Mobile networks of the future will not just be 5G or 6G; they’ll be zero G. Lynk Global launched the first direct-to-mobile commercial satellite in April. On August 15, AST SpaceMobile, a rival, announced plans to launch its experimental direct-to-mobile satellite in mid-September. As launch costs decline, satellite fabrication techniques advance. Telecommunications engineers push new […]
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Technology investor Prosus NV on Wednesday reported an 82 percent drop in earnings per share for the half year ended Sept. 30, due to higher investment costs and a smaller contribution from its large stake in China’s Tencent Holdings Ltd. The reported earnings of $1.81 per share were in line with expectations after Prosus published […]
Nordstrom Inc said on Tuesday net sales at its eponymous retail stores fell 3.4 percent in its third quarter, and overall sales for the company slowed down in the past couple of months, “particularly in geographies with unseasonably warm weather.” The company also trimmed its net profit forecast for the fiscal year ending January 2023. […]
Tesla chief executive Elon Musk said on Wednesday that South Korea was among its top candidate locations for a factory it plans to build in Asia for making electric vehicles (EVs), according to South Korea’s presidential office. Musk had made the remark in a video call with President Yoon Suk-yeol, adding that the company planned […]
Cyberattacks’ volume and sophistication level have continuously increased over the last few years. A more comprehensive portion of the economy is now potentially a target due to the digitalization of business. The Covid-19 pandemic caused more people to work from home, catalyzing the process. The attack surface is expanding as the number of connected devices […]
Following the Covid-19 pandemic, the world is witnessing a recession of epic proportions. In a November article on BUSINESSTECH, BNP Paribas chief economist for the Middle East and Africa, Jeff Schultz, stated that considering the recession in 2023 that the U.S and Europe will be facing soon and China’s attempts to tweak its zero-Covid policy, […]
In addition to battery power and renewable fuels, hydrogen has the potential to be a paradigm-shifting technology that will be crucial in developing the carbon-neutral civilizations of the future. A kind of energy called hydrogen has characteristics that can lower the overall amount of greenhouse gas emissions. While biofuels, battery-electric vehicles, and machines may already […]
Taiwanese chipmaker TSMC is planning to produce chips with advanced 3-nanometre technology at its new factory in the U.S. state of Arizona but the plans are not completely finalised yet, the company’s founder Morris Chang said on Monday. Taiwan Semiconductor Manufacturing Co Ltd (TSMC), a major Apple Inc supplier and the world’s largest contract chipmaker, […]
Donald Trump on Saturday said he had no interest in returning to Twitter even as a slim majority voted in favor of reinstating the former U.S. President, who was banned from the social media service for inciting violence, in a poll organized by new owner Elon Musk. Slightly over 15 million Twitter users voted in […]
A federal judge on Friday sentenced Theranos founder Elizabeth Holmes to 11 years and three months in prison for defrauding investors in her now-defunct blood-testing startup that was once valued at $9 billion. In San Jose, California, U.S. District Judge Edward Davila sentenced Holmes, 38, on three counts of investor fraud and one count of […]