Search results for "IT"

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 […]

Amazon Accepts Visa Credit Cards in Global Truce over Fees

Amazon.com Inc has reached agreement with Visa Inc to accept its credit cards across its network, ending a standoff between the two that threatened to disrupt e-commerce payments and deal a blow to the U.S.-based payments processor. Details of the deal were not disclosed but Visa and other payments cards have faced increased pressure about […]

Foreign Tech Firms without Russian Offices Face Advertising Ban Within Weeks

Russia warned on Wednesday it would begin imposing advertising bans on large foreign technology companies that do not have official representation in the country by March, as Moscow advances efforts to exert greater control over the internet. Russian legislation has obliged foreign social media giants with more than 500,000 daily users to open offices in […]

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. […]

LogRhythm Unveils New Brand Identity to Reflect Company’s Focus on Enabling Customers to Take Action Against Evolving Cyber Threats

Announcement Comes in Advance of New Technology Offerings in 2022   Boulder, Colo. — Feb. 14, 2022: LogRhythm, the company helping busy and lean security operation teams save the day, today introduced its new brand identity. The rebrand is designed to represent the company’s commitment to helping security operations centers close workforce gaps, increase knowledge of new […]

“MyMonty” aiming to become the largest digital bank in the world

As one of the globally renowned leaders in Value-Added Services (VAS) and technological solutions, Monty Mobile is expanding its capabilities from Tech to FinTech, with Chairman Mountasser Hachem pursuing new ventures, landing the digital banking solution “MyMonty” which is envisioned to become the largest in the world”. MyMonty believes in partnerships with banks in order […]

In Shadow of KKR Approach, Telecom Italia to Discuss Overhaul

Telecom Italia (TIM) directors will on Monday discuss a plan to reorganise Italy’s biggest telecoms group as newly appointed Chief Executive Pietro Labriola tries to forge an alternative to a takeover approach by U.S. fund KKR . The debt-laden former phone monopoly is considering splitting its domestic business into an infrastructure entity and a separate […]

British Authorities Seize NFTs for the First Time

Her Majesty’s Revenue and Customs (HMRC), the British tax department, revealed it has seized in a $1.9 million fraud case an NFT, leading to the arrest of three individuals. The concerned authorities managed to seize around $6,760 (£5,000) worth of cryptocurrency assets, in addition to three non-fungible tokens (NFT) artworks. This comes at a time […]

E-Invoicing Exchange Summit Americas

Press Release E-Invoicing in the Digital Age Switzerland, February 2022 – One, and possibly the only positive aspect of the COVID 19-pandemic is, that it highlights the critical need for digitization. It shows that digital transformation is no longer an option, it is an imperative. The growing volumes of electronicinvoices are rapidly changing and challenging […]