PayPal has been granted a licence by the New York State Department of Financial Services, allowing it to roll out cryptocurrency payments via PayPal accounts from early 2021. The Department granted PayPal a Bitlicense, which regulates any company or individual based in New York which uses virtual currencies. A limited number of companies have been … Read more
Ericsson has signed a deal with BT to supply equipment for the non-core parts of its 5G network across UK cities, replacing equipment provided by Huawei. In July, the UK government announced that it would ban Huawei equipment from any part of the UK’s 5G network. Operators were given until 2027 to remove any existing equipment and … Read more
Intel has entered a deal to sell its NAND flash memory business to South Korean chipmaker SK Hynix for $9bn in cash over almost five years. Under the terms of the deal, Intel would sell all of its NAND business, including its solid-state drive business, NAND component and wafer operation, and its factory in Dalian, … Read more
Researchers have found that altering 2D materials could improve the capabilities of optical and electronic devices. The research, led by Shengxi Huang, assistant professor of electrical engineering and biomedical engineering at Penn State University, found that altering the material in two different ways – atomically and physically – could enhance light emission and increase signal strength in many devices that … Read more
The AI surge makes the PC processor maker’s purchase of Xilinx look like a one-way bet, but trouble may surface not that long from now. The parabolic blowoff top is a common feature of stock markets. Sometimes things get so frothy that there is no stopping investors and traders from piling into buying a particular … Read more
Scientists at Oxford University have developed a rapid Covid-19 test, which is capable of identifying the virus in less than five minutes. The researchers behind the test suggested it could be used in mass testing at airports. The university aims to start product development in early 2021 and have an approved device available six months afterwards. … Read more
A face mask that comes with a built-in heated copper mesh that can inactivate viruses such as Covid-19 is being developed by MIT researchers. While N95 masks have already been shown to be effective at filtering out viruses and reducing the risk of infection, the heat mesh could take this level of protection one step … Read more
Clear understanding of the consequences of moving to sustainable technologies is needed if the billions planned to be spent on helping economies recovering from the current pandemic are to have lasting results. Across the globe, hopes are being pinned on development and investments in green technologies and sustainable solutions to fuel economic recovery from the … Read more
Global stimulus packages designed to get economies back on their feet after the shock delivered by the Covid-19 pandemic should in part be focused on measures to combat climate change, a group of researchers have said. More than $12tr (£9.3tr) has been pledged worldwide in such packages so far. This is around three times more … Read more
Prime Minister of Japan Yoshihide Suga has announced that the country will aim to achieve zero-carbon emissions by 2050, framing decarbonisation as an economic opportunity rather than as a burden. Suga announced the target in his first policy speech to Parliament since taking office in September. Previously, Japan was aiming to cut its carbon emissions … Read more