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IT Market

SoftBank Corp buys $514 mln majority stake in car software firm Cubic Telecom

SoftBank Corp (9434.T) will invest roughly 473 million euros ($514 million) to take a 51% equity stake in Cubic Telecom that will give the Dublin-based connected-vehicle...

Intel, Siemens to collaborate on improving manufacturing, energy efficiency

Intel (INTC.O) and Siemens (SIEGn.DE) on Monday announced a three-year deal to collaborate on improving factory efficiency and automation with a special focus on improving energy efficiency and...

Microsoft’s $3.2 bln UK investment to drive AI growth

 Microsoft's (MSFT.O) plan to pump 2.5 billion pounds ($3.2 billion) into Britain over the next three years, its single largest investment in the country to date,...

Microsoft emerges as big winner from OpenAI turmoil

 Microsoft (MSFT.O) emerged on Monday as the big winner of the upheaval at OpenAI, hiring ousted CEO Sam Altman and other key staff of the startup to...

Bahamas | $38 Million mobile wallet payments drop tied to government and pandemic payments

Mobile wallet payments from January to August of this year declined nearly $38 million compared to the same period last year, as the Central...

Jamaica | Policy Supporting Gov’t’s Private Cloud Platform to Be Established

A Cloud Policy that supports the Government of Jamaica’s Private Cloud Platform (GovCloud) is to be established. Minister without portfolio in the Office of the...

University of The Bahamas Partners with Securities Commission of The Bahamas to Launch FinTech Programme Powered by Cambridge Centre for Alternative Finance

The University of The Bahamas is pleased to announce the launch of The FinTech Regulatory Innovation Programme (UBFTRI powered by Cambridge Centre for Alternative...

Barbados | Youth Learning Digital Content Skills In UNDP Innovation Challenge

Fifteen young people are taking part in the “3 Days, 3 Minutes, 360 Degrees” Media Innovation Challenge this week, hosted by the United Nations Development Programme...

TESLA named among social media’s favorite stocks to invest in, new study finds

Disney is the most talked about stock on social media, new research has revealed.  The entertainment giant has the highest number of videos published and...

Nokia Bell Labs and Aramco announce R&D collaboration to support priority industries

Nokia’s research arm, Nokia Bell Labs and Aramco, the world’s largest energy company, have signed a non-binding R&D collaboration agreement to support Industry 4.0/4IR...

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