Industry data from network test, monitoring and assurance solutions provider Viavi Solutions reveals a rapid surge in the spread of 5G technology. As of January 2020, commercial 5G networks have been deployed in 378 cities across 34 countries, according to The State of 5G Deployments report.
The country with the most cities with 5G availability is South Korea with 85 cities, followed by China with 57, the United States at 50, and the UK with 31 cities. In terms of regional coverage, EMEA leads the way with 168 cities where 5G networks have been deployed, Asia is second with 156 cities, with 54 cities covered by 5G across the Americas. Deployments include both mobile and fixed wireless 5G networks.
The stock market with the most to lose from a wider coronavirus outbreak is the one in the U.S.
Global markets sold off on Monday and Tuesday on reports that authorities are struggling to contain the virus, which has now spread to more than 30 countries and increasingly threatens the global economy. Until this week, the declines in global stocks seemed to be driven by proximity to the virus’s epicenter in China, but it’s becoming increasingly clear that few markets will escape harm if the virus isn’t contained.
What’s not clear is which stock markets would suffer the sharpest declines. That obviously depends on how the crisis unfolds — where the virus spreads, how many people are affected, the impact on regional economies and trading routes, and so forth. But it also depends on the extent to which markets have already digested the potential risks, and by that criterion, the U.S. stock market appears particularly vulnerable.
Bitcoin’s daily and 12-hour charts indicate the path of least resistance is to the downside.
A break below immediate support at $9,074 (Feb. 4 low) would expose the support range of $8,700-$8,600, under which the focus would shift to $8,300 (head-and-shoulders breakdown target).
A corrective bounce to resistance levels at $9,230 and $9,400 may be seen before a potential drop below $9,000, as the hourly chart is reporting seller exhaustion.
A close above $10,028 (Monday’s high) is needed to turn the tide in favor of the bulls.
Bitcoin dropped to three-week lows early Wednesday, erasing a significant portion of this year’s price rally.
The top cryptocurrency by market cap slipped to $9,095 at 08:30 GMT to hit the lowest level since Feb. 4, according to CoinDesk’s Bitcoin’s Price Index (BPI).
With the drop to multi-week lows, bitcoin has retraced nearly 38 percent of the rise from $6,850 to $10,500 seen in the six weeks to Feb. 13.
The rally may continue to unravel as the bears have been looking stronger in the last 24 hours.
The cryptocurrency fell below $9,400 during Tuesday’s U.S. trading hours, confirming a major bearish reversal pattern on technical charts. Additionally, sellers have breached the widely tracked 50-day moving average (MA) support for the first time since Jan. 3.
At press time, bitcoin is changing hands at $9,140 on Bitstamp, while its global average price as calculated by BPI is seen at $9,175.
At the SME MineXchange Annual Conference in Phoenix this week, Modular Mining’s Braden Weisheit, Global Sales Manager, Machine Guidance systems presented an overview of the company’s ProVision Guided Spotting system, which leverages high precision GPS technology to safely and efficiently guide haul truck operators while reversing towards the shovel loading position, without guidance from the shovel. An intuitive display provides continuous feedback and it enables rookie operators to match even the best veteran performance.
Optimising the load cycle at surface mines continues to represent a prime opportunity for productivity improvements. With the recent site-wide implementation of guided spotting, which Modular says it the mining industry’s “first integrated operator-assist technology” at a large Tier 1 mine in South Africa, the challenges often associated with optimisation attempts are now swiftly being addressed in the real world.
The paper presented real data from this full-site deployment to highlight some of the true productivity improvements that mines can attain by leveraging high-precision GNSS to guide their truck operators to the correct loading spot at the shovel, including dual-side loading, optimising the shovel swing angle, minimising shovel hang time and truck re-spotting and equalising operator performance. Modular showed the technology’s potential to reduce hang time by 18 seconds and cycle time by 26 seconds. Over the course of a year this adds up to millions of tonnes of additional material mined.
Public trust in technology has fallen across around the world while support for regulation of the tech industry is rising, according to a report from communications firm Edelman. Trust in technology fell globally by 4%, with declines of 7% in the US and 6% in Australia, says the report, published Tuesday.
