Standard Chartered invests in Singapore blockchain platform Contour
Contour aims at digitalising the letter of credit process...
Category : Technology
SoftBank-backed CloudMinds slashes jobs over failed IPO
The company will cut between 175 and 225 jobs — and shut down its co-headquarters in Silicon Valley...
Dubai blockchain market to reach Dh437 mn in 5 years
The growth rate of Dubai’s blockchain market in 2018 was higher than the global average of 19%...
The UK might allow Huawei to play a minimal role in its 5G network
Huawei will not be involved in the core aspects of the country’s 5G network over security concerns...
Singapore to digitalise trade, to collaborate with multiple MNCs
The Singaporean government is teaming up with MasterCard, StanChart, DBS Bank and others...
African tech startups secure $491.6 mn in funding in 2019
2019 also witnessed a 61% increase in the number of investors to reach 261...
Vodafone becomes eighth member to quit Libra Association
Last year, eBay Visa, Mastercard, Mercado Pago, Stripe, Booking Holdings and PayPal left the association...
Mozilla lays off 70 employees on the back of revenue struggle
The organisation is planning to diversify its revenue generation from sources outside of search partnerships...
Blockchain technologies to help UAE conserve over Dh11 billion
UAE can save 398 million printed papers and up to 77 million hours of work annually using blockchain...
Chinese mobile consumer spending to climb 23% in 2020
Each user spent an average of 6.2 hours per day on mobile devices from January to November last year...