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India withdraws a Personal Data Protection bill that concerned tech giants

Indias government has withdrawn its longawaited Personal Data Protection Bill that drew scrutiny from several privacy advocates and tech giants.The mo

Indias government has withdrawn its longawaited Personal Data Protection Bill that drew scrutiny from several privacy advocates and tech giants.The move came as a surprise as lawmakers recently said a bill introduced in 2019 could soon see the light of day. The government will now work on a comprehensive legal framework and present a new bill, an official said. Indias IT Minister Ashwini Vaishnaw has proposed to withdraw The Personal Data Protection Bill, 2019 and present a new bill that fits into the comprehensive legal framework. The bill drew criticism from many industry stakeholders after it mandated that companies may only store certain categories of sensitive and critical data.Indias privacy bill should be put up for public consultation and not junked altogether, says Nikhil Pahwa, editor of MediaNama, in a series of posts on Twitter. The JPC did not include many key civil society actors.Government has already made a mess with IT Rules 2021 and CERTin directions. Read More..

B2B Tech News | 2 years ago          

5G technology is necessary to remain competitive in the Latin American region

Looking at the global 5G deployment numbers, we can see what Latin America needs to do to catch up with other regions. By 2025, around 14% of global m

Looking at the global 5G deployment numbers, we can see what Latin America needs to do to catch up with other regions. By 2025, around 14% of global mobile network connections will be over 5G technology, with only 7% in Latin America. This is because operators have focused on migrating 2G and 3G customers to 4G networks. Much of the 5G rollout will depend on investment in infrastructure and new equipment to support increased demand. According to McKinseys analysis, 5G will improve network performance by at least 10 times in Advanced Mobile Broadband EMBB, Ultra Reliable Low Latency Communication URLLC, and Mass Communication Machine Type MMTC. Latin Americas six largest economies are expected to invest a total of $120 billion to integrate 5G networks across the region. Read More..

B2B Tech News | 2 years ago          

Great Panther has completed the sale of the Guanajuato mining complex and the Topia mine in Mexico

The Guanajuato Mine Complex the GMC, the Topia mine, and the El Horcón and Santa Rosa projects are all owned by the Companys Mexican subsidiary, Mine

The Guanajuato Mine Complex the GMC, the Topia mine, and the El Horcón and Santa Rosa projects are all owned by the Companys Mexican subsidiary, Minera Mexicana El Rosario S.A. de C.V. MMR. The sale of MMR has been completed. Great Panther Minerals Metals Ltd. MMR shares were sold for US$3,450,000 and the proceeds were used to pay off all outstanding debt. Following the release of Samsung C&T U.K. Ltd.s security interest in the shares, GSilver took over all of the companys liabilities. Read More..

B2B Tech News | 2 years ago          

Telstra will deregister every site in the 900 MHz band

The Australian Competition and Consumer Commission ACCC has taken action against Telstra for spectrum hoarding. Previously, the 900MHz spectrum was us

The Australian Competition and Consumer Commission ACCC has taken action against Telstra for spectrum hoarding. Previously, the 900MHz spectrum was used to prevent Optus from rolling out 5G networks. Telstra has agreed to remove the barrier those registrations impose on Optus, allowing more Australians to access 5G services. Telstra has agreed to an undertaking with the Australian Competition and Consumer Commission ACCC over its registration of 315 radio communications sites in the 900 MHz band, which it knew was crucial to Optus 5G rollout plan. The ACCC says that Telstras registration of these sites had the substantial purpose or likely effect of preventing or hindering Optus from deploying its 5G network. Optus secured all of the 900MHz spectrum offered through the ACMAs spectrum auction in 2021, but Telstra applied for the remaining 315 sites. The ACCC has decided to give priority to the first applicant in the event of conflicting license applications Early Access License and Lega Read More..

B2B Tech News | 2 years ago          

Umba purchases a 66.6 percent stake in Daraja, a Kenyan microlender

During April month, Umba raised $15 million in a Series A funding round led by VC firm Costanoa Ventures. The CBK believes the investment by Umba will

During April month, Umba raised $15 million in a Series A funding round led by VC firm Costanoa Ventures. The CBK believes the investment by Umba will strengthen Darajas business model with a particular focus on its digitalization efforts as it looks to provide anytime, anywhere services to its customers. Daraja Microfinance, Umba BankingTech, FinTech, LendTech News Africa, Kenya, Nigeria The company said at the time it would be looking to expand into Egypt, Ghana, and Kenya following the raise. Read More..

B2B Tech News | 2 years ago          

Tutanota accuses Microsoft Teams of violating antitrust laws by preventing its email users from signing up

Microsoft called out for blocking Tutanota users from registering with its Teams platform. Users have to enter a nonTutanota email address to register

Microsoft called out for blocking Tutanota users from registering with its Teams platform. Users have to enter a nonTutanota email address to register with the cloudbased platform. Tutanotas cofounder Matthias Pfau calls Microsofts behavior severe anticompetitive practice. Tutanota, the company behind encrypted email client Tutatnota, says Microsofts refusal to reclassify its domain name as a Microsoft Teams vanity account is just one example of how Microsoft can and does abuse its dominant market position to harm competitors. Microsoft has dismissed Tutanotas complaint that its Teams platform was blocked by AT&T and Comcast. EUs Digital Markets Act DMA will set up front rules for the most powerful platforms. Cloud services are in the scope of the DMA, which also includes a requirement that core platform services must apply fair and nondiscriminatory general conditions of access. Read More..

B2B Tech News | 2 years ago          

Global Markets Roundup US Futures Rise Amid Falling Stocks and Falling Oil in Asia

Asian shares rose alongside US futures on Friday. It was as tech stocks rallied and investors took comfort in the companys performance. MSCI Inc. Asia

Asian shares rose alongside US futures on Friday. It was as tech stocks rallied and investors took comfort in the companys performance. MSCI Inc. Asia Pacific Stock Index. rose about 0.5%, with Japan, China, and Hong Kong in the green. The S&P 500, Nasdaq 100, and European futures all rose after the S&P 500 was mostly unchanged. The dollar increased Treasuries held steady, holding the 10year yield at around 2.68%. The Bank of England announced its greatest interest rate hike in 27 years and warned of a protracted recession. Global stock indexes posted their third weekly gain to recover from a bear market, supported by steady U.S. corporate earnings. Investors are also watching the implications of House Speaker Nancy Pelosis visit to Taiwan. Read More..

B2B Tech News | 2 years ago          

ASX loses momentum, Australia records another trading surplus as Nasdaq revives

The ASX 200 fell one point nearly flat to 6,975. Todays best performers include Block +8.9pc, Pointsbet +11.6%, Imugene +10.9%, Life360 +9.6% and Bega

The ASX 200 fell one point nearly flat to 6,975. Todays best performers include Block +8.9pc, Pointsbet +11.6%, Imugene +10.9%, Life360 +9.6% and Bega Cheese +6.9 %. The Australian dollar was up 0.3% at 69.6 cents at 1615 AEST. Closing price The Nasdaq increased 2.6 percent to 12,668, its highest level since early May. The S& P 500 gained 4,155 points, while the Dow gained 1.3%. At the same time, oil prices fell, with Brent futures down 3.4% to $97 a barrel. Read More..

B2B Tech News | 2 years ago          



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Refresh Your Facts

1.  Global online sales are predicted to reach 22% of all retail sales in 2023.
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2.  Global tablet shipments are expected to hit 142 million by 2025, reports Statista.
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5.  Approximately 8 billion gadgets connect on the internet every day.
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