Indonesia plans to move the regulation, supervision and oversight of cryptocurrency investments to the Financial Service Authority (OJK) to better protect investors, its finance minister said on Thursday. Currently, the Trade Ministry and the Commodity Futures Trading Regulatory Agency jointly oversee cryptocurrency in Southeast Asia’s largest economy, where there has been a boom in such […]
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Meta Platforms Inc on Wednesday became the latest U.S. company to cut jobs to rein in costs amid tightening monetary policy and growing fears of a recession. Job cuts announced by U.S.-based employers jumped 13 percent to 33,843 in October, the highest since February 2021, a report said. Here are some of the major job […]
5G networks are still rolling out globally. Many regions still operate using 4G and, in some cases, 3G networks. It might seem a bit early to talk about 6G networks when you factor in that not everyone uses 5G. In hindsight, technology strives to push the envelope. 6G vision for 2030 will take time to […]
Crypto giant Binance signed a nonbinding agreement on Tuesday to buy FTX’s non-U.S. unit to help cover a “liquidity crunch” at the rival exchange, in a stunning bailout that raised fresh concerns among investors about cryptocurrencies. The deal between high-profile rivals Sam Bankman-Fried, FTX’s CEO, and Binance CEO Changpeng Zhao came as speculation about FTX’s […]
Taiwan Semiconductor Manufacturing Co Ltd is preparing for another multibillion-dollar factory investment in Arizona in the United States, the Wall Street Journal reported on Wednesday, citing sources. TSMC, a major Apple Inc supplier and the world’s largest contract chipmaker, plans to announce in the coming months that it will build a cutting-edge semiconductor plant north […]
Microsoft released Windows 11, their latest operating system (OS), a year ago. In September 2022, however, they introduced a new free update, Windows 11 22h2. This update constitutes the first significant update of the new generation of Windows. It introduced a new set of features, enhancing security, productivity, and overall user experience. The new update […]
EEG Chairperson Habiba Marashi inaugurates ‘CarbonTek’, a new online tool which measures & analyses carbon emissions and supports businesses towards net zero Dubai, United Arab Emirates, 08 November 2022: Leading UAE-based smart and green FM company Farnek has launched a state-of-the-art online carbon footprint calculation tool, ‘CarbonTek’ which can measure and analyse carbon emissions and identify carbon […]
Dubai, UAE, November 9, 2022: Arthur D. Little (ADL) has published “The Metaverse: What’s In It For Telcos?” exploring how telcos can capture value by leveraging the metaverse. Metaverse represents a major new market for telcos with early estimates of the overall size of the Metaverse opportunity to be around $13 trillion by 2030. For example, Ericsson […]
The cryptocurrency industry has spent millions of dollars on U.S. midterm election races during a year of heavy losses and upheaval in the sector, which hopes to gain sway among legislators as Congress debates tighter regulation of digital assets. Crypto evangelists view 2023 as a critical year for regulation, with Congress expected to make progress […]
Johannesburg, South Africa – 9 November 2022: NAPAfrica, the continent’s largest internet exchange point (IXP), celebrates its ten-year anniversary this month. This is largely thanks to the continuous support of loyal members and a like-minded community seeking to play a pivotal role in transforming Africa’s internet access and interconnection. Established in 2012 and running from […]