The U.S. Energy Department said on Friday it will lend ioneer Ltd up to $700 million to build its Rhyolite Ridge lithium mining project in Nevada, a major step forward in President Joe Biden’s plan to develop a domestic electric vehicle supply chain. Ioneer shares were up 16.3 percent at $16.30 on Friday afternoon in […]
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Goldman Sachs Group Inc lost $3.03 billion in nearly three years on its platform solutions business that houses transaction banking, credit card and financial technology businesses. This is the first time that Goldman has given a detailed look into the financials for the consumer and fintech arms that were intended to diversify the Wall Street […]
Digital transformation has become one of the most important trends in the corporate world. The most successful companies in today’s digital world are those that develop a comprehensive digital strategy and are prepared to make the changes necessary to realize their goals. So, why is digital transformation essential for business growth? Businesses realize the importance of […]
The proliferation of smartphones and other mobile devices has boosted the amount of data passing through the networks of telecom companies. Telecom corporations must process, store, and analyze the available data. They may become more effective by streamlining the network, bettering the client experience, and strengthening security thanks to big data analytics. According to research, […]
Chinese automaker Seres Group has cut starting prices for its Aito electric cars by 30,000 yuan ($4,460) from Friday, following price cuts by Tesla last week and fuelling expectations of a wider price war. The Aito M5 and M7 electric sports-utility vehicles, which were co-developed by the Chongqing automaker with China’s tech giant Huawei Technologies […]
China has acquired minority stakes with special rights in two domestic units of tech giant Alibaba Group Holding Ltd, business registration records showed, as Beijing extends a campaign to strengthen control over online content. Beijing has been taking ‘golden shares’ in private online media and content companies for more than five years, and in recent […]
The Internet of Things (IoT) is everywhere, from microchipped pets and cattle to continuous glucose monitoring (CGM) devices. But these, at times, lifesaving innovations were only possible with the ever-exciting cloud computing technology. Cloud computing has now become the basis of providing shared computing resources, such as applications, computing, storage, networking, development, and more, through […]
It would be an understatement to say that the past 12 months have been filled with challenges. Although there were highs and lows in the telecom industry, ultimately, we were all able to succeed. We can’t help but look back on everything as 2022 approaches. Now is the time to reflect on the circumstances that […]
All of today’s search engines operate similarly. A list of links is provided after you type a question or a few keywords, ideally including the information you are looking for. But what if search engines mixed the links and instead used artificial intelligence to send you information directly? That may soon be how Bing functions. […]
As we hear the argument about tech companies taking over the responsibility of governments, our minds technically travel back to the early days of Covid19 pandemic, when everything suddenly became virtual. This downturn had no alternative, which made every sector reliant on technology. Technology has played a dominant role in implementing government systems on a […]