Computer & Technology

Global prospects dim for China’s tech champions as great powers clash

SHANGHAI/BEIJING (Reuters) – Huawei Technologies’ founder Ren Zhengfei’s global ambitions are marked in bricks and mortar at a new company campus in southern China, where the buildings are replicas from European cities.

Zhang Yiming, founder of ByteDance, the operator of short video app TikTok, has plastered his Beijing headquarters with posters including a cover of former Google CEO Eric Schmidt’s book “How Google Works”, and has long said he will build a global firm that can compete with U.S. tech giants.  

But the two companies which best exemplify China’s ambitions to challenge U.S. tech dominance are now stymied by strains in relations between China and countries including the United States, India, Australia and Britain.

Chinese companies with world-beating technology — including drone-maker DJI, artificial intelligence firms Megvii, SenseTime and iFlytek <002230.SZ>, surveillance camera vendor Hikvision <002415.SZ> and e-commerce conglomerate Alibaba Group <BABA.N> — are also among those losing access to

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Steven Frumkin, Dean of FIT’s Jay and Patty Baker School of Business and Technology, Dies

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Steven Frumkin, dean of the Jay and Patty Baker School of Business and Technology at the Fashion Institute of Technology, died Thursday in Miami. The cause was COVID-19. 

“With Dean Frumkin’s passing, we have lost a most valuable member of our community,” said FIT’s president, Dr. Joyce F. Brown. “Through his leadership, he not only earned the trust, affection, and respect of faculty, staff, and students, but also shaped the future of his school.”

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Frumkin led the Baker School, FIT’s largest, for eight years since 2002. His appointment marked a return to FIT for Frumkin, who was an adjunct assistant professor in the colleges Textile Development and Marketing program from 1994 to 2000.

As dean, he was the force behind the accreditation of the majority of the school’s programs by the Accreditation Council for Business Schools and Programs,

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If we keep looking to please Donald Trump, the UK will miss out on state of the art technology

Trump and Johnson onstage during the annual Nato heads of government summit in Watford in December: Getty
Trump and Johnson onstage during the annual Nato heads of government summit in Watford in December: Getty

Last week saw two, apparently unrelated, clashes in the battle for dominance in the world of Big Tech, involving companies and governments which dominate the digital economy. Apple won one round of a complex legal battle with the European Commission to protect its use of low-tax jurisdictions. And Huawei lost out on UK business after the British government did a U-turn from its decision to allow limited Huawei participation in the UK 5G network. A perfect storm of Conservative backbench insurrection and US sanctions made the previous UK position untenable.

These clashes are skirmishes in a much bigger war for dominance of the emerging digital world economy and the new, overlapping, technologies within it: artificial intelligence; 5G; big data; advanced semiconductors; and quantum computing.

One aspect of this multi-faceted conflict is between the

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A quarter of a billion people could find themselves jobless this year

Microsoft president Brad Smith. Photo: Getty
Microsoft president Brad Smith. Photo: Getty

Microsoft (MFST) president Brad Smith says global unemployment may reach a quarter of a billion people in 2020.

His stark warning comes as the US Congressional Budget Office estimates a 12.3 point increase in the unemployment rate putting 21 million employees newly out of work.

“It is a staggering number. The pandemic respects no border. Many other countries and continents face similar challenges,” Smith told the BBC.

Millions will need to learn new digital skills to get jobs or retain their existing employment, according to the tech giant boss.

Microsoft recently announced plans to deliver skills and training to 25 million people across the globe with the help of its subsidiary company LinkedIn.

It will spend $20m (£19.6m) on the programme. The software company estimates the global workforce can absorb around 149 million new technology-oriented jobs.

READ MORE: Coronavirus: Up to 1,200

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Coronavirus surge, renewed lockdowns fan fresh worries about global fuel demand

By Ahmad Ghaddar, Stephanie Kelly and Laura Sanicola

LONDON/NEW YORK (Reuters) – Surges in coronavirus infections are slowing a recovery in fuel use from the doldrums of lockdowns in the United States and other countries, raising concern it could be years before consumption rebounds from the impact of the pandemic.

Global fuel demand fell by around a quarter at the peak of the lockdowns, when over 4 billion people worldwide were asked to stay at home. The unprecedented decline in demand forced producers to make record output cuts and pump hundreds of millions of barrels of oil into storage.

Fuel consumption and oil prices had recovered some ground as governments relaxed restrictions on population movements and the output cuts stemmed the glut.

That recovery is stalling, however, as infections swing upward in top fuel consumer the United States, as well as in other major economies such as Brazil and India.

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Gloucester County Recognized For Location Technology

GLOUCESTER COUNTY, NJ — Esri, the global leader in location intelligence, presented Gloucester County Office of Emergency Management (OEM) with Esri’s Special Achievement in GIS (SAG) Award on Monday, county officials announced.

Selected from over 300,000 eligible candidates, Gloucester County OEM received the award for its innovative application of mapping and analytics technology, as well as thought leadership in the field of emergency management.

“The Gloucester County Office of Emergency Management has demonstrated impressive work with Geographic Information Systems,” Gloucester County Freeholder Director Robert M. Damminger said. “This work is innovating the way we respond to emergencies. They’ve implemented several map centric solutions including our damage assessment platform.”

Joe Ward leads GIS intelligence for Gloucester County OEM in conjunction with the planning department and Gloucester County Emergency Management Division. Ward has upgraded Gloucester County’s GIS capabilities and our drone project which can assess emergencies and their impact in real-time.

This

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