Customer expectations have changed and there’s no going back. The pandemic has been a catalyst: as we’ve all lived, worked, shopped, and played from home over the past two years, we have grown to expect digital, intuitive experiences. Companies have had to adapt to these changing expectations while managing major operational constraints. Communication service providers […]
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China’s Ant Group, a financial technology (fintech) giant controlled by billionaire Jack Ma, on Monday said it has launched a digital wholesale bank incorporated in Singapore, dubbed ANEXT Bank. ANEXT received approval from the Monetary Authority of Singapore (MAS) to commence business on June 2, Ant and wholly owned ANEXT said in a joint statement. […]
Sony on Thursday said it formed a new company that will build and supply devices that allow small satellites in orbit to communicate with one another via laser beams, dipping into the fast-growing space sector. Sony Space Communications Corp, registered on Wednesday, is meant to take advantage of laser technology to avoid a bottleneck of […]
Microsoft Corp will not resist unionization efforts from its employees, its President Brad Smith said on Thursday, in a sign of growing receptiveness in the tech sector that has been for long unconcerned about organized labor. Microsoft recognizes employees legal right to choose to form or join a union, although they “will never need to […]
Surely, we all remember that one time when Facebook tried to enter the cryptocurrency world to expand its influence into the decentralized universe of cryptocurrency and blockchain. But those familiar with Facebook’s cryptocurrency venture also know that the dream did not even come close to fruition. Why? Let’s just start by saying many factors led […]
Binance Labs, the venture capital arm of cryptocurrency exchange Binance, said on Wednesday it had raised $500 million for its investment fund focused on companies involved in the blockchain and Web3 spaces. The fund is supported by investment firms DST Global Partners, Breyer Capital and Whampoa Group as well as by other private equity firms […]
The humble wire harness, a cheap component that bundles cables together, has become an unlikely scourge of the auto industry. Some predict it could hasten the downfall of combustion cars. Supplies of the auto part were choked by the war in Ukraine, which is home to a significant chunk of the world’s production, with wire […]
After struggling to find staff during the pandemic, businesses in Singapore have increasingly turned to deploying robots to help carry out a range of tasks, from surveying construction sites to scanning library bookshelves. The city-state relies on foreign workers, but their number fell by 235,700 between December 2019 and September 2021, according to the manpower […]
The UK is Trialling Shorter Weeks — But Are You Ready? We’ve worked from home, we’ve worked hybrid — but could we work less? A four-day working week is the “next, logical and overdue step” in the transformation of the workplace, according to director of the 4 Day Week Campaign, Joe Ryle. The standard working […]
Global demand for eSIMs is skyrocketing — in 2021, there were 1.2 billion eSIM-enabled devices, and this figure is expected to rise to 3.4 billion by 2025. In recent years the world of work has changed at a rapid pace and businesses face the challenge of determining which new technology is right for them. Here […]