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2.7 million products on display at China’s digital Canton Trade Fair

The China Import and Export Fair (Canton Fair) opened its 129th session on Wednesday, and what is its third digital exhibition. 260 thousand exhibitors present a record-breaking 2.7 million products across 16 categories, 82 thousand of which will be new products. Exhibitors will showcase their products through cutting-edge digital presentations such as pictures, videos, 3D […]

Google Earth adds time lapse video to depict climate change

The Google Earth app is adding a new video feature that draws upon nearly four decades of satellite imagery to vividly illustrate how climate change has affected glaciers, beaches, forests and other places around the world. The tool unveiled Thursday is rolling out in what is being billed as the biggest update to Google Earth […]

Sanctioned Russian IT firm was partner with Microsoft, IBM

The Treasury Department on Thursday slapped six Russian technology companies with sanctions for supporting Kremlin intelligence agencies engaged in “dangerous and disruptive cyber attacks.” But only one of them stands out for its international footprint and partnerships with such IT heavyweights as Microsoft and IBM. That company, Positive Technologies, claims more than 2,000 customers in […]

Romania bans Huawei from its 5G efforts

The Romanian government approved on Thursday a United States-supported bill banning China and its mammoth telecoms vendor Huawei from participating in the country’s 5G development efforts, reported Reuters citing a member of the IT&C and National Security Committee. Romania joins the likes of the U.S., UK, India, and Taiwan who consider Huawei to be persona […]

Cybersecurity market to reach $300bn by 2027

The beginning of April was considered the worst week for social media firms across the aisle, as news headlines as far as the finger can scroll were swamped with news of billions of user accounts were leaked on a hacker forum for sale. Leaks affected social networking giants such as Facebook, popular audio drop-in app […]

Japan’s Paidy BNPL credit provider announces partnership with global PayPal

Paidy, a Japanese “Buy Now Pay Later” (BNPL) solutions provider, which serves 700,000 online merchants in Japan, announced Friday the launch of Paidy Link, a new feature that allows users to instantly link digital wallets with their Paidy accounts. In parallel, under the launch plan, is Paidy’s partnership with PayPal giving Japanese consumers shopping options through PayPal’s […]

EU throws weight behind Pfizer-BioNTech and new technology

In a stinging rebuke to pharma giant AstraZeneca Wednesday, the European Union announced plans to negotiate a massive contract extension for Pfizer-BioNTech’s COVID-19 vaccine insisting the 27-nation bloc had to go with companies that had shown their value in the pandemic. “We need to focus on technologies that have proven their worth,” said EU Commission […]

Huawei to invest more than $1 billion to develop electric vehicles

Chinese tech titan Huawei is aiming to invest one billion dollars to research self-driving and electric vehicles (EV) technologies, as the company aims to take on market leader Tesla Inc. and rival Xiaomi. Speaking to industry analysts in Shenzhen earlier this week, rotating chairman Eric Xu said that the telecom giant will team up with […]

Consumer confidence hitting record high, but with hangovers left from pandemic

Global consumer confidence soared to record heights in the first quarter of 2021, according to The Conference Board: Global Consumer Confidence Survey, as vaccination campaigns broadened, travel restrictions loosened, and governments and central banks continued to provide robust economic stimulus. These factors are contributing to various geographic regions returning to a “state of normalcy sooner” including increased spending […]