Japanese tech giant NEC buys Swiss Avaloq, Europe’s largest banking software developer, for 2.05 billion Swiss francs ($2.2 billion), the company said in a statement issued on Monday. “NEC will be placing great importance on building long-term relationships with Avaloq and its customers and aims to create new solutions that combine Avaloq’s software with NEC’s […]
Inside Telecom Staff
Private Infrastructure Development Group (PIDG) company, the Emerging Africa Infrastructure Fund (EAIF/the Fund) has loaned US$40 million over 10 years in a debt package of US$100 million raised by the West Indian Ocean Cable Company (WIOCC). The new finance is part of the company’s corporate development programme. It is forecast to involve capital spending of […]
New Delhi, 5th October 2020 – NEC Technologies India today announced its rebranding to NEC Corporation India (NEC), effective from September 21, 2020. The shift reflects the company’s strong commitment to the country and India’s growing importance to the NEC Group’s global business. NEC has plans to expand the portfolio and depth of its solutions […]
Grade and high school students in the Philippines began classes at home Monday after the coronavirus pandemic forced remote-learning onto an educational system already struggling to fund schools. The shift to distance-learning has been a logistical nightmare for the poverty-stricken Southeast Asian country that has long lacked enough classrooms, teachers and educational equipment. Nearly 25 […]
The Fitbits on our wrists collect our health and fitness data; Apple promises privacy but lots of iPhone apps can still share our personal information; and who really knows what they’re agreeing to when a website asks, “Do You Accept All Cookies?” Most people just click “OK” and hope for the best, says former Democratic […]
Keysight Technologies has announced the first 256 GSa/s arbitrary waveform generator (AWG) – Keysight’s M8199A – with 65 GHz analogue bandwidth in a compact 2-slot AXIe module. The growing demand for higher data transmission rates in telecom and data centres is driving transmission speeds to levels that are impossible to reach with the physical limitations of current […]
Amazon said Thursday that nearly 20,000 of its front-line U.S. workers have tested positive or been presumed positive for the virus that causes COVID-19. But the online retail behemoth, revealing the data for the first time, said that the infection rate of its employees was well below that seen in the general U.S. population. The […]
Google will try to make a bigger splash in the smartphone market with a cheaper high-end model while it also aims to expand its presence on bigger screens with a new TV service. The products unveiled Wednesday focus on two areas where Google has struggled to make significant inroads. Google also used a half-hour showcase […]
Finland’s Nokia has officially won a contract to supply 5G networks across the entirety of the UK, the company stated on Tuesday. The deal follows British PM Boris Johnson’s decision to ban Huawei’s 5G equipment to expand networks by mobile providers across the UK; making the deal the first and largest one to be awarded […]
President Rodrigo Duterte questioned why he should allow Facebook to continue operating in the Philippines after the social media giant removed accounts he said supported his government’s interests, including fighting insurgents. Facebook said last week it had removed a Philippine network of fake accounts whose operators tried to conceal their identities and used “coordinated inauthentic […]