China’s biggest e-commerce firm Alibaba Group Holding on Thursday reported a 30% jump in quarterly revenue, as China recovers from the virus and online shopping demand remains high. Alibaba reported revenues of 155.1 billion yuan ($23.4 billion) for the three months ended September. Its profit was down 60% to 28.8 billion yuan ($4.4 billion) compared […]
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Internet connectivity is the bedrock of any modern economy; it contributes to a nation’s development, attracts investors, grows a startup ecosystem, bolsters banking sectors, and a plethora of other benefits. It is literally the fuel that drives nations forward. Even on a consumer level, smartphones help ease our day-to-day lives from the most mundane of […]
Digital transformation does not just refer to starting a website or app for any business out there, it is more about people, both employees and customers, than the product itself. In the wake of the COVID-19 crisis, the sudden shift in all aspects of life will have impactful long-term effects. There are numerous things companies […]
Ahead of the election, Facebook, Twitter and YouTube promised to clamp down on election misinformation, including unsubstantiated charges of fraud and premature declarations of victory by candidates. And they mostly did just that — though not without a few hiccups. But overall their measures still didn’t really address the problems exposed by the 2020 U.S. […]
China’s ruling Communist Party has drawn a roadmap that will take the country to the forefront of global innovation for the next decade, as it plans heavy investments within major technological and scientific projects. “The country will pursue innovation-driven development and implement a number of strategic projects in the fields of artificial intelligence, quantum information, […]
Startups have remained focused and determined to adapt to the changes brought on by the pandemic, and in some cases, have been inspired to develop new ideas. Over half the fortune 500 companies were founded during an economic recession, and many more successful companies where founded in the years after that. Undoubtedly, many startups during […]
Cybersecurity efforts in the UK have been focused on the health industry, as hackers and cybercriminals set their sights on a burdened NHS during the Covid-19 pandemic, a recent report by the Kingdom’s National Cyber Security Centre (NCSC) stated. “What we’ve done as an organization is really pivot towards the health sector to try and […]
A single voting machine jammed for just minutes Tuesday morning at a precinct in Joe Biden’s hometown of Scranton, Pennsylvania — but misleading posts on Facebook and Twitter claimed multiple machines there were down for hours. Pennsylvania emerged as a hot spot for online misinformation on Election Day. Facebook and Twitter scrambled to take down […]
Years from now, 2020 will be remembered as the year that challenged the norm set forth by humanity for decades. Reality was altered, people were pushed indoors in attempts to shield themselves from the tidal spread of the Covid-19 pandemic. But while people took refuge indoors and economies were tested, the technology field prospered and […]
As we continue the battle against the pandemic, new technologies are being introduced, existing ones are being developed whilst others have become obsolete. In the case of innovation, artificial intelligence has impacted and changed many industries. In medicine, development efforts in AI precision technology has led to the wide adoption of robotic surgery in many […]