U.S. lawmakers back $1.9 billion program to rip and replace Huawei & ZTE telecom gear

According to two sources briefed on the matter at hand, U.S. lawmakers will back $1.9 billion program to fund a removal of Chinese communication gear that it deems as a threat to national security risks. Lawmakers will also back a $3.2 billion program for an emergency broadband which will benefit low-income Americans, confirmed senior congressional…

Trading in New Zealand’s stock market resumes following 4 consecutive days of offshore DDoS cyber attacks

On Friday, trading resumed at New Zealand’s stock exchange following offshore Distributed Denial Of Service (DDoS) offshore cyber attacks for four consecutive days. In a statement, the government said, national security systems had been activated to support the bourse. While the origin of the “offshore” DDoS attack is being investigated, the failure to stop the…

Nokia’s wins multi-year contract from Bharti Airtel, lays foundation for 5G connectivity

On Tuesday, Nokia stated it has won a multi-year contract with Bharti Airtel, India’s third-largest telecom, to provide equipment and services. Nokia’s deal will essentially lay the foundation for providing 5G connectivity in the future for India, will see Nokia install and deploy nearly 300,000 radio network units across 9 circles in India. “This is…

China’s state planner approves $8.01 billion for high-speed railway project

The project is aimed at boost regional connectivity and comes in the wake of a slowdown in the domestic economy. On Tuesday, in a development that boost inter-state connectivity, China’s state planner stated, it has approved a high-speed railway project in Shaanxi, a province in northwestern China. The high-speed railway project has a total investment…

Renault-Nissan and Daimler mulls possible extending of alliance to emerging vehicle technologies

The alliance is weighing its options of extending their collaboration in various technologies including, autonomous vehicles, advanced batteries and mobility services. On Wednesday, Renault-Nissan and Daimler stated, they could possibly expand their cooperation to include autonomous cars, battery technology and mobility services. “The industry being in transformation in the area of connectivity, autonomous cars and…

Toyota-backed Hino Motors enters into a strategic tie up with VW’s truck & bus unit

The forward looking deal targets the hybrid and self-driving car market. On Thursday, Japanese truck maker Hino Motors Ltd stated it has formed a strategic tie-up with Volkswagen Truck & Bus GmbH. Toyota Motor Corp holds a majority stake in Hino Motors Ltd. The tie-up will enable the Hino Motors to expand in areas such…

Alphabet’s Google in advanced talks to purchase Nokia Oyj’s airplane boradband business

Once the deal comes through, it could provide much faster alternatives to existing Wi-Fi connectivity on airplanes. As per a Bloomberg report, citing sources familiar with the matter at hand, Alphabet Inc’s Google is negotiating with Nokia Oyj to purchase its airplane broadband business. The purchase could enable Google to provide faster alternatives to existing…