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UK extends job support, tax breaks for pandemic-hit economy

Britain’s treasury chief on Wednesday announced an additional 65 billion pounds ($91 billion) of support for an economy ravaged by the coronavirus pandemic, extending job support programs and temporary tax cuts to help workers and businesses in his annual budget. Chancellor of the Exchequer Rishi Sunak told the House of Commons that it is too […]

Zain tops CDP global index on climate change

Kuwait-based telecoms operator Zain Group has received the highest rank in MEA in the CDP global index on climate change exceeding the average for Asian markets, the company telecoms announced on Tuesday. Zain Group announced its inclusion in the global list of the CDP with an advanced rating in Management Scope ‘B’ for the Climate […]

MTN faces rocky situation in Syria, hampering Middle East exit

South African operator MTN is facing a rocky situation in Syria, as the company was placed under a judicial guardianship following a court battle that went in favor of the country’s telecoms regulator. The Syrian Telecommunications and Post Regulatory Authority had previously accused the provider of mismanagement and violations of its licensing contract. According to […]

Huawei daughter back in Canada court in US extradition case

Lawyers for a senior executive for Chinese communications giant Huawei Technologies were in court Monday arguing evidence should be introduced which would undermine the case to have their client extradited to the U.S. Canada arrested Meng Wanzhou, the daughter of Huawei’s founder and the company’s chief financial officer, at Vancouver’s airport in late 2018. The […]

Autodesk announces executive leadership team hires

Autodesk, the CAD/CAM software titan, announced Thursday the hiring of Debbie Clifford as chief financial officer and Raji Arasu as chief technology officer. The corporation makes software products and services for the architecture, engineering, construction, manufacturing, media, education, life science and entertainment industry sectors, and has been an industry leader for decades. “We are thrilled […]

Digital exchange Coinbase takes a step toward going public

Coinbase has filed papers with U.S. regulators to become a publicly traded company as digital currencies continue to march toward mainstream acceptance. The digital currency exchange is seeking a direct listing, which would allow company insiders and early investors to convert their stakes in Coinbase into publicly traded stock. In a Thursday filing with the […]

Google funds Linux kernel developers to focus exclusively on security

Google and the Linux Foundation said Wednesday they are prioritizing funds to underwrite two full-time maintainers for Linux kernel security development, Gustavo Silva, and Nathan Chancellor. Silva and Chancellor’s exclusive focus is to maintain and improve kernel security and associated initiatives to ensure the world’s most pervasive open-source software project is sustainable for decades to […]

Cost of a single Bitcoin exceeds $50,000 for first time

The seemingly unstoppable rise of Bitcoin continued Tuesday with the cost of a single unit of the digital currency rising above $50,000 for the first time. The price of Bitcoin has risen almost 200% in the last three months and its volatility was on display Tuesday. After rising above $50,600, it fell back to $48,674 […]

Luxury car brand Jaguar to go all-electric by 2025

Struggling luxury car brand Jaguar will be fully electric by 2025, the British company said Monday as it outlined a plan to phase out internal combustion engines. Jaguar Land Rover, which is owned by Indian conglomerate Tata Motors, hopes the move will help turn around the fortunes of the 86-year-old Jaguar brand, which for many […]

Healthcare cloud computing set to rise in next decade

The novel COVID-19 pandemic has placed a spotlight on how technology can aid the healthcare industry in improving operations, cutting costs, and taking patient care to whole new level. One of the major technologies making strides is healthcare cloud computing, since it allows hospitals and medical facilities the flexibility patients need to receive care in […]