The spread of COVID-19 vaccines will power a stronger global economic recovery in 2021, the International Monetary Fund forecast Tuesday. After sinking 3.5% in 2020, the worst year since World War II, the global economy will grow 5.5% this year, the 190-country lending organization predicted. The new figure for 2021 is an upgrade from the […]
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German Deutsche Telekom and South Korean Samsung announced on Wednesday the successful completion of the first 5G Standalone (SA) trial in the city of Pilsen, Czech Republic. The two companies verified the performance of 5G SA Multi-User, Multiple-Input, Multiple-Output (MU-MIMO) technologies, demonstrating three times higher spectrum efficiency compared to LTE, a joint statement said. “Samsung […]
Regional Brazilian telecoms operator Sercomtel announced on Thursday that it will laying off 50 percent of its workforce in an attempt to ensure its continuity in the market, which is heavily burdened by debt. The mass layoff – which will see its current 456 staff members cut by half – is part of the telco’s […]
Disruptions are a welcome break in almost all the industries around the world; however, some disruptions can indeed be catastrophic, but as every coin has two sides, it also brings great opportunities. The digital disruptions brought by the global pandemic has created a difficult situation for a few but there are several institutions that took […]
Apple says it will roll out a new privacy control in the spring to prevent iPhone apps from secretly shadowing people. The delay in its anticipated rollout aims to placate Facebook and other digital services that depend on such data surveillance to help sell ads. Although Apple didn’t provide a specific date, the general timetable […]
Just when we thought we are on the losing side of the COVID-19 pandemic, a snowball effect was set in motion when the world first got wind of the what the Internet has dubbed the COVID-19 wonder drug – Ivermectin. While we still await a recognized effective treatment or vaccines for the pandemic, Ivermectin – […]
A lack of competition for Google and a lack of transparency in the digital advertising supply chain needed to be addressed because they were impacting publishers, advertisers and consumers, Australia’s competition watchdog said on Thursday. The Australian Competition and Consumer Commission released its interim report on its inquiry into the Google-dominated digital advertising services industry […]
Taiwan’s largest telecoms operator, Chunghwa Telecom, announced on Tuesday plans to drastically increase capital expenditures by a record high 82.8 percent to $1.5 billion for 2021, the company said. The plan – expected to raise revenues by one percent – will include accelerated deployment of its 5G networks, submarine cables, and data centers across the […]
While the novel COVID-19 pandemic took the world by storm early last year, UK telecoms operators were quick to respond to people who desperately needed to be connected online with initiatives amounting to £940m ($1.29 billion), a recent report stated. According to UK-based research firm Assembly Research, many telcos offered additional allowances of texts, calls […]
Many of Big Tech’s expected future regulatory challenges are a result of their own making – as in the case of Facebook, Google, and Amazon. These companies are being charged by some countries with monopolistic tendencies, prompting some of the regulators in states to send warnings to these firms so they can get their act […]