Search results for "new ai"

Maroc Telecom takes 5.8% plunge in first half profit

Morocco’s largest telecoms operator, Maroc telecoms reported a 5.8 percent decline in its revenues of $317 million for the initial half of 2021. Due to lower mobile usage, the Moroccan telecom provider experienced a 3 percent plunge in its revenues during the first two quarters of the current year. However, it wasn’t all doom and […]

Google’s 2021 Q2 soars as antitrust grip tightens

Google’s parent company Alphabet Inc, recorded on Tuesday a rising profit in second quarter revenue, despite heated antitrust regulations and prosecutions, the search giant marked its highest mark so far of quarterly revenue. Amidst the latest antitrust cold war between Big Tech companies and Washington in the last quarter, Google and Alphabet Inc. tallied in […]

eBay cyberstalking schemer sentenced to 18 months in prison

Former eBay security manager Philip Cooke was sentenced on Tuesday to 18 months in prison for his role in an intense cyberstalking campaign against a pair of eBay critics.   U.S. district judge Allison Burroughs issued the sentence nine months after Cooke was found guilty to conspiracy of cyberstalking and tampering with witnesses.  According to federal prosecutors and a lawsuit filed last week by the victims, a group of eBay employees led by executives began in 2019 targeting the […]

Maxima Telecom wins $13.5M contract for biometric cameras in Moscow

Moscow’s public Wi-Fi provider, Maxima Telecom, won earlier this month a $13.6 million contract for the installation of 2000 biometric cameras on the roads of the capital, according to Russian media reports.  The contract was completed with the Center for Traffic Management of Moscow. It aims to deploy a neural network in the capital that will receive data from cameras, record accidents, fires and other incidents, and report them […]

LinkedIn skyrockets to $10 billion in revenue for the first time

For the first time, LinkedIn has officially surpassed $10 billion in annual revenue, five years after Microsoft announced its decision to acquire the platform for more than $26 billion, the company reported on its recent fiscal report released on Tuesday. Although Microsoft did not exactly reveal the number of the profits and losses made, officials did state that LinkedIn’s revenues were up by 46 percent in […]

Bitcoin jumps on speculation that Amazon considering crypto

Bitcoin’s price surged again Monday after speculation that Amazon may be entering the cryptocurrency sector after it posted a job seeking a “digital currency and blockchain product lead.” Bitcoin jumped more than 14% in the past 24 hours, nearly reaching $40,000 per unit before settling closer to $37,000. The five-week intra-day high reached Monday comes […]

5G standalone and non-standalone in a nutshell

Everyone interested in reading about developments in telecommunication technology has had their minds and screens bombarded with news about 5G development and its rapid adoption around the world.  It’s that thing that, when the ribbon is cut, will give us ten times the throughput, ten times less latency, and 100 times more capacity that the currently available 4G LTE.   What many telecoms novices don’t know is […]

Virgin Media O2 selects Ericsson 5G core to power 5G SA

U.K.- based Virgin Media O2 (VMO2) announced on Monday its collaboration with Swedish Telecom vendor Ericsson to supply cloud native, container-based dual-mode 5G core technology. This step will pave the way for VMO2 to deliver ultra-fast connectivity to consumers and develop advanced enterprise use cases. According to the agreement, VMO2 will bring its 4G, 5G […]

Brazil gears up for potential cyber-threats

Over the years, cybersecurity has increasingly become a major issue. Rightfully so, as multiple organizations have been compromised by cyberattacks within a matter of seconds, placing sensitive information in the hands of opportunistic tech criminals.  However, Brazil isn’t taking any risk, as the country is prioritizing cybersecurity by creating a cyberattack response network, with the goal of encouraging fast action toward cyberattacks.  The Federal Cyber Incident Management Network will embody the Institutional Security Office of […]