Search results for "ai"

Roche Sceptical about Investing More in 'Guided-Missile' ADC Cancer Drugs

Roche remains sceptical about investing more in antibody-drug conjugates (ADCs), which have been described as “guided-missile” cancer drugs, even as they attract heightened attention in the pharmaceutical industry. “There are quite a few companies that invest in this area. As for us, we still have rather limited interest,” Chief Executive Severin Schwan told journalists at […]

$100 Million Metaverse Research and Development Center to be Opened in Melbourne

Thailand-based metaverse startup Translucia Global Innovation, in collaboration with the Australian software development company Two Bulls, has set aside a $100 million initial budget for constructing a Melbourne-based Metaverse Research and Development Center (MRDC). The T&B Media Global art and entertainment corporation, which owns Translucia, began its Translucia Metaverse project in October 2021 with a […]

U.S. Crypto Firm Harmony Hit by $100 Million Heist

U.S. crypto firm Harmony said on Friday that thieves stole around $100 million worth of digital coins from one of its key products, the latest in a string of cyber heists on a sector long targeted by hackers. Harmony develops blockchains for so-called decentralised finance – peer-to-peer sites that offer loans and other services without […]

The Future of Portable Ultrasound Devices

The medical field has been benefiting a lot from technological advancements. The diagnostic, monitoring, and treatment tools have been getting smaller in size with ubiquitous usage capabilities and smarter decision-making. Ultrasound technology uses sound frequencies outside the human audible band, that is, above 20 kilohertz.  These safe waves are reflected from body structures, and processed […]

Netflix Lays Off 300 Employees in Cost-Cutting Drive

Netflix Inc said it laid off 300 employees, or about 4 percent of its workforce, in the second round of job cuts aimed at lowering costs after the streaming giant lost subscribers for the first time in more than a decade. The move mostly affected its U.S. workforce and came after the company cut 150 […]

Binance Scores Cristiano Ronaldo as Partner for NFT Push

Binance, the world’s biggest cryptocurrency exchange by trading volumes, said on Thursday it has signed a partnership with Cristiano Ronaldo for the promotion of non-fungible tokens (NFTs). As part of the multi-year agreement, the Portuguese soccer star and Binance will create a series of NFT collections for sale on the company’s platform, the cryptocurrency exchange […]

BlackBerry Revenue Tops Estimates on Auto, Cybersecurity Tech Demand

Canada’s BlackBerry Ltd topped Wall Street estimates for first-quarter revenue on Thursday, powered by growth in its auto products and cybersecurity services segments. Soaring demand for electric vehicles and connected-car technologies boosted sales of BlackBerry’s auto software, used in cars made by General Motors, Mercedes-Benz and Toyota, among others. BlackBerry said that revenue from its […]

The Central Role of Telecom Operators in the Metaverse

The digital world has been witnessing intermittent events that change how we interact, access information, complete our daily activities, and basically live our daily life beyond our physical connections. Probably the first prominent introduction was the Internet and the world wide web in the nineties. The next awaited event is the advent of the Metaverse, […]

Apple and Android Phones Hacked by Italian Spyware, Google Says

An Italian company’s hacking tools were used to spy on Apple Inc and Android smartphones in Italy and Kazakhstan, Alphabet Inc’s Google said in a report on Thursday. Milan-based RCS Lab, whose website claims European law enforcement agencies as clients, developed tools to spy on private messages and contacts of the targeted devices, the report […]