The telecommunications industry is not immune from the political tensions and the war of attrition that has been reigning between China and the USA and other European countries for some time now. The emergence of Chinese vendor and original equipment manufacturer Huawei as a serious competitor to other vendors and manufacturers has been a notable […]
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China is one of the largest countries around the world. Together with India, it accounts for about one third of the world’s population and two thirds of Asia’s population. The country has been enjoying steady economic growth with a gross domestic product (GDP) increase of about 10 percent each year according the World Bank. However, […]
India’s telecom giants are likely to make muted bids at the 5G spectrum auction in July, on worries they stand to lose about 40 percent in potential revenues due to the allotment of some airwaves to enterprises for private networks, industry sources said. Top player Reliance Industries’ Jio and rivals Bharti Airtel and Vodafone Idea […]
Construction is due to begin on Wednesday on what could become the world’s biggest plant to capture carbon dioxide from the air and deposit it underground, the company behind the nascent green technology said. Swiss start-up Climeworks AG said its second large-scale direct air capture (DAC) plant will be built in Iceland in 18-24 months, […]
The nosedive in cryptocurrency markets has wiped out millions of dollars in funds stolen by North Korean hackers, four digital investigators say, threatening a key source of funding for the sanctions-stricken country and its weapons programmes. North Korea has poured resources into stealing cryptocurrencies in recent years, making it a potent hacking threat and leading […]
Over the past few years, India immensely benefited from Western technologies in various aspects. For a country with a relatively fractured economy, technology swooped in to simplify and accelerate mass production for an extensively increased population, allowing them to improve their production of raw materials, typically traded in global economies. Adopting western technology in India […]
An Italian company’s hacking tools were used to spy on Apple Inc and Android smartphones in Italy and Kazakhstan, Alphabet Inc’s Google said in a report on Thursday. Milan-based RCS Lab, whose website claims European law enforcement agencies as clients, developed tools to spy on private messages and contacts of the targeted devices, the report […]
A Swedish appeals court on Wednesday upheld a ruling by a lower court that banned Huawei from selling 5G equipment in the country, in the latest setback to the Chinese telecoms company’s hopes of staging a comeback. In 2020, Swedish telecom regulator PTS unexpectedly banned Huawei from supplying 5G equipment to Swedish mobile firms citing […]
Major crypto firm Tether said on Wednesday it will launch next month a “stablecoin” pegged to the British pound, a move that comes as London draws up plans to regulate the fast-growing type of digital currency. Stablecoins are cryptocurrencies designed to keep a steady value against traditional currencies or commodities such as gold. They seek […]
The $2.4 trillion set to be invested in energy this year includes record spending on renewables but falls short of plugging a supply gap and tackling climate change, the International Energy Agency (IEA) said on Wednesday. Rising 8 percent from the previous year when the pandemic was more severe, the investment includes big increases in […]