A year ago Tesla dismissed the alternative path of electric car battery swapping as “riddled with problems and not suitable for widescale use”. It seems Beijing disagrees. In fact, China is pushing hard for swappable batteries for electric vehicles (EVs) as a supplement to regular vehicle charging, with the government throwing its weight behind several […]
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In the past year, centralized and decentralized currencies alike witnessed extensive market growth, and their popularity among the public has grown along the way. On March 9, 2022, U.S. President Joe Biden issued an executive order on cryptocurrencies, sketching an inclusive governmental approach to deal with probable risks related to the significant evolution in digital assets, emphasizing cryptocurrencies. […]
Indian refining giant Reliance Industries has acquired the assets of battery maker Lithium Werks for $61 million, its second such deal in less than three months, as it makes a bigger push towards clean energy and transport. Reliance’s investment in Lithium Werks, which manufactures lithium iron phosphate batteries that are mainly used in electric vehicles […]
Following Washington’s decision to ban China Unicom from providing service in the U.S., Beijing has condemned the move as baseless, vowing to protect its operations’ “legitimate rights and interests” in the U.S. market. The U.S. Federal Communications Commission (FCC) made a bold move to revoke the Chinese-backed telco’s license, prohibiting it from delivering further services […]
Deemed the jeweled project of the Kingdom of Saudi Arabia, NEOM, the crown’s $500 billion futuristic metropolis is attracting attention from the Kingdom and globally, bringing 10,000 steps forwards towards molding a city to incorporate human civilizations and modernization. Famous for its oil-based economy, with primal revenue dependence on natural resources, the KSA is making […]
Chinese Telecommunications company Huawei Technologies Co Ltd unveiled its 2021 revenue expectations to drop by almost 30 percent as it fights off U.S. sanctions. In a letter sent to its employees on Friday, Huawei’s rotating chairman Guo Ping said that the revenue for 2021 is estimated to reach $99.48 billion. This marks a 28.9 percent […]
E-commerce giant Alibaba eased its financial backers during its annual Investors’ Day on Friday as the company maintained its rise and is seeking to explore operational environmental sustainability goals by 2030. Over the past year, the Chinese titan has been fighting off a bundle of challenges directed at it, be it regulatory or in-house challenges, […]
The silos between messaging and voice are disappearing and that is creating demand for service providers that understand what it takes to be successful in both segments. Enterprises need to choose a set of solutions that can serve their needs no matter what communications application they’re using. The increased demand for unified communications has created […]
Facebook the company is losing control of Facebook the product — not to mention the last shreds of its carefully crafted, decade-old image as a benevolent company just wanting to connect the world. Thousands of pages of internal documents provided to Congress by a former employee depict an internally conflicted company where data on the […]
U.S. Big Tech legion seems to be torn between two economic powerhouses. In a battle for dominion between the East and the West, Big Tech companies are forfeiting from the Chinese market to prevent getting caught in the conflict, except for Apple, according to the BBC. Last week, Microsoft announced news of shutting down its professional […]