The bipartisan compromise on infrastructure cuts in half President Joe Biden’s call for $15 billion to build 500,000 electric vehicle charging outlets, raising the stakes as the administration seeks to win auto industry cooperation on anti-pollution rules to curb climate change. The Senate legislation provides $7.5 billion in federal grants to build a national network […]
Search results for "x owner"
Morocco’s largest telecoms operator, Maroc telecoms reported a 5.8 percent decline in its revenues of $317 million for the initial half of 2021. Due to lower mobile usage, the Moroccan telecom provider experienced a 3 percent plunge in its revenues during the first two quarters of the current year. However, it wasn’t all doom and […]
Two of the world’s high-profile tech geniuses, Elon Musk and Jeff Bezos, have been competing against each other over their respective space ambitions. Musk owns SpaceX, a space transportation company that was recently awarded by NASA a $2.9 billion contract to build the spacecraft in charge of helping astronauts travel down the lunar surface by […]
Shares in Shenzhen-based media titan Tencent tumbled on Monday following China’s verdict to restrict its private music licensing deals with record labels around the globe, halting the platform’s efforts to show sovereignty over online music streaming in the country. On Saturday, China’s State Administration of Market Regulations (SAMR) announced that the firm is not abiding […]
Bitcoin rises back after witnessing another slump, surging past $30,000 today according to Coindesk. Once again, Elon Musk is behind the intense jump in value, as he reiterated his backing of Bitcoin during a panel held on Wednesday. The Tesla chief, who has been extremely vocal in the past about the environmental risks of Bitcoin mining, has confirmed during the “B Word” cryptocurrency conference that he will most likely resume accepting Bitcoin. “I […]
For 21 years, the software company Kaseya labored in relative obscurity — at least until cybercriminals exploited it in early July for a massive ransomware attack that snarled businesses around the world and escalated U.S.-Russia diplomatic tensions. But it turns out that the recent hack wasn’t the first major cybersecurity problem to hit the Miami-based […]
Tesla has finally released through the weekend its beta version 9 update of its full self-driving system, after four years of delay, the automaker’s CEO Elon Musk said in a tweet. Musk had stated earlier in 2018 that version 9 is coming soon, then again in 2019. However, earlier this month, the CEO again swore […]
In an unprecedent effort, ByteDance, owner of popular video-sharing app TikTok, attempted to bypass Apple’s App Tracking Transparency (ATT) measures in collaboration with a several other Chinese tech company, but Apple managed to halt any peculiar activity that might jeopardize their users’ privacy. This transpired as Chinese tech companies attempted to switch to their new […]
Tim Berners-Lee, the creator of the internet’s source code is auctioning an autographed copy of the source code of the World Wide Web with donations proceeding to charity in $5 million in non-fungible tokens sale (NFT). The sale will offer an immense opportunity to have ownership over a remarkable piece of history that led to […]
Facebook has officially joined the trillion-dollar company club after yesterday’s stock market close, according to Yahoo Finance. The landmark came following the tech giant’s victory in a court against Federal Trade Commission (FTC) where a federal court rejected two lawsuits from the FTC and a coalition of state, spiking Facebook shares up 4.2 percent. The […]