SoftBank to buy back $41 billion in assets to trim debt By ELAINE KURTENBACH AP Business Writer BANKGOK (AP) — The Japanese technology and telecoms company SoftBank said Monday it plans to buy back up to 4.5 trillion yen ($41 billion) of its assets as it seeks to trim its gigantic debt burden. The company’s […]
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By The Associated Press undefined The rapid worldwide spread of the coronavirus since it was first revealed in China less than three months ago has dealt an unparalleled shock to the global economy. Following are weekend business developments related to the outbreak as governments attempt to stabilize their economies, companies navigate through an altered landscape, […]
‘Work from home’ (WFH) is now being applied and insisted on in the majority of countries as they attempt to navigate their way through the economic impact of the coronavirus. However, Denmark has a national broadband strategy that looks visionary. Data analytics company, GlobalData states that the country is due to reach 100% broadband coverage […]
Earlier this week, both Nokia and Ericsson have won a 5G RAN contract with Taiwanese telco, Chunghwa Telecom. Both companies are extremely pleased about the collaboration and have both issued press releases revealing their plans for development with Chunghwa Telecom. According to the agreement, Ericsson will be assisting Chunghwa with high and mid frequency 5G […]
ToTok, an instant messaging, video call, and voice chat app, released ToTok Pay on March 17th for Android users. With this new feature, users can make payments through a QR code contactless system, as well as send money to their contacts through their ToTok chat, achieved through partnership with licensed financial institutions. The app has […]
By TALI ARBEL AP Technology Writer The technology that animated movies like “Toy Story” and enabled a variety of special effects is the focus of this year’s Turing Award, the technology industry’s version of the Nobel Prize. Patrick Hanrahan and Edwin Catmull won the prize for their contributions to 3-D computer graphics used in movies […]
What is Sigfox, how does it operate, and what are some of its benefits? What does it mean to be a 0G network exactly? Sigfox 0G is a low-power, wide area wireless network created specifically for sensor data communication and sending very small packets of data. Its extremely low power consumption means that sensors can […]
We have some much-needed good news. Infinera have announced their successful completion of a live network test. The test saw a wave transmission of up to 800 gigabits per second (800G) Single-wavelength transmission at 96 GBd (gigabauds) over 950 (km). The network was across a major long-haul link in North America. The trial was powered […]
Are most institutions prepared for the growing trend of remote work culture? Do they have the technology to facilitate such a shift? Some institutions are already well ahead with remote working capabilities and have a strong system in place, whilst others, are not fully equipped for the change. The sudden switch to telecommuting en masse […]
The Walt Disney Company Iberia and Spain-based telecom Telefonica, revealed that one of the world’s leading entertainment companies, Movistar, will be their distributor for Disney Plus in Spain, in a mutual partnership – set to make its debut through Movistar’s Fusion package. As part of a mutually beneficial agreement, Disney Plus will give Movistar customers […]