Shares fell in Asia on Friday after technology companies led Wall Street benchmarks lower as investors weighed the implications of higher interest rates, surging coronavirus cases and tensions between Beijing and Washington. Tokyo, Hong Kong, Shanghai declined, but shares rose in Sydney. U.S. shares dropped a day after the Federal Reserve said it’s preparing to […]
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India on Wednesday announced a $10.2 billion plan to try to attract global chipmakers to set up shop in the country and transform it into a production hub of semiconductors. The plan unveiled by Information Technology and Telecom Minister Ashwini Vaishnaw comes amid a severe shortage of semiconductors caused by the COVID-19 pandemic, which has […]
Technology companies led a rally on Wall Street that powered the S&P 500 to an all-time high and gave the index its best weekly gain since February. The S&P 500 rose 1%, enough to recoup its losses from a day earlier. The benchmark index closed higher four of the last five days, finishing 3.8% higher […]
Tech tools like digital contact tracing apps and artificial intelligence that European governments rolled out to combat COVID-19 failed to play a key role in solving the pandemic and now threaten to make such monitoring widely accepted, a new report shows. The health surveillance technologies that many European countries deployed after the coronavirus pandemic erupted […]
As the world grows ever more digitalized, infrastructure has been thrust into the limelight; and with the relative emergence of 5G, smart city development, and cloud gaming around the world, the need for Infrastructure-as-a-service (IaaS) companies continues to exponentially grow. According to a recent report by ResearchandMarkets, the IaaS market is expected to reach $74.63 […]
U.S. health authorities again expanded the nation’s booster campaign Thursday, opening extra doses of Pfizer’s COVID-19 vaccine to several million 16- and 17-year-olds. The U.S. and many other nations already were urging adults to get booster shots to pump up immunity that can wane months after vaccination, calls that intensified with the discovery of the […]
Companies of all sizes are rethinking their plans to send workers back to the office as the new omicron variant adds another layer of uncertainty. Alphabet’s Google and the nation’s second largest automaker Ford Co. are among those once again delaying their return-to-office plans, while other businesses whose employees have already returned are considering adding […]
Greeks over 60 who refuse coronavirus vaccinations could be hit with monthly fines of more than one-quarter of their minimum pensions — a get-tough policy that the country’s politicians say will cost votes but save lives. Weekly protests in the Netherlands over the country’s 5 p.m. lockdown and other new restrictions have descended into violence, […]
As governmental entities abuse social media platforms’ influence on a universal scale, Facebook released on Wednesday a report highlighting its takedown on global disinformation networks promoting false information to manipulate the public’s opinion. One thing the January 6 Capitol riot uncovered is that social media platforms, especially Facebook, have an influential effect on shaping the […]
Consulting firm, Deloitte, released on Wednesday its latest report addressing the ongoing global semiconductor crisis, with predictions of the crunch to last till early 2023. Deloitte’s research stated that even though the chip shortage crisis’ intensity will be far less severe than it is now, chances are customers will wait around 10 to 20 weeks for a […]