Search results for "TECHNOLOGY"

DubaiCoin is a scam, Dubai govt warns

DubaiCoin, the digital currency intended to pay for a range of goods and services both in-store and online in the UAE, has been unveiled to be a scam, Dubai’s government said earlier last week. “DubaiCoin cryptocurrency was never approved by any official authority,” the government said on its Twitter account. “The website promoting the coin […]

El Salvador makes Bitcoin legal tender

El Salvador’s Legislative Assembly has approved legislation making the cryptocurrency Bitcoin legal tender in the country, the first nation to do so, just days after President Nayib Bukele made the proposal at a Bitcoin conference. The digital currency, originally created to be money out of the control of governments, can be used in any transaction […]

Biden widens list of Chinese firms off-limits for investment

China vehemently objected Friday to U.S. President Joe Biden’s expansion of a list of Chinese companies whose shares are off-limits to American investors because of their purported links to the Chinese military and surveillance. The White House issued the update late Thursday to an order signed last year by Biden’s predecessor, Donald Trump, that added […]

Tech calms down, but still strong as the world goes digital

Technology company stocks are in rest mode this year, but what may seem like weakness as the economy recovers is really just dormancy. Digital devices, software and even cybersecurity will be the key areas for steady growth as consumers and businesses become more digital in how they operate, analysts say. The virus pandemic made that […]

Biden's AI czar focuses on societal risks, preventing harm

Computer scientist Lynne Parker made breakthroughs in getting robots to work together so they could perform difficult missions, like cleaning up after a nuclear disaster, waxing floors or pulling barnacles off a ship. Her job now is getting the U.S. government working together — alongside American businesses, research universities and international allies — as director […]

NY transit officials confirm cyberattack; say harm limited

Hackers infiltrated computer systems for the Metropolitan Transportation Authority in New York, setting off a scramble to counter a potentially crippling cyberattack against North America’s largest transit system, MTA officials confirmed on Wednesday. The officials said in a statement that that agency received an alert from the FBI and other federal agencies saying three of […]

Amsterdam tests out electric autonomous boats on its canals

Electric cars, meet your competition. Electric boats are on the way. Amsterdam didn’t have to look very far when searching for a way to ease traffic on its congested streets. The Dutch capital’s canals were used for transport long before cars and trucks powered by polluting internal combustion engines began clogging its narrow roads. Already […]

Huawei to roll out its own operating system to smartphones

Huawei is launching its own HarmonyOS mobile operating system on its handsets as it adapts to losing access to Google mobile services two years ago after the U.S. put the Chinese telecommunications company on a trade blacklist. Huawei was expected to announce the launch of HarmonyOS on Wednesday for various devices including smartphones and tablets. […]