Chinese telecom Huawei agreed earlier this week to sign a 4G patent license agreement with the German car manufacturer Volkswagen. The decision – which joins two U.S. sanctioned companies — is considered one of the biggest patent licensing agreement Huawei provides within the auto making industry. As per the deal, the telecom titan’s 4G mobile […]
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U.S.-based hardware company Square Inc announced on Tuesday plans to create a hardware wallet for Bitcoin, following a U.S. senator’s warning about imposed cryptocurrency threats on consumers and financial markets. The U.S. based financial service and digital payments company Square Inc — announced via one of its lead’s Twitter account– its plan to create a […]
Saudi Arabia is looking to attract investments upwards of $18 billion dollars as part of its bid to construct large-scale data centers across the Kingdom, the country’s Ministry of Communications and Information Technology (MCIT) announced this week. The move – which is part of Saudi Arabia’s Vision 2030 – aims to transform the gulf country […]
Companies including internet giants Alibaba and Tencent were fined Wednesday by anti-monopoly regulators in a new move to tighten control over their fast-developing industries. In 22 cases, companies were fined 500,000 yuan ($75,000) each for actions including acquiring stakes in other companies that might improperly increase their market power, the State Administration for Market Regulation […]
IBM introduced on Wednesday its latest open-source serverless framework, with the solemn purpose of simplifying integration and efficient scaling of big data and artificial intelligence (AI) workflows into its hybrid cloud. IBM’s recent technology, CodeFlare, is designed at the rank of a promising open-source distributed computing framework for machine learning (ML) applications commonly referred to […]
Facing extreme pressure from Myanmar’s Junta, Norwegian operator Telenor has sold it’s operations within the country to Lebanese investment firm M1 Group for $105 million, the company said in a statement on Thursday. “Telenor Group has entered into an agreement to sell 100 percent of its mobile operations in Myanmar to M1 Group for a total consideration of $105 million, of which $55 […]
Connecting people, data, machines, and supply chains is crucial for the success of the digital transformation that is accelerating the pace of business innovation. Smart factories are fast becoming a reality, with increasing amounts of data being processed by machines on the factory floor. But connecting these with global teams and dispersed supply chains is […]
Although not the biggest culprit of heightened carbon emissions and waste production by far, the telecommunications industry must still make its operations, products and services more sustainable. What should telcos focus on to reduce their environmental impact? The telecommunications industry contributed 2.6 percent of total global carbon dioxide (CO2) emissions in 2020, according to the European Telecommunications Network Operators’ (ETNO) Association. Although the sector isn’t as energy or resource-intensive as the likes of electricity production and […]
In an unprecedent effort, ByteDance, owner of popular video-sharing app TikTok, attempted to bypass Apple’s App Tracking Transparency (ATT) measures in collaboration with a several other Chinese tech company, but Apple managed to halt any peculiar activity that might jeopardize their users’ privacy. This transpired as Chinese tech companies attempted to switch to their new […]
Amazon founder Jeff Bezos stepped down as CEO on Monday, handing over the reins as the company navigates the challenges of a world fighting to emerge from the coronavirus pandemic. Andy Jassy, who ran Amazon’s cloud-computing business, replaced Bezos, a change the company announced in February. Bezos, Amazon’s biggest shareholder with a stake worth about […]