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The benefits of increased ICT investment for businesses

If its digital, its ICT, and in an increasingly digital-first era, ICT investment should be every company’s top priority. The benefits cannot be overstated, and the razor edge granted to companies by automation, virtualization, and digitization puts them ahead of some serious curves in the world of business.  Information communication technology refers to basically everything that takes place in the […]

UAE Central Bank looks to launch digital currency

The UAE’s Central Bank announced on Monday plans to rollout a new digital currency in accordance with its monetary 2023-2026 strategy, according to the state-run WAM news agency.   However, while the report surfaced for a short period of time, the state-run news agency had pulled it from its platform for unknown reasons.   In preparation for the digital […]

Microsoft acquires Cybersecurity Company RiskIQ as Ransomware threats grow

Microsoft confirmed on Monday the future purchase of San Francisco-based cybersecurity company RiskIQ to tighten up its security siege due to latest cybersecurity breaches, following the shift to remote working policies. This proceeds the tech giant’s extended efforts to secure its customers and employees data against the recent exposure to cyberthreats. The cybersecurity vendor will […]

Cuba's internet cutoff: A go-to tactic to suppress dissent

Cubans facing the country’s worst economic crisis in decades took to the streets over the weekend. In turn, authorities blocked social media sites in an apparent effort to stop the flow of information into, out of and within the beleaguered nation. Restricting internet access has become a tried-and-true method of stifling dissent by authoritarian regimes […]

Judge denies new evidence in Huawei CFO extradition case

A British Columbia Supreme Court judge will not allow new evidence to be admitted in the U.S. extradition case of Huawei chief financial officer Meng Wanzhou, Associate Chief Justice Heather Holmes said during a case management hearing on Friday.  Huawei’s CFO faces fraud charges over misleading investment bank HSBC about her company subsidiary’s activities in Iran, which the U.S. said violated sanctions.   Meng and […]

mRNA vaccine aim to target flu strains & COVID-19

Moderna has begun human trials for an mRNA vaccine called mRNA-1010, that targets multiple influenza strains, the company announced Wednesday.  The American pharmaceutical and biotechnology firm based in Cambridge, aims on the long run for one seasonal shot for flu, COVID-19, respiratory viruses RSV, and HMPV.  The flu shot is designed to target four strains of influenza viruses that circulate seasonally each year, just like the current quadrivalent flu vaccines on the market.   The four virus […]

France Fines Google €500 mil, as CEO warns of an attack on the internet

France’s Competition Authority slapped on Tuesday one of the biggest fines in the tech world against Google. The Authority found that the search engine failed to negotiate with other media organizations regarding the utilization of their content under EU copyright reforms.  As a result, the internet giant is facing a 500-million-euro ($593 million) fine. The Competition Authority also stated on their website that they requested Google to provide media publishers with “an […]

Richard Branson's flight sparks new optimism in New Mexico

With Virgin Galactic making its highest profile test flight to date with boss Richard Branson aboard, it’s only a matter of time before paying customers get their chance and New Mexico realizes a dream that has been decades in the making. Former Gov. Bill Richardson is among those who have been watching the progress of […]

EU puts digital tax plan on hold amid US pressure

The EU agreed on Monday to put its digital tax plan on hold, after finance chiefs from the Group of 20 leading economies supported an overhaul of the rules for taxing international companies.  “The European Commission has decided to put on hold our work on a proposal for a digital levy until October,” said European Commission spokesman Daniel Ferrie.  The proposed tax plan targets tech giants aiming […]

As fears about climate grow, Siemens CEO sees opportunities

As the world increasingly focuses attention on climate change, Roland Busch, the CEO of Siemens AG, says his company is well-positioned to help manage the challenges. Munich-based Siemens specializes in making buildings, factories and railroads more efficient through digitalization and automation. And its medical unit includes technology that could lead to faster treatments for stroke […]