A bipartisan group of U.S. lawmakers have introduced a bill which aims to provide more than $22.8 billion in aid to U.S.-based semiconductor manufacturers. The development comes at a time when the Trump Administration is making efforts to spurr the construction of chip factories in the United States. Chip factories come with a hefty price…
In a significant development, the Federal Communications Commission (FCC) voted unanimously to a proposal which sets a record $225 million in fine against Texas-based health insurance telemarketers for allegedly making around 1 billion illegal robocalls. The FCC’s orders named John C. Spiller II, and Jakob Mears, who used businesses, including Rising Eagle and JSquared Telecom…
In a statement that sees Japan’s Fujifilm Holdings Corp stepping up its pivot towards healthcare, the Japanese giant said, it will spend $928 million to double its capacity at a drug manufacturing facility in Denmark, which it has pledged to use for producing COVID-19 treatments. Fujifilm Holdings Corp’s investment in Fujifilm Diosynth Biotechnologies will expand…
According to a report from The Times, the contact tracing app of Britain’s National Health Service (NHS) is scheduled for launch for the next tranche of easing lockdown restrictions at the start of July. Late last month, Britain had said it was dealing with technical issues related to the app, which was seen as a…
Alphabet’s Inc’s Google Inc stated, it is adding features to its Maps app which will alert users about COVID-19-related travel restrictions to help better plan their trips. The Google Map update also allows users to check how crowded a train station is likely to be at a particular time, or whether buses running on a…
In a letter to the U.S. Congress, International Business Machines Corp’s new Chief Executive Officer Arvind Krishna said, it will no longer offer facial recognition or analysis software; IBM is also calling for efforts to pursue justice and racial equity. IBM will stop offering facial recognition software and opposes any use of the technology for…
Late on Monday, the U.S. unit of China Telecom Corp pleaded with the Federal Communications Commission (FCC) to not revoke the company’s authorization to provide international telecommunications services in the United States. The development comes in the wake of the U.S. Justice Department along with other agencies asking the FCC in April to revoke the…
In a significant development, France and Germany have thrown their weight behind plans to create a cloud computing ecosystem aimed at reducing Europe’s dependence on established tech giants including Google, Microsoft and Amazon. The project, dubbed Gaia-X, aims to establish common standards for storing and processing data on servers that are sited locally and comply…
On Friday, the government of Singapore stated, it plans on soon launching a wearable device which will enable the contact tracing for the coronavirus which emerged in Wuhan, China. On successful testing, it will distribute it to all of 5.7 million residents. Like India’s Aarogya Setu app, Singapore has also developed a smartphone app to…
On Thursday, Australian graphite explorer EcoGraf Ltd stated, it has signed an agreement with German industrial conglomerate Thyssenkrupp AG for the supply of graphite products that are used in making batteries. EcoGraf’s supply agreement is with Thyssenkrupp Materials Trading GmbH, a unit of Thyssenkrupp AG. In a statement EcoGraf said, Thyssenkrupp Materials Trading GmbH would…
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