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The European Union has agreed to a landmark plan to boost its chip industry. The initiative, dubbed the European Chips Act, seeks to help the bloc compete with the USA and Asia on technology, and secure control over a critical bit of technology behind the world’s electronics products and devices. The EU Parliament and 27…
SpaceX plans to start testing its satellite-to-cell service of Starlink with T-Mobile this year, an executive of SpaceX reported. Jonathan Hofeller, SpaceX vice president of Starlink enterprise sales, said, “We’re going to learn a lot by doing — not necessarily by over-analyzing — and getting out there.” The market for space-based data services is widely recognized to have…
Cisco reported better-than-anticipated fiscal second-quarter earnings and revenue estimates and also lifted its prediction for the full year. Shares of the Cisco initially jumped in extended trading before paring most of its gains. The total revenue of Cisco grew 7% year over year in the quarter ended on Jan. 28. CEO Chuck Robbins said, “Some components…