In its report, Edelman said the declines in trust underline the importance for technology companies to be transparent about the possible downsides of technologies. Some 54 percent of the study’s respondents said their trust would increase in technology companies if those companies communicated potential downsides.
President Trump is once again threatening to derail medical cannabis access in the majority of U.S. states that regulate its access and use.
In his recently released 2021 federal budget proposal, the president has called for ending existing federal protections that limit the federal government from interfering in the state-sanctioned regulation of medical cannabis. Doing so would place thousands of medical cannabis providers and the millions of patients who rely on them at risk for criminal prosecution.
Some context: since 2014, Congress has repeatedly approved spending legislation forbidding the Justice Department from using federal funds for the explicit purpose of preventing states from “implementing their own state laws that authorize the use, distribution, possession or cultivation of medical marijuana.”
On Tuesday at its Unpacked event, Samsung finally told us what we all expected to hear: Its new flagship phone line is called the Galaxy S20, and all three models support 5G.
This is big news for fans of speedy mobile networks. A handful of 5G-enabled devices launched in the United States last year, but Samsung is going all in. These aren’t just more expensive models of existing phones like the Galaxy S10 or Note 10; these are arguably Samsung’s most important phones, and they all work with 5G out of the box for the first time.
That brings us to the biggest question everyone has about 5G: Is it worth it? We’re still at the stage where you’d be considered an early adopter for investing in 5G, but how early is too early? We talked to multiple industry professionals in the hopes they could answer those questions and more.
U.S. stocks fought off a late-session swoon to close at fresh heights Tuesday, amid reports that the Federal Trade Commission is looking into acquisitions by some of the country’s biggest tech companies.
The S&P 500 Index faded from session highs after the FTC news, with Facebook Inc. and Microsoft Corp. among the decliners. Health-care and consumer-discretionary shares led the day’s advancers. The Dow Jones Industrial Average and Nasdaq 100 were little changed. Ten-year Treasury yields rose, while the dollar dropped for the first time in five sessions.
Investors have been more bullish lately despite the coronavirus outbreak, signaling some confidence that central banks could ease policy in the event growth slows down. In remarks to Congress Tuesday, Federal Reserve Chairman Jerome Powell, while positive about the American economic outlook, said the central bank is keeping a close eye on fallout from the epidemic, which continues to disrupt travel and trade.
A new database called the Global Tailings Portal pulls together information on 1,700 dams that store waste, or tailings, from mines around the world.
Around 100 publicly traded companies have shared information about their dams with GRID-Arendal, the Norwegian foundation that developed the database.
The portal’s creators say that much of the information, including the size, location, and risk factors associated with the included dams, hasn’t been publicly available before, even as catastrophic dam failures continue to occur.
On Jan. 25, 2019, the Brumadinho dam collapsed, releasing a slurry of water containing the waste products, or tailings, from the Córrego do Feijão iron ore mine in southeastern Brazil. The deluge that surged downstream killed 270 people, and for Vale, the company that ran the mine, it was the second such deadly accident in less than four years.
That catastrophe spurred a group of institutional investors to ask more than 700 mining companies to share information about how they store tailings at their mines. From the responses, GRID-Arendal, a Norway-based foundation, created the Global Tailings Portal, launched on the one-year anniversary of the Brumadinho collapse.
fter posting solid gains in January, a key measure of competition among bitcoin miners has stagnated in the past two weeks as the coronavirus outbreak disrupts economic activity in China.
The slowdown in the growth of so-called mining difficulty signals miners have had to pause upgrading equipment after the epidemic prompted Chinese authorities to impose a quarantine and major mining equipment makers delayed production and shipments.
Mining difficulty – which gauges the effort required to solve math problems in order to win newly created bitcoin – adjusted on Feb. 11 to a level 0.52 percent higher than 14 days earlier, data show. That’s a significant drop from the growth rates of 4.67 and 7.08 percent, recorded on Jan. 28 and 14, respectively.
Bitcoin is designed for the difficulty to adjust roughly every two weeks, depending on the amount of computing power connected to the network. When more miners join the race to earn newly created bitcoin, the difficulty rises; when miners drop out, the measure eases.