Following the Covid-19 pandemic, the world is witnessing a recession of epic proportions. In a November article on BUSINESSTECH, BNP Paribas chief economist for the Middle East and Africa, Jeff Schultz, stated that considering the recession in 2023 that the U.S and Europe will be facing soon and China’s attempts to tweak its zero-Covid policy, […]
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In addition to battery power and renewable fuels, hydrogen has the potential to be a paradigm-shifting technology that will be crucial in developing the carbon-neutral civilizations of the future. A kind of energy called hydrogen has characteristics that can lower the overall amount of greenhouse gas emissions. While biofuels, battery-electric vehicles, and machines may already […]
Alphabet Inc’s Google has struck at least 24 deals with big app developers to stop them from competing with its Play Store, including an agreement to pay Activision Blizzard Inc about $360 million over three years, according to a court filing on Thursday. Google also agreed in 2020 to pay Tencent Holdings Ltd’s Riot Games […]
Taiwanese chipmaker TSMC is planning to produce chips with advanced 3-nanometre technology at its new factory in the U.S. state of Arizona but the plans are not completely finalised yet, the company’s founder Morris Chang said on Monday. Taiwan Semiconductor Manufacturing Co Ltd (TSMC), a major Apple Inc supplier and the world’s largest contract chipmaker, […]
Donald Trump on Saturday said he had no interest in returning to Twitter even as a slim majority voted in favor of reinstating the former U.S. President, who was banned from the social media service for inciting violence, in a poll organized by new owner Elon Musk. Slightly over 15 million Twitter users voted in […]
The telecom sector will have new chances and difficulties in 2023 as a result of the competitive, technological, and competitive environments that are changing rapidly. Let’s look at a summary of the major developments influencing the telecom sector, from more competitive broadband markets to cybersecurity in the 5G future, and an major surge in data […]
A federal judge on Friday sentenced Theranos founder Elizabeth Holmes to 11 years and three months in prison for defrauding investors in her now-defunct blood-testing startup that was once valued at $9 billion. In San Jose, California, U.S. District Judge Edward Davila sentenced Holmes, 38, on three counts of investor fraud and one count of […]
The healthcare landscape is witnessing a global overhaul. The population is about to hit 8 billion in mere weeks. More people means more markets and more dynamic needs. Such an increase will strain the healthcare industry on the sheer mass of people needing medical care. Further, the flood of wealthy older patients brought a corresponding […]
Cyberattacks are no longer phantom ghosts that come to haunt enterprises once in a blue moon. Today, cybercrimes have gained momentum and are luring, targeting, and attacking enterprises worldwide, and with that increase comes a heightened need to further optimize cyber security trends in financial services. The third quarter (Q3) of 2022 witnessed a rise […]
Small businesses represent about 90% of businesses worldwide. However, managing finances can be quite challenging for small businesses. Thankfully, there are now modern banking solutions that have made financial transactions in business seamless. One such is the virtual credit card. This innovation has enabled businesses to handle their financial affairs more smoothly. In this piece, we will […]