Posted October 04, 2018 09:33:06 The $2 trillion windfall the solar sector has generated from the Chinese market is only a fraction of the total global market for electricity, a study by the International Renewable Energy Agency (IRENA) says.But it is a significant fraction of what is needed to meet growing demand for electric vehicles.The […]
Month: December 2021
When the world’s biggest tech company announces $500 million in layoffs, it may not be a good sign for the economy
The stock market has been down about 5% for the past year, and analysts are worried that the tech industry is about to experience its worst economic downturn since the Great Depression.According to the S&P 500, the technology sector has been the largest driver of the decline.The index fell 3% for 2016 and is down […]
US tech credit union shuts down amid fraud claims
TECHNOLOGY CREDIT UNION — LTE-based technology credit union CLOSE has closed down its doors amid claims of fraud in its IT products.CLOSE, a branch of Credit Union First USA, announced on Monday that the company had shut down its operations. CLOSE is the second major credit union in the U.S. to shut down over the past […]
AMD to merge with Nvidia in 2021
The technology giant is expected to announce plans to merge its core business with Nvidia next year, according to a report.The Wall Street Journal reported Wednesday that AMD plans to buy Nvidia in a deal valued at about $1.7 billion, according a person familiar with the matter.The person spoke on condition of anonymity because the […]