Broadcom Inc is in talks to acquire cloud service provider VMware Inc in a deal which could transform the chipmaker into a diversified tech firm, people familiar with the matter said. Negotiations between Broadcom and VMware are ongoing and a deal is not imminent, the sources said. The deal terms being discussed are not known. […]
Technology
Pharmaceutical companies including Novartis and Roche have teamed up with global cancer organisations in an alliance aimed at getting more oncology medications to poorer countries. Currently, fewer than 50% of the cancer drugs on the World Health Organization’s (WHO) essential medicines list are available in low and middle income countries, and the disease burden is […]
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 […]
The world has been plagued with severe problems of inequality. Although awareness has been rising up worldwide, several events including conflicts, wars and the recent COVID-19 pandemic has emphasized the dark reality that inequality is still a major issue. Poor countries, vulnerable populations have clearly been at the center of the sanitary cyclone that ravaged […]
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 […]
If you Google the question “Who created the internet,” you wouldn’t get a straight answer. There are the visionaries who conceived it, the engineers who built it, the coders who evolved it, and the creators who populated it. In that same sense, can we give credit to one person or company for creating the Metaverse? […]