The number of eSIMs installed in connected devices globally will increase from 1.2 billion to 3.4 billion in 2025, representing a growth of 180 percent, mainly driven by adoption from tech powerhouses such as Apple and Google, reported a new study by UK-based market research company Juniper Research. According to the forecast, independently assessed eSIM […]
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Swiss bank Credit Suisse said Monday it may have suffered a “highly significant” loss from a default by a U.S.-based hedge fund on margin calls that it and other banks made last week, while Japan’s Nomura said it could face a loss of $2 billion due to an event with a U.S. client. Credit Suisse […]
Executives from U.S. telecoms provider AT&T and Swedish Ericsson have been announced as The Next G Alliance’s chair and vice chair respectively following an election conducted by the Alliance for Telecommunications Industry Solutions (ATIS). According to a statement by ATIS, Andre Fuetsch, Executive Vice President & Chief Technology Officer, AT&T, has been named chair of […]
New York state Sen. Michael Gianaris was ecstatic when Amazon named Long Island City in 2018 as a front-runner for its new headquarters, a project that would bring 25,000 jobs and $2.5 billion in construction spending to his district in Queens. But his support faded quickly when he learned that state and city leaders had […]
Norwegian telecoms provider Telenor Group announced late last week that it will be unifying its Internet of Things (IoT) services across the Nordic region and internationally, placing them under one large portfolio. “Effective immediately, Telenor IoT will be offered from all Telenor business channels in the Nordics, and internationally by Telenor Connexion and through selected […]
On March 4, 2020, when there were just 84 confirmed cases of COVID-19 in the U.K., professor Sharon Peacock recognized that the country needed to expand its capacity to analyze the genetic makeup of the virus. The Cambridge University microbiologist understood that genomic sequencing would be crucial in tracking the disease, controlling outbreaks and developing […]
2020 was a record year for the global wind power industry, but a new report published by GWEC warns that the world needs to install new wind power capacity three times faster over the next decade to achieve global climate targets. Last year was a high point in history for the global wind industry with […]
Uncertainty about demand for office space in a global pandemic is a big risk that investors will have to weigh as WeWork makes a second run at a public stock offering. A year after the novel coronavirus turned office towers into ghost towns worldwide, the embattled communal work space company said Friday it would merge […]
Adding to Clubhouse’s group of creatives, the company signed a deal with the Dobre Brothers which increases the platform’s social reach to 280 million. Clubhouse officially signed the Dobre Brothers, a family of content creators with a global social media following, according to a March 24 media release. The collaboration will officially launch with the […]
It took a few minutes for Vignesh Sundaresan and Anand Venkateswaran to realize that they’d parted with $69.3 million for a digital artwork stored in a JPEG file, coincidentally securing their place in art history. “We weren’t sure we won,” said Venkateswaran, describing the nerve-racking final moments of the online auction for a collage of […]