technology Archives - Page 8 of 9

30Sep

By Webmaster IKON MalaysiaNo Comments

Innovation/ Technology

Huawei to participate in new 5G network

According to Reuters, Malaysian Prime Minister Anwar Ibrahim stated that the country's implementation of a dual 5G network architecture beginning in 2024 would allow for greater participation of Chinese vendor Huawei. The Malaysian government said in May that it will permit the establishment of a second 5G network in the nation in an effort to end the current monopoly enjoyed by a single state-run network. The United States and the European Union had earlier cautioned Malaysia that allowing Huawei to participate in local 5G networks could compromise its security. Anwar admitted that some nations had concerns about Chinese technology, but he insisted that the decision to permit a second 5G network was made so that Malaysia could take advantage of various technologies. “We i...

Amazon accused of having an illegal monopoly by the US

30Sep

By Webmaster IKON MalaysiaNo Comments

Business, Finance, Innovation/ Technology

Amazon accused of having an illegal monopoly by the US

Amazon is being sued by US regulators, who claim that the internet behemoth is illegally holding onto a monopoly position. According to the Federal Trade Commission (FTC), Amazon uses "a set of interlocking anticompetitive and unfair strategies" to raise prices and discourage competition. The action was "wrong on the facts and the law," according to Amazon, and they were eager to present that argument in court. It is the latest technological behemoth to be sued by US regulators. Amazon has long been a target for Lina Khan, the head of the FTC. Ms Khan, then 29, released a key research paper in 2017 suggesting that the online store had dodged anti-competition scrutiny. "With its missionary zeal for consumers, Amazon has marched toward monopoly," she said at the time. ...

Meta’s smart glasses: The future is here…?

30Sep

By Webmaster IKON MalaysiaNo Comments

Life Style, Lifestyle

Meta’s smart glasses: The future is here…?

Credit: Meta Meta's smart glasses aren't named "Stories" any longer. These days, they are simply known as smart glasses. The Ray-Ban Meta Smart Glasses are the technical name for the new model Meta just announced, and the firm will gladly correct you if you call them anything else, but they are just smart glasses. No ifs, ands, or strange names attached to it. The new glasses, which Meta just unveiled at its Connect launch event, are available for preorder now and will go on sale starting on October 17 for $299. They serve two main functions. The first is to swap out your headphones for the smart glasses, which have a similar personal audio system to the Bose Tempo series and Amazon's Echo Frames, which all play music but work to ensure that only you can hear it. With the new genera...

Malaysia aims to gain knowledge from China’s development

29Sep

By Webmaster IKON MalaysiaNo Comments

Business, Leadership, Politics

Malaysia aims to gain knowledge from China’s development

Malaysia, which is benefiting from new chances for growth as a result of its participation in the Belt and Road Initiative, looks forward to learning more from China's achievements during the last decades, according to Johari bin Abdul, speaker of Malaysia's Dewan Rakyat, the lower house of parliament. For Malaysia, a country rich in rivers, the BRI acts as "another river" to enhance transportation and the local economy, according to Johari. He used the East Coast Rail Link, or ECRL, being built by China Communications Construction Company to make his point. The more than 600-kilometer railway, which runs along Peninsular Malaysia's east coast, is a flagship project of BRI collaboration. The railway is anticipated to connect Port Klang on the west coast with the states of ...

Malaysia secures RM37.4 bil investment commitments in digital sector

26Sep

By Webmaster IKON MalaysiaNo Comments

Business, Innovation/ Technology, News

Malaysia secures RM37.4 bil investment commitments in digital sector

Malaysia has secured over RM37.4 billion in investment commitments in the digital technology sector as of August 2023, promising the creation of at least 15,895 high-value jobs, said Communications and Digital Minister Fahmi Fadzil. He said that this remarkable achievement reflects foreign investors' confidence in Malaysia Digital (MD), the national strategic initiative driving the digital economy. “Just recently, Prime Minister Datuk Seri Anwar Ibrahim witnessed the signing of three memoranda of understanding worth a total of RM19.84 billion between Malaysian and Chinese companies, further solidifying Malaysia's position as an attractive destination for investments,” he said when officiating the Malaysia Digital Expo (MDX) 2023 here on Monday. Led by the Malaysia Digital Eco...

Malaysian needs to spend 13.33% of their yearly salary to purchase the iPhone 15

20Sep

By Webmaster IKON MalaysiaNo Comments

Business, Innovation/ Technology, Life Style, Lifestyle, Uncategorized

Malaysian needs to spend 13.33% of their yearly salary to purchase the iPhone 15

Malaysia has been ranked as the 33rd least affordable country in the world to purchase an iPhone 15. According to comparedial.com, a Malaysian citizen needs to spend 13.33 percent of their yearly salary to purchase the base model iPhone 15 128GB. This translate to an estimated 277.16 hours of work, or an equavalent of 34.65 days of work. When it comes to pricing, Malaysia stands at the 9th least expensive country in the world for an iPhone 15, with the base model totalling to $939.96 USD after taxes, or approximately RM4412.64. The most expensive model, however, the iPhone 15 Pro Max 1TB, cost $1,881.10 (RM8830.82) - 26.67 percent of a yearly salary.

Malaysia holds great opportunity for solar energy

20Sep

By Webmaster IKON MalaysiaNo Comments

Business, Environment, Innovation/ Technology

Malaysia holds great opportunity for solar energy

Malaysia and other Southeast Asian nations have a lot of opportunities as a result of the shift toward renewable energy, particularly biofuels. Gavin Towler, chief sustainability officer at Honeywell, stated that roughly 20 years ago, there was a compelling argument for using "more expensive energy" in developing nations. The prevailing concept was to exploit accessible, low-cost energy to increase the standard of living. Towler pointed out, however, that some of the renewable resources already in use are less expensive than non-renewable resources like fossil fuels, a type of energy that has been extensively used. "What has happened is that when the scale of renewable power has grown, renewable energy resources like wind and solar have become cheaper than fossil fuels. So...

Ringgit opens higher on improving risk appetite

5Dec

By webeditorNo Comments

Business, Finance, Innovation/ Technology, News

Ringgit opens higher on improving risk appetite

The ringgit opened higher against the US dollar today, as the greenback resumed its retracement amid dovish Federal Reserve (Fed) officials in the United States (US) and rising risk appetite, according to an analyst. The local currency gained to 4.3750/3830 versus the US dollar at 9.06 a.m., up from 4.3835/3925 last Friday. According to Stephen Innes, managing director of SPI Asset Management, the ringgit opened firmer this morning despite a more robust US jobs report, implying that traders are ignoring one good data point and deferring to the weaker run of US economic data as a signal that the Fed will be forced to cut rates in 2023. "Crude oil prices are also doing well post-Organisation of the Petroleum Exporting Countries (OPEC) meeting, which helps the ringgit in terms of trade p...