U.S. officials are issuing new warnings about China’s ambitions in artificial intelligence and a range of advanced technologies that could eventually give Beijing a decisive military edge and possible dominance over health care and other essential sectors in America. The warnings include a renewed effort to inform business executives, academics and local and state government […]
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It appears that the global chip shortage is here to stay, or at least till 2023. Intel’s CEO Pat Gelsinger warns of supply and demand shortage continuation till 2023 following the semiconductor manufacturer’s quarterly report highlighting a drop in 2021 revenue. “We’re in the worst of it now; every quarter next year, we’ll get incrementally […]
In its first significant action under a new director, the Consumer Financial Protection Bureau is ordering Apple, Amazon, PayPal and other tech giants to reveal how their proprietary payment networks function. Apple Pay, Google Pay and other payment systems created by big tech companies now dominate large portions of e-commerce and person-to-person payments. CFPB Director […]
IBM released on Wednesday its third-quarter (Q3) revenue report, revealing the hardware company’s rise in cloud unit, faced with a drop in IBM Z Power systems. The hardware computer mogul reported a non-generally accepted accounting principle (GAAP) of $2.52 earnings per share (EPS) revenue, resulting in $17.6 billion, with a 1 percent rise Year-over-Year (YoY). Non-GAAP […]
Amazon announced on Wednesday news of a new tool that could help third-party sellers retrieve data, to better predict shoppers’ demands to create products that accommodate the market’s needs. Amazon Product Opportunity Explorer will provide retailers with the opportunity to gain access to data and the latest trends to assist in identifying opportunities to market […]
Nine months after being expelled from social media for his role in inciting the Jan. 6 Capitol insurrection, former President Donald Trump said Wednesday he’s launching a new media company with its own social media platform. Trump says his goal in launching the Trump Media & Technology Group and its “Truth Social” app is to […]
The fourth day of GITEX Tech Week 2021 was mixed with farewells and new trends; some companies left while others led training sessions. One of the most distinguished ones was presented by the AAPL collection. A private collection of Dubai-based vintage Apple products, from 1976 till the present, showcased the world’s biggest collection of rare […]
Facebook launched on Tuesday its own digital wallet Novi to support decentralized currencies in collaboration with Coinbase and was faced with an urge from U.S. senators and lawmakers to cease the wallet’s pilot release, effective immediately. One notion Facebook’s six-hour outage proved to us: the magnitude of our reliance on just one company. Facebook made […]
Power shortages are turning out streetlights and shutting down factories in China. The poor in Brazil are choosing between paying for food or electricity. German corn and wheat farmers can’t find fertilizer, made using natural gas. And fears are rising that Europe will have to ration electricity if it’s a cold winter. The world is […]
TAIPEI, Taiwan (AP) — The Taiwanese company that manufactures smartphones for Apple Inc. and other global brands announced plans Monday to produce electric cars for auto brands under a similar contract model. Foxconn Technology Group will produce cars and buses for brands in China, North America, Europe and other markets, said its chairman, Young Liu. […]