Search results for "tech companies "

Huawei expects to release 6G in 2030

Just days before the one-year anniversary of the U.S. blacklisting on China’s chip industry, Huawei’s chairman Eric Xu Zhiju announced that the Chinese vendor hopes to launch its 6G network and products in 2030, according to Global Times. It is not a recent declaration that Huawei is actively working on its sixth generation of wireless network, […]

Egypt’s internet boost for grandiose economic growth

Egypt invested $2 billion into its latest program to ambitiously unlock new economic growth by upgrading its metropolitan internet infrastructure to 43 Mbps to reach more than 60 million residents in rural areas. The Minister of Communications Dr. Amr Talaat announced plans to capitalize a $360 million budget on fiber-to-the-home (FTTH) spread across the country. […]

KT acquires Epsilon for $145 million for global data market shift

South Korea’s largest telco KT Corp announced on Friday its acquisition of Epsilon for $145 million from Malaysian conglomerate Kuok Group, framing the South Korean operator to be the dominant stakeholder in the Singapore-based communication firm. The acquisition’s terms gave KT’s partnership with Daishin Private Equity a 100 percent stake in Epsilon from Kuok Group. […]

E.A.T's enteral feeding device receives CE mark

Enteral Access Technologies (E.A.T.), a medical device company based in Liverpool, has received the CE Mark for its DoubleCHEK device, which enables the company to market the patient safety product in all EU countries. George Gallagher, founder and CEO, said: “We are pleased to now be able to affix the CE Mark to our DoubleCHEK […]

California bill set to help Amazon employees from inhumane conditions

A California bill concerning employee rights and issues will be reviewed by the State Senate this week, The New York Times reported. Voting will take place next week, and if passed, the new law would require e-commerce giant Amazon to conduct several vital changes. The legislation under the name AB-701, which passed the State Assembly earlier […]

U.S. sanctions reinforce China’s chip manufacturing independence

China’s famous chipmaker Semiconductor Manufacturing International Corp. (SMIC) revealed on Friday plans to upsurge independence in the chip manufacturing sector by investing $8.87 billion to build a chip plant in the tech city of Shanghai, according to a regulatory filing with the Hong Kong Stock Exchange (HKSE). The Chinese expansion to globally take the lead […]

Bitcoin brings hopes, doubts for Salvadorans sending money

El Salvador is betting that this week’s pioneering adoption of Bitcoin will spur its economy, especially one of its most crucial sources of revenue: money sent home by Salvadorans in the United States. A fervent proponent of the cryptocurrency, President Nayib Bukele has asked the more than 2 million Salvadorans who live overseas to send […]

How 9/11 changed air travel: more security, less privacy

Ask anyone old enough to remember travel before Sept. 11, 2001, and you’re likely to get a gauzy recollection of what flying was like. There was security screening, but it wasn’t anywhere near as intrusive. There were no long checkpoint lines. Passengers and their families could walk right to the gate together, postponing goodbye hugs […]

Do we need humans for that job? Automation booms after COVID

Ask for a roast beef sandwich at an Arby’s drive-thru east of Los Angeles and you may be talking to Tori — an artificially intelligent voice assistant that will take your order and send it to the line cooks. “It doesn’t call sick,” says Amir Siddiqi, whose family installed the AI voice at its Arby’s […]

Smartphones’ 10.2% sale increase despite chip shortage

The smartphone industry will experience one of its best years in equipment manufacturing, despite the current global health crisis and semiconductor shortage, Gartner and IDC revealed in a new research. According to technology research firm Gartner, global smartphone production and sales reached a whopping 328.8 million in the second quarter (Q2) of the current year, […]