Technology News on Globe Banner

Latest News


Technology

Innovative tech is disrupting the hospitality industry - for the better

Technology is revolutionizing the hospitality industry, offering innovative solutions to increase efficiency, reduce costs, and stay ahead of the competition. According to a recent report from Faster Capital, utilizing new technologies is crucial for restaurants to adapt to changing environments and maintain a competitive edge.


Technology

Israel freezes Hamas-linked Barclays account

Israeli law enforcement has partnered with British police to freeze a Barclays bank account that was linked to fundraising efforts for the terrorist group Hamas. The Israeli police took action on October 11 after Hamas shared account details in an effort to solicit more donations, according to Reuters.


Technology

With exponential growth predicted, the global wireless test equipment market is expected to expand with CAGR of 8.8%

Research And Markets, a market and industry research corporation, released a new report concerning the global wireless test equipment market and it's strong growth that is predicted to come in the next few years. According to PRNewswire, the global market for Wireless Test Equipment, valued at US$5.8 billion in 2022, is expected to reach an estimated size of US$10.2 billion by 2030, driven by a notable compound annual growth rate (CAGR) of 7.3% during the analysis period of 2022-2030. The report also projects that the Wireless Infrastructure Test Equipment segment will lead...


Technology

The General Purpose Electronic Test and Measurement Instruments market to grow at an outstanding 9.6% CAGR during 2022-2030 period

Research And Markets, a market and industry research corporation, released a report announcing the remarkable growth in the general purpose electronic test and measurement instruments market from the period 2022-2030. According to PRNewswire, the global market for General Purpose Electronic Test and Measurement Instruments is valued at US$7.5 billion in 2022 and is projected to reach US$15.6 billion by 2030, boasting a notable compound annual growth rate (CAGR) of 9.6% during the analysis period of 2022-2030.


Technology

Citi's Asia Pacific Digital Leaders' Summit 2023 discuss tech

Citi Commercial Bank (CCB) recently organized the Digital Leaders' Summit 2023, focusing on various subjects related to technology and digital transformation. The summit, which took place from October 10-12, brought together over 200 senior delegates, including leaders from digital disruptors, tech companies, venture capitalists, industry professionals, founders, and Citi experts, according to a press release by Citi.


Technology

Research And Markets projects global magnetic tape market to have CAGR of 7.2% by 2028

Research And Markets, a market and industry research organization, released a report laying out the impressive projected increase in the magnetic tape market, a key product in data storage.


Technology

NetChoice VP on Biden's free speech attack: 'Our leadership should stand with the people and protect the First Amendment'

In a recent Fox News op-ed, NetChoice Vice President and General Counsel Carl Szabo argues that President Joe Biden is seemingly undeterred by federal court rulings that have found his attempts to coerce social media platforms to be a violation of the First Amendment. The article, along with a recent tweet from Szabo, highlights the increasing use of government power to influence online free expression.


Technology

Microsoft's latest testimony in Big Tech lawsuit fails to address consumer harm

Amidst what is being called the biggest tech antitrust trial since the 90s, Microsoft testified in federal court on October 2. According to live courtroom updates, there has not been any mention of Google's search engine dominance causing consumer harm.


Technology

TechNavio predicts the indium tin oxide market to grow by USD 213.87 million

TechNavio, a market research report corporation, predicts that the indium tin oxide market will begin increasing by a CAGR of 5.24%, reaching USD 213.87 million over a forecast period of 2023-2027. Factors of this increase include a growing dependency on renewable energy.


Technology

IFR Reports Industrial Robot Installation in Japan Reaches 50,413 Units in 2022

According to the Industrial Federation of Robotics (IFR), the installation of industrial robots in Japan experienced a significant increase in 2022, reaching a total of 50,413 units. This represents a growth rate of 9% and surpasses the pre-pandemic level recorded in 2019, which stood at 49,908 units. Japan currently holds the second-largest market for industrial robots globally, trailing only behind China. Additionally, Japan is the leading country in terms of industrial robot manufacturing, commanding a global market share of 46%.


Technology

Villani: “Our partnership with Gopuff goes from strength to strength as we translate the success we have seen in the US for the UK”

Gopuff has made its Ads platform available in the UK. Through this launch, the instant Commerce platform, based in Philadelphia, aims to target “high-intent customers” while they’re shopping.


Technology

President and CEO of IonQ: 'We are pleased to announce today's collaboration with BearingPoint as they advise clients on the benefits and potential applications of quantum computing'

IonQ, based in Maryland, has signed an agreement with BearingPoint to begin offering its quantum system access and professional services to customers across Europe.



Technology

Sanborn Map Company CEO: 'Sanborn is thrilled to become a member of the Overture Foundation'

The Sanborn Map Company, Inc., based in Colorado, has unveiled a new membership in the Overture Maps Foundation as a contributor member, a press release reported.


Technology

Menta of PPG: 'With this new facility, PPG will elevate its color development to a new level'

PPG has established a new center of intelligence at its Quattordio, Italy-based office in an effort to leverage its automotive color development capabilities.


Technology

Paycom CEO Chad Richison: “With our recent launch into Canada, we have opened a large, cross-border opportunity”

Paycom Software, Inc. has confirmed plans to expand its payroll solution into Canada. Paycom Software specializes in global comprehensive, cloud-based human capital management softwares designed to help businesses of all sizes in the U.S. and internationally, according to an August 1 release.


Technology

See: “From consulting to enablement to providing technical expertise, we are ideally suited to helping VergeIO extend their global presence”

Ultraconverged Infrastructure (UCI) company, VergeIO, based in Michigan, has entered a partnership with IT distribution Transformists Network,company to make UCI benefits available to organizations across the APAC region.


Technology

GlobalLogic CEO: 'Our deep roots in communications technology are a perfect complement to Sidero's expertise and competencies'

Hitachi Group Company GlobalLogic, based in Silicon Valley, California, recently entered a definitive agreement to acquire Ireland-based engineering services and cloud-native software development company, Sidero Ltd, according to a press release. Expected to close later this year, the terms of the deal were not disclosed.


Technology

Rand Technology COO: 'The Netherlands operation is a logical next step in our worldwide expansion'

Rand Technology has established a new operations center in the Netherlands, according to a press release. The addition marks the seventh facility opening made on behalf of the ISO-certified independent semiconductor distribution company.


Technology

Adobe CTO: 'Today’s announcement is about making Firefly accessible to more people in their preferred languages'

Adobe recently carried out a global expansion for its slate of creative generative AI models, Firefly, according to a press release. The service will also be localized in 20 languages, offering versions in French, German, Japanese, Spanish and Brazilian Portuguese, among others.