BERLIN (AP) — Germany’s finance minister says he wants to revamp the oversight system for the country’s financial industry in the wake of the accounting scandal at payment systems provider Wirecard. The Munich-based Wirecard filed for bankruptcy recently after auditors couldn’t find accounts in the Philippines that were supposed to contain 1.9 billion euros ($2.1 […]
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The OSS/BSS Market is set to grow from its current market value of more than $35 billion to over $90 billion by 2026; as reported in the latest study by Global Market Insights, Inc. The OSS/BSS market is expected to pick up significant momentum in terms of growth over the coming years owing to a […]
LONDON, 1 JULY, 2020 – Riverbed® today launched its expanded ‘Rethink Possible: Visibility and Network Performance – The Pillars of Business Success’’ Study, focused on the public sector. The study revealed that 89% of IT decision makers (ITDMs) and 82% of business decision makers (BDMs) in the public sector believe productivity is reliant on effective […]
As the number of COVID-19 cases increased in Europe and North America during March, restrictive public health measures to avoid a worse pandemic were put in place. Measures included stay-at-home-orders, which were quickly adopted all across the world. As entire populations were ordered to quarantine and self-isolate, COVID-19 influences on environment were very noticeable at […]
The rapid spread of the coronavirus outbreak has undoubtedly impacted higher education. In recent weeks, education officials have cancelled classes and closed campuses across the world in response to COVID-19. Furthermore, institutions have switched to online learning, and have encouraged foreign students studying abroad, to return home to complete their studies. Even if class closures, […]
Huawei might lose the United Kingdom 5G market but will never lose its reputation in the so-called hub for telecoms and technology. In 2019, Huawei submitted the first plan to build a Research and Development (R&D) center near Cambridge. On June 25, 2020, Huawei received the permission from Cambridge City Council to construct a 50,000 […]
A Black man who was wrongfully arrested when facial recognition technology mistakenly identified him as a suspected shoplifter wants Detroit police to apologize — and to end their use of the controversial technology. The complaint by Robert Williams is a rare challenge from someone who not only experienced an erroneous face recognition hit, but was […]
The global mobile money market is expected to witness a CAGR of 21.4% during the forecast period of 2020 to 2030, according to a new research report released by FMI. Quick turn made by some of high potential economies with limited digital financial inclusion among masses to digitize payments has been a key enabler for mobile money. […]
By BARBARA ORTUTAY AP Technology Writer OAKLAND, Calif. (AP) — Did teens, TikTok users and fans of Korean pop music troll the president of the United States? For more than a week before Donald Trump’s first campaign rally in three months on Saturday in Tulsa, Oklahoma, these tech-savvy groups opposing the president mobilized to reserve […]
A promising solution was recently revealed through a partnership between the UAE and the UK. UAE’s Group 42 (G42) is bringing its artificial intelligence and cloud computing expertise to the table, alongside UK’s Oxford Nanopore’s advanced sequencing products. Together, they claim to have developed a “population-scale technology” that can quickly and accurately detect the virus […]