A company that asked Nevada to let it form its own local government on its vast land holdings in the desert no longer plans to build the experimental smart city that they said could transform Nevada into a global hub for emerging technology. Blockchains, a Nevada-based technology company, had for months lobbied state lawmakers to […]
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China is facing the worst power shortage in its history as the electricity crunch and authorities force manufacturers to cut down on production, an act that could unleash chaos within the tech supply chain. Companies are bracing themselves for what could be the pinnacle of production after COVID-19 merely ravaged the industry. Now, another factor […]
Amidst Beijing’s latest regulatory wave to impose dominion on its tech sector, China’s Big Tech shares drastically dropped on Monday as the country’s watchdogs intend to break down Ant Group Co.’s Alipay, at a speed the U.S. and the European Union cannot fathom or dare to indulge in. Following a Financial Times report stating that Beijing is […]
Amongst recent cyberattacks that reached between 800 and 1,500 businesses around the world, PC component maker Gigabyte and Singaporean telco StarHub were compromised and affected by yet another cyberattack targeting several internal servers. On Friday, Gigabyte Global was hit with a ransomware attack aimed at the company’s internal servers instead of the system. The Taiwanese […]
Saudi Arabia is looking to attract investments upwards of $18 billion dollars as part of its bid to construct large-scale data centers across the Kingdom, the country’s Ministry of Communications and Information Technology (MCIT) announced this week. The move – which is part of Saudi Arabia’s Vision 2030 – aims to transform the gulf country […]
The World Health Organization is in talks to create the first-ever technology transfer hub for coronavirus vaccines in South Africa, a move to boost supply to the continent that’s desperately in need of COVID-19 shots, the head of the U.N. agency announced. The new consortium will include drugmakers Biovac and Afrigen Biologics and Vaccines, a […]
H.S. Panno, an independent contractor living in a spacious two-story penthouse in New Delhi, had his doubts when he bought his first electric car in September. So far, he’s pleased with his savings on gas and maintenance, which are down by more than half, but disappointed with the practical limitations of driving his Nexon XZ+. […]
The UK government launched on Wednesday a new tech watchdog that will help make sure tech giants, such as Facebook and Google, cannot exploit their market dominance to crowd out competition and stifle innovation. The Digital Markets Unit (DMU), based in the Competition and Markets Authority (CMA), will oversee plans to give consumers more choice […]
We are excited to announce that the European Union co-funded UNDP – CEDRO 5 project, is taking an additional step to support Lebanon’s Clean Energy Transition, by joining forces with Nucleus Ventures in their upcoming program, the Energy Innovation Hub. The programme offers startups and SMEs access to funding to elevate ideas off the ground, […]
Google’s next internet-connected home device will test whether consumers trust the company enough to let it snoop on their sleep. New sleep-sensing technology will be a key feature on Google’s latest version of its Nest Hub, a 7-inch smart screen unveiled Tuesday. Like the previous generation, the $100 Nest Hub can display pictures and video […]