Search results for "ai"

China's CATL Launches Battery Swap Service for Electric Cars

China’s Contemporary Amperex Technology Co Ltd on Tuesday launched a battery swap service for electric vehicles (EV) called EVOGO, which it said would allow drivers to change car batteries in one minute. The battery maker will set up swap stations in ten cities around China and users will be able to access the service via […]

Beijing and the Gulf re-initiate discussion on the Free Trade Agreement

Ties between Beijing and the Gulf are being forged to heighten economic cooperation to reach a free trade agreement, as both regions tackle geopolitical matters with the West.  Wang Yi, China’s foreign minister, revealed Beijing’s intentions of gaining momentum on the growth of developing a free trade era with the Emirates, with the intentions of […]

FinTech Companies to Uplift Africa’s Offline and Digital Payments

The Covid-19 pandemic paved the way for a comprehensive technological adoption to push digital payments platforms to reach thousands, if not millions, of users in Africa, with the adoption of contactless means to conduct transactions. What was once perceived as a luxury for making payments now has become a necessity for the sustainability of Africa’s […]

Singapore Bank Issues Guidelines to Discourage Crypto Trading by Public

The Monetary Authority of Singapore (MAS) on Monday issued guidelines that limit cryptocurrency trading service providers from promoting their services to the general public, as part of a bid to shield retail investors from potential risks. Singapore is a popular location for cryptocurrency companies due to a comparatively clear regulatory and operating environment and is […]

Reliance, Ola Electric, Mahindra Bid for Incentives Under India's Battery Scheme

India’s Reliance Industries, Softbank Group-backed Ola Electric and automaker Mahindra & Mahindra have submitted bids under the country’s $2.4 billion battery scheme, the government said on Saturday. India last year finalised https://bit.ly/3fmg3p5 an incentive program to encourage companies to invest in the local manufacturing of batteries as it looks to establish a domestic supply chain […]

U.S. FAA Clears 45% of Commercial Plane Fleet After 5G Deployed

The U.S. Federal Aviation Administration (FAA) said Sunday it had cleared an estimated 45 percent of the U.S. commercial airplane fleet to perform low-visibility landings at many airports where 5G C-band will be deployed starting Wednesday. The FAA has warned that potential interference could affect sensitive airplane instruments such as altimeters and make an impact […]

China's President Calls for Harsher Regulations on Tech Industry

Chinese President Xi Jinping is seeking to further tighten the grip on the country’s digital economy, demanding altered regulations and governance over the industry.  The President expressed his vision of China’s digital economy, referring to its growth as “unhealthy” development, with a goal of reinforcing China’s economic growth through technological development.  China should “cultivate a […]

Metaverse Hardware: The Gadgets of the Future

With every new generation of technological innovation must come an evolution of hardware that brings it to life. Today’s Metaverse hardware is where cell phones were in the 1970s. Big, clunky, primitive, and barely useful enough for most people to bother buying. Fortunately, the incentive is high, the funding is even higher, and companies are […]

Who Really Owns the Metaverse?

Make no mistake, the Metaverse is already here. It has been here for a while. No, it doesn’t look like what movies would have you believe, and it doesn’t involve people wearing headsets or augmented reality (AR) glasses at the office – yet – but it is here. Every time you see someone doing a […]

Vodafone Idea partners with US-based Ciena for 5G rollout

Indian telecom operator Vodafone Idea (Vi) has restored its national backbone network with U.S-based telecom equipment maker Ciena to prepare for the fifth-generation (5G) network rollout.   Vi noted that as consumers, enterprises, and content players look to embrace more innovative digital experiences across India, its new 300G/400G backbone network increases scale and performance energy and […]