China’s central bank will soon have access to the private credit information of hundreds of millions of users of Ant Group’s online credit service, in a move signaling more regulatory oversight of the financial technology sector. Huabei, Ant Group’s credit service, said in a statement that consumer credit data it has collected will be included […]
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Beijing Communications Administration released a data report revealing that by end of August, the Chinese capital obtained 45,700 5G network stations with 12 million users, according to local news agency Xinhua. Beijing fulfilled full 5G network coverage in the city’s key areas, such as the downtown core area, sub-center, and central business district. With every 10,000 […]
The European Union announced plans Thursday to require the smartphone industry to adopt a uniform charging cord for mobile devices, a push that could eliminate the all-too-familiar experience of rummaging through a drawer full of tangled cables to find the right one. The European Commission, the bloc’s executive arm, proposed legislation that would mandate USB-C […]
For the final leg of his journey from Chile to the United States, Haitian migrant Fabricio Jean followed detailed instructions sent to him via WhatsApp from his brother in New Jersey who had recently taken the route to the Texas border. His brother wired him money for the trip, then meticulously mapped it out, warning […]
Facebook publicized that since 2016 the social network mogul invested over $13 billion by onboarding 40,000 new staffers to endorse the platform’s security and safety measures, following a series of leaks by the Wall Street Journal (WSJ). Weeks after the Wall Street Journal’s “The Facebook Files” were published, the social media giant went back over to the […]
Saudi Telecoms Company (STC) raised on Wednesday $966 million from its Initial Public Offering (IPO) following completion of the institutional subscription of its subsidiary Arabian Internet and Communications Services Co. Last week, the Kingdom’s state-owned telco set a price for its IPO at the highest rank of an analytical price range for Solutions by STC, […]
For the final leg of his journey from Chile to the United States, Haitian migrant Fabricio Jean followed detailed instructions sent to him via WhatsApp from his brother in New Jersey who had recently taken the route to the Texas border. His brother wired him money for the trip, then meticulously mapped it out, warning […]
Facebook’s Chief Technology Officer Mike Schroepfer is stepping down from the social media company, taking on a part-time role while longtime executive Andrew Bosworth will replace him next year. Schroepfer, known as “Schrep,” has been at Facebook for 13 years and is a close friend of CEO Mark Zuckerberg. He called his decision difficult “because […]
Former U.S. Secretary of Defense James Mattis testified Wednesday in the trial of fallen tech star Elizabeth Holmes, saying the entrepreneur misled him into believing she was on the verge of rolling out a blood-testing breakthrough that he hoped would help save lives of troops in battle. Mattis’ appearance came during the sixth day of […]
A U.S. government committee that reviews foreign investment in telecom is probing videoconferencing company Zoom’s $14.7 billion deal for cloud call center company Five9. In an August filing with the Federal Communications Commission, the Justice Department, which chairs the committee, said it would review the deal “to determine whether this application poses a risk to […]