The U.S. needs to take a “strategic approach” as it competes with China on artificial intelligence, according to a Nasdaq executive. AI is an area that is going to only develop in partnership with government, and U.S. authorities need to get involved, said Edward Knight, vice chairman of Nasdaq. The Chinese government has already started […] Read more
British telcos could face large fines if they fail to tighten security in their networks under a new law being announced in Parliament on Tuesday. The proposed Telecommunications Security Bill is designed to improve security in the U.K’s 5G and full-fiber networks. Under the bill, network operators must ensure the equipment and software used at […] Read more
China’s government made two significant appointments over the weekend, assigning two former bankers to key positions that underscore President Xi Jinping’s policy priorities for the next few years, as the nation’s economic growth loses its breakneck pace, while the financial markets must prepare for greater foreign competition and liberalisation. The government promoted Yi Huiman, chairman […] Read more
Hongkongers have used 2 billion disposable masks since the beginning of the coronavirus pandemic, a local green group has said, urging the government to issue guidelines to encourage the use of reusable variants. Greeners Action surveyed 1,095 people and found that 92 per cent of respondents habitually wore disposable masks. More than half of them […] Read more
The third typhoon to hit the storm-battered Philippines in as many weeks caused major flooding in Manila on Thursday, trapping people on rooftops and claiming at least 11 lives across the country. Typhoon Vamco packed winds of up to 155km/h as it swept across the country’s largest island of Luzon after making landfall overnight. Authorities […] Read more
Despite rising Covid-19 infections throughout the United States, Europe and beyond, people are preparing to travel in late 2020. According to a survey by travel booking app Hopper, 39% of Americans are expected to travel during the upcoming holiday season. By that estimate, nearly 130 million people will be hitting the road in the United […] Read more
Pfizer and BioNTech announced Monday their coronavirus vaccine was more than 90% effective in preventing Covid-19 among those without evidence of prior infection, hailing the development as “a great day for science and humanity.” “I think we can see light at the end of the tunnel,” Pfizer Chairman and CEO Dr. Albert Bourla told CNBC’s Meg Tirell on […] Read more
China — The growth of Alibaba’s cloud business outpaced Amazon and Microsoft in the quarter ending in September, and the Chinese tech giant reiterated its commitment to making the unit profitable by next March. Alibaba reported cloud computing brought in revenue of 14.89 billion yuan ($2.24 billion) in the three months ending Sept. 30. That’s a 60% year-on-year rise […] Read more
More Maricopa results expected today A no voter fraud sign is displayed by a protester in support of President Donald Trump at the Maricopa County Elections Department office on November 4, 2020 in Phoenix, Arizona. Courtney Pedroza | Getty Images Elections officials in Maricopa County, Arizona, said they will release more results from the highly […] Read more
Senior US official at the Department of Homeland Security says FBI is investigating calls seeking to discourage people from voting. People across the United States received anonymous robocalls in the days and weeks before Election Day urging them to “stay safe and stay home”, in what experts said could be an attempt to scare voters […] Read more
