“AI is going to cure a lot of cancer, and I think it’s going to change a lot. It’s not going to roll out at the pace people expect. It is a slog. We’re spending more money, not less money,” said JPMorgan Chase Chairman and CEO Jamie Dimon during an … Read More
Mahanagar Telephone Nigam Limited (MTNL) is not going to be closed right now, but it won’t even get any fresh funds from the government. The central government, which owns a majority stake in the publicly listed telecom operator wants the company to clear all the dues. There are dues pending … Read More
Almost 750 million additional people gained 5G coverage in 2023, with over half of this growth driven by rollouts from operators in India, according to a new GSMA report released Wednesday. Among India’s four operators (three private and one government-owned), Bharti Airtel and Reliance Jio currently offer Unlimited 5G services … Read More
Indus Towers, one of the largest telecom infrastructure companies in the country is confident that in the near-to-medium term, 4G and 5G rollout from Vodafone Idea will improve its earnings. Vodafone Idea (Vi) is the largest customer of Indus Towers. Earlier, due to cash crunch, Vi wasn’t able to make … Read More
Vodafone Idea (Vi) reportedly could not secure a long-term loan from a consortium comprising Power Finance Corp (PFC) and its subsidiary, Rural Electrification Corp (REC), both of which have rejected the telco’s proposal. The decision was based on a mismatch with internal underwriting guidelines and concerns over the collateral offered. … Read More
Wealthsimple, the Canadian money management platform, has announced a new global travel eSIM as part of its lifestyle rewards program for clients with CAD 200,000 or more in assets. This service allows eligible users to stay connected in over 140 countries without incurring roaming fees, the company said on Thursday. … Read More
A recent report by Accenture reveals that 74 percent of organisations have seen their investments in generative AI and automation meet or exceed expectations, with 63 percent planning to increase spending by 2026. According to Accenture, the report, “Reinventing Enterprise Operations with Gen AI,” shows the number of companies with … Read More
Earlier this year, Airtel announced that it is shutting down its audio/music streaming platform Wynk. As an alternative, Airtel will offer Apple Music to the eligible customers. Apple Music is a global OTT (over-the-top) platform for streaming music and podcasts. However, it is not a free platform. So intially, it … Read More
US Fiber-optic internet service provider (ISP) Lumos announced its expansion into Summit County, Ohio, with an investment of nearly USD 110 million to build over 1,400 miles of its fiber-optic network. This initiative aims to provide homes and small businesses with access to high-speed internet, supporting remote work, telemedicine, and … Read More
Amazon One Medical this week launched AI (Artificial Intelligence) tools to help doctors refocus on patient care. The company said it is utilising AI technology to significantly reduce the administrative burden on physicians. Studies indicate that family physicians spend over 17 hours a week on administrative tasks, equivalent to two … Read More
OnePlus has just announced the Android 15 based OxygenOS 15. The new software’s beta version will roll out starting October 30, 2024. OxygenOS 15 brings a lot of new stuff for the consumers. New AI features, parallel processing, enhanced security, and a fresh user experience is what you will get … Read More
India’s largest telecommunications service provider, Reliance Jio, has announced a series of proactive measures to reinforce its commitment to providing uninterrupted connectivity during Cyclone Dana. Jio has opened Intra-Circle Roaming (ICR) services in collaboration with other telecom service providers to ensure continuous network access for customers, especially during emergencies. Also … Read More
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