The digital transformation of various industries has been accelerating rapidly and is no longer a new concept. It is important for companies to invest in technology and build on the momentum from 2022 to stay ahead in 2023.
Telecommunications company Lynk Global is set to launch a 5G cellular base station into orbit on 22 December, in what it claims is a first-of-its-kind test. While terrestrial cell towers generally provide a range of up to 25 miles on average, Lynk’s satellite-based technology would offer coverage from orbit, potentially filling gaps in cell service and eliminating the need for a separate satellite phone and subscription.
In the spring of 2018, Caroline Ellison, a quiet math nerd and star student at Stanford, was working at the quant-trading firm Jane Street when she was approached by Sam Bankman-Fried, a crypto entrepreneur. Bankman-Fried pitched her on joining Alameda Research, a new digital currency hedge fund he was working on that would exploit differences in pricing for Bitcoin in different countries.
Apple may be allowing downloads of apps from outside its app store in the near future, according to Bloomberg. This major change, which has not yet been confirmed by Apple, would only apply to the European market at first, as the company is preparing to comply with strict EU regulations. However, it is possible that the change could be implemented in other jurisdictions if they follow the EU’s lead.