The Bahrain Telecommunications Company was established in 1981 as the sole communications service provider in the country. The operator is mostly owned (directly or indirectly) by the Bahraini government with a total of 77 percent (more than 50 percent shared between Mumtalakat holding company and the social insurance organization). However, the telecommunications regulatory authority (TRA) […]
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Wind turbine maker Vestas posted a deep first-quarter loss and slashed its 2022 margin forecast due to the war in Ukraine and writedowns in its offshore business, reflecting an industry wide struggle to turn a profit despite record demand. Focus on renewables has intensified as the West steps up efforts to wean itself off Russian […]
The Swiss National Bank is against buying and holding bitcoin as a reserve currency, Chairman Thomas Jordan said at the central bank’s annual general meeting on Friday. “Buying bitcoin is not a problem for us, we can do that either directly or can buy investment products which are based on bitcoin,” Jordan said. “We can […]
Videogame publisher Activision Blizzard Inc said on Thursday that its shareholders approved Microsoft Corp’s $68.7 billion proposal to buy the “Call of Duty” maker. More than 98 percent of the shares voted at a special meeting held earlier in the day were in favor of the proposed transaction, the Santa Monica, California-based company said. Microsoft […]
Twitter buyer Elon Musk calls himself a free speech absolutist, but that could be put to the test in the Middle East where critics say authoritarian governments use the platform to track opponents and spread disinformation. Twitter did not immediately respond to a request for comment on how it might deal with Middle Eastern governments’ […]
By now you probably know, at least vaguely, what the Metaverse refers to. A persistent 3D world of 3D worlds interconnected via the internet, verified and established on the blockchain. Interacting on the blockchain means your identity is singular, unique, and unchangeable, except by you. So, in this virtual world, you will, of course, need […]
Planet Earth, a captivating and bountiful big blue marble, roaming in space. A Terra we call home. Yet, as humans, we tend to have detrimental and catastrophic environmental effects in ways exceeding expectations on our homeland. Effects that elicited disastrous climate issues and urbanization are one of them. This issue prompted the creation of intelligent […]
Newcomers to the crypto and NFT space often overestimate how complicated it is to participate in the buying, selling, and trading of cryptographic tokens. Although each investment is unique, the basics of investing are usually the same. Whether it’s a piece of art, stocks, cryptocurrency, or buying an NFT for the first time, you need […]
Cryptoassets could be seized to help combat economic crime, Britain’s government said on Thursday, but its proposal stopped short of the radical overhaul called for by lawmakers who want a single crime-busting agency. Banking and online scams have rocketed in Britain, particularly since the COVID-19 pandemic. The government said in its response to a parliamentary […]
Almost one if every 100 starups usually fail to take off. NFT projects are no different, except that number actually jumps up concerningly. For every Bored Ape or Crypto Punk there are hundreds of failed NFT projects that never saw the light of day or fizzled out into obscurity. What are the common denominators that […]