A month into India’s pilot project for using an official digital rupee for inter-bank and institutional transactions, stakeholders are seeing no benefits, several bankers said. Seven bankers told Reuters that using the e-rupee of the Reserve Bank of India (RBI) was much the same as internet-based banking that users were already satisfied with. The RBI […]
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China opposes the U.S. Federal Communications Commission’s ban on new Chinese telecommunications equipment sales, the commerce ministry said on Thursday, vowing to adopt necessary measures to safeguard the rights of its domestic firms. The Biden administration on Friday banned the sale or import of new telecommunications equipment from China’s Huawei Technologies and ZTE, citing national […]
All-in-one crypto investment mobile app is now available to UAE residents to build their portfolio, earn yield and stay updated on the latest crypto news Dubai, UAE, 29 November 2022 — SwissBorg, Europe’s leading cryptocurrency wealth management app, today announced its launch in the UAE, to offer the safest and easiest app to invest and […]
The Biden administration has banned approvals of new telecommunications equipment from China’s Huawei Technologies and ZTE because they pose “an unacceptable risk” to U.S. national security. The U.S. Federal Communications Commission said on Friday it had adopted the final rules, which also bar the sale or import of equipment made by Chinese surveillance equipment maker […]
Twitter’s ban on then President Donald Trump after the Jan. 6, 2021, attack on the U.S. Capitol by his supporters was a “grave mistake” that had to be corrected, Chief Executive Elon Musk said on Friday, although he also stated that incitement to violence would continue to be prohibited on Twitter. “I’m fine with Trump […]
With soaring living costs hitting the UK hard, the rise in bills is becoming increasingly noticeable and, for many, increasingly challenging to afford. That includes our broadband bills. Here, Guy Miller, CEO of full fibre broadband network operator, MS3 Networks, shares his advice on getting the best broadband deal. The cost-of-living crisis is affecting almost […]
As customers withdrew billions of dollars from crypto exchange FTX one frantic Sunday this month, founder Sam Bankman-Fried worked the phones in a futile bid to raise $7 billion in emergency funds. Hunkered in his Bahamas apartment, Bankman-Fried toiled through the night, calling some of the world’s biggest investors, including Sequoia Capital, Apollo Global Management […]
In 1998, Mountasser Hachem founded Monty Holding, which has since become a giant in the telco sector, achieving unprecedented global penetration. His first go-to-market company was Monty Mobile, adapting various cutting-edge technologies to provide 4G and 5G wireless solutions and value added services, Messaging, Omnichannel, eSIM, and many other solutions which have been greeted enthusiastically […]
Shares in Japan’s SoftBank Group Corp plunged on Monday after the company reported a heavy loss at its Vision Fund investment arm for a third consecutive quarter. The shares sank 13 percent in early afternoon trade – heading for their biggest one-day loss in more than two and a half years. Analysts said, however, that […]
Alphabet Inc’s Google said on Tuesday it would buy about three-quarters of the renewable power from SB Energy Global’s Texas facilities, as it aims to operate data centers on carbon-free energy by 2030. Companies are rapidly shifting toward clean energy and transportation as they look to meet environmental and sustainability goals. The $430-billion Inflation Reduction […]