The $2.4 trillion set to be invested in energy this year includes record spending on renewables but falls short of plugging a supply gap and tackling climate change, the International Energy Agency (IEA) said on Wednesday. Rising 8 percent from the previous year when the pandemic was more severe, the investment includes big increases in […]
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Meta, Microsoft and other tech giants racing to build the emerging metaverse concept have formed a group to foster development of industry standards that would make the companies’ nascent digital worlds compatible with each other. Participants in the Metaverse Standards Forum include many of the biggest companies working in the space, from chip makers to […]
If you have been alive and online for the past two years you have probably had the Microsoft Teams vs Zoom debate at some point with your coworkers or classmates. Many businesses switched from Zoom to Teams and back again during the pandemic, and everyone and their dog had an opinion on which software was […]
Supporters of a U.S. bill aimed at reining in Big Tech platforms like Amazon.com and Alphabet’s Google have flooded lawmakers with nearly 4,000 phone calls, while critics of the legislation sent a letter telling senators it would “harm consumers.” Versions of the bill have progressed further than any previous Big Tech antitrust legislation, with strong […]
The technological evolution has been outpacing virtually any other field, most noticeably law and ethics. The alarming disparity between these different areas raises a question related to the uncontrollable effect the technological advances would have on the users themselves. Although ethics and ethos come from the same Greek root ēthikós which relates to morality and […]
Mobile operators in Belgium have bid 1.2 billion euros ($1.26 billion) for fifth-generation (5G) mobile licences, the telecoms regulator said on Tuesday. Proceeds from the auction, which attracted bids from five operators, were 468.5 million euros higher than the minimum price, the regulator said. The Belgian regulator cleared the five entrants to the auction in […]
Big Tech’s entry into telecoms is shaking up the industry 2021 was a huge year for tech giants and telecoms with Google, Verizon and most recently Amazon Web Services (AWS) all announcing plans to enter the telecoms space. The convergence of Big Tech telecoms is nothing new and each company has their own plans to […]
Swedish telecom equipment maker Ericsson said on Tuesday it expects global 5G mobile subscriptions to surpass 1 billion in 2022, helped by higher adoption in China and North America. A weaker global economy and the uncertainties caused by Russia’s invasion of Ukraine lowered its estimate for 2022 by around 100 million, the company said in […]
The digital era has expanded its limitations of deliverance to reach financial services. The World Bank is implementing a strategy to enlarge the adoption of digital financial services in developing countries to answer poverty and suffering economies. The integration of technology and finance (Fintech) in countries where an economy based on traditional services is suffering […]
Babel Finance, the Hong Kong-based crypto lender which suspended withdrawals and redemption of crypto assets on Friday, said it has reached an agreement with counterparties on the repayment of some debts to ease short-term liquidity. Cryptocurrency valuations have plunged in recent weeks as investors dump risky assets in a rising interest rate environment. Bitcoin BTC=BTSP, […]