Digitizing operations and diagnostic rooms have become necessary as the world accelerates its pace to accommodate the global shift towards digitalization. Digital transformation in healthcare has become one of the main pillars driving innovation in the health sector. It creates a robust foundation that will positively impact technology on human lives. Proximie, the global health […]
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The chief executives of Intel and Micron will testify on March 23 before the U.S. Senate Commerce Committee as the industry and lawmakers make the case for $52 billion in U.S. subsidies for semiconductor chips manufacturing. The chief executive of truckmaker Paccar Inc will also testify at the hearing, which will look at vulnerabilities in […]
Russian government websites are facing unprecedented cyber attacks and technical efforts are being made to filter foreign web traffic, the TASS news agency cited the digital ministry as saying on Thursday. Russian government entities and state-owned companies have been targeted over events in Ukraine, with the websites of the Kremlin, flagship carrier Aeroflot and major […]
China’s top financial policymaker rescued stock markets from a bloodbath this week with a promise of stability, but plenty of investors reckon mere words will not restore lasting calm in an economy beset with multiple large risks. Hong Kong markets, which have borne the brunt of the brutal selloff in Chinese stocks, rallied fiercely after […]
Three Eastern European companies developed a novel water purification technology that depends heavily on recycled materials, particularly banners. According to people familiar with the project, this groundbreaking zero-emissions technology will bring water to the places that need it most. Project spokesman Endre Kodolányi says that “the initiative is based on modular technology, similar to the […]
Apple’s largest iPhone assembler, Foxconn, publicized talks with the Kingdom of Saudi Arabia (KSA) concerning plans of jointly developing a $9 billion multipurpose factor to create microchips, electric-vehicle components, in addition to a variety of different products. People familiarized with the plan stated that the Saudi government is considering an offer from the Taiwanese electronics company […]
Indian refining giant Reliance Industries has acquired the assets of battery maker Lithium Werks for $61 million, its second such deal in less than three months, as it makes a bigger push towards clean energy and transport. Reliance’s investment in Lithium Werks, which manufactures lithium iron phosphate batteries that are mainly used in electric vehicles […]
Chinese businesses from automaker BYD to KFC operator Yum China say their operations have already been hit by the country’s latest COVID-19 curbs, with more disruption expected as case numbers rise. The impact on companies comes as China battles its worst outbreak since the start of the coronavirus pandemic in early 2020. It posted a […]
The U.S. Energy Department on Thursday announced $36 million for projects addressing toxic waste expected to come from a new generation of nuclear reactors, plants the Biden administration sees as a crucial to fight climate change. The 11 projects, funded through the department’s ARPA-E program supporting energy research into high risk, but potentially transformational projects, […]
Deutsche Bank, which faced stinging criticism from some investors and politicians for its ongoing ties to Russia, said on Friday in a surprise move that it would wind down its business in the country. Deutsche joins the ranks of Goldman Sachs and JPMorgan Chase, which were the first major U.S. banks to exit after Moscow’s […]