Saudi Arabia-based telecom stc partnered on Tuesday with Swedish giant Ericsson to deploy 5G standalone (SA) for consumers and enterprises on Ericsson Cloud Native Infrastructure. This move follows a two-year partnership between both telcos signed back in 2019, when the Saudi firm deployed 5G network using Ericsson’s commercial hardware and solutions including radio access network (RAN). The new expansion on stc’s 5G Core (5GC) network, will support both 5G standalone (SA), non-standalone (NSA), in addition to 4G. […]
Search results for "sc"
China on Thursday dismissed Canada’s protests of harsh sentences handed down by Chinese courts to Canadians whose cases are seen as linked to the arrest in Vancouver of a top executive at Chinese tech giant Huawei. The Foreign Ministry and the Chinese Embassy in Canada accused Ottawa of making unwarranted, groundless accusations that “grossly interfered […]
A top executive with global energy giant Iberdrola is promising more perks if local governments and others in New Mexico clear the way for a proposed multibillion-dollar utility merger that could affect the way power is produced and distributed in the state for years to come, Iberdrola’s chief development officer, Pedro Azagra Blázquez, was cross-examined […]
South Korean developer of Player Unknown’s Battlegrounds’ (PUBG), Krafton, initial public offering recorded a 20 percent drop on Tuesday following a crackdown due to a state-led media attack on the gaming industry. This is considered the biggest initial decline of a South Korean IPO after LG Philips LCD collapse in the same market 17 years ago. Krafton’s loss came after it reduced its IPO target by more than 10 percent last month following regulatory demands […]
China’s e-commerce giant Alibaba Group Holding, fired a manager on Monday after being accused of sexual assault, forcing the company to establish legal rules to ensure an incident like this won’t happen again. Days before the issue surfaced, the female employee who was the victim of the sexual assault posted an 11-page account on Alibaba’s private network, noting that not only did the manager sexually assault […]
Robinhood Markets confirmed on Tuesday its first acquisition plans since the release of its initial public offering (IPO) earlier this month of obtaining venture-backed startup Say Technology for around $140 million in cash. The trading service company revealed the deal in a blog post from the company’s chief product officer, Aparna Chennapragada, without disclosing when […]
Many tech enthusiasts consider that the COVID-19 pandemic hit the world at just the right time, describing it as the spark that ignited a tidal wave of disruptive technological innovations. Rollout of services and products were accelerated at a skyrocketing pace trickling down to a myriad of other solutions that would have taken years to hit the […]
Softbank dropped $5 billion worth of publicly listed shares through its SB NorthStar trading unit of four tech giants during its first quarter, the Japanese conglomerate revealed in a financial report released on Tuesday. Back in 2020, the Tokyo-based multinational company vastly invested in social networking platform Facebook, Google’s parent company Alphabet, popular streaming service […]
The U.S. ranked the second highest country worldwide with 54,615 CoV-2 Delta variant cases on Monday, according to Statista, amid a similar wave of virus misinformation that spiked noticeably between June and July. Rates of COVID-19 misinformation and its vaccines increased significantly from June to July, according to U.S.-based AI intelligence cloud that tracks relevant phrases on social media and news outlets, Zignal Labs. Among the most common falsehoods according to the AI media firm, 437 percent claimed that vaccines don’t work, 156 percent […]
More than $600 million in cryptocurrency has been stolen from the protocol PolyNetwork, in a scheme that’s regarded as one of the largest thefts in the history of cryptocurrency. In a letter posted on Twitter, PolyNetwork, a decentralized platform that allows crypto coin holders to trade assets across a variety of blockchains, pleaded with hackers to return the haul on Tuesday. “Dear Hackers,” the […]