Search results for "us government "

Huawei to Invest $632 Million to Build New Digital Energy HQ in Shenzhen

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 […]

Africa’s Tech Startups Could Secure $90 Bln Funding, Report Finds

In a report released by the Tony Blair Institute for Global Change, Africa could be taking the lead in securing whopping funding exceeding $90 billion by 2030 for tech startups, once policymakers drive growth by trailing essential reforms. The British institute estimated in its report a business-as-usual scenario compared to an enhanced policy-environment scenario by […]

Telenor Investors Scrutinize Myanmar Sale

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 […]

India Expands Chinese Tech Apps Ban, Increasing Geopolitical Tension

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. […]

Canada's Trudeau Invokes Emergency Powers in Bid to End Protests

Canadian Prime Minister Justin Trudeau on Monday activated rarely used emergency powers in an effort to end protests that have shut some U.S. border crossings and paralyzed parts of the capital. Under the Emergencies Act, the government introduced measures intended to cut off protesters’ funding and took steps to reinforce provincial and local law enforcement […]

U.S. Inflation Data Hits Global Stocks, Lifts Benchmark Yields

Major global stock indexes fell on Thursday under pressure from crucial U.S. inflation data, falling technology shares and rising benchmark bond yields. U.S. consumer prices rose solidly in January, leading to the biggest annual increase in inflation in 40 years, which could fuel financial market speculation for a 50 basis points interest rate hike from […]

SolarWinds Onboards CyberKnight as a Middle East Distributor

Dubai (UAE): In today’s hybrid IT environments, organisations are accelerating digital transformation for long-term growth and profitability. This transformation, however, comes at a cost for enterprises. According to Gartner, this journey is taking twice as long and costing twice as much than initially anticipated. To address this challenge, organisations must be able to understand their […]

Etisalat Digital Partners with NICE to Bring the CXone Cloud Platform to the UAE

Alliance enables Etisalat Digital customers to drive digital transformation with a secure path to the cloud, rapidly innovate via the CXone platform and deliver frictionless, end-to-end digital and agent-assisted experiences Dubai 09 February 2022: Etisalat Digital today announced a partnership with NICE to drive the availability of the CXone platform in the UAE. The collaboration […]

SoftBank's Choice of New York for Arm Listing Deals a Blow to London

SoftBank’s decision to list British chip designer Arm is good news for New York, bad news for London and the best option left for the Japanese group after the collapse of its blockbuster sale to Nvidia. Arm, whose technology underpins the global smartphone industry, is most likely to float on the Nasdaq, SoftBank’s CEO said, […]