Search results for "IT"

WhatsApp payment service in Brazil suspended after one week

On June 15, 2020, WhatsApp launched digital payment in Brazil- the second largest market for the messaging app. A month prior to its launch, WhatsApp started a small test of the service. Unfortunately, Brazilians did not have plenty of time to enjoy the service as it was shut down a week after it has been […]

Singapore IMDA issues three licenses for 5G network

Despite the Covid-19 pandemic, the 5G rollout in Singapore is still on track. “It’s a long-term investment that reflects the confidence of Telecom in the economy. We’re talking about a license for 15 years, so it’s not about today, or tomorrow, or even next year” said S Iswaran, Minister for Communications. On June 24, 2020, […]

SoftBank's Son leaves Alibaba board following Ma's departure

TOKYO (AP) — Masayoshi Son, the chief executive of Japanese technology company SoftBank Group Corp., said Thursday that he is stepping down from the board of Chinese e-commerce giant Alibaba. Son announced the change at the end of SoftBank’s general shareholders’ meeting. He emphasized that the decision was a “happy” one and did not reflect […]

Ericsson wins first 5G deal in Croatia

Croatia’s communication service provider Hrvatski Telekom (HT) has selected Ericsson as its sole supplier of 5G Radio Access Network (RAN) products and services until 2024. This move will place Croatia in accordance with the EU’s 5G Action Plan, issued in 2016. In fact, Hrvatski Telekom aims to boost digitalization and Industry 4.0 through the innovation […]

Three new anti-coronavirus face masks to the rescue

Anti-coronavirus face masks have been in development by numerous companies around the world, each using different techniques. Although current evidence for the effectiveness of masks against viruses carries many uncertainties, people are not leaving home without one. Studies have showed however that wearing masks does reduce the risk of infection. It prevents one from touching […]

Mercedes, NVIDIA to develop new automated driving system

DETROIT (AP) — Four days after shelving an autonomous vehicle agreement with BMW, Mercedes has announced a deal to work with chip and software maker NVIDIA. The companies said Tuesday that the two will create a computing and artificial intelligence system for automated driving. It will be rolled out starting in 2024 in the next […]

Telecom companies leverage IoT

In an attempt to simplify the IoT world, Deutsche Telekom is branching out its Internet of Things unit and launching what it has called the “world’s first open platform” for IoT. The German operator giant is going to create a totally separate business, Deutsche Telekom IoT GmbH, on 1 July: It will then launch an open, […]

Mobile Money Market Insights

The global mobile money market is expected to witness a CAGR of 21.4% during the forecast period of 2020 to 2030, according to a new research report released by FMI. Quick turn made by some of high potential economies with limited digital financial inclusion among masses to digitize payments has been a key enabler for mobile money. […]

Educational technology bolsters the MedTech industry

Educational technology offers useful tools to promote learning. Even before the pandemic, classrooms and offices adopted digital tools to aid and reinforce their communication. However, in a relatively short period, these technologies have evolved and found greater purpose. An ILE, or Interactive Learning Environment, is a system built in software, and sometimes with specialized hardware, […]

IoT an essential tool for enhancing public safety

Internet of things (IoT) refers to billions of devices that are connected to the internet. These devices have the ability to transfer data without human-to-human or human-to-computer interactions. According to Bain & Company, the combined markets of the Internet of Things will grow to about $520 billion in 2021. This technology has now infiltrated into […]