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GameStop mania severely tested market system, regulator says

The U.S. stock market certainly shook when hundreds of thousands of regular people suddenly piled into GameStop early this year, driving its price to heights that shocked professional investors. But it didn’t break. That’s one of the takeaways from a report by the Securities and Exchange Commission’s staff released Monday about January’s “meme-stock” mania. As […]

Facebook plans to hire 10,000 in Europe to build 'metaverse'

Facebook said it plans to hire 10,000 workers in the European Union over the next five years to work on a new computing platform that promises to connect people virtually but could raise concerns about privacy and the social platform gaining more control over people’s online lives. The company said in a blog post Sunday […]

TAMM unites government services on all digital fronts

TAMM, the governmental service provider, also inked its digital mark during the festival. The service provider is currently directing its focus at providing all governmental agencies, alongside residents and visitors of the UAE, with a multitude of centralized services, such as mobile application, a portal, and a physical center for its whole customer base to […]

Monty Mobile sheds light on the wonders of Telecom

Monty Mobile was also present during Gitex 2021, with its booth’s telecom experts welcoming intrigued individuals to discuss the company’s latest innovations, in addition to future plans.Monty Mobile delivers a range of services such as SMS, roaming, data analytics, and so much more to help users discover an array of ways the telecom sector can […]

Ericsson to deploy 5G in sports stadiums

The overtake of COVID-19 pushed Ericsson to expand its horizon to accommodate sports fans’ needs. As 5G’s influence heightens, sports venues are entering the league.During Dubai’s tech festival, the Swedish vendor presented its latest project to enhance the live experience for fans. At its booth, Ericsson’s model revealed a sneak-peek into its plan to deploy […]

Du welcomes IoT modernization

UAE-based telco, du, showcased during GITEX 2021 the self-governing security patrol, powered by the fifth generation of wireless network, 5G.During the event, du exhibited its creative management of the emerging digital era by leveraging the Internet of Things (IoT), to deliver smart city applications and creations. The telcos presence in GITEX 2021, highlighted du’s commitment […]

Epson’s sustainable solutions

Epson ignited its journey at Gitex by unveiling its recent innovative solutions to promote its approach towards raising awareness to empower technology incorporation into day-to-day lives. The electronics company also announced its plans to drift to a more sustainable technology switch with eco-friendly solutions for businesses and their work ecosystem. The company’s presence in GITEX […]

Cisco's Life Digitization

After a wave of innovation overtook the world following the pandemic, Cisco plays the field in GITEX 2021. The networking hardware company reinforced the importance of fulfilling its chief priorities for its upcoming plans. Cisco demonstrated a live demonstration of where technology stands now regarding 3D communication technology, taking the collaboration between technology and communication […]

Bitcoin-mining power plant raises ire of environmentalists

An obstacle to large-scale bitcoin mining is finding enough cheap energy to run the huge, power-gobbling computer arrays that create and transact cryptocurrency. One mining operation in central New York came up with a novel solution that has alarmed environmentalists. It uses its own power plant. Greenidge Generation runs a once-mothballed plant near the shore […]

FDA panel endorses booster shot for J&J COVID-19 vaccine

U.S. health advisers endorsed a booster of Johnson & Johnson’s COVID-19 vaccine Friday, citing concern that Americans who got the single-dose shot aren’t as protected as those given two-dose brands. J&J told the Food and Drug Administration that an extra dose adds important protection as early as two months after initial vaccination — but that […]