French payments company Worldline has entered exclusive talks to sell its TSS terminals business to U.S. financial company Apollo Funds in a deal potentially worth around 2.3 billion euros ($2.6 billion), the companies said on Monday. The deal would comprise a 1.7 billion euros upfront consideration as well as preferred shares that could reach up […]
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Dubai, 21 February 2022: Etisalat announced the winners of the second ‘SMB Awards 2021’ in a grand gala event to recognize and celebrate the outstanding achievements of Small and Medium businesses (SMBs) in the UAE. The prestigious awards ceremony was attended by H.E. Faisal Al Hammadi, Assistant Undersecretary for Entrepreneurship and SMEs from the Ministry […]
Ericsson informed the U.S. Department of Justice (DoJ) about an internal investigation into payments in Iraq when it signed a Deferred Prosecution Agreement (DPA) in 2019 to settle separate corruption probes, sources familiar with the matter said. The Swedish company’s shares fell 14 percent on Wednesday over concerns that it might be subject to another […]
On Thursday, chip manufacturing giant Intel announced it would be releasing its first-generation Discrete laptop GPU in the upcoming weeks, without specifying the actual release date, reassuring it will be available in the market in 2022’s first quarter (Q1). The release will be synchronized with the date of the 12th-generation Intel H-series notebooks, with some […]
Relatively unscathed from two years of the global pandemic, the telecommunications industry is on the precipice of transformation. It’s going digital, which, although this may seem inherent for an industry centered around technology, will trigger a mass of change and challenge for the industry. What will happen in 2022? Here, Hamish White, founder and CEO […]
China is giving COVID-19 booster vaccines using technologies different from the initial injections, in an effort to improve immunisation strategies amid concerns that its most-used jabs appeared to be weaker against variants such as Omicron. Boosting population immunity could be crucial to preparing China to eventually reopen its borders and pivot from its “dynamic zero” […]
As 2022 gets into full swing, many business owners are considering how they can give their tech setup a refresh. 5G first hit the UK’s shores in May 2019, but it’s taken a while for the rollout to expand enough to make it a viable commercial option. Here, Kristian Torode, Director and Co-Founder of business mobile expert […]
E-commerce sites operated by China’s Tencent Holdings Ltd and Alibaba Group Holding Ltd were included on the U.S. government’s latest “notorious markets” list, the U.S. Trade Representative’s office said on Thursday. The list identifies 42 online markets and 35 physical markets that are reported to engage in or facilitate substantial trademark counterfeiting or copyright piracy. […]
The European Union launched a legal challenge against China at the World Trade Organization on Friday over what it says is a Chinese failure to allow European companies to protect their patents for telecoms technology. The European Commission, which filed the challenge on behalf of the EU’s 27 members, said EU companies were being prevented […]
Huawei Technologies will spend 4 billion yuan ($632.52 million) to build a new headquarters and R&D centre for its digital power unit, according to local media reports, as the Chinese telecoms giant diversifies amid U.S. pressure. Huawei Digital Power signed an agreement on Thursday with the local government of the southern metropolis of Shenzhen, where […]