People will find it 'difficult' to accept a splintered internet, EY elect CEO says

Canada News News

People will find it 'difficult' to accept a splintered internet, EY elect CEO says
Canada Latest News,Canada Headlines
  • 📰 CNBC
  • ⏱ Reading Time:
  • 35 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 17%
  • Publisher: 72%

Escalating trade tensions between the U.S. and China appear to be increasingly focused on technology and 5G.

Late last year, former Google CEO Eric Schmidt predicted that there would be two distinct internets within the next decade: one led by the U.S. and the other by China.

The concept has been dubbed the "splinternet," and it refers to a future in which the internet is fragmented, governed by separate regulations and run by different services. "I think it will be difficult for the people to accept a confined internet — or confined anything — versus a global free internet," Carmine Di Sibio, CEO elect of EY, told CNBC on Thursday.

A pedestrian walks past a Huawei product stand at an EE telecommunications shop in central London on April 29, 2019.It is "too early to tell" whether the global internet could splinter into geopolitical camps, according to the incoming chief executive officer of management consultancy

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

CNBC /  🏆 12. in US

Canada Latest News, Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

‘Fragile’ stock markets are not ready to fall apart yet, says Morgan Stanley CEO‘Fragile’ stock markets are not ready to fall apart yet, says Morgan Stanley CEOMorgan Stanley’s CEO sees no ‘collapse’ in stock markets, but says the mindset among investors is a little too negative now. Here’s what he thinks retail...
Read more »

When bills pile up, young people turn to strangers on VenmoWhen bills pile up, young people turn to strangers on VenmoPayment apps like Venmo and Cash App aren't just a way to reimburse a friend for a drink — they're a tool many turn to at times of need.
Read more »

Two people killed as Sudan military storms sit-inTwo people killed as Sudan military storms sit-inAt least two protesters were killed and several others injured on Monday when the Sudan military opened fire to break up a sit-in, according to a local doctors' union.
Read more »

Sudanese forces storm protest camp, nine people dead: medicsSudanese forces storm protest camp, nine people dead: medicsSecurity forces stormed a protest camp in the Sudanese capital Khartoum on Monda...
Read more »

Why do people love “Love Island”?Why do people love “Love Island”?The show takes the voyeurism of “Big Brother”, removes any ugly people and pours booze over what remains. Last year we looked at what makes LoveIsland so popular
Read more »

Jay-Z Becomes The First Billionaire RapperJay-Z Becomes The First Billionaire RapperPeople Are Congratulatiing Jay-Z For Becoming The First Billionaire Rapper
Read more »

Report: A Quarter Of Americans Have No Retirement Savings [Infographic]Report: A Quarter Of Americans Have No Retirement Savings [Infographic]Even though readiness for retirement increases with age, a considerable share of Americans, young and old, are struggling to financially prepare themselves for life after work.
Read more »

7 Key Mistakes People Make When Retiring Abroad7 Key Mistakes People Make When Retiring AbroadRetirement outside the U.S. is more appealing and less adventurous than it used to be. But there are key mistakes you need to avoid.
Read more »

New details emerge in the Virginia Beach mass shooting that left 12 people deadNew details emerge in the Virginia Beach mass shooting that left 12 people deadVirginia Beach is in mourning today after a gunman killed 12 people at a municipal center on Friday. scottmclean with the latest on the attack:
Read more »



Render Time: 2025-03-11 06:39:12