Search results for "AI "

South Korea economy shrank in 2020 for 1st time in 22 years

South Korea’s central bank says the country’s economy shrank for the first time in 22 years in 2020 as the coronavirus pandemic destroyed service industry jobs and depressed consumer spending. Preliminary data released by the Bank of Korea on Thursday showed the country’s gross domestic product last year contracted 1% from 2019. It was the […]

Decisive Point invest in Asylon to increase production of security and defense drones

Venture capital firm Decisive Point announced Wednesday an investment in Asylon, Inc., a manufacturer of infrastructure and software for the deployment and operation of autonomous surveillance and defense systems.  Decisive Point is a venture capital firm focused on technology for government, public safety, and defense. The amount of the investment was not disclosed. Philadelphia based […]

US-China tensions threaten global climate change efforts

The world’s hopes for curbing climate change hinge on action by two giant nations whose relations are deteriorating: China and the United States. The two countries both say they are intent on retooling their economies to burn less climate-wrecking coal, oil and gas. But tensions between them threaten their ultimate success. China and the United […]

Google ends sale of ads using individual web tracking data

Google says it won’t develop new ways to follow individual users across the internet after it phases out existing ad-tracking technology from its Chrome browser, a change that could shake up the online advertising industry. Google says it’s taking the move to protect user privacy. It’s part of a broader shift in the industry as […]

Biden faces steep challenges to reach renewable energy goals

President Joe Biden wants to change the way the U.S. uses energy by expanding renewables, but he will need to navigate a host of challenges — including the coronavirus pandemic and restoring hundreds of thousands of lost jobs — to get it done. The wind and solar industries have managed to grow despite a less-than-supportive […]

China, looking post-virus, to push tech autonomy at Congress

Chinese leaders are shifting focus from the coronavirus back to long-term goals of making China a technology leader at this year’s highest-profile political event, the meeting of its ceremonial legislature, amid tension with Washington and Europe over trade, Hong Kong and human rights. The National People’s Congress, which opens Friday, has no real power. But […]

KSA online food ordering to massively rise by 2026, report says

In a report released this week, the “Saudi Arabian Online Food Ordering and Delivery Market” was valued at $511.21 Million in 2020 and is forecast to grow at 10.05 percent CAGR during 2021 – 2026, according to Research and Markets. Even after the challenges of the pandemic, the market showed consistent growth. Going forwards, digitization, […]

Microsoft: China-based hackers found bug to target US firms

China-based government hackers have exploited a bug in Microsoft’s email server software to target U.S. organizations, the company said Tuesday. Microsoft said that a “highly skilled and sophisticated” state-sponsored group operating from China has been trying to steal information from a number of American targets, including universities, defense contractors, law firms and infectious-disease researchers. Microsoft […]