Search results for "white house"

Samsung thrives as Seoul mulls pardon of corporate heir

Pressure is mounting on South Korean President Moon Jae-in to pardon Samsung heir Lee Jae-yong, who is back in prison after his conviction in a massive corruption scandal, even though business has rarely looked better at South Korea’s largest company. Lee is just the latest South Korean corporate boss to run his business from behind […]

Public transit hopes to win back riders after crushing year

Taking the Los Angeles Metro for his first trip in months, Brad Hudson felt a moment of normalcy when the train rolled into the station in South Pasadena, California, harkening back to his daily commute into LA before the coronavirus pandemic. Then Hudson boarded the train, and reality set in. Not everyone wore masks. Metro […]

Huawei to launch two 6G network satellites in July, report finds

Chinese tech titan Huawei is reportedly looking to launch two satellites alongside two Chinese partners during July 2021 meant for verifying 6G network technologies, as the company aims to take the lead in its global R&D efforts, The Global Times reported late last week. According to the report – which cites independent digital blogger Chang’an […]

Zoom Apps to receive $100 million investment to expand ecosystem

Popular video-conferencing platform Zoom Video Communications Inc. announced on Monday the creation of a new $100 million venture fund created to stimulate growth of the company’s ecosystem of Apps, integrations, developer platform, and hardware. The Zoom Apps fund will comprise of portfolio companies who will receive initial investments between $250,000 and $2.5 million to build […]

Scrutiny of Tesla crash a sign that regulation may be coming

The fiery crash of a Tesla near Houston with no one behind the wheel is drawing scrutiny from two federal agencies that could bring new regulation of electronic systems that take on some driving tasks. The National Highway Traffic Safety Administration and the National Transportation Safety board said Monday they would send teams to investigate […]

Why would the Tanzanian government refuse the vaccine?

The east African country of Tanzania has been in a precarious situation since the beginning of the pandemic. Many families have lost loved ones due to the virus, yet government officials still deny that Covid-19 is a danger, and most recently even refuse the vaccine. Now, the country’s health authorities and president refuse to obtain […]

Russian hack of US agencies exposed supply chain weaknesses

The elite Russian hackers who gained access to computer systems of federal agencies last year didn’t bother trying to break one by one into the networks of each department. Instead, they got inside by sneaking malicious code into a software update pushed out to thousands of government agencies and private companies. It wasn’t surprising that […]

Congressional letter blasts Facebook head for flawed algorithms

Two senior U.S. representatives blasted Facebook head Mark Zuckerberg, noting the platform’s content problems were “systemic” and require deep change beyond just moderation. “Perhaps no single entity is more responsible for the spread of dangerous conspiracy theories at scale or for inflaming anti-government grievance than the one that you started and that you oversee today […]

Riding the African FinTech Safari

Over the past few years, Africa has become a hotbed for FinTech across the board, gulping up investments higher than any other sector on the continent. This is a natural occurrence, as 66 percent of Sub-Saharan Africa (SSA) remains unbanked, these innovative financial startups have mushroomed all over to meet the rising demand for financial […]