Search results for "sc"

ByteDance CFO becomes TikTok CEO, as company reshuffles into 6 units

ByteDance is planning to disjoin its global social media sensation, TikTok, into a solitary business unite, following an executive decision to break down the company into six entities, according to Reuters. Chief executive officer (CEO), Liang Rubo, has initiated plans to refurbish the technology enterprise into various parts, following founder Zhang Yiming’s decision to retire from […]

UAE’s Etisalat marks a 2 percent rise in Q3, 2021

UAE-based telco, Etisalat, revealed its 2021, third quarter (Q3) financial report, unveiling a 2 percent rise in a fiscal year ending on September 30, reaching $3.62 billion. The group’s consolidated net profit rose to $653.38 million, imprinting a 1 percent increase in a fiscal year, with consolidated revenues reaching $3.62 billion, a 2 percent augmentation […]

Amid US sanctions, Huawei highlights uses for 5G technology

China’s Huawei Technologies Co. is providing smart services and 5G technology to industries such as healthcare, creating new revenue streams that might offset the damage to its smartphone business from U.S. sanctions. In the southern city of Guangzhou, the company teamed up with the Guangdong Second Provincial General Hospital to equip it with 5G technology […]

Rural telcos fear ramifications of China-US trade war

Numerous U.S.-based Internet Service Providers (ISP) are set to obtain on October 29 reimbursements from the Federal Communications Commission (FCC), welcoming a filing opportunity to “rip and replace” Huawei and ZTE telecom equipment.  Bloomberg revealed a $1.9 billion program allowing ISPs to deliver cost estimates to the FCC to substitute previously installed equipment by Chinese manufacturers Huawei and ZTE between October […]

Treasury report calls for stricter oversight of stablecoins

The Biden administration is calling on Congress to pass legislation that would strengthen government regulation of stablecoins, a form of cryptocurrency that has soared in popularity in the past year. In a 22-page report issued Monday, the Treasury Department and several other regulators said the legislation should require that stablecoin issuers become banks, which would […]

Shiba Inu passes Dogecoin as top "dog" in cryptocurrency

Cryptocurrency has officially gone to the dogs. The recent trading frenzy over a digital token called Shiba Inu — commonly billed as a “meme” or joke coin — has vaulted the canine-themed cryptocurrency into the top ten most valuable digital assets by market value, hitting $40 billion and surpassing its cousin and apparent inspiration, Dogecoin. […]

Humanity and produce: The Future of Biotechnology

We humans are curious creatures. If we weren’t we would still be living in caves, if living at all. It is in our nature to pursue answers about the cosmos, why things are the way they are, how they came to be, and endlessly more complex questions.   Among the most baffling questions that keep scientists awake at night is ‘what is life’. The future of biotechnology may hold the answer to […]

Indonesia first to green light Novavax COVID-19 vaccine

Biotechnology company Novavax said Monday that Indonesia has given the world’s first emergency use authorization for its COVID-19 vaccine, which uses a different technology than current shots. The vaccine doesn’t require the extremely cold storage temperatures that some other vaccines need, which could allow it to play an important role in boosting supplies in poorer […]

Microsoft tops Apple as the world’s most valuable company

Apple Inc. was toppled aside from its throne as the world’s most valuable public company by Big Tech fellow, Microsoft, after the iOS developer’s market share fell on Friday by almost 2 percent. The fluctuation arises from Apple’s financial report for the fiscal year 2021, revealing unusual results – despite failing to meet Wall Street’s earnings expectations […]