Search results for "TECHNOLOGY"

Walmart joins Microsoft in bid for video app TikTok

Walmart is the latest company to want a piece of TikTok, the popular Chinese-owned video app that has come under fire from the Trump administration. The world’s largest retailer made a joint bid with tech giant Microsoft to buy TikTok’s U.S. business, according to a person close to the deal who isn’t authorized to discuss […]

TikTok CEO resigns amid US pressure to sell video app

HONG KONG (AP) — TikTok CEO Kevin Mayer resigned Thursday amid U.S. pressure for its Chinese owner to sell the popular video app, which the White House says is a security risk. In a letter to employees, Mayer said that his decision to leave comes after the “political environment has sharply changed.” His resignation comes […]

NEOM: A $500 Billion smart-city to be built in Saudi Arabia

As part of Crown Prince Mohammed bin Salman’s Vision 2030 plan to transform the Kingdom for a post-hydrocarbon age, a project entitled NEOM is currently being developed in Tabuk, in northwestern Saudi Arabia. On August 23, Saudi Energy Minister Abdul Aziz bin Salman said that his Ministry is ready to offer assistance to NEOM – […]

Digital to change business in a post-COVID-19 world

Since the start of the pandemic, we  have witnessed a lot of changes in the world around us. Many businesses have suffered huge losses amid the crisis, whilst others achieved success by turning challenges into meaningful change. What are the requirements today to launch and sustain a successful venture? Business leaders, entrepreneurs and venture capitalists […]

Secretive Palantir lifts veil before Wall Street stock sale

BOSTON (AP) — Palantir Technologies Inc., a data-mining company with deep ties to U.S. intelligence and military agencies, has shed a good deal of its trademark secrecy about its business in filing for a Wall Street stock offering. Like many other tech companies, it will be going public without ever turning a profit. In filings […]

Fintech to facilitate more financial transactions in Pakistan

Financial technology (Fintech) aims to compete with traditional financial methods to deliver more efficient services. Fintech’s worth is estimated to be $4.7 trillion in 2020 and around 12,000 Fintech startups have opened worldwide, though a significant impact was felt in the marketplace with the Coronavirus. This is the case with Pakistan, which has an economy […]

Pudong and Hongqiao Airports are expected to have 5G connectivity in November

China has been working seriously on including 5G initiatives as part of the aviation infrastructures. “Digitalization is a new value-growth point of the whole aviation industry”, said Xu Jun, vice president of Asia-Pacific OEMs of Honeywell Aerospace, according to Xinhuanet. On August 24, 2020, The Shanghai Airport Authority signed an agreement with Shanghai branches of […]