Microsoft has shut down the engineering section of its Africa Development Center in Nigeria, two years after its opening in 2022. The center was established to deliver high-end engineering solutions for Microsoft. The Nairobi center in Kenya remains unaffected.
Business | Rating: 42 | 2024-05-08 09:45:11 AM |
Mastercard, Citi, and JPMorgan are testing shared-ledger technology to settle tokenized assets, including commercial-bank money and Treasury debt securities. The Regulated Settlement Network proof-of-concept simulates transactions in dollars, aiming to speed up cross-border transactions, reduce errors, and prevent fraud.
AI | Rating: 60 | 2024-05-08 09:45:11 AM |
The Semiconductor Industry Association (SIA) projects US chip production will triple by 2032, increasing the country's share from 10% to 14%. A Boston Consulting Group study commissioned by SIA found the US will boost its chip manufacturing capacity, reducing reliance on East Asia.
Technology | Rating: 70 | 2024-05-08 09:45:11 AM |
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