Major Asian stock indexes were mostly higher on Thursday after President Joe Biden held his first conversation with Chinese leader Xi Jinping since taking office. Many markets in Asia were closed for the Lunar New Year and other holidays. Benchmarks in Hong Kong, India and Sydney advanced while Singapore and Thailand declined. With much of […]
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The U.S.-Chinese trade war isn’t going away under President Joe Biden. Biden won’t confront Beijing right away, economists say, because he wants to focus on the coronavirus and the economy. However, Biden looks set to renew pressure over trade and technology grievances that prompted President Donald Trump to hike tariffs on Chinese imports in 2017. […]
The Justice Department and the federal court system disclosed on Wednesday that they were among the dozens of U.S. government agencies and private businesses compromised by a massive, months-long cyberespionage campaign that U.S. officials have linked to elite Russia hackers. The extent of the damage was unclear. The department said that 3% of its Microsoft […]
Humankind is slowly transcending into a new reality ushered in by the tidal wave of technological advancements that are developing on a day-to-day basis. The fifth generation of mobile networks, the Internet of Things (IoT), artificial intelligence (AI), virtual reality (VR), augmented reality (AR), etc.…; these techs and their acronyms could easily fill an entire […]
The head of the Food and Drug Administration says his agency has told Pfizer that it “will rapidly work” to grant emergency use of its COVID-19 vaccine following a positive recommendation by government advisers. The FDA decision will kickstart an unprecedented vaccination campaign needed to eventually defeat the virus. The FDA’s greenlight of the vaccine, […]
A U.S. government advisory panel convened on Thursday to decide whether to endorse mass use of Pfizer’s COVID-19 vaccine to help conquer the outbreak that has killed close to 300,000 Americans. The meeting of outside advisers to the Food and Drug Administration represented the next-to-last hurdle before the expected start of the biggest vaccination campaign […]
The Obama-Biden administration was a charmed era for America’s tech companies — a moment when they were lionized as innovators, hailed as job creators and largely left alone. Now Joe Biden is coming back, this time as president. But times have changed. The halcyon days of an adoring Washington are unlikely to return when Biden […]
Trump’s administration sanctions on Huawei has put the company under challenges. The United Kingdom, Canada, France, Germany, Australia, Japan among others decided to stop working with the Chinese telecom giant. However, Huawei has shown greater optimism after Joe Biden wins US presidential election. “When there is a change in government, there is always the opportunity to […]
WASHINGTON (AP) — The Justice Department on Tuesday sued Google for abusing its dominance in online search and advertising — the government’s most significant attempt to protect competition since its groundbreaking case against Microsoft more than 20 years ago. And it could just be an opening salvo. Other major tech companies including Apple, Amazon and […]
Finland’s Nokia has officially won a contract to supply 5G networks across the entirety of the UK, the company stated on Tuesday. The deal follows British PM Boris Johnson’s decision to ban Huawei’s 5G equipment to expand networks by mobile providers across the UK; making the deal the first and largest one to be awarded […]