Technology

Trade, technology and security at risk in US-China feud

BEIJING (AP) — They have the largest economies in the world. They spend more than anyone else on their militaries. From high-tech chips to control of the high seas, their interests are closely intertwined. The ongoing sharp deterioration in U.S.-China ties poses risks to both countries and the rest of the world. In the latest […]

Software giant SAP to spin off Qualtrics and take it public

NEW YORK (AP) — SAP says it plans to spin off Qualtrics and take it public less than two years after acquiring the survey-software provider. SAP said Sunday it will retain majority ownership of Qualtrics’ shares. The German software giant announced in November 2018 that it agreed to pay $8 billion cash for Qualtrics, just […]

Zuckerberg, Bezos, other tech CEOs testify on competition

WASHINGTON (AP) — Four Big Tech CEOs — Facebook’s Mark Zuckerberg, Amazon’s Jeff Bezos, Google’s Sundar Pichai and Apple’s Tim Cook — will answer for their companies’ practices before Congress at a hearing Wednesday by the House Judiciary subcommittee on antitrust. The panel has conducted a bipartisan investigation over the past year of the tech […]

Alibaba-backed Ant Group to go public in Shanghai, Hong Kong

HONG KONG (AP) — Ant Group, the online payments arm of e-commerce giant Alibaba Group, announced plans Monday for an initial public stock offering that could become the world’s biggest since the coronavirus pandemic began. Ant, valued at $150 billion after a 2018 private fundraising round, gave no indication how much money it hopes to […]

Riverbed “Future of Work” Insights

New technology investments are expected to enhance corporate performance and wellness as employees increasingly Work From Anywhere  While 95% of business leaders are comfortable with employees working remote, 69% said they were not completely prepared to support extensive remote work at the start of the COVID-19 outbreak Businesses expect a nearly 50% increase in employees […]

Tech companies fight to protect international talent pool in the US

On June 6, 2020, the Trump administration issued a new visa law for international students. This move comes to ban students from staying in the US if they fail to attend at least one in-person course. Google, Facebook, and Microsoft considered the decision as harm to their businesses. They have joined a lawsuit filed on […]

Who is going to secure the leadership in 6G deployment

Samsung is paving the way to secure its leadership in the deployment of 6G technology.The South Korean company is committed to lead the standardization of 6G and is planning to collaborate with various stakeholders across industry, academia, and governments. Samsung aims to provide the peak data rate of 1,000 Gbps and a user experience data […]

EU court cancels US data-sharing pact over snooping concerns

LONDON (AP) — The European Union’s top court ruled Thursday that an agreement that allows thousands of companies — from tech giants to small financial firms — to transfer data to the United States is invalid because the American government can snoop on people’s data. The ruling to invalidate Privacy Shield will complicate business for […]

3 ways that technology will enhance banking services

Technology is fundamental to the retention of customers, for one simple reason. Technology facilitates and drives the development of services, expected by the tech savvy client. People are always looking for ways to make their payment processes faster, safer and more convenient. Fintech adoption has rapidly escalated amid the pandemic, which has meant that banking […]

US targets $1.3 billion in French imports in tech tax clash

WASHINGTON (AP) — The Trump administration on Friday announced plans to impose taxes on $1.3 billion in French imports — hitting handbags and makeup but sparing cheese and wine — in retaliation for France’s digital services tax on U.S. technology giants. But the Office of the U.S. Trade Representative said the levies would be delayed […]