Search results for "2024"

DT closes Softbank deal as it eyes up U.S. telecoms market

In a labyrinthine deal of swapping, selling, and buying shares, Japanese conglomerate Softbank Group Corp. dropped the curtain on what could be a crowned deal, as it plans to own segments of Deutsche Telecom by selling units of its T-Mobile U.S. Inc. shares to the German telco. Deutsche Telekom (DT) has finally revealed plans to […]

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 […]

Global 5G infrastructure revenue to reach $19.1 billion in 2021

Worldwide 5G infrastructure revenue is expected to grow by 39 percent reaching $19.1 billion in 2021, up from $13.7 billion last year, according to a report published on Wednesday by U.S.- based research and advisory company, Gartner.   The report revealed that communications service providers (CSPs) in mature markets enhanced 5G development in 2020 and 2021, citing the pandemic as a reason for this increase.  “The COVID-19 pandemic spiked demand for optimized and ultrafast broadband connectivity to […]

What is WiFi 7? The next step in wireless evolution

The future belongs to those who seize it in the present, and the global race for better, faster, and more reliable connectivity that underpins modern society is no different. Even as Wi-Fi 6 began its commercial availability around 2019, work has already been underway to bring next gen WiFi into reality to accommodate our increasing […]

Major Thai telecom operator steps into bitcoin mining

Thailand-based mobile operator Jasmine Telecom Systems (JTS) announced last week its Bitcoin mining plans to become the largest miner in Southeast Asia by 2024.   The Thai telco, which is a subsidiary of telecom operator Jasmine International (JAS), aims to install 500 bitcoin mining machines at its Jastel Data Center during the third quarter of this year.  This step is considered rare, especially that several telcos are primarily interested in blockchain, yet few are concerned about cryptocurrency.  “Now is […]

Musk vs. Bezos: A rivalry reaching the moon

Two of the world’s high-profile tech geniuses, Elon Musk and Jeff Bezos, have been competing against each other over their respective space ambitions. Musk owns SpaceX, a space transportation company that was recently awarded by NASA a $2.9 billion contract to build the spacecraft in charge of helping astronauts travel down the lunar surface by […]

Intel reveals architecture roadmap, welcomes Qualcomm as new customer

In its greatest attempt to reclaim its chipmaking crown, Intel announced on Monday its new architecture roadmap during the company’s Accelerated webcast, unveiling the manufacturer’s strategy to refresh innovative naming schemes for future nodes.  Intel’s CEO Pat Gelsinger announced during the company’s Accelerated livestream webcast how the semiconductor company is planning to switch its branding plan to push for more semiconductor innovations.  The revelation incorporated broad strokes of its next-half decade […]

Elon musk's SpaceX will explore life outside earth

Elon Musk’s rockets and spacecraft company SpaceX has been officially chosen by NASA to explore one of Jupiter’s icy moons, Europa, to discover whether it can host conditions suitable for life.  All the way from Kennedy Space Center’s Launch Complex 39A, Elon Musk’s SpaceX will support NASA with the launch of a Falcon Heavy rocket for an award of $178 million. From there, the responsibility will shift solely on to Europa Clipper spacecraft […]

Stellantis: 98% of models to be electric or hybrid by 2025

Stellantis is a little late to the global electric vehicle party, but on Thursday it pledged to catch up and pass its competitors. CEO Carlos Tavares says that by 2025, 98% of its models in Europe and North America will have fully electric or plug-in gas-electric hybrid versions. He says the company that combined Fiat […]