Search results for "AI "

Cryptoverse: The Young HODLers Keeping Bitcoin on an Even Keel

Bitcoin’s been known to freak out when Elon Musk tweets a broken-heart emoji. So why isn’t it flying off the handle as we seem to stand on the precipice of World War 3? That could be down to the new HODLers, in part. Young retail investors betting on bitcoin as a long-term proposition rather than […]

China's ZTE Faces Hearing Over Possible Violation of U.S. Probation

ZTE Corp., the Chinese telecom equipment maker, will go back to U.S. federal court March 14 to face a new accusation it may have violated its probation from its 2017 guilty plea for illegally shipping U.S. technology to Iran. The possible violation relates to an alleged conspiracy to commit visa fraud, according to a March […]

Russia Blocks Facebook, Passes 'fake news' Law; LVMH, Microsoft Halt Sales

Russia said it would block Facebook for excluding state media and CNN said it would stop broadcasting in Russia after a new law punishing “fake news” raised the stakes in Moscow’s fight with foreign corporation. Friday marked an escalation in the dispute that began after the invasion of Ukraine. Russia blocked a wave of media […]

Panasonic Plans New Massive Battery Plant in U.S. to Supply Tesla - NHK

Japan’s Panasonic Corp is looking to purchase land in the United States for a mega-factory to make a new type of electric vehicle (EV) battery for Tesla Inc, public broadcaster NHK reported on Friday. Panasonic is looking at building the factory, to cost several billion dollars, in either Oklahoma or Kansas close to Texas, where […]

Canadian Minister Opposes Wholesale Transfer of Shaw's Wireless Licences to Rogers

Canada’s industry minister, François-Philippe Champagne, on Thursday said he will not permit the wholesale transfer of Shaw Communications Inc’s wireless licences to Rogers Communications Inc as part of a buyout bid for Shaw. “The wholesale transfer of Shaw’s wireless licences to Rogers is fundamentally incompatible with our government’s policies for spectrum and mobile service competition, […]

Broadcom Says Enterprise Spending 'On Fire,' Forecasts Upbeat Revenue

Chip company Broadcom Inc on Thursday forecast second-quarter revenue above Wall Street estimates on the back of strong demand from enterprise and cloud clients, and the ramp-up in 5G technology. “Enterprise spending is on fire … and we are seeing a big part of that,” Broadcom’s chief executive, Hock Tan, told analysts on a conference […]

China's Tencent to Reduce Transaction Fees on WeChat Payments for SMEs

Chinese social media giant Tencent Holdings Ltd will reduce transaction fees for small and medium-sized merchants using its WeChat payments system by 10%, the company said in a statement on Thursday. The reductions will apply beginning Sept. 1, 2021, and extend up to Sept. 30, 2024, the company added. In order to qualify for the […]

New Whitepaper Reveals How Wi-Fi 6 and Cellular Connectivity will Work Together to Enable Hyper-Connected Use Cases

Quectel Wireless Solutions has published a new whitepaper explaining how Wi-Fi 6 is maturing into a new role that is complementary to LTE-M and 5G connectivity. With applications across indoor applications such as stadiums, large venues, offices, and hotels, Wi-Fi 6 is also being used outdoors in the automotive industry to enable applications including monitoring, […]

Reliance to Invest $220 Million in Sanmina JV in Electronics Manufacturing Push

Indian conglomerate Reliance Industries said on Thursday it would invest 16.7 billion rupees ($220.70 million) to create a joint venture (JV) with U.S.-listed Sanmina Corp for making electronic products in the Asian country. The JV aims to make hardware for 5G communications, cloud infrastructure, healthcare systems, clean technology, and defense and aerospace, Reliance said in […]