Japan’s Sony Group Corp plans to launch a company this spring to examine entering the electric vehicle market, looking to harness its strengths in entertainment and sensors to play a bigger role in next-generation mobility. The new company, Sony Mobility Inc, comes as the Japanese tech giant is “exploring a commercial launch” of electric vehicles, […]
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Samsung Electronics Co Ltd is likely to post a record fourth-quarter profit thanks to solid demand for server memory chips and higher margins in contract manufacturing, analysts’ estimates showed. Operating profit for the world’s biggest memory chip and smartphone maker likely hit 15.2 trillion won ($12.7 billion) in the quarter ended December, according to a […]
Finnish telecom equipment maker Nokia Tuesday said it is extending its partnership with Tele2 to deploy 5G RAN in Estonia, Latvia, and Lithuania in a long-term deal. The deal will be based on the 25 years of cooperation between Nokia and Tele2 in the Baltic region, while Nokia’s 5G solutions will enable Tele2 to deliver […]
China said on Tuesday it would put in force new rules that will boost oversight over how its platform companies make plans to list abroad or use recommendation algorithms, in moves set to tighten Beijing’s grip over its sprawling technology sector. The Cyberspace Administration of China (CAC) said it would from Feb. 15 implement new […]
Chinese Telecommunications company Huawei Technologies Co Ltd unveiled its 2021 revenue expectations to drop by almost 30 percent as it fights off U.S. sanctions. In a letter sent to its employees on Friday, Huawei’s rotating chairman Guo Ping said that the revenue for 2021 is estimated to reach $99.48 billion. This marks a 28.9 percent […]
Morgan Stanley agreed to pay $60 million to settle a lawsuit by customers who said the Wall Street bank exposed their personal data when it twice failed to properly retire some of its older information technology. A preliminary settlement of the proposed class action on behalf of about 15 million customers was filed on Friday […]
Germany on Sunday welcomed a plan by the European Union to label some natural gas energy projects as “green” investments, but stressed its opposition to a proposal to do the same for nuclear power projects. Germany pulled the plug on three of its last six nuclear power stations on Friday as it moves towards completing […]
What makes a business profitable and successful? Is it hiring the right people or focusing on your most profitable products and services? What about productivity? In today’s digital world, we have tools at our fingertips that allow us to do more in our workday, making our people and, ultimately, our businesses more productive. But where […]
2021 came, and with it came the wave of emerging technologies in various sectors, be it medical, sustainability, blockchain technology, and much more. And while 2021 wasn’t as intense as its predecessor, the year still brought with it some challenges that were quite an ordeal to overcome, or even avoid, for that matter. With this […]
A semitruck completed an 80-mile route in Arizona with no human on board and no human intervention during the trip using technology developed by TuSimple, the company said Wednesday. The San Diego company says it’s the first successful fully-autonomous run by a class 8 vehicle, or semi, on open public roads with no human intervention. […]