Search results for "IT"

China’s Xi Calls for Oil Trade in Yuan at Gulf Summit in Riyadh

President Xi Jinping told Gulf Arab leaders on Friday that China would work to buy oil and gas in yuan, a move that would support Beijing’s goal to establish its currency internationally and weaken the U.S. dollar’s grip on world trade. Xi was speaking in Saudi Arabia where Crown Prince Mohammed bin Salman hosted two […]

The Critical Role of AI in Telecoms

Operators must prioritize investments in the consumer and staff experience if they want to stay competitive. To minimize expenses and enhance customer and employee retention, they must simultaneously deliver efficient and productive operations. Leading telecom companies are successfully applying AI in telecoms technologies in these fields. The examples demonstrate how these solutions can be classified […]

Foxconn Unit Invests $500 Million in India Affiliate

Taiwan’s Foxconn, the world’s largest contract electronics maker, said on Thursday that its Singapore unit has acquired 4.08 million shares in Foxconn Hon Hai Technology India Mega Development Private Limited for $500 million. The announcement of a $500 million injection into its India unit comes after Reuters reported last month that Apple supplier Foxconn plans […]

Meta Battles U.S. Antitrust Agency over Future of Virtual Reality

The Biden administration on Thursday accused Meta Platforms Inc of trying to buy its way to dominance in the metaverse, kicking off a high-profile trial to try to prevent the Facebook parent from buying virtual reality app developer Within Inc. The FTC sued in July to stop the deal, saying Meta’s acquisition of Within would […]

15 Teams Selected From 11 Countries and 472 Participating Universities Gear up for Huawei ICT Competition Middle East 2022 Regional Finals

Middle East, December 09, 2022: Huawei, a leading global provider of information and communications technology (ICT) infrastructure and smart devices, announced the national finalists who will take part in the Huawei ICT Competition Middle EastRegional Finals 2022, set to take place in Muscat, Oman, on December 20 – 22. Aimed at nurturing ICT talents to […]

Saudi Arabia Signs Huawei Deal, Deepening China Ties on Xi Visit

Saudi Arabia and China showcased deepening ties with a series of strategic deals on Thursday during a visit by President Xi Jinping, including one with tech giant Huawei, whose growing foray into the Gulf region has raised U.S. security concerns. King Salman signed a “comprehensive strategic partnership agreement” with Xi, who received a lavish welcome […]

China 6G Satellite Ventures

The China 6G satellite launch is still recent. The world watched closely as the giant moved towards another push to dominate the market. Yet most critics remained on the edge of what they know and what they do not about the Chinese 6G plans. Most notably, the question remains, how will the US handle such […]

How Telcos can Capitalize on the FTX Crash   

The crypto winter that began earlier this year with Russia’s invasion of Ukraine has turned into a disaster with the recent FTX crash. While the ultimate fate of FTX and its creditors is not yet decided completely, it is not all doom and gloom. Telcos may have a significant chance to jump in and take […]

EU Steps up WTO Case Against China over Patents, Lithuania

The European Commission said on Wednesday it had requested the formation of adjudicating panels at the World Trade Organization, the next step in two trade disputes with China after failing to resolve them bilaterally. The disputes, both brought to the WTO at the beginning of the year, concern alleged Chinese restrictions on EU companies’ rights […]

Down the Rabbit Hole of Software Defined Networking

Nothing ever remains as it is; everything changes and evolves. And with the world changing and relying increasingly on technology, organizations’ needs are expanding, compelling technologies requiring substantially more computing resources, labor, and planning to operate correctly. Experts developed and applied the advantages of software defined networking (SDN) technology to breach that gap. SDN technology […]