Consumer behavior is likely to be permanently affected by the COVID-19 pandemic, along with lasting structural changes to both the consumer goods and retail industries. This had been identified by a survey conducted by Accenture, of over 3,000 consumers in 15 countries across give continents. The survey was first conducted between April 2nd and April […]
Technology
Analytics and Business Intelligence projects have shown initial indications of defying the economic downturn that COVID-19 continues to create. Analytics and BI are being utilized by companies to plan and execute strategies that are paramount to their survival. Advisory services firm Dresner, published an interterm finding report from their 2020 COVID-19 impact survey report this […]
NEW YORK (AP) — Intel and a Taiwanese company are talking to the Trump administration about building new semiconductor plants in the United States amid concern about relying on suppliers in Asia for chips used in a wide variety of electronics. A spokesman for Intel, the biggest American chip maker, said Sunday that the company […]
By ROB GILLIES Associated Press TORONTO (AP) — Google abandoned its smart-city development in Toronto on Thursday after more than two years of controversy over privacy concerns and amid economic uncertainty caused by the pandemic. A unit of Google’s parent company Alphabet had been proposing to turn a rundown part of Toronto’s waterfront into a […]
Facebook announced the first 20 members of its oversight board, which will decide what controversial content is permitted on both Facebook and Instagram. The board will make rulings over what content will be allowed on the social network. Tesla is apparently preparing to restart operations at its factory in California which could be a possible violation […]
PRAGUE (AP) — Czechia and the United States have signed a joint declaration Wednesday for cooperating on security of 5G technology. The Czech government office said the document was signed remotely by Czechia Prime Minister Andrej Babis and U.S. Secretary of State Mike Pompeo. The signing comes amid a global battle between the U.S. and […]
CSPs (communication service providers) are putting all their hopes on driving revenue from 5G enterprise customers, however insights from market research company in India, suggests that they are in danger of missing out on their golden business-to-business 5G opportunity. This is potentially worth billions if not trillions of dollars in the coming decades, unless they […]
By DEE-ANN DURBIN AP Business Writer Airbnb says it is laying off 25% of its workforce as it confronts a steep decline in global travel due to the new coronavirus pandemic. It’s a serious setback for the 12-year-old home-sharing company, which just a few months ago was valued at $31 billion and planning a hotly […]
By MATT O’BRIEN and CHRISTINA LARSON Associated Press As governments around the world consider how to monitor new coronavirus outbreaks while reopening their societies, many are starting to bet on smartphone apps to help stanch the pandemic. But their decisions on which technologies to use — and how far those allow authorities to peer into […]
Cities around the world are usually enveloped in pollution however, not right now. One of the few silver linings of the current Covid-19 pandemic especially for city dwellers worldwide, has been the improvement in the environment. Carbon emissions are set to decline by almost 8%, with a rising demand for renewable energy. According to the […]