Food security is the one thing at the center of societal stability. Our entire species would not be where it is now if not for past advancements in food production that allowed societies to shift their attention to other aspects of life like art, technology, and education. In our world with a population of around […]
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Google is being fined 220 million euros ($268 million) by France’s antitrust watchdog for abusing its ‘dominant’ position in online advertising. The search engine giant is also promising to overhaul the way its platform is used for buying and selling digital ads, at least in France, which could have repercussions on its ongoing legal fights […]
The smartphones market has witnessed major shifts in the span of merely a decade, players have shot up and disappeared, while other brands persisted based on their ability to quickly adapt to the ever-changing needs and wants of the market. Competition between smartphone brands has narrowed down to two main players: iOS and Android. And […]
The District of Columbia has sued Amazon, accusing the online retail giant of anticompetitive practices in its treatment of sellers on its platform. The practices have raised prices for consumers and stifled innovation and choice in the online retail market, the DC attorney general alleges in an antitrust suit. The suit filed Tuesday in the […]
Pressure is mounting on South Korean President Moon Jae-in to pardon Samsung heir Lee Jae-yong, who is back in prison after his conviction in a massive corruption scandal, even though business has rarely looked better at South Korea’s largest company. Lee is just the latest South Korean corporate boss to run his business from behind […]
A Tesla involved in a fatal crash on a Southern California freeway last week may have been operating on Autopilot before the wreck, according to the California Highway Patrol. The May 5 crash in Fontana, a city 50 miles (80 kilometers) east of Los Angeles, is also under investigation by the National Highway Traffic Safety […]
In the latest setback to European Union efforts to tackle corporate tax avoidance, a court on Wednesday annulled a ruling by the European Commission that a tax deal between the Luxembourg government and Amazon amounted to illegal state support. The EU’s executive branch ordered the U.S. online retailer in 2017 to pay around 250 million […]
Several of the world’s largest tech companies including Apple, Microsoft, Amazon, and Google have teamed up with chipmakers such as Intel to announce the formation of a new lobbying group to pressure the U.S. government for chip manufacturing subsidies. The lobbying group – dubbed the Semiconductor in America Coalition (SIAC) – have called on congressional […]
While the world came to a screeching halt when the COVID-19 pandemic hit, the semiconductor market performed strongly in 2020. Demand by industry was uneven throughout the year due to global lockdowns, remote work, and education, and shifts in consumer buying behavior. Worldwide semiconductor revenue grew to $464 billion in 2020, an increase of 10.8 […]
Kuwait telecoms giant STC announced earlier last week the successful commercialization step of implementing 5G Stand Alone (5G SA). The milestone is considered to be the second and most disruptive development of the comprehensive 3GPP 5th generation compliant network. STC also successfully accomplished the widest scale of 5G deployment coverage on Sub-3GHz and 2.1GHz amongst […]