Can you imagine where the soon to be world’s largest data center would be situated – a small town in the remote north of the Arctic Circle is set to be its home. With the aim of eventually drawing on a record-setting 1000 megawatts of power, the Kolos facility is being developed by a US-Norwegian…
While it has provided limited info, there will be more clarity on the issue once it files its quarterly returns. In response to questions from the U.S. Securities and Exchange Commission, Qualcomm Inc has disclosed further details on the impact of its ongoing dispute with Apple Inc. As part of its response Qualcomm stated, revenues…
Finally a President who can stand up to China’s suspicious trade policies. In a significant development with long term inpact, U.S. President Donald Trump has authorized an inquiry into China’s alleged theft of intellectual property, in what has been described as a first step towards mitigating the trade imbalance between the two nations. With China…
Based on growing optimism that faster transaction times will hasten the spread of the cryptocurrency, bitcoin soared past $4,000 for the first time. After a plan to quicken trade execution by moving some data off the main network was activated last week, noting a gain of nearly 17 percent since Friday, the largest digital tender…
As key U.S. officials played down the risk of an imminent war with North Korea and as South Korea’s president said resolving Pyongyang’s nuclear ambitions must be done peacefully, tensions on the Korean peninsula eased slightly on Monday. A spike in tensions in recent months has been spiked by concerns that North Korea is close to…
Blockchain technology being used to validate, store and track healthcare data. The Bitfury Group has entered into an alliance with Insilico Medicine, a Baltimore-based medical artificial intelligence (AI) firm, to create new applications for the healthcare industry using blockchain. Blockchain technology, being developped in the private as well as in the public sector, has…
The development comes midst Time Warner, HBO’s parent, awaiting regulatory approval in its bid to sell itself to AT&T. Upping their ante against HBO, hackers have released more unaired episodes of its popular shows. The leak however did not include anything on HBO’s hit fantasy series “Game of Thrones”. Recently, hackers have managed to break…
Even as Microsoft Corp looks to speed up use of the distributed database software by enterprises, the U.S. tech giant is working on technology that it believes can make blockchain-based systems faster and more private. In order to solve some of the issues that have slowed down the adoption of blockchain networks, including speed and…
Over the period of last ten years or so, the Royal Bank of Scotland (RBS) has seen its reputation take a battering. Nearly 73 percent of the bank is still owned by the taxpayer after having being bailed out by the U.K. government during the global financial crisis in 2008. And now the bank is…
The coming age of autonomous self-driving vehicles have necessitate close collaboration between tech companies and automakers. Toyota Motor Corp along with Intel and other tech and auto companies have formed a consortium to create an ecosystem that will cater to big data for the upcoming connected car market. The Japanese carmaker also mentioned that…
