Clyde Prestowitz who worked for President Ronald Regan, and renowned globalisation and Asian expert has advised subsequent US administrations offers useful advice for Joe Biden the new American 46th president to adopt, as resetting US relations with China will be one of his top agenda. The strategies that the United States and its allies can…
A couple of months ago, the heads from 18 small British telecoms companies met at a London bank to discuss investment, strategy, and mergers. In the meeting, they were asked if they thought the Chinese could eavesdrop through back doors in Huawei equipment all 18 hands went up. One of the bankers then asked, if…
Alarms already sounded by Bill Gates, late Stephen Hawking and Elon Musk, about artificial intelligence and how one day super-intelligent robots will one day wipe out or enslave humanity. Superhuman artificial intelligence is an approaching tidal wave that threatens not just human relationships and jobs but civilisation itself. Conflict between humans and machines is seen as…
Global technology groups Tencent, eBay and Microsoft have injected $14bn into Indian e-commerce group Flipkart to face a battle with Amazon. The fundraising comes ahead of proposed deal for Flipkart to take over its biggest domestic rival Snapdeal, a plan backed by Japan’s Softbank, Snapdeal’s biggest investor. Forrester Research, which predicted that Indian e-commerce sales…
The auction website eBay has grown from humble beginnings on September 3, 1995, in San Jose, California, eBay ( NASDAQ:EBAY) just days after Windows 95 was launched, to a mega retail giant. eBay now employs over 10,000 people world-wide. His vision, for connecting commerce open to everyone, enabled by people and powered by technology, and…