Search results for "ban"

From Zoom to Quibi, the tech winners and losers of 2020

We streamed, we Zoomed, we ordered groceries and houseplants online, we created virtual villages while navigating laptop shortages to work and learn from home. In many ways, 2020’s pandemic-induced isolation threw our dependence on technology into overdrive, snipping away at our real-life connections while bringing digital relationships to the fore. But for every life-changing Zoom, […]

Is Blockchain-powered FinTech the future of finance?

Imagine yourself as a bank executive, competing against a global, multi-service, low-cost, digital bank; customers checking their accounts via smartphones, paying bills or transferring money with a swipe of finger. An AI-powered engine allows them to play around with their ETF portfolios with absolutely no fees, or cross-border payments. Take a moment to consider facing […]

Nokia wins 5G deal with Thailand’s dtac

Thailand’s dtac has selected Finnish telecoms company Nokia as its 5G RAN partner, ensuring that the company’s network performance is 5G-ready, with deployment expected to start later in the year with completion forecasted by 2022. Nokia has been in Thailand for over 30 years with the deployment of 2G, 3G and 4G networks and will […]

Chinese regulators order Ant Group to rectify its businesses

Chinese regulators have ordered Ant Group, the world’s largest financial technology company, to rectify its businesses and comply with regulatory requirements amid increased scrutiny of anti-monopoly practices in the country’s internet sector. The People’s Bank of China, the country’s central bank, summoned Ant executives on Saturday and ordered them to formulate a rectification plan and […]

Holiday sales tick up as shoppers invest in their homes

Retail sales increased a modest 3% during a longer holiday season this year, as homebound shoppers spent more on furnishing and food but less on clothing and jewelry, according to figures released Saturday by a firm that tracks all forms of payments. The increase fell short of predictions from the National Retail Federation, the nation’s […]

The Latest: Spain receives 1st batch of coronavirus vaccine

MADRID — Spanish authorities say the first batch of the coronavirus vaccine to reach the country has arrived. The government said Saturday morning that a truck transporting the vaccine produced by Pfizer arrived at a company warehouse in the central city of Guadalajara after making the trip from Belgium. It is the first part of […]

New Coronavirus strain impacts financial markets

Just when we thought we were in the clear, coronavirus pulls us back in. A new modified strain of the virus has been identified in the UK, forcing the nation into a T4 lockdown. Following news of the new coronavirus strain outbreak, Asian stocks fluctuated and in parallel, a long-awaited second stimulus bill was announced […]

Retailers brace for flood of returns from online shopping

A huge surge in online shopping during the pandemic has been a savior for retailers, but it comes at a price. Shoppers are expected to return twice as many items as they did during last year’s holiday period, costing companies roughly $1.1 billion, according to Narvar Inc., a software and technology company that manages online […]

Sweden excludes Huawei from its 5G efforts

Sweden will rely on itself to set up its fifth generation of mobile networks infrastructure, excluding Chinese telecom titan Huawei from the construction efforts. The decision was made following a nationwide poll that addressed advancing human rights and democratic reforms, with China as its highest policy priority. The Swedish Post and Telecom Authority (PTS) said […]

The case for net neutrality

Humankind is slowly transcending into a new reality ushered in by the tidal wave of technological advancements that are developing on a day-to-day basis. The fifth generation of mobile networks, the Internet of Things (IoT), artificial intelligence (AI), virtual reality (VR), augmented reality (AR), etc.…; these techs and their acronyms could easily fill an entire […]