Moderna Inc has entered a licensing deal with Generation Bio Co to develop treatments targeting the immune system and liver, the latest such transaction by the vaccine maker as it expands beyond its COVID shots. Generation Bio’s shares rose about 13.14% to $4.40 in premarket trading on Thursday. Moderna will pay $40 million in cash […]
Economy
China has never deliberately pursued a trade surplus with the United States, Shu Jueting, a commerce ministry spokesperson, said on Thursday, despite signs that China is continuing to reduce its reliance on American exports. Although American export data published on Feb. 7 shows that exports to China increased by $2.4 billion on the year to […]
Amazon.com Inc on Monday said it would axe another 9,000 roles to make its operation lean and manage economic uncertainty, marking a new round of job cuts that pile onto the technology sector’s woes. In a remarkable turn for a company long touting its job creation, Amazon will have eliminated 27,000 positions in recent months, […]
These are not mere visions. They’re a roadmap to a better tomorrow for both nations. Be it the Saudi Arabia Vision 2030 or UAE Vision 2030. They both serve as a clear declaration of commitment of both countries. These visions include mega projects that will turn these nations into economic hubs for the world to […]
China’s science and technology policies should aim to build its strength and self-reliance, while the role of the government in pooling resources for key technological breakthroughs needed to be leveraged better, Premier Li Keqiang said on Sunday. The nation effectively countered external attempts to suppress and contain China’s development over the past five years by […]
Smart cities, cognitive cities’ predecessors, as a concept, are not as brand new as you might think. In fact, in 1974, Los Angeles created the first urban big data project, “A Cluster Analysis of Los Angeles,” fast forward to 1994, and Amsterdam hopped on the wagon with a virtual digital city, “De Digital Stad” (DDS), […]
In 1909 a short novel was published that has gone on to shape the opinions of every generation since. It concerns what the future has in store for us. It was entitled ‘The Machine Stops’, and even those unaware of this novella harbor fears lifted straight from its pages. The central core of this 114-year-old […]
Cryptocurrency trade association Chamber of Digital Commerce is urging a federal court to dismiss a case brought by the U.S. securities regulator against ex-Coinbase employees accused of insider trading, arguing that the case unfairly labeled several crypto assets as securities. The group said in an amicus brief filed Wednesday in a district court in Washington […]
It would be an understatement to say that the past 12 months have been filled with challenges. Although there were highs and lows in the telecom industry, ultimately, we were all able to succeed. We can’t help but look back on everything as 2022 approaches. Now is the time to reflect on the circumstances that […]
As we hear the argument about tech companies taking over the responsibility of governments, our minds technically travel back to the early days of Covid19 pandemic, when everything suddenly became virtual. This downturn had no alternative, which made every sector reliant on technology. Technology has played a dominant role in implementing government systems on a […]