Deloitte 2024: business technology investments will rise this year
Deloitte 2024: Technology investment is rising worldwide, with the average corporate technology budget rising from 4.25 per cent in 2020 to 5.49 per cent in 2022, with a forecast of 5.85 per cent for 2024. This is according to Deloitte's new
Sometimes pigeons are still faster than the internet
It may sound strange or unusual; however, there are still cases today where pigeons remain faster than the internet. Today, internet speeds do not resemble the era of the dial-up modem. While internet technology has advanced, sometimes the ancient method of the
What did people do before smartphones?
Can you recall your life without smartphones? If the answer is yes, then you have experienced a completely different era, and don't worry, you are not alone, nor are you that old. On November 23, 1992, the number of mobile phone
Zalando cuts 2023 sales forecast as demand stays weak
By Helen Reid LONDON (Reuters) - Europe's biggest online fashion retailer Zalando sees continued pressure on demand for the rest of the year and now expects 2023 sales to decline, the company said on Wednesday as it reported weaker than expected
South Korea to toughen punishments for technology leaks in chips, displays
By Joyce Lee SEOUL (Reuters) - South Korea said on Monday it will toughen sentencing for stealing industrial secrets, after concerns that current regulation was not strong enough to deter attempts to funnel technologies from companies like Samsung. South Korea has been
Visa’s pricing of token technology under DOJ probe
By Pritam Biswas (Reuters) - Visa is under fresh investigation by the U.S. Department of Justice over allegations it is charging retailers more for not using the payment firm's proprietary tokenization technology, Bloomberg News reported on Wednesday, citing people familiar with
Can technology save healthcare?
From diagnostics to disease management and administrative task, clinicians and patients are reaping the benefits of technology in healthcare. From its infancy, the technology has been used in medicine and clinical research. Advanced technological systems provide early diagnosis and help to deal with chronic
Lyft falls as pricing strategy casts shadow over profit goals
By Akash Sriram Lyft: (Reuters) - Lyft's shares fell more than 7% on Wednesday as investors feared the ride-hailing platform's focus on competitive pricing to gain market share would muddy its path to profitability. The company and its more dominant rival, Uber,
What Leaders Should Know In The Age Of AI
The possibilities of new AI technologies, such as ChatGPT, seem endless, and leaders ought to adapt their strategy in the new digital era. In recent months, artificial intelligence technologies have been developing at a rapid pace. ChatGPT has millions of new users