Search results for "X"

Taiwan telcos surpass 1 million 5G subscribers

Taiwan has onboarded more than one million 5G subscribers, six months after the country’s rollout of 5G commercial services by its plethora of carriers, industry statistics highlighted. The small East Asian country began distribution of its first 5G wave back in June 2020, with Chunghwa Telecom being the first to rollout fifth generation services in […]

FAA outlines new rules for drones and their operators

Federal officials say they will allow operators to fly small drones over people and at night, potentially giving a boost to commercial use of the machines. Most drones will need to be equipped so they can be identified remotely by law enforcement officials. The final rules announced Monday by the Federal Aviation Administration “get us […]

Are CBDCs the future of monetary systems?

The world is becoming more and more digital as time passes, with finance services championing this transformation, especially with the increasing demand of contactless digital payments swooping in, as the global Covid-19 pandemic magnifies our need for them. Many central banks around the world are looking to create their own digital currencies (CBDC) to spearhead […]

STC, Alibaba Group announce cloud services deal

State-owned Saudi Telecom Company (STC) announced a $500 million partnership deal with venture capital fund eWTP Arabia Capital, and Alibaba Cloud to provide high-performance public cloud services in the Kingdom. Alibaba Cloud, which is the digital technology and intelligence backbone of Alibaba Group, considers KSA as a strategic market for its operations in the GCC […]

Foldit, the protein puzzle game that may help COVID-19 research

The functionality of video games has long been expanding beyond just entertainment and storytelling for a while now. Gamification in medical treatment, education and training, and therapy are becoming increasingly commonplace. Researchers from University of Washington’s Institute for Protein Design are using a free online protein puzzle game called Foldit to figure out how to block […]

From Zoom to Quibi, the tech winners and losers of 2020

We streamed, we Zoomed, we ordered groceries and houseplants online, we created virtual villages while navigating laptop shortages to work and learn from home. In many ways, 2020’s pandemic-induced isolation threw our dependence on technology into overdrive, snipping away at our real-life connections while bringing digital relationships to the fore. But for every life-changing Zoom, […]

Is Blockchain-powered FinTech the future of finance?

Imagine yourself as a bank executive, competing against a global, multi-service, low-cost, digital bank; customers checking their accounts via smartphones, paying bills or transferring money with a swipe of finger. An AI-powered engine allows them to play around with their ETF portfolios with absolutely no fees, or cross-border payments. Take a moment to consider facing […]

Follow-up: Vaccine Passport

Following the rollout of several vaccines around the world, the once lost idea of traveling, going to the movies and concerts, and in-store shopping – is being currently revived with the development of a vaccine passport application. Companies and technology groups already started developing systems and smartphone apps that permit users to upload their coronavirus […]

Nokia wins 5G deal with Thailand’s dtac

Thailand’s dtac has selected Finnish telecoms company Nokia as its 5G RAN partner, ensuring that the company’s network performance is 5G-ready, with deployment expected to start later in the year with completion forecasted by 2022. Nokia has been in Thailand for over 30 years with the deployment of 2G, 3G and 4G networks and will […]

Chinese regulators order Ant Group to rectify its businesses

Chinese regulators have ordered Ant Group, the world’s largest financial technology company, to rectify its businesses and comply with regulatory requirements amid increased scrutiny of anti-monopoly practices in the country’s internet sector. The People’s Bank of China, the country’s central bank, summoned Ant executives on Saturday and ordered them to formulate a rectification plan and […]