Search results for "2024"

Nvidia initiates plan for “Omniverse” with product launch

U.S.-based chipmaker Nvidia, announced Wednesday plans to launch its latest technology to enlarge its grip in the automotive field, by incorporating a system that would fasten the training of these vehicles. Nvidia’s “Omniverse” simulation technology revolves around delivering the needed assistance for automotive vehicles by integrating both Artificial Intelligence (AI) and the company’s software. This […]

Nofar Energy expands the collaboration with Tesla

Nofar Energy expands further its collaboration with Tesla: the company reported today it had entered a second framework agreement with Tesla on purchasing battery stored power systems with a total capacity of 200 megawatts for $54 million. Under the agreement, Nofar will pay 5% of the consideration on the contract signing date and the balance […]

UAE to launch probe targeting asteroid between Mars, Jupiter

The United Arab Emirates on Tuesday announced plans to send a probe to land on an asteroid between Mars and Jupiter to collect data on the origins of the universe, the latest project in the oil-rich federation’s ambitious space program. A successful landing would see the UAE join an elite club of the European Union, […]

Almost 4 Billion Smartphone Users, $90.7 Billion in Mobile Game Revenues, and much more

The mobile ecosystem is changing. Mobile developers build much of their success on data-driven insight, enabled through smart tracking and targeting of users. Stringent (privacy-based) policies from Apple, Google, and regulators have created new challenges for developers, publishers, ad tech companies, and marketers. Despite these challenges, the mobile market—and the games market within it—is more […]

DT closes Softbank deal as it eyes up U.S. telecoms market

In a labyrinthine deal of swapping, selling, and buying shares, Japanese conglomerate Softbank Group Corp. dropped the curtain on what could be a crowned deal, as it plans to own segments of Deutsche Telecom by selling units of its T-Mobile U.S. Inc. shares to the German telco. Deutsche Telekom (DT) has finally revealed plans to […]

Mastercard to abandon magnetic strip on cards by 2033

Mastercard announced on Thursday its plans to halt the issuance of cards with a magnetic strip by 2033.  The global financial firm will have strip-less debt and credit cards in Europe starting from 2024, and across the globe by 2033, Mastercard declared in a statement.   The company claimed that it will be the first payments network to phase out the technology, which dates to the 1960s.   “Magnetic strip is reaching its expiration date with […]

Global 5G infrastructure revenue to reach $19.1 billion in 2021

Worldwide 5G infrastructure revenue is expected to grow by 39 percent reaching $19.1 billion in 2021, up from $13.7 billion last year, according to a report published on Wednesday by U.S.- based research and advisory company, Gartner.   The report revealed that communications service providers (CSPs) in mature markets enhanced 5G development in 2020 and 2021, citing the pandemic as a reason for this increase.  “The COVID-19 pandemic spiked demand for optimized and ultrafast broadband connectivity to […]

What is WiFi 7? The next step in wireless evolution

The future belongs to those who seize it in the present, and the global race for better, faster, and more reliable connectivity that underpins modern society is no different. Even as Wi-Fi 6 began its commercial availability around 2019, work has already been underway to bring next gen WiFi into reality to accommodate our increasing […]