Huawei Technologies will spend 4 billion yuan ($632.52 million) to build a new headquarters and R&D centre for its digital power unit, according to local media reports, as the Chinese telecoms giant diversifies amid U.S. pressure. Huawei Digital Power signed an agreement on Thursday with the local government of the southern metropolis of Shenzhen, where […]
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Famous music streaming platform, Spotify, is seeking the expansion of its podcast branch with the acquisition of two podcast tech platforms, Chartable and Podsights, in an announcement made on Wednesday. While the final acquisition price has yet to be released, the acquisition step marks as a first towards the first significant buy-out the Swedish company […]
A team of quantum computing engineers from JPMorgan Chase & Co, Toshiba Corp and Ciena Corp say they have successfully shown that a powerful, newly-developed encryption network can be used to protect communications on the blockchain, according to a paper published Thursday. The group of researchers say it is the first time that a quantum […]
Amazon.com Inc has reached agreement with Visa Inc to accept its credit cards across its network, ending a standoff between the two that threatened to disrupt e-commerce payments and deal a blow to the U.S.-based payments processor. Details of the deal were not disclosed but Visa and other payments cards have faced increased pressure about […]
Russia warned on Wednesday it would begin imposing advertising bans on large foreign technology companies that do not have official representation in the country by March, as Moscow advances efforts to exert greater control over the internet. Russian legislation has obliged foreign social media giants with more than 500,000 daily users to open offices in […]
Britain’s auto industry called on the country’s government on Wednesday to mandate targets for rolling out electric vehicle (EV) charging infrastructure and create a new regulatory body to oversee the market conditions and enforce minimum standards. The Society of Motor Manufacturers and Traders (SMMT) said in a statement that the industry has come up with […]
Several investors in Telenor are seeking assurances from the Norwegian telecoms company that customer data will be protected following the sale of its operations in Myanmar. Myanmar’s military rulers have given the go-ahead for a local company, Shwe Byain Phyu, to own most of Telenor’s business in the Southeast Asian country, under a deal to […]
In its latest move to expand its banned list of Chinese applications, India has placed tech companies in a much more difficult position for operational oversight in South Africa. India’s Ministry of Electronics and Information Technology added 54 Chinese tech companies to its list of banned companies under security pretenses, according to the Economic Times on Monday. […]
A Chinese mRNA vaccine candidate showed a sharp drop in neutralising antibody activity against Omicron in a small study, but a booster readily induced antibody production in animal tests, researchers said. The ARCoV vaccine, jointly developed by the Academy of Military Medical Sciences (AMMS), Suzhou Abogen Biosciences and Walvax Biotechnology, is being tested in an […]
E-commerce giant, Amazon, is centering its interest towards South Africa with new job listings in the country in various fields, including customer support, senior management, and more. Since 2004, the Big Tech giant has marked its robust presence in the oldest and second-largest city in South Africa, Cape Town. Then, in late 2018, it changed […]