As part of an “essential step towards 5G,” networking behemoth Ericsson has been awarded a five-year contract by Deutsche Telekom to lay the foundations for its mobile network. Ericsson will update Deutsche Telekom’s 2G, 3G, and 4G networks with a multi-standard solution. The Swedish telecommunications company will provide its multi-standard radio access network as part […]
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Goldman Sachs Group Inc lost $3.03 billion in nearly three years on its platform solutions business that houses transaction banking, credit card and financial technology businesses. This is the first time that Goldman has given a detailed look into the financials for the consumer and fintech arms that were intended to diversify the Wall Street […]
The Internet of Things (IoT) is everywhere, from microchipped pets and cattle to continuous glucose monitoring (CGM) devices. But these, at times, lifesaving innovations were only possible with the ever-exciting cloud computing technology. Cloud computing has now become the basis of providing shared computing resources, such as applications, computing, storage, networking, development, and more, through […]
It would be an understatement to say that the past 12 months have been filled with challenges. Although there were highs and lows in the telecom industry, ultimately, we were all able to succeed. We can’t help but look back on everything as 2022 approaches. Now is the time to reflect on the circumstances that […]
Any startup will likely tell you that garnering success as a new venture is challenging. Despite this, though, every business has to start somewhere. What matters for startups and businesses that are still in their infancy? User experience – or UX for short. It’s just one of many elements that contribute to the growth of […]
Oil rose more than 1 percent on Thursday supported by optimism over China’s demand outlook and hopes that upcoming inflation data from the United States will point to a slower increase in interest rates. Top oil importer China is reopening its economy after the end of strict COVID-19 curbs, boosting optimism that demand for fuel […]
Rounding Up the Gigabit Broadband Rollout As part of the Government’s commitment to “levelling up”, full fibre broadband is being rolled out to millions of homes and businesses across the UK. But are we on track to meet the 2030 full fibre target? Here, Guy Miller, CEO of wholesale fibre network operator MS3 Networks, rounds […]
Getting the design of a digital pound right is a bigger priority than a rapid launch, Britain’s Financial Services Minister Andrew Griffith said on Tuesday. China has pushed ahead with piloting a digital yuan and the European Central Bank is studying a digital euro, piling pressure on Britain to do the same and keep abreast […]
Shares of listed Chinese companies that count Ant Group as a major shareholder rose on Monday after announcements that Ant founder Jack Ma is giving up control of the fintech giant following an overhaul. Hong Kong-listed shares of Ma’s Alibaba jumped 7 percent. Shares of Longshine Technology Group Co Ltd, Jilin Zhengyuan, Shanghai Golden Bridge […]
Every success story begins with a vision, and successful visions are built on solid foundations. Among the endless possibilities for growth lies Saudi Arabia’s plan for a more promising future, achieved by creating an IoT infrastructure. The Kingdom has dedicated significant funding to the IT industry and complete support for creative and innovative thinking to […]