The sweeping restrictions imposed on Russia to block its access to global exports of goods from chips to computers and electronics are likely to accelerate China’s own push for self-reliance in the semiconductor industry, analysts said. Following Russia’s invasion of Ukraine on Thursday, Washington – as part of a package of measures – announced export […]
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The fallout to the global aviation industry from Russia’s invasion of Ukraine is spreading beyond the airspace closings over the conflict zone as airlines, lessors and manufacturers face up to growing risks of doing business with Russia. Alaska’s Anchorage Airport, a popular refueling hub for long-haul flights when Western airlines were unable to access Russian […]
U.S. stocks ended sharply higher on Thursday, led by a three percent gain in the Nasdaq, in a dramatic market reversal as U.S. President Joe Biden unveiled harsh new sanctions against Russia after Moscow began an all-out invasion of Ukraine. The S&P 500 rose more than one percent, ending a four-day slide amid worries over […]
Moderna Inc on Thursday projected higher vaccine sales for the second half of the year as it sees COVID-19 becoming a flu-like endemic illness, prompting people to take regular shots. The company expects $19 billion in sales of its vaccine this year from $18.5 billion previously and said talks were ongoing for vaccine orders in […]
Meta Properties chief executive officer (CEO) Mark Zuckerberg held on Wednesday a comprehensive presentation with the company’s Artificial Intelligence (AI) team to address its future endeavors in “Building the Metaverse with AI.” Presented on the company’s official Facebook page, Meta’s AI Lab proposition highlighted how “through the power of artificial intelligence, we will enable a […]
China’s Tencent Holdings Ltd said on Thursday it plans to have its operations and supply chain achieve carbon neutrality by the end of the decade. The company, whose businesses range from messaging app WeChat to games and cloud-based services, is also committing to using green power for 100 percent of its electricity use by 2030. […]
The Barcelona Cybersecurity Congress also moves to the same dates. The IoT Solutions World Congress (IOTSWC), the world’s leading event that showcases game-changing solutions and technologies that are disrupting and transforming industries and enterprises, organized by Fira de Barcelona and the Industrial Internet Consortium (IIC), will be held from 10 to 12 May 2022 at the Gran […]
Abu Dhabi, 23 February 2022: His Highness Sheikh Mansour Bin Zayed Al Nahyan, Deputy Prime Minister of the United Arab Emirates and Minister of Presidential Affairs, today launched e&, marking the transformation ambitions of Etisalat Group into a global technology and investment conglomerate. Commenting on the launch, HH Sheikh Mansour emphasised the importance of capitalising […]
Large chip companies so far predict limited supply chain disruption from the Russia-Ukraine crisis, thanks to raw material stockpiling and diversified procurement, but some industry sources worry about the longer-term impact. One of the worst security crises in Europe in decades is unfolding, with Russian President Vladimir Putin on Thursday authorising a military operation in […]
The overall value of the gaming industry now exceeds 300 billion dollars worldwide, and that number is only expected to rise in the years to come. Gamified Finance (GameFi) is the combination of games and finance. It fuses cryptocurrency, Decentralized Finance (DeFi), and Play-to-Earn games, which means that GameFi games are games with economic incentives […]