The world is just learning to walk again after the pandemic. Yet the news of an economic downturn is already circulating fast. Information technology solutions proved vital in understanding and overcoming obstacles. Making it a logical choice to rely further on information technology solutions to lessen the weight of the upcoming economic downturn. Technology advances […]
Global Recession
Bitcoin itself came as a response to the 2008 global recession. Introducing a new path to transact without depending on the power of third parties, such as banks. The failing ones, in particular, were still bailed by governments at public expense. Given its birth nature, people always consider bitcoin a decent way to fight the […]
In an attempt to warn about the current global economic situation, Huawei founder Ren Zhengfei is urging big and small businesses to focus on surviving, as the worse is yet to come. Global tensions are rising, and China, as a powerhouse, is playing its cards to show its powerful stance. Yet, could this be at […]
The founder of China’s Huawei Technologies has told employees the company must shift its focus from pursuing scale to ensuring profits and cash flow as the global economy enters a long period of recession, media reported on Tuesday. “With survival the main principle, marginal businesses will be shrunken and closed, and the chill will be […]