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Japan game maker Nintendo sees no quick fix for chips crunch

The shortage in computer chips needed to make the Nintendo Switch machine is a serious problem unlikely to be resolved soon, the president of the Japanese video-game maker said Friday. “The extremely tight situation remains, and the future is uncertain,” Shuntaro Furukawa told reporters. Furukawa said the dearth of computer chips, which is affecting manufacturing […]

EXPLAINER: Why are foreign tech firms pulling out of China?

Yahoo Inc. is leaving the China market, suspending its services there as of Monday amid what it says is an “increasingly challenging” business and legal environment. Foreign technology firms have been pulling out or downsizing their operations in mainland China as a strict data privacy law specifying how companies collect and store data takes effect. […]

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 […]

Autonomous vehicle maker Nuro secures $600M for expansion

Electric vehicle maker Nuro said Tuesday it had secured $600 million in funding from Google, Kroger and others to continue the development of its autonomous delivery vehicle service. The Silicon Valley robotics company has already made thousands of grocery deliveries with Kroger as a part of a 2018 partnership. “Demand for local deliveries is exploding,” […]

Microsoft Mesh mixed reality joins metaverse league with Teams

Microsoft joins the metaverse legion by announcing Tuesday the development of a Microsoft Mesh Mixed Reality inside Teams by directly inserting virtual experience platform Mesh to endorse the integration of virtual spaces for consumers and business. The Big Tech titan revealed that following the overtake of the COVID-19 pandemic and the world’s shift towards remote […]

Indonesia first to green light Novavax COVID-19 vaccine

Biotechnology company Novavax said Monday that Indonesia has given the world’s first emergency use authorization for its COVID-19 vaccine, which uses a different technology than current shots. The vaccine doesn’t require the extremely cold storage temperatures that some other vaccines need, which could allow it to play an important role in boosting supplies in poorer […]

Nokia 3Q profit beats expectations despite chip shortage

Wireless and fixed-network equipment maker Nokia on Thursday reported third-quarter profit above analyst expectations on increasing sales of 5G technology and trimmed costs, but the company warned that the global shortage of semiconductors made the market outlook foggy and could hamper growth. The Espoo, Finland-based company reported net profit of 463 million euros ($537 million) […]

EXPLAINER: What the metaverse is and how it will work

The term “metaverse” seems to be everywhere. Facebook is hiring thousands of engineers in Europe to work on it, while video game companies are outlining their long-term visions for what some consider the next big thing online. The metaverse, which could spring up again when Facebook releases earnings Monday, is the latest buzzword to capture […]

Tango Networks Unveils Mobile-X Extend, BYOD Business SIM™ for Work-from-Anywhere Communications

Service embeds app-less business extension into employees’ personal dual SIM mobile phones. Tango Networks today announced Mobile-X Extend, the communications industry’s first service using a modern electronic SIM (eSIM) to instantly add a business-controlled extension to a mobile phone. Mobile-X Extend places a full-featured, secure and controlled business phone on employees’ BYOD devices. Now employees […]