Category: Enterprise

G20 Disclosed Plans to Build Policy Consensus on Crypto Assets

The Group of 20 (G20) countries are striving to build a policy consensus on crypto assets to inform better global regulation, India's federal economic affairs secretary Ajay Seth said on…

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Micron to Reduce the Supply of Memory Chips in 2023, Plans Fresh Capex Cuts

Micron Technology Inc said on Wednesday it would reduce memory chip supply and make more cuts to its capital spending plan, as the semiconductor firm struggles to clear excess inventory due…

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Nvidia Confirms it is Working with Microsoft to Build Super Cloud Artificial Intelligent Computer

U.S. chip designer and computing firm Nvidia Corp on Wednesday said it is teaming up with Microsoft Corp to build a “massive” computer to handle intense artificial intelligence computing work in the…

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Alibaba Quarterly Revenue did not Meet Expectations as Spending Slows

Chinese e-commerce giant Alibaba Group Holding Ltd posted a low single-digit rise in quarterly revenue on Thursday, slightly below expectations, as COVID-19 curbs and a worsening economic outlook stifled consumer spending.…

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Europe is Currently too Reliant on China for Technologies, Says Finland Prime Minister

Europe is currently too reliant on China for technologies and should be wary of this dependency, Finland's Prime Minister Sanna Marin said on Thursday. "Let's be honest, we have vulnerabilities…

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Italian Government Outlaws Facial Recognition Technology, Except to Fight Crime

Italy prohibited the use of facial recognition and 'smart glasses' on Monday as its Data Protection Agency issued a rebuke to two municipalities experimenting with the technologies. Facial recognition systems…

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SpaceX Paid for ad Campaign on Twitter for Starlink

SpaceX has bought an advertising package on Twitter for its satellite internet service Starlink, said Elon Musk, who owns the rocket company and the social media platform that is seeing…

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Tim Draper Sour on China, Confirms it has Left the Free Market.

China has left "the free market" and no longer a place to invest under President Xi Jinping, said U.S. venture capitalist Tim Draper, an early investor in Elon Musk's Tesla…

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Amazon Introduces Smaller Delivery Drone That Can Fly in Rain

Amazon on Thursday unveiled the design for a new delivery drone that promises to be smaller, quieter and capable of flying in light rain. The drone, called the MK30,…

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New Warehouse Robot from Amazon Could Replace Humans

Amazon.com Inc. has developed a robot capable of identifying and handling individual items, a milestone in the e-commerce giant’s efforts to reduce its reliance on the human order pickers who currently…

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