Chinese computer manufacturer Lenovo Group suffered a 17 percent drop in stock value on Monday, following the company’s move to extract its application of a $2.1 billion listing in Hong Kong trading. The Hong Kong-based manufacturer announced the withdrawal news days after the application was accepted by the Shanghai Star Market. The company’s shares plunged […]
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Saudi Telecom Company (STC) and Swedish firm Ericsson announced on Wednesday plans to delve into potential sustainable initiatives to support the Saudi telco’s network infrastructure to highlight the Kingdom’s vision. “With this new MoU, we work yet again with Ericsson to push the ICT industry’s boundaries and focus on ensuring a sustainable, environmentally viable future,” […]
Facebook and its Instagram and WhatsApp platforms are back online after a massive global outage plunged the services and the businesses and people who rely on them into chaos for hours. Facebook said late Monday that “the root cause of this outage was a faulty configuration change” and that there is “no evidence that user […]
Outsiders have long profited from Africa’s riches of gold, diamonds, and even people. Digital resources have proven no different. Millions of internet addresses assigned to Africa have been waylaid, some fraudulently, including through insider machinations linked to a former top employee of the nonprofit that assigns the continent’s addresses. Instead of serving Africa’s internet development, many […]
The United States and the European Union agreed Wednesday to carry on the work of 10 expert-level panels to explore and recommend solutions to a variety of trade disputes and challenges. During the first of two days of trade and technology talks in Pittsburgh, they instructed the working groups to continue deliberations on matters ranging […]
Decentralization of technology is the typical trend in the modern day. Cloud based communications, additive manufacturing, and data driven decision making are all good examples. When it comes to cybersecurity however, the opposite might be the better way to go. That is why every organization worth it’s salt ought to invest in an SOC, Security Operations Center, to safeguard its operations. […]
As China sets the stage for its imperial influence on the market, representatives from Washington, and European Union (EU) will gather on Wednesday to address critical geopolitical, economic, and technological difficulties to fortify their alliance against Beijing’s determination of overtaking the digital market. As global forces suffer from a semiconductor shortage, the Trade and Technology […]
An executive of Chinese global communications giant Huawei Technologies returned from Canada Saturday night following a legal settlement that also saw the release of two Canadians held by China, potentially bringing closure to a nearly 3-year-long feud embroiling Ottawa, Beijing and Washington. Meng Wanzhou, Huawei’s chief financial officer and the daughter of the company’s founder, […]
A U.S. government committee that reviews foreign investment in telecom is probing videoconferencing company Zoom’s $14.7 billion deal for cloud call center company Five9. In an August filing with the Federal Communications Commission, the Justice Department, which chairs the committee, said it would review the deal “to determine whether this application poses a risk to […]
Indian operator Bharti Airtel publicized Monday its approach to fight climate change by reducing 50 percent of greenhouse gas (GHG) emissions spread across its complete network operations. India’s homegrown telco promised to fundamentally decrease its carbon footprint and emission from its operations to reach climate-sympathetic aims via multitudes of interventions to diminish the company’s role […]