A breathtaking surge in the U.S. dollar trampled foreign currencies, gouged corporate profits and gave investors one of the year’s few winning trades. Though the greenback has stumbled in recent weeks, recession worries may keep it elevated in 2023. At its September peak, the dollar stood at its highest level in nearly two decades after […]
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Google’s Jigsaw subsidiary is launching a new anti-misinformation project in India, aimed at preventing misleading information that has been blamed for inciting violence, a top executive said. The initiative will use “prebunking” videos – designed to counter false claims before they become widespread – circulated on the company’s YouTube platform and other social media sites. […]
The United States has been a leader in microchip design with dominant companies like Nvidia, Intel and Qualcomm, but it risks a big drop in global market share without government support for the sector, warned a report released on Wednesday. The U.S. share of chip design revenue has been slipping in recent years, dropping to […]
When officials from his Chinese village approached Hou last month, urging him to work at the world’s largest iPhone factory for at least twice the usual pay, he knew it was risky. Tens of thousands of workers had fled the plant in central China in previous weeks and violent protests had erupted over a COVID-19 […]
Even before the pandemic caused crowded ports and a labor shortage in global supply chains, supply chain optimization was crucial. Moreover, governments and business executives are working harder to optimize supply chain operations. As the current geopolitical climate presents new global supply chain challenges for organizations. Supply Chain Monitoring can prove to be crucial for […]
Now More Than Ever, Everyone Needs Access to Digital As things become increasingly digital, there’s a small proportion of the population losing their voice, access to services, and ability to participate in society. Despite overall access to the Internet increasing, with 96 percent of households connected. According to the most recent data from the Office […]
Tesla chief executive Elon Musk said on Wednesday that South Korea was among its top candidate locations for a factory it plans to build in Asia for making electric vehicles (EVs), according to South Korea’s presidential office. Musk had made the remark in a video call with President Yoon Suk-yeol, adding that the company planned […]
Following the Covid-19 pandemic, the world is witnessing a recession of epic proportions. In a November article on BUSINESSTECH, BNP Paribas chief economist for the Middle East and Africa, Jeff Schultz, stated that considering the recession in 2023 that the U.S and Europe will be facing soon and China’s attempts to tweak its zero-Covid policy, […]
More homes and businesses are converting to smart meters as consumers become more aware of their power bills, especially during a period of rising expenses. You can manage your gas and electricity usage with the help of these wirelessly linked gadgets, and the information is also shared with your energy supplier. In this article, we’ll […]
In 1998, Mountasser Hachem founded Monty Holding, which has since become a giant in the telco sector, achieving unprecedented global penetration. His first go-to-market company was Monty Mobile, adapting various cutting-edge technologies to provide 4G and 5G wireless solutions and value added services, Messaging, Omnichannel, eSIM, and many other solutions which have been greeted enthusiastically […]