Tag: Technology

BUSINESS

BlackBerry Forecasts A 54% Increase In Sales By 2026

Technology firm BlackBerry has Projected a 54 percent increase in sales for the year 2026 compared to current sales. The company says this will be led by more interest in its cybersecurity business. The security software and services provider expects 2026 revenue to be between US$880 million and US$960 million. BlackBerry in December said revenue from its cybersecurity business would […]

EDUCATION

Teachers Encouraged To Embrace Artificial Intelligence

Jamaica’s Minister of Education and Youth, Hon. Fayval Williams, has called on teachers to embrace the use of Artificial Intelligence (AI) in the teaching and learning process in the classroom. She noted that although there is the notion that AI software is poised to automate a number of jobs globally, it is unlikely that the technology will replace teachers. “Artificial […]

EDUCATION

AI — The New Big Thing

More and more people are cashing in on the act of using Artificial Intelligence to do all manner of deeds. In fact, AI is dubbed as the new big thing — the ‘woke’ in technology. Shying away from its use is not kosher. Consequently, people are encouraged to embrace its use in education and across industries. So, here I am […]

Jamaica

Microsoft U.S. Global Technology Leader — “Technology Has The Power To Be The Great Equalizer”

Chief Digital Officer and Corporate Vice President, Microsoft U.S. Global Technology Leader, Jacky Wright has commended Jamaica for its progress in becoming a digital society. In its national development plan, the Jamaican Government has set as part of its goals to provide Internet access to every household and community across the country. Ms. Wright, in an address, noted that Internet […]

BUSINESS

Apple Loses Its Bite

Apple Inc., the multinational technology giant, ceded its position as the world’s most valuable company amid a broad sell-off of technology stocks. Saudi Arabian oil and gas producer Aramco has reclaimed its number one position for the first time in almost two years. Investors have been selling shares in technology firms as they move into what they see as less […]

BUSINESS

Amazon Takes Hit In First Quarter

Amazon has reported a first-quarter loss of $3.8 billion due to lower online sales and a fall in the value of its shares in electric vehicle firm Rivian. This is the company’s first quarterly loss since 2015. The multinational technology company sees its sales slip three percent in the first three months of the year, as the boom in its […]

BUSINESS

U.S. Adds Chinese Tech Companies To “Notorious Markets List”

Alibaba and Tencent are two of the latest companies to be added to the U.S. “Notorious Markets List.” These companies are said to be involved with trading counterfeit goods. The list identifies 42 online sites and 35 physical stores, including e-commerce platforms, run by a number of companies. The U.S. trade agency noted that these companies have engaged in or […]

BUSINESS

China Makes Move To 6G Technology

While many countries are struggling to get 5G mobile technology up and running, China has jumped ahead with its sixth generation (6G) mobile technology. According to scmp.com, a Chinese lab reportedly made a breakthrough in sixth-generation (6G) mobile technology. The report noted that the government-backed Purple Mountain Laboratories said that a research team had achieved a wireless transmission speed of […]

BUSINESS

Samsung Set To See 52% Jump in Profit

South Korean multinational electronics technology company Samsung reportedly said it expects to post a 52% jump in profit for the 2021 last quarter, amid the global chip shortage. The world’s biggest memory chip maker estimates that it made $11.5 billion in the period. That would be its highest fourth-quarter operating profit in four years. The company’s earnings were boosted by […]

BUSINESS

Microsoft Joins Work From Home Movement

Microsoft Corporation, the American multinational technology giant has now been listed among a new group of companies that is offering workers the option of working from home permanently. The company recently told staff that they will have the option of working from home permanently with managers’ approval. Companies such as Facebook and Twitter have already approved remote work as a […]