Telcom groups in Europe are demanding that the region’s regulators implement a framework where the firms that send heavy traffic along their networks are charged a fee to fund the massive upgrades telcos are making to their infrastructure. Known as the ‘sender pays’ principle, t

Melanie Dawes, Chief Executive of UK media regulator, Ofcom, has reportedly warned that the metaverse that tech giants like Meta and Microsoft are foraying into will be subjected to new rules that will ensure that these platforms protect users from online harm. During an event in London, Dawes st

Music streaming giant Spotify Technology SA announced that its profit margins for this year’s third quarter declined due to slow advertising growth, fueling concerns about the impact of a weak global economy on digital advertising. Following the announcement, shares of Spotify fell 4% durin

German neobank, N26, has reportedly announced that it will be launching a crypto trading service called N26 Crypto in Europe. As per reports, the digital bank has selected Austria to be the first market where the service will be launched. Supposedly, the service will be made available to the bank

American e-commerce and technology behemoth, Amazon Inc, has reportedly taken its first cautious steps into the field of insurance in the UK by launching a small online insurance store, with a focus on home policies. As of now, the Amazon Insurance Store has only three insurers on board, with pla

Singapore-based crypto investment startup, Pillow, has reportedly raised $18 million in a Series A funding round, led by venture capital firms Accel and Quona Capital. Pillow’s app has a presence in more than 60 countries with over 75,000 users and supports major digital assets such as Bitc

California-based software company, NETSOL Technologies, Inc. has reportedly partnered with cloud computing platform Amazon Web Services (AWS) to extend its services in the cloud computing domain and offer cloud-based transformation solutions at scale. The business model of NETSOL has been built a

California-based, Aruba Networks, has reportedly announced the launch of its Enterprise Cloud instance in the United Arab Emirates. The novel deployment comes as a response to the rising demand for cloud-based networking from enterprises in the country as they increasingly seek to attain efficiency,

Malaysia-based layer-1 blockchain structure, Zetrix, has reportedly signed a memorandum of understanding (MOU) with the commercial arm of MIMOS Berhad, MIMOS Technology Solutions (MTSSB), for the development and operation of Malaysia Blockchain Infrastructure (MBI). MBI will serve as the national