Business

Ant Group fiasco reflects battle for China's financial soul

China's last-minute abandonment of Ant Group's record-breaking IPO stems from an intensifying battle for the soul of the nation's financial system that the fintech giant and its charismatic leader Jack Ma helped to ignite.

Hi Tech & Innovation

Translation tools, air purifiers: face masks go high-tech

From monitoring vital signs to filtering filthy air and even translating speech into other languages, the coronavirus-fuelled boom in mask-wearing has spawned an unusual range of high-tech face coverings.

Telecom

5G networks: are there health risks?

Do 5G mobile telephones and networks pose health risks? Worries about the effect the technology has on humans and the environment have persisted as it has been deployed in various countries. What do scientists have to say ...

Business

Huawei: Smartphone chips running out under US sanctions

Chinese tech giant Huawei is running out of processor chips to make smartphones due to U.S. sanctions and will be forced to stop production of its own most advanced chips, a company executive says, in a sign of growing damage ...

Business

Ericsson, Nokia say ready to step in after UK 5G Huawei ban

Network equipment providers Ericsson and Nokia, Huawei's biggest competitors, said Tuesday they were ready to step in after the UK announced it was phasing out the Chinese telecoms giant from its budding 5G network.

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Risk

Risk is a concept that denotes the precise probability of specific eventualities. Technically, the notion of risk is independent from the notion of value and, as such, eventualities may have both beneficial and adverse consequences. However, in general usage the convention is to focus only on potential negative impact to some characteristic of value that may arise from a future event.

RISK can be defined as “the threat or probability that an action or event will adversely or beneficially affect an organisation's ability to achieve its objectives”[1]. In simple terms risk is ‘Uncertainty of Outcome’, either from pursuing a future positive opportunity, or an existing negative threat in trying to achieve a current objective.

This text uses material from Wikipedia, licensed under CC BY-SA