Two early-stage investors riding the modernization wave of the African continent have expressed interest in listing a blank-check company focusing on technology companies in the region. Vishal Agarwal, an investment banker, and Raj Kulasinggam, a corporate lawyer, are seeking out the possibility of pouring investments into Africa, following the success of similar investors in companies […]
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Wall Street’s main indexes were set to open lower on Tuesday as technology stocks were slammed by rising Treasury yields, while Goldman Sachs led declines among big banks after posting its quarterly profit below expectations. Two-year Treasury yields, which track short-term rate expectations, crossed 1 percent for the first time since February 2020 amid traders […]
China is keeping up with the rapid speed of technological development, and Beijing is aligning its vision to become the world’s biggest economy with heavy investments into its sector’s core technology startups. According to the Wall Street Journal, China is restraining the influence of what once were the leading tech companies in the country, and at some point globally, […]
The House’s assigned Committee to investigate the January 6th Capitol riot issued subpoenas to question four tech giants concerning their platform’s role in endorsing the attach and its causes. Alphabet Inc., Meta Platforms Inc., Reddit Inc., and Twitter Inc. were subpoenaed by the committee following what it considered an insufficient collaboration when it came to providing […]
January 11, 2022: Proximie, the global health technology platform digitizing operating rooms around the world, announces a partnership with Vodafone Business. As part of Proximie’s mission to save lives by sharing the world’s best clinical practices, the new partnership will build on the existing relationship between the two companies bringing its world-class connected surgical care software together […]
The European Union plans to legislate in the coming months to require technology companies to do more to tackle child sexual abuse, beefing up current voluntary arrangements, a top official said in a newspaper interview. EU Home Affairs Commissioner Ylva Johansson told Germany’s Welt am Sonntag that internet service providers and social media firms had […]
U.S. stock index futures were mixed on Thursday, with economy-linked banking and energy shares leading gains, while interest rate-sensitive growth names remained under pressure from the Federal Reserve’s hawkish signals. The tech-heavy Nasdaq plunged more than three percent on Wednesday, its biggest one-day percentage drop since February, while the Dow slipped from an intra-day record […]
Telecom operator Bharti Airtel and IT major Tata Consultancy Services partnered to build a 5G-based remote working technology using robotics, according to a press release from the digital communications solution provider. While both companies are operating the trials in Airtel’s 5G lab at Manesar, these solutions will allow remote robotic operations in possibly dangerous environments […]
To help make China a self-reliant “technology superpower,” the ruling Communist Party is pushing the world’s biggest e-commerce company to take on the tricky, expensive business of designing its own processor chips — a business unlike anything Alibaba Group has done before. Its 3-year-old chip unit, T-Head, unveiled its third processor in October, the Yitian […]
Beijing is planning to further tighten its grip on its tech sectors as its intensified its tech policies and regulations for overseas listing for China rising tech start-ups. China’s months-long regulatory campaign on its tech titans has left companies craving the sellout of their stakes abroad in order to register with the proposed guidelines by […]