Business Korea’s core alliances report that the government expects commercial 6G to become widely accessible from 2028 to 2030. What use cases will be made of the new technology as 6G networks promise speeds 50 times faster than those of 5G are still being determined. Even said, South Korea’s interest is not surprising given that […]
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No one will refuse the opportunity to see what cities will look like in the future. You’ve probably wished you had a time machine that could take you further in time to see what the future of cities will bring and where your city is heading. In the absence of the time machine, I can […]
Despite multiple tech giants working on it, the metaverse has yet to arrive in all its virtual glory. In addition, the fifth generation of mobile networks (5G) has yet to be adequately adopted worldwide due to the public being satisfied and content with 4G. But once the metaverse is deployed, 5G adoption will skyrocket as […]
As part of an “essential step towards 5G,” networking behemoth Ericsson has been awarded a five-year contract by Deutsche Telekom to lay the foundations for its mobile network. Ericsson will update Deutsche Telekom’s 2G, 3G, and 4G networks with a multi-standard solution. The Swedish telecommunications company will provide its multi-standard radio access network as part […]
The U.S. Energy Department said on Friday it will lend ioneer Ltd up to $700 million to build its Rhyolite Ridge lithium mining project in Nevada, a major step forward in President Joe Biden’s plan to develop a domestic electric vehicle supply chain. Ioneer shares were up 16.3 percent at $16.30 on Friday afternoon in […]
Goldman Sachs Group Inc lost $3.03 billion in nearly three years on its platform solutions business that houses transaction banking, credit card and financial technology businesses. This is the first time that Goldman has given a detailed look into the financials for the consumer and fintech arms that were intended to diversify the Wall Street […]
Digital transformation has become one of the most important trends in the corporate world. The most successful companies in today’s digital world are those that develop a comprehensive digital strategy and are prepared to make the changes necessary to realize their goals. So, why is digital transformation essential for business growth? Businesses realize the importance of […]
The proliferation of smartphones and other mobile devices has boosted the amount of data passing through the networks of telecom companies. Telecom corporations must process, store, and analyze the available data. They may become more effective by streamlining the network, bettering the client experience, and strengthening security thanks to big data analytics. According to research, […]
A committee of Nissan’s board is set to meet next week to consider proposals from Renault to address a sticking point in talks to restructure the alliance between the two automakers, two people with knowledge of the matter said. Specifically, Nissan directors will consider proposals from Renault on how the Japanese automaker’s technology and intellectual […]
China has acquired minority stakes with special rights in two domestic units of tech giant Alibaba Group Holding Ltd, business registration records showed, as Beijing extends a campaign to strengthen control over online content. Beijing has been taking ‘golden shares’ in private online media and content companies for more than five years, and in recent […]