Search results for "IT"

The IoT Sim and the Drive Forward

The creation of customized SIMS for IoT connectivity was prompted by the demand for new commercial applications and operational models brought on by the expansion of the Internet of Things. IoT SIM cards resemble conventional SIM cards. However, they don’t need a person to use them or activate the device. They frequently work in industrial […]

IPO Market Freeze Sparks 80% Drop in Nasdaq Listings

Equity listings on the Nasdaq fell about 80 percent this year, as the appetite for new issues took a hit from extreme volatility in the stock market, sparked by the Federal Reserve’s war on inflation. A total of 156 companies listed their shares on the bourse this year, raising nearly $15 billion in initial public […]

Wall Street Slumps as Fed Heightens Recession Fears

U.S. stock indexes closed sharply lower on Thursday, with each of the major averages suffering their biggest daily percentage drop in weeks, as fears intensified that the Federal Reserve’s battle against inflation using aggressive interest rate hikes could lead to a recession. The U.S. central bank hiked rates by 50 basis points (bps) on Wednesday […]

U.S. Lawmakers Scramble to Regulate Crypto in Wake of Ftx Turmoil

U.S. senators on Wednesday pressed Congress to regulate cryptocurrency under existing financial rules, as lawmakers scramble to rein in the troubled industry after prosecutors filed criminal charges against FTX founder Samuel Bankman-Fried. Lawmakers are generally in agreement that crypto firms should have greater regulation, but there are divergent views on how the industry should be […]

Australia Takes Aim at Apple, Microsoft over Child Protection Online

An Australian regulator, after using new powers to make the tech giants share information about their methods, accused Apple Inc and Microsoft Corp not doing enough to stop child exploitation content on their platforms. The e-Safety Commissioner, an office set up to protect internet users, said that after sending legal demands for information to some […]

NASA to Conduct First Global Water Survey from Space

A NASA-led international satellite mission was set for blastoff from Southern California early on Thursday on a major Earth science project to conduct a comprehensive survey of the world’s oceans, lakes and rivers for the first time. Dubbed SWOT, short for Surface Water and Ocean Topography, the advanced radar satellite is designed to give scientists […]

Billionaire-Backed Kobold Metals to Invest in Zambia Copper Mine

California-based artificial intelligence exploration firm KoBold Metals is investing $150 million to develop a copper mine in Zambia, the company announced at the U.S.-Africa Leaders Summit in Washington, D.C., a win for Zambia’s president who has set an ambitious copper production target. The Mingomba project will be a joint venture with Australian private equity firm […]

Microsoft Targets Internet Expansion in Africa, Longer-Term Cloud Adoption

Microsoft Corp aims to secure internet access for 100 million more people in Africa by 2025, teaming up with a satellite provider and setting the stage for longer-term cloud adoption, its President Brad Smith told Reuters. The software maker has long pushed to bring more people online, playing the role of facilitator among telecoms and […]

Visa to Invest $1 Billion in Africa over 5 Years to Cash In on E-Payments Boom

Visa Inc plans to invest $1 billion over the next five years in Africa to capitalize on the emerging economy’s rapid growth in digital payments, the company said at the U.S.-Africa Leaders Summit on Wednesday. U.S. President Joe Biden is hosting dozens of African leaders for the three-day event, which started on Tuesday in Washington, […]

Most Successful Cloud Computing Use Cases in Telcos 

The application of cloud computing is unfettered and powerful in any sector, especially telecommunications. At its core, cloud computing is a set of hardware, networks, storage, services, and interfaces enabling the delivery of computing as a service. In addition, these services offer software, infrastructure, and storage delivery through the internet. Its characteristics can be summed […]