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+. […]
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In a stinging rebuke to pharma giant AstraZeneca Wednesday, the European Union announced plans to negotiate a massive contract extension for Pfizer-BioNTech’s COVID-19 vaccine insisting the 27-nation bloc had to go with companies that had shown their value in the pandemic. “We need to focus on technologies that have proven their worth,” said EU Commission […]
As global vaccination regimes and stimulus programs begin to hit beleaguered populations, the worldwide economy licks its wounds and readies up for acceleration, following the profound halt caused by the pandemic. According to the International Monetary Fund (IMF), both factors mentioned will push growth to a record high this year in a powerful rebound from […]
The Biden administration has added seven Chinese supercomputer research labs and manufacturers to a U.S. export blacklist in a spreading conflict with Beijing over technology and security. The measure announced Thursday is the latest sign President Joe Biden is sticking to the tough line taken by his predecessor, Donald Trump, toward Chinese tech industries seen […]
Over the course of the past year, health has been nudged into the limelight due to the rampant spread of the COVID-19 pandemic, as it commanded the global news cycle on a daily basis. But while the worldwide economy suffered, the ripple affect caused by the screeching halt of in-contact interactions, many looked at this […]
It will come to no one’s surprise that the pandemic has drastically changed the landscape and dynamic of the global workforce, forcing companies worldwide to either adapt or fall victim to the swiftness of the new working norm. Businesses scrambled to adjust, especially when making the switch to remote work arrangements; this, not only showed […]
U.S. technology employment continued to expand in March, contributing to the strongest month for hiring the country has experienced since last August, according to an analysis by CompTIA, the nonprofit association for the information technology (IT) industry and workforce. Tech sector companies added 9,700 jobs in March, a combination of technical and non-technical positions, data […]
New York state Sen. Michael Gianaris was ecstatic when Amazon named Long Island City in 2018 as a front-runner for its new headquarters, a project that would bring 25,000 jobs and $2.5 billion in construction spending to his district in Queens. But his support faded quickly when he learned that state and city leaders had […]
The CEOs of tech giants Facebook, Twitter and Google faced a grilling in Congress Thursday as lawmakers tried to draw them into acknowledging their companies’ roles in fueling the January insurrection at the U.S. Capitol and rising COVID-19 vaccine misinformation. In a hearing by the House Energy and Commerce Committee, lawmakers pounded Facebook CEO Mark […]
Japanese automakers Toyota, Isuzu and Hino said Wednesday they are setting up a partnership in commercial vehicles to work together in electric, hydrogen, connected and autonomous driving technologies. Under the deal, Toyota Motor Corp., Japan’s top automaker, and truckmaker Isuzu Motors will each take a 4.6% stake in each other, the three companies said in […]