Search results for "COVID-19 "

How South African Startups Can Reach Global Markets

It was the Africa Tech Festival 2022 that triggered the conversation surrounding startups expanding to the global market. Managing partner at HAVAIC, Ian Lessem, led the discussion on the first day of the three-day event. A startup develops a unique product or service that becomes irreplaceable for consumers. However, many need help to hit the […]

Cloud Computing in South Africa Aims to Overcome Legacy Challenges

In 1963, DARPA (the Defense Advanced Research Projects Agency) funded MIT’s Project MAC on the condition that the developers create a technology allowing for a “computer to be used by two or more people, simultaneously.” And thus, the first pillar of cloud computing was placed. Cloud computing refers to the delivery of computing services (i.e., […]

Behind Foxconn’s China Woes: Mistrust, Miscommunication, COVID Curbs

When officials from his Chinese village approached Hou last month, urging him to work at the world’s largest iPhone factory for at least twice the usual pay, he knew it was risky. Tens of thousands of workers had fled the plant in central China in previous weeks and violent protests had erupted over a COVID-19 […]

Wall Street Ends Down Sharply, Hit by Apple and China Worries

U.S. stocks ended sharply lower on Monday after protests in major Chinese cities against strict COVID-19 policies sparked concerns about economic growth, while Apple Inc slid on worries about a hit to iPhone production. Shares of the Cupertino, California tech giant lost 2.6 percent and weighed heavily on the benchmark S&P 500 index as worker […]

Many Shoppers Can’t Find Apple’s Latest iPhones on Black Friday

Many shoppers looking for Apple’s latest high-end phones returned empty handed from its stores this Black Friday as the technology company struggles with production snafus in China. Among them were Sally Gannon and her son Michael, who were visiting an Apple store in Bethesda, where they found no iPhone Pros in stock. Similarly, Abisha Luitel […]

Charles Matta: A Testimony of Discipline

From the firm belief in delivering equal opportunities, inclusivity, commitment, and conscientious work ethics birthed a rising financial technology (Fintech) company, MyMonty. The idea of the company stems from the fundamental core philosophy of equality and delivering on the promise of offering everyone basic banking and financial services. Executive Vice President (EVP) of MyMonty, Charles […]

Who’s Next? Chinese EVs Drive Stellantis’ Jeep off the Road

The bankruptcy of Stellantis’ Jeep joint venture in China could spell trouble for other global automakers whose output has plunged over the last five years in the world’s largest car market, as domestic players rapidly overtake. The first joint venture failure by a foreign brand in the electric vehicle (EV) era, the Oct. 31 bankruptcy […]

Researchers Test mRNA Technology for Universal Flu Vaccine

An experimental vaccine provided broad protection against all 20 known influenza A and B virus subtypes in initial tests in mice and ferrets, potentially opening a pathway to a universal flu shot that might help prevent future pandemics, according to a U.S. study published on Thursday. The two-dose vaccine employs the same messenger RNA (mRNA)technology […]

UAE’s Deal-Hungry IHC Plans Health and IT Business IPOs

International Holding Company plans to sell 20 percent of its technology unit in an initial public offering next year, its CEO told Reuters, adding that the UAE’s IHC is aiming for a first quarter IPO of Pure Health to raise more than $1 billion. IHC, which rose from relative obscurity to become the United Arab […]

Telcos Urgent Need for an Enterprise Firewall

Cyberattacks’ volume and sophistication level have continuously increased over the last few years. A more comprehensive portion of the economy is now potentially a target due to the digitalization of business. The Covid-19 pandemic caused more people to work from home, catalyzing the process. The attack surface is expanding as the number of connected devices […]