A U.S. order to ban exports of some advanced chips to China is likely to hit almost any major tech company running public clouds or advanced AI chips for training modules in the country, experts said. Chip designer Nvidia Corp said on Wednesday that U.S. officials told it to stop exporting two top computing chips […]
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Anyone with friends in Dubai or Abu Dhabi knows about the UAE VoIP ban. You have probably tried calling your friends or family on WhatsApp, Viber, Skype, or the like only to hear them say something along the lines of “Wait, let me turn on the VPN.” Voice over Internet Protocol (VoIP, also called IP […]
At a time when all of Lebanon’s public sector face a detrimental crisis, one state telecom service provider, Ogero, is facing turmoil from within its walls. An open-ended strike has been declared by employees in an attempt to pressure the establishment to give them what is rightfully theirs, better wages, as Lebanon and its people […]
As a virtual currency mixer, Tornado Cash uses the Ethereum blockchain to arbitrarily enable anonymous transactions by concealing the persons involved, as well as the transaction’s origin, destination, and counterparties. What Is Tornado Cash? Before sending various transactions to their specific receivers, Tornado receives a variety of transactions and combines them. Illegal actors frequently use […]
International Finance Corp (IFC), a World Bank affiliate, told Reuters on Wednesday it is backing a blockchain-enabled platform to trade carbon offsets, aiming to attract more support from institutional investors for climate-friendly projects in emerging markets. It is a bet that using blockchain – a digital database with information that can be publicly shared within […]
The U.S. Federal Communications Commission rejected broadband subsidies for SpaceX’s Starlink and LTD bands applications for more than $2 billion in internet service subsidies, the FCC said on Wednesday. In December 2020, the FCC tentatively awarded $9.2 billion to over 300 bidders to deploy high-speed broadband from the Rural Digital Opportunity Fund. LTD Broadband won […]
A group of 10 U.S. House Democrats on Friday asked President Joe Biden’s administration to build electric vehicle charging stations together with broadband internet infrastructure under the $1 trillion infrastructure law approved in November 2021. As part of that measure, Congress set aside $42.45 billion in grants to expand broadband, including building fiber or other […]
Twitter Inc is attempting to find evidence that Elon Musk tried to torpedo the financing of his $44 billion takeover deal for the social media company while also looking into his motivation for backing out of the deal, legal experts said. Twitter sent dozens of civil subpoenas this week to global banks such as units […]
The current digital transformation in the UAE banking sector is thriving. What we are witnessing today is more than just a simple change in how we make transactions; it goes well beyond simply transitioning from a traditional into a digital world. This entire concept of digital transformation strategy in banking is integral to how banks […]
When a country suffers from its worst ever economic crisis, initiatives pour in to bring it out of the brinks of total collapse. Financial assistance, humanitarian aid, and increasing solidarity within the community are typical avenues to alleviate the significant sequels of the crisis. As Lebanon has been going through its darkest years, with an […]