The deal will enable Enel to expand its fibre optic operations to market overseas. On Monday, Europe’s biggest utility Enel stated, it has agreed to acquire a 21% stake in Ufinet International, a Latin American fiber company, for $175 million (150 million euros). The deal includes an option to buy the remaining shares from owner…
In the wake of increased incidents of near misses by unmanned vehicles and drones, a United Nations-led effort is making significant headway in the creation of a global drone registry where geo-fencing and blockchain technology is being used to ensure that drones listed in the registry are unable to fly near restricted airspace. Airlines from…
Ahead of its announcement, the industrial plan has already won support from Merck & Co and Qiagen. In the wake of massive economic upheavals from Britain’s historic decision to leave the EU, on Monday, Prime Minister Theresa May pitched a new strategy to leaders of the country’s industry aimed at bringing about greater state intervention…
The strategy document is an eye opener for companies who want to invest in Japan. On June 9, Japan aims to finalise policies regarding the drone deliveries in the country from 2020 as well as commercialisation of self-driving trucks by 2022, as per two sources familiar with the matter at hand. The move could inject…
The order builds on efforts made by the previous Obama Administration. The Trump Administration has made its first significant move in what U.S. President Donald Trump called a top priority, on Thursday, the U.S. President signed an executive order that aims to bolster the government’s cyber security defences and protect its critical infrastructure from cyberattacks.…
Verizon is shoring up its resources and is strategically placing itself to launch 5G services in the next year. Verizon Communications Inc has agreed to buy optic fibre from Corning Inc for at least $1.05 billion over the next three years. The purchase is aimed at improving its network infrastructure, said the No. 1 wireless…
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