TikTok parent company ByteDance announced on Monday that its video games arm, Nuverse, has acquired China-based Mooton Technology, as the company looks to further expand within the gaming industry, Reuters reported. ByteDance’s desire to bolster its position within the video gaming industry, places it directly in competition with China’s largest social media and gaming company […]
Inside Telecom Staff
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Apple Inc. has been slapped with a $308.5 million penalty to be paid to Personalized Media Communications (PMC) following a decision by a federal judge in Texas that found the company infringing a tech patent related to data rights management. The patent in question primarily dealt with a “method of decrypting programming at a receiver […]
The popular South by Southwest cultural event, a virtual gathering this year, has announced the winner of the Pitch Event, as part of the SXSW Online digital event, with innovative recipients ranging from AI to wearable startups. “Now in our 13th year of programming, Pitch continues to showcase the best technology from around the world, […]
Beijing-based Dreame Technology, a company specialized in smart home cleaning appliances, plans to launch this spring a new AI robot vacuum cleaner. The Dreame Bot L10 Pro will feature precise navigation, intelligent obstacle recognition and avoidance, as well as simultaneous localization and mapping (SLAM) for a three-dimensional environment, the company said in a statement. Company […]
Singapore-based OCBC Bank announced on Thursday that they have enabled facial biometric verification on several of their ATMs across the country, eliminating the need to carry ATM cards, which can be skimmed or stolen. According to the bank, the first transaction which can be performed using face verification on OCBC Bank ATMs is account balance […]
U.S.-based private equity firm TPG announced on Thursday that it has acquired a 7.5 percent stake in Airtel Africa’s mobile money business for a sum of $200 million, the telco said in a statement. Airtel Africa, the African arm of India’s Bharti Airtel, is also currently holding further negotiations with other companies to sell off […]
The Federal Communication Commission (FCC) is eyeing up to three new Chinese telecoms companies for potential addition to the U.S.’ Communist Chinese military companies (CCMC) designation, the regulator announced on Wednesday. The FCC launched proceedings to determine whether to end authorization, China Unicom Americas, Pacific Networks and its wholly owned subsidiary ComNet’s authority to provide […]
We are excited to announce that the European Union co-funded UNDP – CEDRO 5 project, is taking an additional step to support Lebanon’s Clean Energy Transition, by joining forces with Nucleus Ventures in their upcoming program, the Energy Innovation Hub. The programme offers startups and SMEs access to funding to elevate ideas off the ground, […]
While smoking has been a phenomenon for many centuries in human history, e-cigarettes are still in their nascent years, only being introduced in the later part of the 21st century. While its emergence was relatively low, and only used by chain smokers looking for a way out, the explosive rise of JUUL really propelled the […]
Qatari telecoms giant Ooredoo Group announced on Sunday that it has reached the 40th position in the top 50 global telecommunications brands, up one place from 41 in 2020, as confirmed by the Brand Finance Telecoms 150, 2021 report. This is the fifth consecutive year where Ooredoo Group has appeared on the list, as it […]