Singapore-based OCBC Bank announced on Thursday that they have enabled facial biometric verification on several of their ATMs across the country, eliminating the need to carry ATM cards, which can be skimmed or stolen. According to the bank, the first transaction which can be performed using face verification on OCBC Bank ATMs is account balance […]
Inside Telecom
On Feb. 4, Tim Wu, prominent, progressive attorney, sent his last tweet as a private citizen; the next day, the White House announced its decision to place Wu in the National Economic Council (NEC), one of two key advisory boards to President Joe Biden. While Wu has been on board over a month, none of […]
In an attempt to flex its technological muscles, Chinese telecom titan Huawei released a white paper on Tuesday highlighting its commitment to R&D and intellectual property. The white paper – which was unveiled during the Forum on Innovation and IP Prospects in 2021 and Beyond, held at the company’s Shenzhen headquarters – focused on Huawei’s […]
Cybersecurity researchers at U.S.-based security firm McAfee uncovered Tuesday a cyber espionage campaign targeting telcos around the world attempting to steal 5G technology secrets. According to the McAfee, the hacker campaign – dubbed Operation Dianxun and originating from China – was done using malicious downloads to steal sensitive 5G data from compromised victims, primarily telecoms […]
We are excited to announce that the European Union co-funded UNDP – CEDRO 5 project, is taking an additional step to support Lebanon’s Clean Energy Transition, by joining forces with Nucleus Ventures in their upcoming program, the Energy Innovation Hub. The programme offers startups and SMEs access to funding to elevate ideas off the ground, […]
Facebook announced Monday plans to assist in informing the public about COVID-19 vaccine options, vaccinations sites, and related information, using a vaccine finder tool and other features. “We’re launching a global campaign to help bring 50 million people a step closer to getting COVID-19 vaccines,” said Mark Zuckerberg, company founder and CEO, in a press […]
Six in ten Americans report that the COVID-19 pandemic year has permanently changed their spending and shopping habits, according to a new survey commissioned by shopping platform Slickdeals. The survey of 2,000 general population Americans examined pandemic shopping, spending, and saving trends and revealed that 2020 has forever affected how 60 percent of shoppers budget […]
Clubhouse, the growing social media conglomerate that also encompasses a digital studio subsidiary, software division, and an worldwide network of professionally operated content and influencer houses, announced this week its new content Creator advisory panel—a first for the industry. The seven-member committee will be composed of professionals across various sectors, including peer influencers, Clubhouse executives […]
What was innovative yesterday is already obsolete by tomorrow. This is more true now than ever in the era of the pandemic which, in many cases, intensifies and accelerates this process. The speed of development is and will always remain high in the telecommunications industry. And here it is clear: COVID-19 is challenging for the […]
The inventor of the cassette tape, Lou (Lodewijk Frederik) Ottens, has passed away at the age of 94, his family confirmed to news media. As much as the world has lived with game-changing new technologies over the last several decades, at the time of its invention, over 50 years ago, the cassette greatly changed the […]