Technology and Telecommunications

UK Telco Giant BT Proposes to Fast Broadband Internet for Rural Homes by 2020

UK Telco Giant BT Proposes to Fast Broadband Internet for Rural Homes by 2020

United Kingdom — Last Sunday, news said that access to fast broadband internet for over a million rural homes in the UK is being offered by British telco holdings company BT. Openreach, an ancillary firm to BT, proposed to spend £600m in order to provide a minimum internet speed of 10Mb for all 1.4 million rural UK homes by 2020. The announcement also came after a report by Tory party head Grant Shapps, saying that up to 6.7 million residents are not receiving the broadband speeds they paid for. However, Openreach’s offer did not include public finding, which led opposing […]

Chinese Researchers from Tencent Shown to Hack Tesla Model X Vehicle

Chinese Researchers from Tencent Shown to Hack Tesla Model X Vehicle

Last Friday, researchers from Tencent’s China-based Keen Security Lab posted a blog video that detailed how they hacked a Tesla Model X despite its updated security protocols. Last year, the security lab also posted a video of their team hacking a Tesla Model S. As a response, Tesla claimed they were able to resolve the vehicle’s security flaws, also assuring customers that launching such an attack was not as simple as it looked on the video. However, just this week, Keen Lab researchers were able to override Tesla’s new safety mechanisms which had firmware for system authentication. The video demonstrated […]

Malaysia Authorizes E-Hailing Operations, Rivals Grab and Uber Expand

Malaysia Authorizes E-Hailing Operations, Rivals Grab and Uber Expand

Kuala Lumpur, Malaysia — In a report last Thursday, two laws were passed by the Malaysian legislature that will legitimize e-hailing operations. The news comes in the wake of ride-hailing companies Grab and Uber’s expansion plans. Malaysia’s Land Public Transport Act and the Commercial Vehicles Licensing Board (CVLB) Act did not have provisions that allowed ride-sharing companies to run legally. With the law’s amendment, the companies can now have their own business license that suits the nature of the service. Ride-hailing was agreed upon last year by the Cabinet of Malaysian Prime Minister Najib Razak, despite cab driver groups protesting […]

Singtel Reinforces High-Speed LTE Network in Singapore, Prepares 5G for 2020

Singtel Reinforces High-Speed LTE Network in Singapore, Prepares 5G for 2020

Singapore — Singtel, Southeast Asia’s biggest telecommunications firm, announced on Saturday that they are bolstering LTE network performance in accordance with plans to implement 5G networks in 2020. According to reports, citizens using Sony Xperia XZ Premium smartphones have experienced up to 800Mbps LTE speeds since July 21. They were all using internet outdoors, specifically in Singapore’s shopping districts.   Singtel was awarded by Ookla, a network speed measuring firm, as the fastest telcommunications service in Singapore. The company also boasts one of the fastest LTE speeds in Southeast Asia with the widest coverage, which is 800Mbps at 4G. They […]

Ride-Hailing Firm Grab Slated to Raise $2.5 Billion Via Didi Chuxing and Softbank

Ride-Hailing Firm Grab Slated to Raise $2.5 Billion Via Didi Chuxing and Softbank

In a report last Monday, ride-hailing company Grab announced its plan to raise $2.5 billion to reinforce its mobile payment platform and maintain dominance in Southeast Asian market over rival Uber. The investment program will be lead by the Softbank Group of Japan and Chinese ride-hailing app Didi Chuxing in what is considered the biggest single fundraising in Southeast Asia. According to Reuters, the company will be worth over $6 billion once the financing round is done. Grab’s anticipated growth comes in the wake of rival firm Uber’s growing concerns. In recent months, Uber has dealt with a criminal investigation […]

FINTQ Becomes Largest Fintech Company in the PH with New Digital Partnerships

FINTQ Becomes Largest Fintech Company in the PH with New Digital Partnerships

Manila, Philippines — In a report last Saturday, Smart and PLDT’s financial technology (fintech) division called FINTQ has proclaimed many new digital collaborations with various organizations. It is considered the country’s biggest running fintech company today. According to PLDT, Smart chairman Manuel V. Pangilinan, innovating the way the financial industry works requires solid cooperation between traditional banks, fintechs, and major industry players. He is proud that FINTQ can pioneer this change, which is a big leap into the direction of true financial inclusion. FINTQ’s digital lending application is called Lendr, a breakthrough platform. To date, Lendr is used most widely […]

New Uber Airport Service in Madrid to be Investigated by Anti-Monopoly Watchdogs

New Uber Airport Service in Madrid to be Investigated by Anti-Monopoly Watchdogs

Madrid, Spain — Last Sunday, the Madrid government urged its anti-monopoly guardians to evaluate Uber’s new airport service over speculations that it is breaking fair market competition. The Uber airport service takes passengers from the Madrid Bajaras airport to the center of the city. It charges a tax duty of 15 to 29 euros, which is a far cry from the fixed rate of 30 euros—the standard Madrid airport taxi price.   Earlier this year, taxi drivers have staged 3 strikes to protest ride-sharing apps. They claim Uber is not properly regulated because they only use VTC registrations used for […]

Lyft Assembles Team To Develop Open Self-Driving Technology

Lyft Assembles Team To Develop Open Self-Driving Technology

According to a report last Friday, Lyft assigned a dedicated team of specialists to expedite the development of a self-driving system that will be openly available to other businesses. The ride-sharing company has earlier unveiled its pioneering open self-driving platform, as they formally invited car businesses as well as competing GPS platforms to invest in the network. Lyft vice president of engineering Luc Vincent stated that they aim to consolidate major car technology firms so they can efficiently render services for a nationwide passenger platform. It can be noted that Lyft’s decision is a response to rival Uber, as the […]

China Plans to Lead AI Technology Development Worldwide  

China Plans to Lead AI Technology Development Worldwide  

Beijing, China — China is aiming to expand the country’s AI industry to more than $22.15 billion in 2020, and $59.07 billion by 2025, according to the State Council’s national artificial intelligence plan on Thursday. The Chinese State Council announced a summary of strategies, reinforcing its goal of becoming the world leader in AI technology innovation. It is seen to directly compete with industry giants’ Microsoft and Google in designing smart cars and revolutionizing energy generation. The move takes place while the U.S. is has increasingly become more discerning of its investments, also enhancing AI research amid concerns that China […]

Apple Issues Update On iPhone and iPad That Blocks Broadpwn Security Flaw

Apple Issues Update On iPhone and iPad That Blocks Broadpwn Security Flaw

Apple said last Thursday that they released an iOS 10 update to address 47 security flaws which include one that allows attackers to seize iPads and iPhones within Wi-Fi connection reach. The flaw named Broadpwn was identified by Exodus Intelligence researcher Nitay Artenstein. He says that the same bug can also be found in other equipment like Google Nexus phones, Samsung devices, and LG phones. The Broadpwn security flaw enables hackers to control the primary chip and take over an iPad or iPhone operating system. As long as the attacker has Wi-Fi connection within the area, they can take advantage […]

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