Search results for "ai"

Explainer-The U.S. Export Rule that Hammered Huawei Teed Up to Hit Russia

The Biden administration is readying a U.S. export rule used against Chinese telecoms equipment maker Huawei that could curb Russia’s access to global electronics supplies if President Vladimir Putin decides to invade Ukraine. While it is unclear how the rule could impact Russia, the restrictions hobbled Huawei’s smartphone business. Last month, the company said it […]

Yemen's internet service returns after four-day outage following air strike

Internet services were largely restored in Yemen on Tuesday, residents said, after a four-day outage https://www.reuters.com/world/middle-east/yemenis-struggle-without-internet-third-day-after-air-strikes-2022-01-23 following air strikes by a Saudi-led coalition on the Red Sea city of Hodeidah, which damaged telecoms infrastructure. The Iran-aligned Houthi group’s deputy foreign minister, Hussein al-Ezzi, in a Twitter post praised efforts to repair the damage and restore […]

European Stocks Slip Again With Tech Under Pressure

European shares slipped in early deals on Monday, with technology stocks falling the most after worries about tighter monetary policies triggered a bruising sell-off in global equities last week. The pan-European STOXX 600 index slipped 0.4% by 0814 GMT, with Asian stocks also under pressure as investors braced for a hawkish update from the Federal […]

Dubai Enters the Space Race with a Newly Appointed MBRSC Chief

As the United Arab Emirates (UAE) maintains its acceleration into the tech scene, Dubai’s Mohammed Bin Rashid Space Center (MBRSC) publicized the new appointment of its director-general.  Dubai’s Crown Prince and President of the MBRSC, Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum released an official statement publicizing the decision of the newly appointed deputy […]

Netflix's weak subscriber forecast evaporates pandemic-fueled stock gains

Netflix Inc dashed hopes for a quick rebound after forecasting weak first-quarter subscriber growth on Thursday, sending shares sinking nearly 20 percent and wiping away most of its remaining pandemic-fueled gains from 2020. Netflix projected it would add 2.5 million customers from January through March, less than half of the 5.9 million analysts had forecast. […]

Australia to 'fight back' Against Hostile States in Cyber - Minister

Australia and Britain will “fight back” against cyber attacks from China, Russia, and Iran, defense minister Peter Dutton said ahead of consultations with Britain in Sydney. Australia’s defense and foreign affairs ministers will meet with Britain’s defense secretary Ben Wallace and foreign secretary Liz Truss on Friday for the annual Australia-United Kingdom Ministerial Consultations (AUKMIN). […]

Orange partners with Engie to convert main data center in Africa to solar power

Orange and Engie said they have teamed up to convert Groupement Orange Services (GOS), Orange’s primary data center in Africa, to solar power, helping to cut the carbon footprint in Cote d’Ivoire.    As such, the GOS will provide the eighteen Orange Middle East and Africa (OMEA) subsidiaries with combined hosting and infrastructure operation services, platforms, and IT.    […]

Swiss National Bank Against Issuing Retail Central Bank Digital Currency

The Swiss National Bank does not see any overall benefit from issuing a central bank digital currency (CBDC) to be used by the general public and used in day to day transactions, governing board member Andrea Maechler said on Tuesday. “We believe the risks outweigh the benefits,” Maechler told a financial conference held in Frankfurt, […]

Kenyan BNPL startup raises $12 million, broods over African markets

Kenyan tech-led consumer credit platform, Lipa Later, announced plans to reach different frontiers by widening its horizon to reach new markets in Africa, and be endorsed by a $12 million pre-Series A funding.  Steered by Cauris Finance, Lateral Frontiers VC – one of the platform’s first investors – and GreenHouse Capital, the equity and debt funding round was also […]

Global Health Technology Platform - Proximie - Announces Partnership With Vodafone Business To Increase Access To Surgical Healthcare And Training

January 11, 2022: Proximie, the global health technology platform digitizing operating rooms around the world, announces a partnership with Vodafone Business. As part of Proximie’s mission to save lives by sharing the world’s best clinical practices, the new partnership will build on the existing relationship between the two companies bringing its world-class connected surgical care software together […]