South Korea government think tank says loose monetary policy should continue
South Korea’s top government think-tank called on the central bank to maintain loose monetary policy for the time being. It has raised its economic growth forecasts for the current year. In a bi-annual report on the economy, the state-run Korea Development Institute (KDI) said that as the economic recovery has not been strong, and since […]
Mobile users unhappy with lack of dedicated 5G apps, services
According to a study carried out by Ericsson Consumer Lab, about 70% of users are dissatisfied with the apps and services bundled with their 5G plans. This study has been conducted in 26 markets around the world. Super-fast connection is promised by the companies promoting 5G. and this super-fast connection would bring in new applications, transforming […]
UK to help vulnerable countries against Russia, China cyber threat
Britain said that it would invest 22 million pounds ($31 million) to help vulnerable countries in Africa and the Indo-Pacific. This is to build up their cyber defences to prevent China, Russia and others from filling a cyberspace vacuum. Dominic Raab, the British foreign minister said that Britain and its partners needed to take action […]
Musk says Tesla new self-driving rollout could take a couple months
Tesla Inc is tweaking its self-driving software to eliminate a phantom braking problem. It may soon release a significantly improved version within few months, stated Elon Musk. Tesla shares were down 4.4% at $589.89. The U.S. safety regulator said it has launched a probe into a fatal crash near Fontana, California, involving one of the […]