Search results for "ban"

3 ways that technology will enhance banking services

Technology is fundamental to the retention of customers, for one simple reason. Technology facilitates and drives the development of services, expected by the tech savvy client. People are always looking for ways to make their payment processes faster, safer and more convenient. Fintech adoption has rapidly escalated amid the pandemic, which has meant that banking […]

Amazon says email to employees banning TikTok was a mistake

Roughly five hours after an internal email went out Friday to Amazon employees telling them to delete the popular video app TikTok from their phones, the online retailing giant appeared to backtrack, calling the ban a mistake. “This morning’s email to some of our employees was sent in error,” Amazon emailed reporters just before 5 […]

France will not ban Huawei despite US cybersecurity concerns

The US has managed to persuade the UK, Canada, and other countries to ban Huawei from the deployment of the 5G network. However, France announced that it would not have a complete ban on the Chinese telecom giant. Guillaume Poupard, head of the French cybersecurity agency (ANSSI) said during an interview with Les Echos newspaper, […]

Facebook bans violent 'boogaloo' groups, not the term itself

OAKLAND, Calif. (AP) — Facebook has banned an extremist anti-government network loosely associated with the broader “boogaloo” movement, a slang term supporters use to refer to a second Civil War or a collapse of civilization. But the platform didn’t try to name the group, underscoring the difficulty of grappling with an amorphous network linked to […]

India bans dozens of Chinese apps, citing security reasons

NEW DELHI (AP) — India on Monday banned 59 apps with Chinese links, saying their activities endanger the country’s sovereignty, defense and security. India’s decision comes as its troops are involved in a tense standoff with Chinese soldiers in eastern Ladakh in the Himalayas that started last month. India lost 20 soldiers in a June […]

SoftBank's Son leaves Alibaba board following Ma's departure

TOKYO (AP) — Masayoshi Son, the chief executive of Japanese technology company SoftBank Group Corp., said Thursday that he is stepping down from the board of Chinese e-commerce giant Alibaba. Son announced the change at the end of SoftBank’s general shareholders’ meeting. He emphasized that the decision was a “happy” one and did not reflect […]

Fintech: Your new way of banking after Covid-19

Fintech allows you to perform all kinds of operations wherever and whenever you want. Financial technology is a tool that has been changing the way we work with money. The Fintech market will pin its worth at approximately $ 305.7 billion by 2023 according to the Global Fintech Market (2018-2023). Due to social distancing, Fintech […]

Amazon bans police use of its face recognition for a year

By JOSEPH PISANI and MATT O’BRIEN Associated Press NEW YORK (AP) — Amazon banned police use of its face recognition technology for a year, making it the latest tech giant to step back from law-enforcement use of systems that have faced criticism for incorrectly identifying people with darker skin. The Seattle-based company did not say […]

Ecuador allocates temporary spectrum to cope with bandwidth demands

In the light of the current pandemic, Ecuador is one of many countries allocating additional spectrum to its operators to cope with the rising data capacity demands of online traffic. Ecuador’s Ministry of Telecommunication & Information Society (Mintel) has announced plans to temporarily allocate mobile spectrum to “improve service capacity and quality”. This follows a […]

SoftBank racks up losses as Vision Fund investments plunge

>By YURI KAGEYAMA AP Business Writer TOKYO (AP) — Japanese technology company SoftBank Group Corp. racked up a loss of 961.6 billion yen ($9 billion) for the fiscal year through March, on red ink related to its Vision Fund investments including troubled office space-sharing venture WeWork. SoftBank, founded in 1981, said Monday the drop in […]