Home Archive by category Technology (Page 2)

Technology

Tech Technology

Huawei reports biggest ever revenue drop

After U.S. sanctions forced it to sell a chunk of its once-dominant handset business and before new growth areas had fully matured, Chinese telecommunications behemoth Huawei Technologies (HWT.UL) reported its biggest ever revenue drop in the first half of 2021. On Friday, the business reported revenue of 320.4 billion yuan ($49.56 billion). The biggest decline […]
Tech Technology

Innovation makes air conditioners greener

Air conditioners are a necessity for many to get through the scorching heat in the summer. However, apart from cooling down the air around us, they are also affecting the temperature of the planet Earth. According to the UN Environment Program, half of the energy consumption of the buildings in the world comes from cooling […]
Tech Technology

Zhang Yiming, TikTok CEO resigns

Zhang Yiming, the CEO of TikTok, has stepped down with a net worth of $44 billion to read books and daydream. In an official letter to his staff, Yiming said he lacked certain qualities that would make him an ideal boss, according to CelebrityNetWorth. He said; “The truth is, I lack some of the skills […]
Tech Technology

$2bn Data Hub Unveiled by Google in Poland

Google opened a new cloud data center in Warsaw on Wednesday, the first in Central and Eastern Europe, with a nearly $2.0 billion investment (1.7 billion euros). Prime Minister Mateusz Morawiecki praised the new hub, claiming that it would ensure “better service from private and public entities” as well as increased protection because the data […]