Search results for "IT"

Two Energy Giants, Two Green Projects: One Double-Booking in North Sea

Oil major BP plans to build a vast carbon capture project beneath the North Sea that would be crucial to Britain hitting its emissions targets. Power giant Orsted aims to build a huge offshore windfarm to help the country meet renewable goals. The problem is, the seabed’s double-booked, and something has to give. Britain granted […]

Shape-Shifting Metal: The Liquid Gold of this Era

At this point, the 90s and early 2000 sci-fi movies have scripted the future of technology. Remember the flying cars from “Back to the Future”? And do you remember the shape-shifting metal in T-1000 from “Terminator 2: Judgement Day”? If yes, this innovation may be a déjà vu. In 2015, researchers at China’s Tsinghua University […]

EU Wants to Cut Red Tape, Costs to Spur Rollout of 5g - Document

The European Commission wants to cut red tape and costs to help Deutsche Telekom, Orange, Telecom Italia and other telecoms operators roll out fast-speed 5G, according to a Commission document seen by Reuters. The EU executive, which wants all Europeans to have access to gigabit connectivity and 75% of EU companies to use cloud infrastructure […]

Wall Street Extends Rally, Powered by Tech Bounce

Wall Street closed sharply higher on Monday, fueled by surging technology stocks as investors began an earnings-heavy week with a renewed enthusiasm for market-leading momentum stocks that were battered last year. All three major stock indexes extended Friday’s gains, with the tech-heavy Nasdaq leading the pack, boosted by semiconductor shares. “(Chips are) a group that’s […]

Our New Frenemy: The CO2 Battery

A new carbon dioxide battery (CO2) has entered the energy market. Yes, you did read that right, a CO2 battery, and it might be just what wind turbines are looking for to help them harness the full force of the wind. Carbon dioxide is used in the technology to store heat and pressure energy. It’s […]

Factbox-Tech Firms, Wall Street Lead Job Cuts in Corporate America

Big Tech firms and Wall Street titans are leading a string of layoffs across corporate America as companies look to rein in costs to ride out the economic downturn. Rapid interest rate hikes, weak consumer demand and an economic slowdown in China have forced firms such as Amazon, Walt Disney, Facebook-owner Meta and American banks […]

Power of TikTok and TV Shows over the Music Industry

The impact of social media platforms on the music industry has been a topic of much discussion over the past two years. While this is true, television shows and movies continue to be the main distribution channels for the music industry, with platforms like TikTok helping users (75 percent) discover new music and artists. Television […]

Telecom Events 2022: The Groundwork for a Booming 2023

2022 was a booming year for telecom conventions and events as the world became more comfortable with the new normal set by the COVID-19 pandemic. As a result, everyone was trying to get back into the swing of things. Throughout 2022, several telecom events brought experts and enthusiasts up to speed on what is going […]

What Is the Future of Fintech? 

It takes time to navigate the banking and finance sectors. Despite being regarded as rather conventional areas, they are constantly changing. Financial technology, or “FinTech” as it is more commonly called, is a critical sector of expansion. However, how will fintech impact financial services in the future? And what is the future of fintech? Consider […]