Search results for "IT"

Cameroon’s MTN set plans to launch 5G

MTN Cameroon appealed for a license to deploy and operate a trial for 5G networks from the country’s Telecommunications Regulatory Board, aiming to provide Cameroonians entry to more modernized uses of information technologies, Business in Cameroon reports. Local media reported that the subsidiary of the South African telecommunications company MTN Group, MTN Cameroon (MTNC), has […]

Recent NFT scam takes an unexpected turn of events

NFT scam stories are everywhere, but this one surely stands out. A crypto investor under the name of “Pranksy” paid more than $300,000 in Ethereum for an NFT from a user claiming to be Banksy, a popular England-based street artist and political activist. In a now-deleted page, the NFT art initially appeared on Banksy’s official […]

Parasat Cable TV taps Harmonic for broadband operations upgrade in Philippines

Philippines operator Parasat Cable TV has selected Harmonic’s CableOS Cloud-Native Core Platform to modernize its broadband operations. Harmonic is expected to enable Parasat Cable TV to expand broadband capacity and bring internet access to subscribers. The Cable TV is replacing a legacy and proprietary Huawei Remote MAC-PHY with Harmonic’s standards-based DAA that includes the CableOS […]

South Korea bans Google, Apple payment monopolies

South Korea’s National Assembly approved legislation on Tuesday that bans app store operators such as Google and Apple from forcing developers to use their in-app payment systems. South Korea is reportedly the first country in the world to pass such a bill, which becomes law when it is signed by the president, whose party has […]

Google to invest $1.2B in Germany cloud computing program

Google said Tuesday that it is investing 1 billion euros ($1.2 billion) by 2030 to expand its cloud computing infrastructure in Germany and to increase the use of renewable energy. The internet giant said it plans to add new cloud computing centers in the Berlin region and in the town of Hanau, close to the […]

Apple acquires classical music streaming service Primephonic

Apple announced on Monday its acquisition of Primephonic, a service that specializes in streaming classical music, without disclosing the financial terms of the deal. Apple considered this step will significantly improve classical music experience, as the U.S.-based giant aims to incorporate the service’s functionality and playlists into Apple Music. The Big Tech company explained that […]

Zoom reaches first billion-dollar quarterly revenue

U.S.-based videoconferencing platform Zoom revealed on Monday that its Q2 revenue surpassed $1 billion, the first time in the company’s history. In its financial report, the firm recorded in its second quarter of fiscal year 2022 (FY2022) announced that its quarterly revenue amounted $1.021.5 million, which represents an increase of 54 percent YoY. “In Q2, […]

PayPal might introduce stock-trading for U.S. customers

PayPal will reportedly host stock-trading on its platform for U.S. customers, as the American financial tech company welcomed a brokerage industry veteran to manage the new feature, cited by CNBC. Rich Hagen, the co-founder and former president of brokerage Ally Invest, is now Paypal’s chief executive officer of an undisclosed department called “Invest,” according to his LinkedIn profile.  Hagen’s current job description showcases that the San Jose, California-based company is working on “exploring opportunities” in the consumer investment […]

Billionaire John Paulson bets against cryptocurrency’s climb

Billionaire investor, John Paulson, is setting his bets against cryptocurrency, predicting the crypto market’s vacant financial fantasy is bound to collapse as it will “go to zero,” as he gives gold the knighthood of a “safe haven.”  Since digital coins are the desired novelty of this era, from the looks of it, cryptocurrency will stand its ground as […]

High-tech gaming options are coming to Google’s Chrome

For the past decade, Google Chrome has embedded itself as the default platform option for the majority of users. However, to Google, Chrome isn’t just a means of viewing websites, it’s the nexus to rapidly advancing tech tools, including gaming.  Google’s Chrome recently launched an updated beta version of Chrome called Beta 94, armed with advanced web standards that’ll transform the browser-based […]