State-owned China Tower, the world's largest operator of telecommunications towers, has raised $6.9 billion after pricing its initial public offering at the low end of the expected range. The Chinese company sold 43.1 billion shares at HK$1.26 (US$0.16) apiece.
Cambridge University has announced it has agreed to partner with Nanjing Municipal Government to create a smart cities research center which will be located in China. The collaboration will see both bodies examining how emerging technologies can support a modern 21st century city that has an integrated ecosystem that consists of IT, healthcare and building management.
Ooredoo today donated three sea ambulances to Ministry of Health in the Maldives at a special ceremony held at Izzuddheen Jetty Area. The donation comes following Ooredoo’s earlier commitment to support the Government of the Maldives work to provide quality healthcare to its citizens.
The US government has upped its offensive against China with the announcement that it is set to slap tariffs worth up to $60bn on Chinese imports. US president Donald Trump signed an executive memorandum which confirmed the measures that will place tariffs on products predominantly in the technology sector.
CERT NZ, a cybersecurity unit in the New Zealand government that supports businesses, organizations and individuals affected by cybersecurity incidents, announced it has partnered with Orange Business Services, the B2B branch of French telecom company Orange Group, to provide automated threat intelligence services.
Representatives from technology titans Facebook and Google have offered testimony before a parliamentary committee in Singapore in an effort to convince them that the introduction of new laws to combat ‘fake news’ would not have the desired effect.
South Korean conglomerate Samsung Electronics which is the flagship subsidiary of Samsung Group has reported that it has achieved a record $14.7bn in Q1 operating profit.
Chinese investors are calling on regulators to relax rules on initial public offerings (IPOs) by technology firms. The stifling draconian measures currently in place have been blasted by some investors who say the time has come for them to change their policy and approach.
India’s government has officially confirmed that it has been subjected to a cybersecurity infiltration. India’s defense minister said that the department’s website was hacked along with the web portals of at least three other government departments believed to be interior, law and labor ministries websites.
Hong-Kong professor Dr. Winnie Tang has launched her highly-acclaimed Smart City 3.0 e-book which attempts to examine and establish the role played by Artificial Intelligence, Internet of Things, Robotics and the sharing economy in the development and future evolution of smart cities on a global basis.