Search results for "IT"

How Dubai faced the pandemic with compassion and technology

The United Arab Emirates has always been known to have a hands-on approach when dealing with challenging situations, placing the safety of their citizens as their top priority, especially during the COVID-19 global pandemic. Under the helm of Dubai’s ruler, Sheikh Mohammed bin Rashid Al Maktoum, the Emirate – with a population of approximately 9.9 […]

EU signs new deal with Pfizer-BioNTech, Hungary opts out

The European Union’s executive arm on Thursday finalized a third vaccine contract with Pfizer and BioNTech through 2023 for an additional 1.8 billion doses of their COVID-19 shot to share between the bloc’s countries except for Hungary, which opted out of the deal. The European commission said the contract, which was agreed on behalf of […]

Bill Gates' leadership roles stay intact despite allegations

Despite damaging allegations suggesting Bill Gates pursued women who worked for him, don’t expect changes to his roles at the two iconic institutions he co-founded, Microsoft and his namesake philanthropic foundation. Critics say the revelations raise accountability concerns, though it remains unclear how much the dent to Gates’ reputation might affect the institutions that are […]

Viasat granted suite of operating licenses in Nigeria

U.S.-based telecoms company Viasat Inc. announced on Tuesday that it has been granted a full suite of operating licenses in Nigeria by the country’s Communications Commission (NCC). According to the company, the operating licenses entail Internet Service Provider (ISP) license, VSAT license and three Earth Stations in Motion (ESIM) licenses, in a bit to bring […]

Melita first to launch nation-wide 5G network in Malta

Maltese telecommunications company Melita has become the first local operator to launch fifth-generation mobile network services across the entire country. The launch follows a multi-million-euro investment in the Ericsson network. Melita customers who have an Endless Mobile plan, or a new Business 5G mobile plan and a 5G enabled device can now connect to 5G […]

EXPLAINER: Why has the price of Bitcoin been falling?

Even by Bitcoin’s standards, Wednesday was pretty wild. The price of the famously volatile digital currency fell nearly 30% at one point after the China Banking Association warned member banks of the risks associated with digital currencies. The decline narrowed to below 10% in the afternoon, but Bitcoin had still lost about $70 billion in […]

China bans financial institutions from the crypto market

China has barred financial companies, institutions, FinTechs, and payment companies from delivering any kind of services in relation to cryptocurrency transactions, while warning potential investor to shy away from crypto dealings. Many analysts and industry experts considered the move to be inevitable – especially following the government’s restrictions on Alibaba’s financial arm, Ant Group – […]

Amazon to extend pause on police use of facial recognition

Amazon said Tuesday that it will extend its ban on police use of its face-recognition technology beyond the one-year pause it announced last year. Amazon and other technology companies have been under pressure from civil rights activists and their own workers to halt the sale of face-recognition systems to law enforcement agencies. One concern is […]

Russia won't block Twitter, but partial slowdown to continue

Russian authorities on Monday backed away from threats to block Twitter, saying that the social media platform deleted most of the banned content identified by Moscow and expressed “readiness and interest in building a constructive dialogue.” Russia’s state communications watchdog Roskomnadzor said it decided not to block Twitter in light of these developments, an announcement […]

Ransomware hits AXA units in Asia, hurts Ireland healthcare

Cybercriminals have hit four Asian subsidiaries of the Paris-based insurance company AXA with a ransomware attack, impacting operations in Thailand, Malaysia, Hong Kong and the Philippines, the insurer said. The criminals claimed to have stolen 3 terabytes of data including medical records and communications with doctors and hospitals. In Ireland, meanwhile, the national healthcare system […]