Myanmar’s military government is forcing Norwegian provider Telenor to pursue other buyers following blunt corruption allegations against Lebanese-owned investment firm M1 Group, with rumors of suspected relations to Syrian President Bashar Al-Assad. M1 Group is a Lebanese conglomerate that owns, manages, and oversees investments and subsidiaries in various sectors such as telecommunications, real estate, aviation, […]
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One week after El Salvador became the first country to make bitcoin legal tender, problems continued to plague the system Tuesday. El Salvador rolled out a digital wallet known as the “Chivo” on Sept. 8, but the system has often been down for maintenance. It may have been overloaded by the sheer number of Salvadorans […]
Three former U.S. intelligence and military officials have admitted providing sophisticated computer hacking technology to the United Arab Emirates and agreed to pay nearly $1.7 million to resolve criminal charges in an agreement that the Justice Department described Tuesday as the first of its kind. The defendants — Marc Baier, Ryan Adams and Daniel Gericke […]
The Korean Fair-Trade Commission (KFTC) imposed on Tuesday a $177 million fine on Google after discovering that the search engine titan took advantage of its market status to prevent rival operating systems from competing in the market, putting the company at its second setback in less than a month. According to the KFTC, Alphabet Inc’s […]
Just days before the one-year anniversary of the U.S. blacklisting on China’s chip industry, Huawei’s chairman Eric Xu Zhiju announced that the Chinese vendor hopes to launch its 6G network and products in 2030, according to Global Times. It is not a recent declaration that Huawei is actively working on its sixth generation of wireless network, […]
Amidst Beijing’s latest regulatory wave to impose dominion on its tech sector, China’s Big Tech shares drastically dropped on Monday as the country’s watchdogs intend to break down Ant Group Co.’s Alipay, at a speed the U.S. and the European Union cannot fathom or dare to indulge in. Following a Financial Times report stating that Beijing is […]
Mobile network operator (MNO) US Cellular will introduce its personal 5G standalone SA core network by the end of 2022 after selecting Finland telecom vendor Nokia as its accomplice to deliver the necessary equipment and services in its future 5G technology. US Cellular’s standalone future stands on the line as Nokia announced last week its […]
Egypt invested $2 billion into its latest program to ambitiously unlock new economic growth by upgrading its metropolitan internet infrastructure to 43 Mbps to reach more than 60 million residents in rural areas. The Minister of Communications Dr. Amr Talaat announced plans to capitalize a $360 million budget on fiber-to-the-home (FTTH) spread across the country. […]
Amsterdam, 6 September 2021 – VEON Ltd. (NASDAQ: VEON, Euronext Amsterdam: VEON), a leading global provider of connectivity and internet services, announced that it has reached agreement to sell its mobile network towers in Russia to Service-Telecom for a totalconsideration of $970million. Service-Telecom is a well-known partner to PJSCVimpelCom, which operates in Russia under the Beeline […]
The CEO of Salesforce said the company will help employees leave Texas, and he did so while retweeting a story linking the offer to concern about Texas’ new anti-abortion law. Salesforce, which sells customer-management software, joins a small number of companies that have reacted against the Texas law. CNBC reported that the San Francisco-based company […]