European shares fell as much as 2 percent on Friday, dragged down by auto and technology stocks, amid prospects of higher interest rates and geopolitical tensions in Ukraine. The pan-European STOXX 600 was down 1.4 percent, paring some losses after falling as much as 2 percent earlier in the day, and on track for its […]
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You can be forgiven for thinking that Web3 or Web 3.0 is just another trendy buzzword that lets tech companies sell you the same product slightly upgraded under a cool new façade. For one thing, there is no official definition for Web 3, just a collection of parameters that classifies its general qualities, functions, and […]
Samsung, the South Korean electronics giant, revealed a new record in its 2021 fourth quarter (Q4), marking an annual operating profit of $42.9 billion and $232.4 billion in revenue. Compared to its third-quarter (Q3) revenue, Samsung hit a whopping $11.5 billion in operating profit and $63.6 billion in revenues. The heightened capital for the electronics […]
Telecom Italia (TIM) on Wednesday opened the door to a spin-off of its prized infrastructure assets, saying its newly appointed chief executive would explore options to create value for shareholders. Italy’s embattled former phone monopoly will also continue to study a takeover approach by U.S. fund KKR and compare it with possible strategic alternatives. TIM, […]
The head of the Federal Aviation Administration (FAA) is set to testify before a Feb. 3 U.S. House of Representatives hearing on new C-Band 5G deployment and its impact on aviation safety, sources told Reuters on Wednesday. The House Transportation and Infrastructure Committee is expected to hear from FAA Administrator Steve Dickson along with aviation […]
In September 2021, the U.S. Department of Commerce (DOC) issued a Request for Information (RFI) to collect data concerning the intensively heightened chip shortage following the Covid-19 pandemic. In its findings, the DOC revealed that it is expecting the chip shortage to last another six months, well into mid-2022. The RFI’s report evidenced that the […]
Software developer GitHub Inc. revealed in a blog post on Tuesday the deployment of two-factor authentication (2FA) for all its users through its GitHub Mobile app throughout the week. Berk Veral, the company’s director and product marketing, said in the blog post that 2FA would be available on both the App Store and Android’s Play […]
Microsoft Corp on Tuesday forecast revenue for the current quarter broadly ahead of Wall Street targets, driven in part by its Intelligent Cloud unit. The outlook soothed concerns about growth sparked by results for the December quarter, which initially dragged on Microsoft’s shares in after-hours trade. But the shares reversed course following the outlook, trading […]
It is, by definition, a decentralized ledger. Every record written and every action and transaction occurring on the blockchain is secured by a unique cryptographic key that is meant to be unhackable. Every time a new block on the chain is formed. This means that every action on the blockchain is dependent on the two […]
Open market online for Non-Fungible Tokens (NFT), OpenSea, is getting in touch with and compensating users exposed by the loophole letting individuals obtain NFTs for less than the market’s value, then resell it for thousands. First reported by Vice Tech’s Motherboard on Monday after blockchain security firm Elliptic expressed concerns around the issue. Various Twitter users went […]