The U.S. Energy Department (DOE) on Monday proposed reducing electric vehicles’ (EV) mileage ratings to meet government fuel economy requirements, a move that could force automakers to sell more low-emissions cars or improve conventional models. DOE wants to significantly revise how it calculates the petroleum-equivalent fuel economy rating for electric and plug-in electric hybrids for […]
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Asian stocks put in a strong showing on their return to full trading globally after the Easter break, with Australian investors coming back to a 1.3% rally in their equity benchmark. In Japan, where it had been trading as usual over the holiday period, the Nikkei jumped 1.4% after new Bank of Japan Governor Kazuo […]
Warren Buffett called geopolitical tensions “a consideration” in Berkshire Hathaway Inc’s decision to sell most of its stake in Taiwanese chipmaker TSMC just a few months after buying it, Nikkei reported on Tuesday. Berkshire had bought more than $4.1 billion of Taiwan Semiconductor Manufacturing Co’s shares between July and September 2022, but in February said […]
An Analysis of Bitcoin’s Resilience and its Future Outlook Bitcoin, the world’s first decentralized digital currency, has been on a rollercoaster ride since its inception. Its price has seen massive fluctuations, from a few cents to its all-time high of almost $65,000. While its volatility is well-known, Bitcoin’s resilience in the face of market crashes […]
A look at the day ahead in U.S. and global markets from Mike Dolan Stock markets seem determined to see a glass half full in assessing the foggy growth and inflation outlook, with major bourses pushing higher again on Tuesday as the critical U.S. March consumer price readout looms. If, as many suggest, stocks are […]
The US-China rivalry in Africa and the impact of digitalization on their competition are intensifying. With the growing importance of technology in Africa, both countries have been intensifying their efforts to gain influence on the continent. Digitalization has become a major force in shaping global politics, including the US-China rivalry in Africa. As the two […]
Apple has had varying degrees of success throughout its lifetime, with the company’s history often divided into two distinct periods: Steve Jobs’ and Tim Cook’s leadership. When people talk about innovation and creativity, their thoughts go straight to Apple Inc., the mogul responsible for creating the blueprint of technological success. Regardless of one’s opinion, the […]
In this piece, we will explore the role of the telecom industry in the globalization of the gig economy. With the rise of high-speed internet and communication technologies, workers can now seamlessly connect with employees and clients globally. __________________ From pixels to paychecks, the gig economy has taken the world by storm, promising unprecedented autonomy […]
The potential of telcos to expand beyond communications and integrate FinTech functionality on their network, creating huge business possibilities for both sectors. ________________________ The global scope and coverage of telcos are enormous. It should be clear that telcos can use this reach for possibilities outside of communications. Huge business possibilities for both sectors could be […]
The U.S. war on China goes beyond Chinese hardware to now include its software. Can we afford slowing down technological advancements? The U.S. is not a fan of Chinese technology operating on its soil as it “strongly believes” that that could open it up to Chinese surveillance. And to drive that point home, late last […]