Search results for "IT"

U.S. Funds Projects on Tackling Waste from Advanced Nuclear Plants

The U.S. Energy Department on Thursday announced $36 million for projects addressing toxic waste expected to come from a new generation of nuclear reactors, plants the Biden administration sees as a crucial to fight climate change. The 11 projects, funded through the department’s ARPA-E program supporting energy research into high risk, but potentially transformational projects, […]

Blockchain and Machine Learning in Finance

The past decade has brought a much more enabled open space for technological inclusivity and security business networks. The reduced costs for the public to further benefit from the financial sector came, including the banking sector. The incorporation of technology with digital security and financial customization gave birth to what is today known as “financial […]

Deutsche Bank to Wind Down in Russia, Reversing Course After Backlash

Deutsche Bank, which faced stinging criticism from some investors and politicians for its ongoing ties to Russia, said on Friday in a surprise move that it would wind down its business in the country. Deutsche joins the ranks of Goldman Sachs and JPMorgan Chase, which were the first major U.S. banks to exit after Moscow’s […]

China's Tencent Faces Possible Record Fine for Anti-Money-Laundering Violations - WSJ

Tencent Holdings Ltd is facing a potential fine, which could be at least hundreds of millions of yuan, for violating some central bank regulations on its WeChat Pay mobile network, the Wall Street Journal reported on Monday, citing people familiar with the matter. Financial regulators recently found that WeChat Pay had broken China’s anti-money-laundering rules […]

Orchestrating Multicloud: Implementing a Strategy that Works

VMWare Principal Partner and Africa’s only neutral cloud infrastructure business, Routed, says implementing a workable multicloud strategy hinges on a business properly assessing applications within its current infrastructure environment to decide which cloud is ideal for each of its applications. “This should be balanced against the ability to provide fault tolerance for each application across […]

EBRD Concerned about Chernobyl Nuclear Plant Amid Ukrainian Warnings

The European Bank for Reconstruction and Development expressed concern about the situation at Ukraine’s Chernobyl nuclear power plant on Friday following its takeover by Russian forces and a problem with its power supply. EBRD concerned about Chernobyl nuclear plant amid Ukrainian warningsLVIV, Ukraine (Reuters) – The European Bank for Reconstruction and Development expressed concern about […]

Keysight Delivers Significant Enhancements to 5G Network Emulation Solution Platform Accelerating Development of 3GPP Rel-16/17 Device Designs

Enables chipset and device makers to launch advanced 5G features quickly and confidently Keysight Technologies, a leading technology company that delivers advanced design and validation solutions to help accelerate innovation to connect and secure the world, has delivered a range of enhancements to the company’s 5G Network Emulation Solution that support the latest 3GPP Rel-15/16/17 features, and […]

Bharat Biotech Says No Impact of Russia-Ukraine Conflict on Supply Chains

Indian vaccine maker Bharat Biotech said on Friday the Russia-Ukraine conflict had not impacted the company’s supply chains so far. Unlike several Western companies including McDonald’s, Microsoft, Coca-Cola and Starbucks that have stopped sales or operations in Russia, no Indian company has publicly withdrawn from the region. A few Indian pharmaceutical companies have a presence […]

Crypto Industry on Defensive as Ukraine Crisis Spotlights Russia Sanctions Compliance

Cryptocurrency evangelists are on the defensive amid warnings from U.S. and European lawmakers that digital asset companies are not up to the task of complying with Western sanctions imposed on Russia following the country’s invasion of Ukraine. The criticism has seen the crypto industry scrambling to regain control of the narrative, with many executives frustrated […]