Wednesday’s reveal, stating it appears “to be substantially identical” to its patents. Virtual Reality (VR) and Augmented Reality (AR) haptic glove pioneer HaptX pointed fingers at Meta – formerly known as Facebook – stating […]

Amazon stops accepting UK Visa credit cards, cites high fees

Amazon says it will stop accepting Visa credit cards issued in the United Kingdom because of a dispute over fees, marking growing tensions between the companies. The online retail giant said in a message Wednesday to customers that they won’t be able to use the payment company’s U.K. credit cards starting Jan. 19, blaming “the […]

Amid crypto's Wild West, Binance says a sheriff is needed

The cryptocurrency market gets likened to the Wild West by critics, and now a key player is asking for sheriffs to come to town. Binance, the world’s largest exchange for trading Bitcoin and other cryptocurrencies, says it’s time for global regulators to establish rules for crypto markets. It released a list of “10 fundamental rights […]

Key reason for supply shortages: Americans keep spending

Take a step back from the picked-over store shelves, the stalled container ships and the empty auto showrooms, and you’ll find a root cause of the shortages of just about everything. Even as the pandemic has dragged on, U.S. households flush with cash from stimulus checks, booming stock markets and enlarged home equity have felt […]

China stiffens scrutiny on HKSE IPO, issues Beijing Stock Exchange

The Cyber Administration of China (CAC) uncovered on Sunday a draft rule requiring tech firms listing in Hong Kong Stock Exchange (HKSE) to succumb to a cyber security review for share sales jeopardizing national security. Beijing’s watchdog has played its card in its overdue battle with its tech sector, with a maneuver that will endanger […]

Zoom fatigue: 14% of women & 5.5% of men fatigued after video meetings

Do you ever feel mentally drained, sleepy or anxious after video conferencing? Well, you’re not alone. While video chat has helped many businesses stay connected, there’s a new ailment that’s sweeping online workers. “Zoom fatigue” first seemed like a passing problem, but long-term hybrid working could be detrimental to workforces without video call respite. The […]

Japan's Toshiba spins off energy, computer device units

Embattled Japanese technology conglomerate Toshiba said Friday it is restructuring to improve its competitiveness, spinning off its energy infrastructure and computer devices businesses. The energy infrastructure spinoff will include Tokyo-based Toshiba Corp.’s nuclear power operations, including the decommissioning efforts at the nuclear plant in Fukushima that suffered meltdowns after an earthquake and tsunami in March […]

Chinese shoppers spend $139 billion during Singles' Day fest

Chinese shoppers spent $139.1 billion during this year’s annual Singles’ Day shopping extravaganza, breaking last year’s record even though spending slowed during the coronavirus pandemic. Alibaba tallied 540.3 billion yuan ($84.5 billion) in spending over the festival that spanned Nov. 1 to Nov. 11, the company said Thursday, a growth of 14% compared to a […]