Category: Techology Advancement

SoftBank bets on freight shipping technology

by  on  in Techology Advancement

SoftBank Group Corp. is doubling down on its bet that technology startups will reshape freight shipping and logistics, a sector that has been an ambitious focal point for the firm.

Through its Vision Fund 2, the Japanese firm led a $113.5 million investment in Flock Freight, a U.S. software startup that offers a service that uses algorithms to match trucks with freight headed in the same direction. The service, intended to optimize trucks’ shipping capacity, is akin to a ride-hailing company’s pooled services that match riders in the same vehicle based on their pickup and drop-off locations.

The deal values

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New 5G research lab to be created to help UK replace banned Huawei technology

by  on  in Techology Advancement

The UK is to open a new 5G lab so that the country no longer has to rely on the technology of foreign companies like Huawei. 

Digital Secretary Oliver Dowden has unveiled Government plans Monday for a £250 million scheme to develop new secure internet technology in Britain, which includes building a new research facility.

The lab will bring together security experts, businesses and leading academics to pioneer ways to create a more open 5G network that will allow smaller British companies to also develop the vital technology.

The move comes after ministers decided to ban the Chinese telecoms giant

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Trump’s ex-lawyer rebuked by election technology firm over baseless fraud theory

by  on  in Techology Advancement

(AFP via Getty Images)
(AFP via Getty Images)

Dominion Voting Systems has issued a firm rebuttal of ex-Trump lawyer Sidney Powell’s baseless claims that the firm interfered in the election to the incumbent’s disadvantage.

The election technology company slammed Ms Powell’s “bizarre election fraud conspiracy” in a statement on Thursday.

Ms Powell, who the White House cut ties with earlier this week, falsely claimed Dominion switched millions of votes to president-elect Joe Biden.

She also baselessly claimed the company has ties to the Clinton Foundation and George Soros, the financier and philanthropist of Jewish descent.

Communists from Venezuela, Cuba and China are all part

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Bank of America says these 2 areas in technology are still undervalued and have room to run in 2021

by  on  in Techology Advancement

Traders work on the floor of the New York Stock Exchange shortly after the opening bell in New York, U.S., March 17, 2020.

Lucas Jackson/Reuters


  • After a year dominated by mega-cap tech stocks, Bank of America says the technology sector has more room to run in 2021. 
  • But next year’s trade will be about enterprise technology stocks like software, as well as areas of tech sensitive to the economic recovery like semiconductors, according to Savita Subramanian, the bank’s head of US equity and quantitative strategy. 
  • “The world is long FAANG,” said Subramanian, but software and semiconductors aren’t at as
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New technology at Wisconsin airports make travels safer and more convenient, now and into the future | WFRV Local 5

by  on  in Techology Advancement

GREEN BAY, Wis. (WFRV) For those who are traveling this week new technology is being used by the TSA. And as Kris Schuller has learned new features are now in place to make your travels safer and more convenient now and into the future.

During the holidays – airports like Austin Straubel International are anticipating passenger counts to dramatically increase.

“We are actually expecting our passenger levels to approach pre-pandemic levels over the next several weeks,” said the airport’s director, Marty Piette.

And thanks to a $96 million investment

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