GSMA and 12 carriers to recycle 5 billion unused mobile phones
The GSM Association (GSMA) and a dozen carriers have announced a plan to recycle five billion unused mobile phones by 2030. The plan aims to increase the number of used mobile devices collected through operator take-back schemes to at least 20% of the number of new mobile devices distributed directly to customers. It also aims […]
Vornado Realty Trust bets on hybrid work
One of New York’s biggest private landlords, Vornado Realty Trust, is betting that hybrid work is here to stay.
Immigrants plays key role in U.S. AI development
A study from the National Foundation for American Policy has found that immigrants have played a large part in founding AI companies and studying in AI fields in the United States. The study, which was shared exclusively with Axios, found that 65% of the top 43 AI companies in the U.S. were founded or co-founded […]
Eve secures multiple sales agreement for its flying car
Eve, a subsidiary of Brazil’s Embraer, has announced the signing of letters of intent with Voar Aviation, Nordic Aviation, and Wideroe Zero for the sale of its innovative “flying car.” A Brazilian business, Voar Aviation, has contracted to buy 70 electric vertical take-off and landing vehicles (eVTOLs). While Nordic Aviation has decided to buy 30 […]
EY survey reveals slow tech adoption amongst U.S. corporate executives
According to an EY survey, 59% of 1,001 American employees say their firms’ top leaders in the C-suite and at the vice president level have been hesitant to embrace emerging technology. 89% believe these innovations are advantageous to their organization. The survey titled EY Emerging Tech at Work 2023 says that 79% of participants are […]
Retail spend over chatbots to reach $12 billion in 2023
Global retail spend over chatbots is expected to reach $12 billion in 2023 according to Juniper Research’s Chatbots research. Juniper Research expects a 470% leap in retail spend over chatbots over the next five years with an expected $72 billion valuation by 2028. Asia Pacific will account for 85% of global retail spend over chatbots […]
OpenStack gains momentum in 2022
OpenInfra Foundation has reported significant growth in open-source cloud computing platform OpenStack for 2022, despite predictions of its demise. According to OpenInfra, there were 40 million OpenStack cores in production last year, a 60% increase from 2021. These installations varied from 100 to 10,000 cores and accounted for 56% of all deployments, with over 300 […]
IKEA offering home improvement services virtually
IKEA is giving individualized interior design guidance via video chats and 3D renderings as part of its strategic objective to grab the interest and devotion of Gen Z clients. Furthermore, it is training its contact center employees to become skilled interior design advisors. It was launched in the United Kingdom and the United States in […]
Silicon Valley’s fascination with technological singularity sparks debate
The concept of technological singularity, referring to the moment when artificial intelligence (AI) surpasses human intelligence and capabilities, has become a subject of great interest and discussion in Silicon Valley. This hypothetical scenario presents a range of potential outcomes, some of which are viewed as beneficial while others are seen as potentially harmful. Advocates of […]
IEEE introduces Standard for Sanitizing Storage
The Institute of Electrical and Electronics Engineers (IEEE) has introduced the Standard for Sanitizing Storage to address data security concerns. According to the Circular Drive Initiative (CDI), 90% of storage drives are destroyed due to data breaches. So the standard offers a three-tier approach namely; erasing data, purging through overwriting, and physically destroying drives. However, […]
