In 1909 a short novel was published that has gone on to shape the opinions of every generation since. It concerns what the future has in store for us. It was entitled ‘The Machine Stops’, and even those unaware of this novella harbor fears lifted straight from its pages. The central core of this 114-year-old […]
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We can all gain a lot from the digital world. It offers platforms that let us communicate and work together. It creates an opportunity for learning about new, significant topics and fosters innovation in previously unthinkable ways. Getting everyone online and bridging the digital divide calls for a multifaceted strategy. More is needed to offer […]
Tesla’s investment in Bitcoin has been a rollercoaster ride for the company and the cryptocurrency world. When Tesla announced in February 2021 that it had invested $1.5 billion in Bitcoin and would begin accepting it as payment for its electric vehicles, the price of the cryptocurrency skyrocketed. However, the honeymoon didn’t last long, as the […]
IEC Telecom, a French satellite service provider, is officially a Starlink satellite internet service authorized distributor for SpaceX. IEC Telecom made a new service portfolio with Starlink capability available for satcom users on Monday, including remote workers, multinational corporations, and maritime organizations. IEC Telecom provides new Starlink land solutions for mobile and fixed deployments. The […]
The surprise leadership shuffle on Thursday at Toyota Motor Corp, renewed urgency at Renault and Nissan Motor Co to restructure their alliance and Elon Musk’s declaration that Tesla Inc will be the world’s No. 1 automaker by a wide margin have one thing in common: What once defined the global auto industry’s center is no […]
Big Tech firms and Wall Street titans are leading a string of layoffs across corporate America as companies look to rein in costs to ride out the economic downturn. Rapid interest rate hikes, weak consumer demand and an economic slowdown in China have forced firms such as Amazon, Walt Disney, Facebook-owner Meta and American banks […]
Top advertisers on Twitter slashed their spending after Elon Musk’s takeover, according to estimates compiled for Reuters by research firm Pathmatics, in the latest shock to the company’s dominant revenue source. Fourteen of the top 30 advertisers on Twitter stopped all advertising on the platform after Musk took charge on October 27, according to the […]
Big Tech firms and Wall Street titans are leading a string of layoffs across corporate America as companies look to rein in costs to ride out the economic downturn. Rapid interest rate hikes, weak consumer demand and an economic slowdown in China have forced firms such as Amazon, Walt Disney, Facebook-owner Meta and American banks […]
Shares of Tesla Inc snapped a seven-session losing streak on Wednesday, in their rare rise this month on the way to what will be the electric-vehicle maker’s worst year on record. The stock gained 3.3 percent on the day. It is set to round off 2022 with a 68 percent drop – the most among […]
Private equity funds are rethinking how they pull off large deals after a 40.4 percent contraction in global buyout activity amid a shortage of debt financing caused by rising interest rates and banks’ reluctance to open their money taps. Blackstone’s acquisition of Emerson’s Climate Technologies business in the United States and KKR’s purchase of French […]