Uber shares tumbled on Wednesday with more than 4.5 percent in extended trading, following a report stating that SoftBank is selling around $2 billion worth of shares, in a definitive attempt to recover from lost bets on Didi and other investments. Japanese telecommunications and technology multinational conglomerate Softbank is selling a whopping 44 million shares […]
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Late on Wednesday, Xinhua News Agency reported that China’s latest regulations against tutoring for profit and Big Tech is beneficial to the country’s growth as it stiffens its commitment to expand its capital market, leading to a share plunge in education firms. China’s latest attempt to ease financial pressure on families that support low birth […]
Libya’s government-owned telecom Hatif Libya signed on Monday an agreement to improve its fiber optic network with an U.S.-based supplier of open optical networking solutions called Infinera. This project will provide access to internet and mobile services in Libyan areas that were not covered previously by the network and improve the quality and reliability of services for all customers. Infinera will install Automatically Switched Optical Network (ASON) technology, that will enable the Libyan company to dynamically […]
Google is postponing a return to the office for most workers until mid-October and rolling out a policy that will eventually require everyone to be vaccinated once its sprawling campuses are fully reopened. The more highly contagious delta variant of the coronavirus is driving a dramatic spike in COVID-19 cases and hospitalizations. Google’s Wednesday announcement […]
Asian stocks mostly rose Thursday after the Federal Reserve kept its accommodative monetary policies and signaled that economic recovery was on track. Chinese technology giants led the way, as authorities moved to soothe jitters over anti-monopoly and data security enforcement against the industry. Tokyo’s Nikkei 225 gained 0.4% to 27,687.28, while the Kospi in South […]
Rana el Kaliouby co-founded and led Boston startup Affectiva, which uses artificial intelligence and computer vision to analyze mood and emotion. Now she’s got a new job as deputy CEO of Smart Eye, after the Swedish eye-tracking company bought Affectiva for $73.5 million in June. The auto industry is the prime market for el Kaliouby […]
Everyone interested in reading about developments in telecommunication technology has had their minds and screens bombarded with news about 5G development and its rapid adoption around the world. It’s that thing that, when the ribbon is cut, will give us ten times the throughput, ten times less latency, and 100 times more capacity that the currently available 4G LTE. What many telecoms novices don’t know is […]
In its greatest attempt to reclaim its chipmaking crown, Intel announced on Monday its new architecture roadmap during the company’s Accelerated webcast, unveiling the manufacturer’s strategy to refresh innovative naming schemes for future nodes. Intel’s CEO Pat Gelsinger announced during the company’s Accelerated livestream webcast how the semiconductor company is planning to switch its branding plan to push for more semiconductor innovations. The revelation incorporated broad strokes of its next-half decade […]
U.K.- based Virgin Media O2 (VMO2) announced on Monday its collaboration with Swedish Telecom vendor Ericsson to supply cloud native, container-based dual-mode 5G core technology. This step will pave the way for VMO2 to deliver ultra-fast connectivity to consumers and develop advanced enterprise use cases. According to the agreement, VMO2 will bring its 4G, 5G […]
Over the years, cybersecurity has increasingly become a major issue. Rightfully so, as multiple organizations have been compromised by cyberattacks within a matter of seconds, placing sensitive information in the hands of opportunistic tech criminals. However, Brazil isn’t taking any risk, as the country is prioritizing cybersecurity by creating a cyberattack response network, with the goal of encouraging fast action toward cyberattacks. The Federal Cyber Incident Management Network will embody the Institutional Security Office of […]