ASML, a semiconductor industry and stock market giant, has to think smaller. Or maybe bigger. It is building machines the size of double-decker buses, weighing over 200 tonnes, in its quest to produce beams of focused light that create the microscopic circuitry on computer chips used in everything from phones and laptops to cars and […]
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The White House is working to put advanced anti-ship missiles in the hands of Ukrainian fighters to help defeat Russia’s naval blockade, officials said, amid concerns more powerful weapons that could sink Russian warships would intensify the conflict. Ukraine has made no secret it wants more advanced U.S. capabilities beyond its current inventory of artillery, […]
Blockchain needs its own music industry ‘MP3’ moment as fragmented regulation and technology hamper the development of a digital securities industry that could help realise its full potential, industry officials said. Blockchain, or distributed ledger technology (DLT), underpins cryptoassets like bitcoin and allows many parties to access a single version of data at the same […]
South Korea was the first country to launch a fifth-generation mobile network in 2019, heralding a warp-speed technological transformation to self-driving cars and smart cities. Three years on, the giddy promises are unfulfilled. Some 45% of the country’s people are now on 5G, one of the highest rates globally, after some $20 billion in spending […]
The U.S. Energy Department launched a program on Thursday to fund four large-scale projects across the country that can remove carbon dioxide from the air, investing $3.5 billion in a nascent technology the Biden administration says is necessary to meet a goal of achieving net zero emissions by mid century. The agency released a formal […]
Tether, the world’s largest stablecoin, said on Thursday it has boosted its holdings of U.S. government debt while cutting exposure to riskier assets, the first look at its reserves since the token was rocked by the crypto sector’s recent sell-off. Stablecoins, a variety of cryptocurrencies designed to keep a steady value, are in sharp focus […]
Canada on Thursday said it plans to ban the use of China’s Huawei Technologies Co Ltd and ZTE Corp 5G gear to protect national security, joining the rest of the so-called Five Eyes intelligence-sharing network. “We intend to exclude Huawei and ZTE from our 5G networks,” Industry Minister Francois-Philippe Champagne told reporters in Ottawa. “Providers […]
Georgia Governor Brian Kemp will announce on Friday that Hyundai Motor Group is investing more than $7 billion in the state, an announcement coinciding with a visit by President Joe Biden to Seoul, sources told Reuters. The South Korean auto group, which houses Hyundai Motor Co and Kia Corp, will build a plant to make […]
Cisco Systems Inc cut its full-year earnings forecast on Wednesday after COVID lockdowns in China and the war in Ukraine dragged sales below estimates in the third quarter, sending shares down 13% in extended trading. It also said fourth-quarter revenue would decline by 1% to 5.5%, becoming the latest U.S. company to outline a hit […]
Companies are diving deeper into Extended Reality (XR) technologies as the desire for increased emersion and convenience takes off. With Metaverse technology development in full swing around the world, here is the latest in extended reality news. Google Back in 2019, Google launched Live View, an AR layer on top of Google Maps. In their […]
