Tag: Internet

AT&T Launches first 5G Trial For Intel

Dianne Jacobs

5G and its multi-gigabit cellular speeds probably won’t hit the market until 2020, but one corporate customer of AT&T has already tasted what it will be like. AT&T has launched what it believes as the first business customer trial 5G wireless technology, promising to bring gigabit-level internet speeds to smartphones in the long run. AT&T previously worked with Ericsson to conduct the company’s first public demo, which handled 4K video streaming and real-time camera feeds in speeds of up to 14 Gbps. AT&T has taken the 5G technology it worked on with…

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SEACOM and IOX to connect Mauritius and World with USD 150M Submarine cable

IOX CABLE Ltd, a subsidiary of INDOI LTD, has announced a partnership with SEACOM to build an undersea cable connecting Mauritius, an Indian Ocean island nation, to the rest of Africa. The cable system, called IOX Cable System, will cost US$150 million project and will be the first open access cable system in Mauritius, open to all licensed operators. “The cable will enable African and Indian business communities to connect seamlessly across a fast and reliable digital infrastructure, ranging from undersea cable to data centres and cloud platforms,” it said.…

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American Startup wants disrupt traditional insurance models using smart tech

Editor

Mobile technology continues to smart its way into every service available, Insurance insutry is yet to be disrupted. The on-demand economy, which uses smartphone technology to immediately fill consumer needs, has changed the way people order food, a car, or a place to stay. Now, technology start-ups are targeting the next business frontier – insurance – offering coverage with the swipe of an app. Trov, a San Francisco Bay Area firm that provides smartphone-based on-demand insurance for individual assets, like computers or cameras, for any duration, launched in the UK…

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Africa’s telecoms market will hit $51bn by 2021

Editor

Sub-Saharan Africa’s telecoms service market will be worth $51 billion by 2021, up from $41 billion last year. Mobile services will represent more than 88.4 per cent of the telecoms service revenue in 2021, according to a new report by Analysys Mason, a global specialist adviser in telecoms, media and technology. Retail telecoms revenue in the region will grow at a compound annual growth rate (CAGR) of 4.1 per cent during 2015-2021, the Analysys Mason’s Sub-Saharan Africa telecoms market: trends and forecasts 2016-2021 report released on October 27 indicates. Karim…

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Deloitte gravitate investment in the Internet of Things

Google

The Internet of Things (IoT) has rapidly assumed the status of a business mega-trend. While some forward-thinking businesses, government agencies and other organisations have already taken the first steps in implementing IoT components, it is easy to be overwhelmed by the sheer amount of data available. Deloitte has invested substantially in its IoT capacity in order to support businesses in their transition. A recent Deloitte Digital event on IoT was attended by senior executives across industry sectors, highlighting the demand for knowledge regarding IoT deployment. The event focused on real…

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Brookings Study estimates cost of internet shutdowns in 2015 at $2.4 billion

Dianne Jacobs
Banking Crisis

Whenever there’s a shutdown of internet access or restrictions placed on an app, we shake our heads disapprovingly because we know it’s a fundamentally bad idea to do that. But what exactly is the cost of those shutdowns? A new study from the Brookings Institution suggests well over $2 billion over the last year. The study, by Brookings analyst Darrell West, is a very rough estimate of these costs. We’re talking back-of-napkin rough — well, assuming you were sitting at the bar with MIT and World Bank economists. Essentially, West…

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U.S. Federal bank regulators outline new cyber security standards to stem attacks

crypto-ransomware

U.S. bank regulators on Wednesday outlined cyber security standards meant to protect financial markets and consumers from online attacks against the nation’s leading financial firms. Leading banks will be expected to use the most sophisticated anti-hacking tools on the market and to be able to recover from any attack within two hours, said officials briefing reporters on the plan. The rules, which will be finalized after industry input, is meant to raise cyber security to a top priority for corporate executives and boards, according to the banking agencies. Banks with…

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Interview: Hootsuite’s CEO Lessons from Getting Hacked on Social Media

Cybersecurity

“Hey, it’s OurMine Team, we are just testing your security, please send us a message.” Earlier this summer, that message was blasted out to my followers on Twitter… only I didn’t send it. I had been hacked. It was embarrassing. I run Hootsuite, a social media management company that prides itself on world-class security for our customers. How could this happen? What did I do wrong? In the following days, I learned that Ev Williams, the co-founder of Twitter, had fallen victim to the same hackers. And not long before that,…

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Internet companies petrified after hackers release code behind one of the most powerful online attacks

Google

Internet companies are bracing for more trouble after hackers released the code behind one of the most powerful online attacks ever, which harnessed as many as one million internet-connected devices to knock a blogger offline. The malicious software takes advantage of weak security on video recorders, routers and other internet-connected devices, taking control of the systems and forming them into a collection of attacking machines, called a “botnet.” It can then disable a victim’s internet servers by flooding them with an overwhelming amount of internet traffic. The botnet code was…

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Zuckerberg “deeply disappointed” by the Internet.org, SpaceX Falcon 9 rocket explosion

Dianne Jacobs

Earlier today, a SpaceX Falcon 9 rocket exploded on the launch pad for no apparent reason. While we’re still trying to learn more about what happened, we already know that the company was doing a test, and an anomaly created a big mess. Fortunately, all personnel were clear of the launch pad. But this incident is going to affect Facebook’s Internet.org effort in a significant way as a satellite was also destroyed in the process. While insurance companies are going to pay out for today’s failure, the SpaceX rocket was…

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