State-owned Indian Railways has announced that it is set to expand its agreement with Indian solar energy company Azure Power to extend the ‘electrification’ of the country’s railways. The government-controlled public transportation firm has agreed a deal with Azure Power to introduce an additional 20 MWs of solar rooftop projects.
The White House has intervened in a business transaction between a Chinese-backed private equity firm and a US chipmaker. US President Donald Trump has blocked Canyon Bridge Capital Partners planned $1.3 billion acquisition of Lattice Semiconductor Corp. The decision has sent a clear message to Beijing that Washington will vehemently oppose any takeover deals that involve technologies that may have potential military applications. The bid by the Chinese-backed equity company was one of the largest ever attempted on the US microchip sector.
Ericsson, together with Ciena and Australian telecom provider Telstra, has successfully trialed continuous data encryption while maintaining speed and reliability over 21,940 km across multiple cable systems. The engineering teams demonstrated the ability to encrypt data securely while in transit between Los Angeles and Melbourne at 100Gbps, using Ciena’s ultra-low latency 100 Gigabit wire-speed encryption solution.
A Hong-Kong based start-up firm has announced that it has received $115m from US investors following a financing-round which was led by Chinese private equity fund New Margin Capital. TNG Wallet says the investment will be used to accelerate the expansion of its services across Asia.
Filipinos can now avail of affordable financial products and services such as mobile banking, remittance, insurance, loans and credit as the use of technology and innovation continues to grow in the Philippines, according to Mynt, the financial Technology (FinTech) arm of Philippines telecom provider Globe Telecom.
Infinera and Seaborn Networks (Seaborn) tells us they have deployed Infinera’s new XTS-3300 meshponders on Seaborn’s Seabras-1 submarine cable to rapidly offer cloud connectivity services like SeaCloud™. Seabras-1 is the only submarine cable system with a direct connection between São Paulo, Brazil and New York City, enabling Seaborn to offer SeaSpeed™, its proprietary lowest-latency route, between these key global financial centers.
The world’s first test of truly live 360º video at the 2017 Formula 1 Singapore Airlines Singapore Grand Prix was conducted by Formula 1 and Tata Communications on Sept. 25 to show how the F1 racing experience could be augmented for fans worldwide by enabling them to experience the show in action almost as if they were there.
At HUAWEI CONNECT 2017 , Joy Huang Vice President of Huawei’s IT Product Line, in a keynote speech titled "All Connected, All Cloud, All Intelligent", announced six innovative solutions designed to help enterprises with digital transformation. The new solutions include innovations in hardware, software, data, connection, architecture, and hybrid cloud.
TerraPay, the world’s first mobile payments switch, announced that it has partnered with bux, a mobile app money transfer service, to launch anywhere, anytime instant cross border money transfers from Australia, Hong Kong, the United Kingdom and Europe to India.
US search engine giant Google has formally announced its plans to launch its innovative free public Wi-Fi initiative in Indonesia following the success of the program in India. Google’s Wi-Fi project is entitled Google Station and it has been heralded as a brilliant success in India, since debuting in the region eighteen months ago.