• Home
  • /
  • Tag Archives:  technology

Epic Games to Layoff 16%

Epic Games Inc, formerly referred to as Potomac Computer Systems, is a software and video game development company founded in 1991, with its headquarters in North Carolina, USA. The company develops software frameworks like game engine, that are primarily designed for the production of video games including the popular ‘Fortnite’, that was released in 2017…

EU to Ban Live Facial Recognition Tech

British lawmakers have had enough of the dystopian sci-fi reality we’re living in. In an effort to protect its citizens, over 60 lawmakers are calling for a pause in the use of facial recognition technology on the country’s streets. The ban would apply to public and private organizations in the region, including law enforcement agencies….

China: Overwater Bullet Train Line

Imagine speeding across the ocean at 350 kilometers per hour, suspended above the water on a high-speed train! That’s what passengers will soon be able to do in China’s first overwater bullet train tracks. The project is being built to connect the coastal cities of Fuzhou, Zhangzhou and Xiamen, boasting of 84 bridges and 29…

Indonesia Launches First Bullet Train

Indonesia has launched its first high-speed train, connecting Jakarta and Bandung, a city about 150 kilometers away. The train, known as the Jakarta-Bandung High-Speed train, travels at a top speed of 350 kilometers per hour, making the journey between the two cities less than one hour long. This is a significant improvement over the previous…

India: First 3D Printed Post Office

The Indian Government has opened the country’s first 3D-printed post office built in the city of Bengaluru. The post office, which is made entirely out of 3D-printed concrete, is a first-of-its-kind project that uses cutting-edge technology to provide a modern and efficient service to the public. The post office is designed to be a one-stop-shop…

Lucid: New EV Plant in Saudi Arabia

Lucid Group or Lucid Motors, also known as Lucid, is an electric vehicle automotive company that specializes in manufacturing luxury sports cars and performance vehicles. Lucid vehicles are primarily built in Arizona with the company’s headquarters located in California, USA. The EV company was founded in 2007. According to recent reports, Lucid has opened its…

Stanbic IBTC Unveils Zest Fintech Subsidiary

Stanbic IBTC Holdings, also known as Stanbic IBTC, is a financial services company headquartered in Lagos, Nigeria. The company specializes in services like Banking, Pension Management, Life Insurance Management, Asset Management, Stock Brokerage, and Investment Advisory etc. Founded in 1989, Stanbic IBTC is a member of Standard Bank Group Limited, a financial services group with…

Indonesia Bans Social Media E-commerce

The Republic of Indonesia, commonly referred to as Indonesia, is a country located in the Southeast Asia region, between the Pacific and Indian oceans. Indonesia is the largest archipelagic state in the world, with over 17,000 islands and more than 270 million residents. According to recent reports, the island country has announced the ban of…

Mixin: $200 Million Hack

Mixin Network, also referred to as Mixin, is a decentralized network provider that specializes in managing and transferring digital assets like bitcoin, etc. Founded in 2017, Mixin Limited is the parent company that provides messaging and cryptocurrency transfer services to users globally. According to a recent post by the company, the cloud service provider that…

Spotify: New Podcast Translation Feature

In a pilot experiment, Spotify has announced a voice translation feature for podcasts hosted on the proprietary audio streaming platform. This new feature will translate podcasts into various languages using the publishers voice, leveraging OpenAI’s voice generation artificial intelligence (AI) technology. According to the initial report, podcast episodes recorded in English can now be available…