IoT, Digital Twin Technology, and the Metaverse

Ever since their first appearance in 1989, Internet-of-Things (IoT) systems have wormed themselves into the next centuries of innovations, from intelligent toasters to robotic butlers. And while they heavily rely on cloud computing, they managed to make data the new oil of the digital age. As a result, we have witnessed the implementation of IoT […]

Dollar slides as US inflation slows, tech drags on Hong Kong

Asian stocks struggled on Thursday, dragged down by tech and property selling in Hong Kong, while the dollar was under pressure as softening U.S. inflation seemed to suggest the Federal Reserve’s rate hike cycle was nearing its end. Early in the Asia day the euro hit a 2-1/2 month top at $1.10. Investors are positive […]

Bitcoin Breaks Above $30,000 as Investors Eye End of Rate Rises

Major cryptocurrency bitcoin breached the key $30,000 level for the first time in 10 months on Tuesday, adding to its steady gains as investors raised bets that the U.S. Federal Reserve will soon end its aggressive monetary tightening campaign. Bitcoin peaked at $30,438 in Asian trade and was last up 1.96% at $30,233. It has […]

World Stocks Survive Banking Turmoil - But for How Long

Banking sector turmoil has not dented demand for equities, with MSCI’s world stock index up 7% so far this year. Hopes that the Federal Reserve and others could soon pause the most aggressive interest rate hiking cycle in decades has supported stocks even as sentiment more generally has been rattled by the failures of two […]

Apple Supplier Foxconn Steps up Investment Outside China, as Consumer Electronics Demand Dips

Apple Inc supplier Foxconn on Wednesday said it plans to ramp up investment outside of China and efforts to attract automakers to its contract manufacturing business, as the company reported weaker demand for consumer electronics. Foxconn, which assembles around 70% of iPhones, has been diversifying production away from China, whose strict COVID restrictions disrupted its […]

Building a Sustainable Culture Is Beyond Governmental Regulations

As our world becomes increasingly digital, the production and disposal of electronic devices have reached staggering levels. Unfortunately, the majority of electronic waste, or e-waste, is not disposed of in a responsible or sustainable manner. Instead, it ends up in landfills or shipped to developing countries, where it is often improperly recycled, leading to significant […]

Apple to Start Using In-House Screens from 2024 - Bloomberg News

Apple Inc is planning to start using its own custom displays in its mobile devices from 2024 onwards in an attempt to bring more components in-house, Bloomberg News reported on Tuesday, citing people with knowledge of the matter. The company intends to begin by swapping out the display in the highest-end Apple Watches by the […]