Dimer UCV Innovations’s GermFalcon can sterilize airplane cabin of coronavirus within 3 minutes

Although U.S. President Donald Trump’s suggestion that inserting ultraviolet light into coronavirus patients was widely laughed off, Dimer UCV Innovations, a California company thinks it’s a perfect solution for decontaminating airplanes. Dimer UCV Innovations had created a UV-C-emitting cleaning machine for the airline industry way back in 2014. Its only now with the coronavirus pandemic…

Sweden to tighten telecom operation laws

Sweden aims to tighten telecom component suppliers and operators who don’t meet sufficiently high security standards. Anders Ygeman, Sweden’s minister for digital development stated, Stockholm wants to tighten regulatory requirement for telecom suppliers and operators. Sweden’s concerns comes in the midst of heightened concerns revolving around network security. “We want to be able to exclude…

Australia’s TPG Telecom discontinues sourcing of telecom equipment from Huawei

Telecom operators are designing 5G systems based on either Ericsson’s technology or that of Nokia Oyj. On Tuesday, Australia’s nascent network TPG Telecom Ltd stated, it would abandoned building its mobile telephone network which relied heavily on Huawei Technologies Co Ltd for equipment since the Australian government has banned Huawei on security grounds. Across the…

France brings in bill amendments aimed at China’s Huawei Technologies

Despite facing international pressure on its business, Huawei has managed to secure 30 contracts to supply 5G equipment; it has already shipped 25,000 5G base stations. As per a report by French newspaper Les Echos, France is weighing its option for introducing a bill amendment so as to empower its defense and security institutions to…

Italian MNC Enel acquires 21% stake in Ufinet International for $175 million

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…

Nissan begins public field tests for its autonomous vehicle services, Easy Ride in Yokohama, Japan

Analysts at IHS Markit see global autonomous vehicle sale touching 33 million units ub 2040, while Goldman Sachs has predicted that the ride-hailing market will grow 800% by 2030 and be five times the size of the current taxi market. In a strategic development, Nissan Motor Co has taken the first steps towards becoming an…

The world’s largest derivatives exchange operator launches bitcoin futures

The cryptocurrency is making steady gains towards legitimacy, a move which is likely to draw attention of institutional investors. The bitcoin hit yet another milestone with the CME Group, the world’s largest derivatives exchange operator, launching trading in bitcoin futures. This step towards legitimacy is likely to attract large institutional investors towards it. Trading on…