Search results for "new ai"

Mastercard to abandon magnetic strip on cards by 2033

Mastercard announced on Thursday its plans to halt the issuance of cards with a magnetic strip by 2033.  The global financial firm will have strip-less debt and credit cards in Europe starting from 2024, and across the globe by 2033, Mastercard declared in a statement.   The company claimed that it will be the first payments network to phase out the technology, which dates to the 1960s.   “Magnetic strip is reaching its expiration date with […]

XL Axiata readies to launch 5G network in Indonesia

Indonesian operator XL Axiata announced on Thursday their receival of a 5G network operating license from the country’s Ministry of Communication and Information, the company said in a statement.   The announcement came after the local telco passed the required Operational Appropriate Test (ULO) that was carried out earlier this month to obtain its Operational Appropriate Certificate (SKLO).   “Today, we together welcome XL Axiata which has just received Operation Eligibility Certificate (SKLO) for […]

Moscow court fines Google for controversial material

A Moscow court penalized on Tuesday Alphabet Inc’s Google with a sum of $142,877 for violating the state’s rules on prohibited content, amidst the latest clash between Big Tech companies and the Russian state. The Tagansky District Court fined search engine titan Google with five independent fines of approximately $190,000 for not deleting content banned […]

Despite seizing power, Taliban is still banned from Facebook

The Taliban’s content will remain banned on Facebook, the company confirmed to Sky News on Tuesday, as the group is considered a dangerous terrorist organization under the site’s policies. The Taliban seized power over Afghanistan nearly 20 years after the U.S. war with the country ended. However, the organization is listed under a Specially Designated […]

Fed's Powell: There's no returning to pre-pandemic economy

Federal Reserve Chairman Jerome Powell said Tuesday that the U.S. economy has been permanently changed by the COVID pandemic and it is important that the central bank adapt to those changes. “We’re not simply going back to the economy that we had before the pandemic,” Powell said at a Fed virtual town hall for educators […]

Millennial Money: 3 things to do before you buy crypto

Investing in cryptocurrency can be as easy as a few taps on your phone, and with crypto all over the news and coming up in conversations with friends, it’s tempting to dive right in. However, depending on your financial situation and appetite for investing risk, crypto might not be an appropriate investment for you right […]

A1 acquires 5G spectrum for $16.59 million in Croatia

A1 Telekom Austria Group announced the purchase of a new 5G spectrum worth $16.59 million for its Croatian subsidiary A1 Croatia, after winning a public auction on Thursday.  Earlier last week, Croatia’s telecommunications regulator approved the bids placed by local mobile operators, Hrvatski Telekom (HT), A1, and Telemach in a public auction for allocation of national frequency licenses for 5G mobile networks.  A1, Hrvatski Telekom, and Telemach were awarded national licenses in […]

T-Mobile’s misleading statements help in Sprint merger

California regulators released on Friday a ruling addressing T-Mobile’s misrepresented declarations to the California Public Utilities Commission (CPUC) regarding the telecommunication operator’s grand vision for Sprint’s legacy CMDA network. It seems that U.S. operator, T-Mobile, has fabricated misleading information to government regulators concerning its 3G shutdown plans to gain approval of its merger with Sprint, […]

Intel’s ARC GPU to enter the gaming arena

Intel announced on Monday manufacturing plans for its brand-new consumer Graphical Programming Units (GPU) dubbed as Intel Arc, which will rival some of the biggest names in the industry with its modern high-end discreet GPUs. The chip manufacturer’s journey kicks off with innovative graphics solutions aiming to deliver high-performance gaming, engaging visuals, and consistent game streaming […]

Study: German emissions to grow by largest amount since 1990

Germany is forecast to slip back below the threshold it had set for cutting greenhouse gases by 2020, amid a post-pandemic recovery and unfavorable conditions for renewable energy, according to a report by an environmental think tank Sunday. Berlin-based Agora Energiewende examined data from the first half of 2021 to forecast that total emissions in […]