Search results for "ai technology"

China sets growth target 'over 6%,' tightening HK control

China’s No. 2 leader set a healthy economic growth target Friday and vowed to make this nation self-reliant in technology amid tension with Washington and Europe over trade and human rights. Another official announced plans to tighten control over Hong Kong by reducing the public’s role in government. The ruling Communist Party aims for growth […]

Infosys expanding Canadian workforce with opening of new Calgary office

Infosys, the global digital services and consulting company, will be opening an office in Calgary, doubling its entire Canadian workforce to 4,000 employees by 2023, the company said Wednesday. The expansion was jointly announced in a press statement by Alberta Premier Jason Kenney, Calgary Mayor Naheed Nenshi, along with Ravi Kumar, President of Infosys, Mary […]

South Korea economy shrank in 2020 for 1st time in 22 years

South Korea’s central bank says the country’s economy shrank for the first time in 22 years in 2020 as the coronavirus pandemic destroyed service industry jobs and depressed consumer spending. Preliminary data released by the Bank of Korea on Thursday showed the country’s gross domestic product last year contracted 1% from 2019. It was the […]

Decisive Point invest in Asylon to increase production of security and defense drones

Venture capital firm Decisive Point announced Wednesday an investment in Asylon, Inc., a manufacturer of infrastructure and software for the deployment and operation of autonomous surveillance and defense systems.  Decisive Point is a venture capital firm focused on technology for government, public safety, and defense. The amount of the investment was not disclosed. Philadelphia based […]

US-China tensions threaten global climate change efforts

The world’s hopes for curbing climate change hinge on action by two giant nations whose relations are deteriorating: China and the United States. The two countries both say they are intent on retooling their economies to burn less climate-wrecking coal, oil and gas. But tensions between them threaten their ultimate success. China and the United […]

Google ends sale of ads using individual web tracking data

Google says it won’t develop new ways to follow individual users across the internet after it phases out existing ad-tracking technology from its Chrome browser, a change that could shake up the online advertising industry. Google says it’s taking the move to protect user privacy. It’s part of a broader shift in the industry as […]

Biden faces steep challenges to reach renewable energy goals

President Joe Biden wants to change the way the U.S. uses energy by expanding renewables, but he will need to navigate a host of challenges — including the coronavirus pandemic and restoring hundreds of thousands of lost jobs — to get it done. The wind and solar industries have managed to grow despite a less-than-supportive […]

China, looking post-virus, to push tech autonomy at Congress

Chinese leaders are shifting focus from the coronavirus back to long-term goals of making China a technology leader at this year’s highest-profile political event, the meeting of its ceremonial legislature, amid tension with Washington and Europe over trade, Hong Kong and human rights. The National People’s Congress, which opens Friday, has no real power. But […]

Biden's pick for SEC flags trading app gimmicks for scrutiny

President Joe Biden’s choice to head the Securities and Exchange Commission told Congress on Tuesday that the agency should address how to protect investors who use online stock-trading platforms with flashy tech gimmicks that entice them to trade more. Gary Gensler, who was a chair of the Commodity Futures Trading Commission during the Obama administration, […]