Search results for "ai technology"

China's trade accelerates in August despite coronavirus

China’s import and export growth accelerated in August despite disruptions due to the spread of the coronavirus’s delta variant. Exports rose 25.6% over a year earlier to $294.3 billion, up from July’s 18.9% growth, customs data showed Tuesday. Imports rose 33.1% to $236 billion, up from the previous month’s 28.7%. That came despite lingering disruptions […]

Bitcoin brings hopes, doubts for Salvadorans sending money

El Salvador is betting that this week’s pioneering adoption of Bitcoin will spur its economy, especially one of its most crucial sources of revenue: money sent home by Salvadorans in the United States. A fervent proponent of the cryptocurrency, President Nayib Bukele has asked the more than 2 million Salvadorans who live overseas to send […]

STC’s subsidiary IPO might reach $960 million

Arabian Internet and Communications Services Co. revealed plans of auctioning 24 million of its shares, trusting this move will raise $960 million in its initial public offering (IPO). The company, which is a subsidiary of Saudi Telekom Company (STC), will look to auction off the shares with prices ranging between $36.26 and $40.26 per share. […]

Do we need humans for that job? Automation booms after COVID

Ask for a roast beef sandwich at an Arby’s drive-thru east of Los Angeles and you may be talking to Tori — an artificially intelligent voice assistant that will take your order and send it to the line cooks. “It doesn’t call sick,” says Amir Siddiqi, whose family installed the AI voice at its Arby’s […]

The MVNO in the 5G era: The opportunities to be seized

The Ericsson Mobility Report states that 5G mobile subscriptions will exceed half a billion by the end of 2021 — making 5G the fastest adopted mobile generation in history. The 4G rollout taught mobile virtual network operators (MVNOs) that  they must take a more proactive approach if they are to successfully compete with larger mobile […]

Social media's 70-up 'grandfluencers' debunking aging myths

Joan MacDonald’s health was in shambles at age 71. She was overweight and on numerous medications with high cholesterol, rising blood pressure and kidney trouble. Her daughter, a fitness coach, warned that she’d wind up an invalid if she didn’t turn things around. She did, hitting the gym for the first time and learning to […]

Smartphones’ 10.2% sale increase despite chip shortage

The smartphone industry will experience one of its best years in equipment manufacturing, despite the current global health crisis and semiconductor shortage, Gartner and IDC revealed in a new research. According to technology research firm Gartner, global smartphone production and sales reached a whopping 328.8 million in the second quarter (Q2) of the current year, […]

KSA’s CITC unveils free local roaming service

Saudi Arabia’s Communications and Information Technology Commission (CITC) launched on Sunday “The Local Roaming” initiative with the Kingdom’s leading telco firms to maximize services within all regions, specifically in remote villages and desert areas. Zain’s statement revealed that the primal phase of The National Mobile Inter-Network Roaming initiative will be launched in the Asir area […]

Congress asks tech companies for Jan. 6 records

A House committee investigating the Jan. 6 U.S. Capitol insurrection has requested that telecommunications and social media companies preserve the personal communications of hundreds of people who may have somehow been connected to the attack. It’s a sweeping public demand from Congress that is rare, if not unprecedented, in its breadth and could put the […]

US asks Tesla how Autopilot responds to emergency vehicles

The U.S. government’s highway safety agency wants detailed information on how Tesla’s Autopilot system detects and responds to emergency vehicles parked on highways. The National Highway Traffic Safety Administration made the detailed request in an 11-page letter sent to the electric car maker that was dated Tuesday. The letter is part of a wide-ranging investigation […]