Search results for "new ai"

Reliance, Ola Electric, Mahindra Bid for Incentives Under India's Battery Scheme

India’s Reliance Industries, Softbank Group-backed Ola Electric and automaker Mahindra & Mahindra have submitted bids under the country’s $2.4 billion battery scheme, the government said on Saturday. India last year finalised https://bit.ly/3fmg3p5 an incentive program to encourage companies to invest in the local manufacturing of batteries as it looks to establish a domestic supply chain […]

U.S. FAA Clears 45% of Commercial Plane Fleet After 5G Deployed

The U.S. Federal Aviation Administration (FAA) said Sunday it had cleared an estimated 45 percent of the U.S. commercial airplane fleet to perform low-visibility landings at many airports where 5G C-band will be deployed starting Wednesday. The FAA has warned that potential interference could affect sensitive airplane instruments such as altimeters and make an impact […]

Metaverse Hardware: The Gadgets of the Future

With every new generation of technological innovation must come an evolution of hardware that brings it to life. Today’s Metaverse hardware is where cell phones were in the 1970s. Big, clunky, primitive, and barely useful enough for most people to bother buying. Fortunately, the incentive is high, the funding is even higher, and companies are […]

Vodafone Idea partners with US-based Ciena for 5G rollout

Indian telecom operator Vodafone Idea (Vi) has restored its national backbone network with U.S-based telecom equipment maker Ciena to prepare for the fifth-generation (5G) network rollout.   Vi noted that as consumers, enterprises, and content players look to embrace more innovative digital experiences across India, its new 300G/400G backbone network increases scale and performance energy and […]

January 6th Committee subpoenas tech giants for Capitol riot 

The House’s assigned Committee to investigate the January 6th Capitol riot issued subpoenas to question four tech giants concerning their platform’s role in endorsing the attach and its causes.  Alphabet Inc., Meta Platforms Inc., Reddit Inc., and Twitter Inc. were subpoenaed by the committee following what it considered an insufficient collaboration when it came to providing […]

Asian Shares Slip on Fed Officials' Hawkish Policy Stance

Asian shares took a beating on Friday after a fresh salvo of hawkish remarks from Federal Reserve officials solidified expectations that U.S. interest rates could rise as soon as March, leaving markets braced for tighter monetary conditions. Fed Governor Lael Brainard became the latest and most senior U.S. central banker on Thursday to signal that […]

OVHcloud posts revenue growth of nearly 14% in fiscal Q1, confirms FY targets

France based -cloud provider OVHcloud generated revenues of $200 million for the fiscal quarter that ended on 30 November, up 13.9 percent year-on-year on a reported basis.   After the growth rate reached 13.5 percent when excluding the impact of the fire incident at OVHcloud’s data center in Strasbourg and adjusting for scope/currency movements, the company said that its performance met expectations […]

Apple’s Future Metaverse Ventures Bring Solace to Shareholders

Apple Inc is joining the race of pursuing its ambitions in what could be the next big thing, the metaverse, reaping the benefits of the hype emulating from the digital alternate reality. According to investors and analysts, the iOS developer is marking its presence in the next monumental project for tech giants. Apple has been […]

U.S. FAA Issues Impact Notices on 5G Wireless Aviation

The Federal Aviation Administration (FAA) began publishing notices early on Thursday that detailed the extent of potential impact of new 5G wireless service on sensitive aircraft electronics. The FAA has been in talks with airplane makers, airlines and wireless carriers to reduce the impact of new wireless service set to begin on Jan. 19. The […]

Africa to Ride the Wave of Digital Transformation

The rising level of technological innovations has finally reached Africa, bringing to the table a new wave of modernization to a continent that was once overlooked by some of the biggest companies worldwide. One thing the COVID-19 pandemic highlighted – and proceeds to linger – is the technological rage that came with it, as it […]