The U.S. State Department has approved the potential sale of an anti-drone system to Qatar in a deal valued at $1 billion, the Pentagon said on Tuesday. The principal contractors will be Raytheon Technologies Corp, SRC and Northrop Grumman Corp, the Pentagon said in a statement. It added that the Pentagon’s Defense Security Cooperation Agency […]
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In 1963, DARPA (the Defense Advanced Research Projects Agency) funded MIT’s Project MAC on the condition that the developers create a technology allowing for a “computer to be used by two or more people, simultaneously.” And thus, the first pillar of cloud computing was placed. Cloud computing refers to the delivery of computing services (i.e., […]
U.S. buyout firm Carlyle Group has raised more than three billion euros ($3.12 billion) for a pan-European technology fund that is taking advantage of “pockets of life” in the economy, the co-heads of Carlyle Europe Technology Partners told Reuters. Focused on lower mid-market and growth technology companies across Europe, the fund, called CETP V, has […]
When officials from his Chinese village approached Hou last month, urging him to work at the world’s largest iPhone factory for at least twice the usual pay, he knew it was risky. Tens of thousands of workers had fled the plant in central China in previous weeks and violent protests had erupted over a COVID-19 […]
Earlier last month, Monty Mobile offered a cloud service to Instagram & Facebook, enabling their users to upload their photos and videos in the highest resolution possible, hence increasing their customers’ loyalty and retention. Unfortunately, although all phone holders across the world struggle to get the latest iOS and Android, mainly for enjoying posting their […]
When Saudi Arabia defeated Argentina last week, shock and elation hit every connected device in the world within seconds. This wasn’t in the Saudi Arabia 2030 Vision. Shock, because in footballing terms, isn’t it the shark that’s meant to eat the minnow? And elation because every now and then, sport reminds us of how wonderfully […]
In 2010, Qatar shocked the world when it won the right to host the World’s greatest sporting event. In contrast, the financial capability of Qatar was never in question. The main concern was the heat. Qatar has a very demanding climate, especially for the players. But the nation took it on as their biggest task […]
Many shoppers looking for Apple’s latest high-end phones returned empty handed from its stores this Black Friday as the technology company struggles with production snafus in China. Among them were Sally Gannon and her son Michael, who were visiting an Apple store in Bethesda, where they found no iPhone Pros in stock. Similarly, Abisha Luitel […]
From the firm belief in delivering equal opportunities, inclusivity, commitment, and conscientious work ethics birthed a rising financial technology (Fintech) company, MyMonty. The idea of the company stems from the fundamental core philosophy of equality and delivering on the promise of offering everyone basic banking and financial services. Executive Vice President (EVP) of MyMonty, Charles […]
The bankruptcy of Stellantis’ Jeep joint venture in China could spell trouble for other global automakers whose output has plunged over the last five years in the world’s largest car market, as domestic players rapidly overtake. The first joint venture failure by a foreign brand in the electric vehicle (EV) era, the Oct. 31 bankruptcy […]