China’s Huawei Technologies Co. is providing smart services and 5G technology to industries such as healthcare, creating new revenue streams that might offset the damage to its smartphone business from U.S. sanctions. In the southern city of Guangzhou, the company teamed up with the Guangdong Second Provincial General Hospital to equip it with 5G technology […]
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Numerous U.S.-based Internet Service Providers (ISP) are set to obtain on October 29 reimbursements from the Federal Communications Commission (FCC), welcoming a filing opportunity to “rip and replace” Huawei and ZTE telecom equipment. Bloomberg revealed a $1.9 billion program allowing ISPs to deliver cost estimates to the FCC to substitute previously installed equipment by Chinese manufacturers Huawei and ZTE between October […]
The Biden administration is calling on Congress to pass legislation that would strengthen government regulation of stablecoins, a form of cryptocurrency that has soared in popularity in the past year. In a 22-page report issued Monday, the Treasury Department and several other regulators said the legislation should require that stablecoin issuers become banks, which would […]
Cryptocurrency has officially gone to the dogs. The recent trading frenzy over a digital token called Shiba Inu — commonly billed as a “meme” or joke coin — has vaulted the canine-themed cryptocurrency into the top ten most valuable digital assets by market value, hitting $40 billion and surpassing its cousin and apparent inspiration, Dogecoin. […]
We humans are curious creatures. If we weren’t we would still be living in caves, if living at all. It is in our nature to pursue answers about the cosmos, why things are the way they are, how they came to be, and endlessly more complex questions. Among the most baffling questions that keep scientists awake at night is ‘what is life’. The future of biotechnology may hold the answer to […]
The chief executive of British bank Barclays stepped down Monday following a report by United Kingdom regulators into his past links with the late financier and sex offender Jeffrey Epstein. Jes Staley has previously said he “deeply regrets” his relationship with Epstein, who killed himself at a federal jail in New York in August 2019 […]
Apple is planning to unleash its latest mixed reality headset to the public as early as 2022, according to Bloomberg. Bloomberg’s Power On Newsletter revealed that the tech giant’s AR/VR headset would be more lenient towards the pricy side, due to its higher-end characteristics and features, with an initial launch day in the upcoming year. Claims […]
Apple Inc. was toppled aside from its throne as the world’s most valuable public company by Big Tech fellow, Microsoft, after the iOS developer’s market share fell on Friday by almost 2 percent. The fluctuation arises from Apple’s financial report for the fiscal year 2021, revealing unusual results – despite failing to meet Wall Street’s earnings expectations […]
As he made history by becoming the first person to fly across New Zealand’s Cook Strait in an electric plane, Gary Freedman thought it only fitting that the first thing he saw when approaching the Wellington coastline was the rotating blade of a wind turbine producing renewable energy. Freedman’s 40-minute solo flight in the small […]
The U.S. national security panel has launched an examination into Tencent’s acquisition of UK-based gaming company Sumo Group, exposing the Chinese giant to ferocious scrutiny. Earlier in July, Tencent Holdings’ $1.27 billion acquisition of Sumo Group granted the conglomerate an 8.75 percent stake in the British company. Sumo is deemed a prominent video gaming maker […]