Swedish telecom kit provider Ericsson was awarded on Monday the Best 5G Core Technology (Vendor) category for its dual mode 5G Core technology at the 5G Middle East and North Africa (MENA) 2021 Digital Symposium virtual awards ceremony. The award recognizes the best core network solution that is enabling network transformation or a new service […]
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Federal Reserve Chair Jerome Powell said Monday that the U.S. public needs to understand the risks behind Bitcoin and other cryptocurrencies, even as the central bank itself is studying the potential costs and benefits of a digital dollar. Powell said the Fed prefers to call crypto coins “crypto assets,” because their volatility undermines their ability […]
Japan’s top telecommunications company is getting 7.3 billion yen — about $67 million — in taxpayer money to design mobile tracking software to curb the spread of coronavirus infections during the Tokyo Olympics. There’s one catch: Few Olympic fans from abroad will be around to use it. Tokyo Olympic organizers and the IOC on Saturday […]
Facebook says it is working on a version of its Instagram app for kids under 13, who are technically not allowed to use the app in its current form due to federal privacy regulations. The company confirmed an earlier report by Buzzfeed News on Friday, saying it is “exploring a parent-controlled experience” on Instagram. The […]
AstraZeneca’s COVID-19 vaccine provided strong protection against sickness and eliminated hospitalizations and deaths from the disease across all age groups in a late-stage study in the United States, the company announced Monday. AstraZeneca said its experts did not identify any safety concerns related to the vaccine, including finding no increased risk of rare blood clots […]
The cyberattack crested just as finance officials from across Latin America were descending on Washington to commemorate the 60th anniversary of the Inter-American Development Bank. On Sept. 24, 2019, requests from more than 15,000 internet addresses throughout China flooded the bank’s website, knocking part of it intermittently offline. To unclog the network, the bank took […]
The popular South by Southwest cultural event, a virtual gathering this year, has announced the winner of the Pitch Event, as part of the SXSW Online digital event, with innovative recipients ranging from AI to wearable startups. “Now in our 13th year of programming, Pitch continues to showcase the best technology from around the world, […]
Singapore-based OCBC Bank announced on Thursday that they have enabled facial biometric verification on several of their ATMs across the country, eliminating the need to carry ATM cards, which can be skimmed or stolen. According to the bank, the first transaction which can be performed using face verification on OCBC Bank ATMs is account balance […]
China’s government on Thursday called on Washington to drop efforts to expel three state-owned Chinese phone companies from the United States in a new clash over technology and security. The Federal Communications Commission voted Wednesday to begin revoking the companies’ U.S. licenses. It said they are security risks controlled by the communist Beijing government. The […]
Chinese authorities summoned 11 companies including Alibaba and Tencent for talks regarding the security of voice software, as Beijing steps up scrutiny over the internet sector. The internet watchdog the Cyberspace Administration of China said Thursday that the talks were about security assessments of technology used in voice-based social media and deepfake technology that can […]