Search results for "TECHNOLOGY"

Elon Musk Giving 'Serious Thought' to Build a New Social Media Platform

Tesla Inc Chief Executive Officer Elon Musk is giving “serious thought” to building a new social media platform, the billionaire said in a tweet on Saturday. Musk was responding to a Twitter user’s question on whether he would consider building a social media platform consisting of an open source algorithm and one that would prioritize […]

Ukraine Launches NFT 'Museum of War' in Crypto Crowdfunding Push

Ukraine started auctioning off a collection of non-fungible tokens (NFTs) on Friday in an expansion of a cryptocurrency fundraising push that Kyiv says has already collected more than $65 million for its war effort. The ‘Meta History: Museum of War’ collection is a series of digital images – including silhouettes of warplanes, screengrabs of news […]

U.S. FCC Adds Russia's Kaspersky, China Telecom Firms to National Security Threat List

The Federal Communications Commission (FCC) on Friday added Russia’s AO Kaspersky Lab, China Telecom (Americas) Corp and China Mobile International USA to its list of communications equipment and service providers deemed threats to U.S. national security. The regulator last year designated five Chinese companies including Huawei Technologies Co and ZTE Corp as the first firms […]

World Stocks Set for Consecutive Weekly Gains for First Time in 2022

World stocks are headed for a second consecutive week of gains for the first time in 2022 though sentiment was broadly cautious as markets evaluated the economic risks from the Federal Reserve’s policy tightening and Russia’s war in Ukraine. Technology shares in Hong Kong led losers and weighed on the broader market after U.S. regulators […]

Inside China’s Electric Drive for Swappable Car Batteries

A year ago Tesla dismissed the alternative path of electric car battery swapping as “riddled with problems and not suitable for widescale use”. It seems Beijing disagrees. In fact, China is pushing hard for swappable batteries for electric vehicles (EVs) as a supplement to regular vehicle charging, with the government throwing its weight behind several […]

Mining Firm Backed by Bezos and Gates to Begin Greenland Drilling

Mineral exploration company KoBold Metals, backed by billionaires including Jeff Bezos and Bill Gates, said on Thursday it would begin drilling in Greenland for critical materials used in electric vehicles. KoBold, which uses artificial intelligence and machine learning to hunt for raw materials, last year secured a 51 percent stake in the Disko-Nuussuaq project on […]

Toshiba Faces Unclear Future After Shareholders Knock Back Two Rival Proposals

Toshiba Corp shareholders on Thursday voted down competing proposals – one presented by management and the other backed by activist shareholders, leaving the future direction of the embattled Japanese conglomerate uncertain. Management’s plan to spin off Toshiba’s devices unit and the separate call to seek buyout offers had both failed to gain the required 50 […]

Ukraine Uses Facial Recognition to Identify Dead Russian Soldiers, Minister Says

Ukraine is using facial recognition software to identify the bodies of Russian soldiers killed in combat and to trace their families to inform them of their deaths, Ukraine’s vice prime minister told Reuters. Reuters exclusively reported that Ukraine’s Ministry of Defense this month began using technology from Clearview AI, a New York-based facial recognition provider […]

Eminent Women in the FinTech World

It is no surprise that the female presence in industries is barely presented. One cannot deny that many tech industries lack a fierce female dominion, and we see this clearly in the overall atmosphere with the biggest names in the tech sector, such as Apple, Samsung, Google’s Alphabet, Microsoft, and many more. But now, a […]