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U.S. President Biden Executive Order on Cryptocurrencies

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.  […]

Exclusive - Global Health Tech Platform, Proximie Digitizes Operating Rooms

Digitizing operations and diagnostic rooms have become necessary as the world accelerates its pace to accommodate the global shift towards digitalization. Digital transformation in healthcare has become one of the main pillars driving innovation in the health sector. It creates a robust foundation that will positively impact technology on human lives. Proximie, the global health […]

Meta to Hire 2,000 Staff for Spanish Hub for Regional Expansion

Facebook owner Meta Platform said on Tuesday it will hire 2,000 people over the next five years in Spain, where it will anchor its development plans for the region. The 2,000 employees will mainly staff the company’s first ‘lab’, a flexible base for its remote workers, in Madrid, Javier Olivan, Vice President Cross-Meta Products and […]

U.S., EU, India, S.Africa Rech Compromise on COVID Vaccine IP Waiver Text

The United States, European Union, India and South Africa have reached a consensus on key elements of a long-sought intellectual property waiver for COVID-19 vaccines, according to a proposed text reviewed by Reuters. Sources familiar with the talks described the text as a tentative agreement among the four World Trade Organization members that still needs […]

KSA, Foxconn Talks of Building $9 Billion Facility

Apple’s largest iPhone assembler, Foxconn, publicized talks with the Kingdom of Saudi Arabia (KSA) concerning plans of jointly developing a $9 billion multipurpose factor to create microchips, electric-vehicle components, in addition to a variety of different products.  People familiarized with the plan stated that the Saudi government is considering an offer from the Taiwanese electronics company […]

Asia Stocks Extend Losses as Ukraine War, China's COVID Surge Hit Sentiment

Asian stocks were in the red on Tuesday as surging COVID-19 cases in China hit the confidence of investors who are already worried about the Ukraine war and the first U.S. interest rate rise in three years that could come this week. MSCI’s broadest index of Asia-Pacific shares outside Japan fell 1.97%, led by pronounced […]

E-Commerce Payment Transactions Made via OEM Pay to Exceed 30.7 Billion Globally by 2026, Fueled by Frictionless Checkout Demand

A new study from Juniper Research has found that the volume of global eCommerce transactions made via OEM Pay will exceed 30.7 billion by 2026; rising from 6.1 billion in 2022. This outstanding growth of 403 percent will be driven by rapidly increasing customer demands of frictionless checkout experiences across multiple eCommerce channels. The new research, eCommerce Payments: […]

Biden, Backed by Business Executives, Presses Congress on Chip Funding

U.S. President Joe Biden met with executives of chipmakers including Samsung, Micron and other companies on Wednesday as part of an effort to push the U.S. Congress to fund $52 billion in grants to chipmakers to ease the semiconductor crunch. Biden, along with Commerce Secretary Gina Raimondo, hosted the event with Dr. Siyoung Choi, president […]

Explainer-Will Big Tech Cloud Companies Cut Off Russia?

Ukraine has urged cloud-computing and software giants including Microsoft Corp and SAP SE to cut off Russia to stop Moscow’s invasion. Here’s what’s at stake. WHAT IS UKRAINE DEMANDING? The Ukrainian ministry of digital transformation wants North American and European technology companies to completely pause any dealings with Russian clients, potentially disrupting Russia’s economy and […]