When General Motors boldly announced its goal last month to make only battery-powered vehicles by 2035, it didn’t just break from more than a century of internal combustion engines. It also clouded the future for 50,000 GM workers whose jobs could become obsolete far sooner than they knew. The message was clear: As a greener […]
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Thus far, a cinematic horror-show of wealth-destroying, dysfunctional robots, is not quite a reality – or at least not yet. It seems people, or rather banking service consumers, trust personal finance robots more than themselves to manage their money, according to a new study by Oracle and personal finance expert Faroosh Torabi, and host of the “So Money” podcast. The study of more than 9,000 consumers […]
As the COVID-19 global pandemic has put an emphasis onto the digital health sector, investments are continuously pouring in to further grow the bridge between technology and medicine; and Big Tech are starting to notice. Search engine giant Google is looking to get part of the action, by partnering up with U.S.-based medical technology company […]
“Open” and “Innovation” unfortunately have been transformed into widely used buzzwords that are likely to generate eye rolls from Communications Service providers (CSPs) who are repeatedly bombarded with marketing messages that are hard to decipher. Open and Innovation in name alone do not address the challenges and opportunities CPSs face every day. According on one […]
Even after stepping aside as CEO, Amazon founder Jeff Bezos will likely keep identifying new frontiers for the world’s dominant e-commerce company. His successor, meanwhile, gets to deal with escalating efforts to curtail Amazon’s power. Tuesday’s announcement that Bezos will hand off the CEO job this summer came as a surprise. But it doesn’t mean […]
Behind GameStop’s stock surge is the grim reality of its prospects: The video game retailer is floundering even as the industry around it is booming. GameStop has been swept up in a battle between big-moneyed hedge funds betting against it and small investors trying to prop it up. That has caused GameStop’s share price to […]
Google is closing the internal studio tasked with developing games for its Stadia cloud-gaming service, a move that raises questions about the future of the Stadia service itself. Google launched Stadia in November 2019 as a new type of video-game platform that operates without a console and that stores game-playing sessions in the cloud. It […]
The spread of COVID-19 vaccines will power a stronger global economic recovery in 2021, the International Monetary Fund forecast Tuesday. After sinking 3.5% in 2020, the worst year since World War II, the global economy will grow 5.5% this year, the 190-country lending organization predicted. The new figure for 2021 is an upgrade from the […]
Disruptions are a welcome break in almost all the industries around the world; however, some disruptions can indeed be catastrophic, but as every coin has two sides, it also brings great opportunities. The digital disruptions brought by the global pandemic has created a difficult situation for a few but there are several institutions that took […]
The worldwide COVID-19 pandemic caused dips in many industries, affecting everything from investments to supply chain as the global population took refuge within the safety of their own homes throughout the majority of 2020. However, many have noted that 2021 will be different, as numerous vaccines have mushroomed all over the world to kickstart the […]