Like many companies in trouble before it, Facebook is changing its name and logo. Facebook Inc. is now called Meta Platforms Inc., or Meta for short, to reflect what CEO Mark Zuckerberg said Thursday is its commitment to developing the new surround-yourself technology known as the ” metaverse.” But the social network itself will still […]
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The small, four-seat pod glides above the sands of a test track in Sharjah in the United Arab Emirates, a futuristic transit solution promoted by a Belarusian firm that hopes to secure contracts here in the near future. Inviting journalists to see their test track Thursday, firm uSky showed off what they described as an […]
Facebook CEO Mark Zuckerberg said his company is rebranding itself as Meta in an effort to encompass its virtual-reality vision for the future, what Zuckerberg calls the “metaverse.” Skeptics point out that it also appears to be an attempt to change the subject from the Facebook Papers, a leaked document trove so dubbed by a […]
European Union regulators opened an investigation Wednesday into graphics chipmaker Nvidia’s $40 billion purchase of chip designer Arm over concerns it would limit competition, adding to global scrutiny of the deal. The European Commission said it’s concerned the combined company would have the ability and incentive to restrict access to technology from United Kingdom-based Arm […]
A major U.S. data-storage equipment provider violated U.S. export rules by continuing to sell hard-disk drives to Huawei Technologies Co. after the Commerce Department tightened export restrictions last year, a report by a group of Senate Republicans claimed. The report released by the Republican minority staff of the Senate Committee on Commerce, Science, and Transportation […]
U.S. regulators are expelling a unit of China Telecom Ltd., one of the country’s three major state-owned carriers, from the American market as a national security threat amid rising tension with Beijing. China Telecom (Americas) Corp. is required to stop providing domestic interstate and international service in the United States within 60 days, under an […]
Arabian Internet and Communications Services Co., also known as Solutions by STC, signed Sunday numerous contracts with the Saudi Telecom Company to advance the creation of a modernized data center for smart city, NEOM. With a valuation estimated at around $53.7 million, the contracts will set the initial groundwork to establish the needed infrastructure for […]
Microsoft said Monday the same Russia-backed hackers responsible for the 2020 SolarWinds breach continue to attack the global technology supply chain and have been relentlessly targeting cloud service companies and others since summer. The group, which Microsoft calls Nobelium, has employed a new strategy to piggyback on the direct access that cloud service resellers have […]
Hertz announced Monday that it will buy 100,000 electric vehicles from Tesla, one of the largest purchases of battery-powered cars in history and the latest evidence of the nation’s increasing commitment to EV technology. The news of the deal triggered a rally in Tesla’s stock, driving the carmaker’s market value over the $1 trillion mark […]
More than 70 percent of China’s 5G smartphones are driven by the country’s expanded network coverage and ampler models’ options, resulting in an 8.1 percent rise in sales for fifth-generation network devices. China, a country with a mindset focused on usurping the U.S. from its throne as the world’s largest economy, is impressively playing the […]