Tag: Technology News
Huawei in profits despite US sanctions and COVID-19
The revenue of China-headquartered telecoms manufacturer Huawei increased in the first nine months of the year even as it battled US trade sanctions and...
WhatsApp shifts focus to customer service features for revenue generation
It is through advertising that the US-based social media giant Facebook makes almost all of its revenue. But with its subsidiary and messaging platform...
Saudi Arabia poised to become global AI hub by 2030
Saudi Arabia, the largest economy in the Arab world has unveiled its National Strategy for Data and Artificial Intelligence as it aims to position...
PayPal to support cryptocurrency for shopping on its portal
One of the largest online payment processors in the world, PayPal is offering its support to cryptocurrency by allowing its customers to buy, sell...
Facebook unveils AI-driven instant translator tool
Social media giant Facebook has unveiled its first-ever AI-driven open-source multilingual machine translation (MMT) software which can translate between any pair of 100 languages...
Intel to sell NAND memory chip to South Korea’s SK Hynix
US multinational Semiconductor Company, Intel Corporation has agreed to sell its NAND memory chip business to South Korea-based SK Hynix Incorporation for $9 billion...
4G Network on Moon; NASA selects NOKIA to build infrastructure
Finland's multinational telecommunications company, Nokia has been reportedly selected by NASA to build the first cellular network on the moon.
The lunar network will be...
Toshiba expects $3bn revenue from cryptography by 2030
The Japanese multinational conglomerate Toshiba Corp targets for a $3 billion revenue from its advanced cryptographic technology for data protection by 2030, as the...
