A Japanese Telecoms company has agreed to invest a staggering $50 billion in business and job creation in the United States - following a deal which was brokered by incoming US president, Donal Trump. The president elect triumphantly told the assembled media in the lobby of Trump Tower, New York, that SoftBank had agreed to invest $50 billion in the United States which would create 50,000 jobs over the next four years. Since that deal was officially announced by SoftBank,…
Russia’s FSB security service announced in a statement on Friday, December 2, that it had received intelligence about “plans by foreign secret services to carry out large-scale cyber-attacks from December 5.” The plans, it said, were aimed at “destabilizing Russia’s financial system including the activities of a number of major banks.” FSB is reportedly working to neutralize the threat. In November, Moscow-based security giant Kaspersky announced that a massive cyber-attack had penetrated at least five of Russia’s largest banks. Those…
A Chinese company’s attempt to purchase a German technology firm that specializes in the semiconductor industry has been blocked by the US Treasury. A review conducted by the Committee on Foreign Investment in the USA - which is chaired by out-going US President Barack Obama, found the potential takeover posed too many risks to national security. It was able to block the purchase of German technology company Aixtron by blocking the inclusion of Aixtron’s US business in the proposed deal.…

World Bank to fund submarine link to Fiji’s second island

Written on Sunday, 04 December 2016 07:29
Fiji’s The World Bank has approved $US5.95 million loan funding to support the construction of a new submarine cable to connect the existing Southern Cross submarine cable network to Vanua Levu, Fiji’s second most populated island 150 kilometers north of the capital, Suva on the main island of Viti Levu. The money is expected to cover the design, supply and installation of a 95-kilometer submarine fiber-optic cable; construction of the cable landing station in Savusavu; purchase of internet capacity; and…
US tech company Uber is fighting a legal battle following a decision by a Spanish judge in 2015 to ban the company from operating in the country. He referred the case to the European Court of Justice at the time to decide how to define Uber’s service. At the core of the European Court case is whether or not Uber can be defined as a transportation company or a digital platform. The American company, which has its HQ in San…

Europol close down 4,500 websites selling fake brands online

Written on Tuesday, 29 November 2016 08:43
Europol have seized the domains of 4,500 websites after they discovered that they were peddling fake brands and products to consumers online. The massive crackdown saw Europol work closely with police and law enforcement officials all over Europe in their attempts to close websites guilty of engaging in mass fraud. It was established that the websites were trading in counterfeit goods and that thousands of people had been duped by the elaborate scam across a series of regions in Europe.…
The Finnish capital of Helsinki has launched its autonomous transportation system as self-driving buses take to the streets of the innovative smart city. French company Easy-Mile have developed the small electric buses which can transport up to nine passengers at speeds of up to 25mph – although it has been confirmed that they’ve been restricted to 7mph during their trial period. Two buses designed by the French company began travelling the roads of Helsinki this week in real traffic, and…
In the United States, almost 7,000 children committed suicide using a gun from 199 to 2014. Meanwhile, thousands of people are killed every year with “misappropriated” guns. In a bid to end this colossal loss of life from guns, the concept of ‘smart guns’ has emerged: guns equipped with fingerprint scanners, radio frequency chips or other technology that could block anyone but the owner from using it. The New York Times recently reported that the U.S. Department of Justice issued…
A number of major US technology companies suffered a drastic decline in its stocks following the presidential election of Donald Trump – and are now quite fearful for the future under his administration. During the election campaign close to 150 tech leaders including founders of worldwide brands such as Apple, Reddit and Wikipedia penned an open letter in July - in which it warned that his nomination would be a ‘disaster for innovation.’ However, the controversial Republican candidate and New…
Facebook has specifically developed a censorship tool in order to try and force its way back into China. The social network empire was banned in China following the violence that broke out in Urumqi in July, 2009. The Chinese government took the decision to ban Facebook – after they established that many Xinjiang independence activists were using the social network to organise other activists. There was also a theory or belief on the ground in China that Facebook would not…

GSMA launches Mobile World Congress Shanghai 2017

Written on Wednesday, 23 November 2016 08:46
The GSMA announced the first details of the 2017 GSMA Mobile World Congress Shanghai, including confirmed exhibitors and sponsors, as well as a range of programs and activities taking place at the annual mobile industry event. Under the theme of “The Human Element”, Mobile World Congress Shanghai will be held from Wednesday, 28 June through Saturday, 1 July 2017 at the Shanghai New International Expo Centre (SNIEC). The GSMA expects that more than 65,000 attendees will participate in the Shanghai…
The beautiful region of Singapore has always been a place that has the intrinsic ability to blend both tradition and modernity. It has always braced modernity - and just over two years ago government officials announced their proposals for a program which was entitled Smart Nation. The ambitious project was designed in order to fasten the city, residents and government into a new digital age of innovation and industry. Singapore is making the bold transition from a successful city to…
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