Esther Montanez’s housecleaning job at the Hilton Back Bay in Boston was a lifeline for her, a 31-year-old single mother with a 5-year-old son. The pay was steady and solid — enough to pay her bills and still have money left over to sock away savings for her child. But when the pandemic slammed the […]
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Despite all odds, Huawei has increased its market share as the top telecoms equipment vendor worldwide, mainly due to strong demand within mainland China through all of 2020, a recent report stated on Monday. According to a report by U.S.-based telecom insights company Dell’Oro Group, the Chinese vendor’s share by revenue rose by 28 percent […]
Molex, a global connectivity and electronics solutions provider, released Monday a global survey of decision makers from telecom carriers exploring the “State of 5G” and the significant transformational opportunities it presents. Additionally, the survey asked about the impact on deployment progress, current delivery challenges and emerging business prospects. Overall, carriers are optimistic: more than half […]
Not so long ago, Bitcoin had been the talk of the town within the tech circle, mainly due to the level of complexity in understanding its inner workings by the common consumer-base. Currently, however, Bitcoin has ignited a frenzy among anyone looking to make extra money on the side by either investing or mining the […]
Republican state lawmakers are pushing for social media giants to face costly lawsuits for policing content on their websites, taking aim at a federal law that prevents internet companies from being sued for removing posts. GOP politicians in roughly two dozen states have introduced bills that would allow for civil lawsuits against platforms for what […]
The turn of the decade has so far been filled with great news for the environment as renewable energy industries continue to reach unprecedented growth worldwide. According to a recent report by U.S.-based analytics firm Allied Market Research, the global solar farms industry generated $61.4 billion in 2019, and is estimated to generate $261.0 billion […]
The SolarWinds hacking campaign blamed on Russian spies and the “grave threat” it poses to U.S. national security are widely known. A very different — and no less alarming — coordinated series of intrusions also detected in December has gotten considerably less public attention. Nimble, highly skilled criminal hackers believed to operate out of Eastern […]
Infosys, the global digital services and consulting company, will be opening an office in Calgary, doubling its entire Canadian workforce to 4,000 employees by 2023, the company said Wednesday. The expansion was jointly announced in a press statement by Alberta Premier Jason Kenney, Calgary Mayor Naheed Nenshi, along with Ravi Kumar, President of Infosys, Mary […]
Britain’s treasury chief on Wednesday announced an additional 65 billion pounds ($91 billion) of support for an economy ravaged by the coronavirus pandemic, extending job support programs and temporary tax cuts to help workers and businesses in his annual budget. Chancellor of the Exchequer Rishi Sunak told the House of Commons that it is too […]
South Korea’s central bank says the country’s economy shrank for the first time in 22 years in 2020 as the coronavirus pandemic destroyed service industry jobs and depressed consumer spending. Preliminary data released by the Bank of Korea on Thursday showed the country’s gross domestic product last year contracted 1% from 2019. It was the […]