Financial

Hong Kong – Taoping Inc., announced that it entered into a framework contract with an estimated value at [$3 million (€3.09 million)]. Under the agreement, over the next six months the company will leverage Taoping’s smart cloud platform and the cloud-based ad terminal network of Taoping Alliance to provide digital advertising services to Shenzhen Taitao Electronic Technology Co.,

Luxembourg, Dhahran, Athens. 01 September, 2022 – OQ Technology, a global 5G IoT (Internet of Things) satellite operator, has closed a €13 million  Series A funding round led by Wa’ed Ventures, the venture capital arm at Aramco (the Saudi oil and gas company), and Phaistos Investment Fund, managed by 5G Ventures in Greece.

Jakarta, Indonesia. 04 August, 2022 – HERE Technologies, the location data and technology platform, announced that DANA, one of Indonesia’s digital wallet services, is utilising HERE location services to bolster inclusive financial services in the country.

Experienced executives in many sectors will tell you that today they face their toughest business challenges ever. Even leaders in successful and well-established enterprises are concerned at what the third decade of the millennium holds for them. Lean new competitors are entering the market, they enjoy lower operating expenses and are using disruptive technologies to tear up the rule

A WEEK IN IoT – 5G is starting strong, says Huawei. The company’s deputy chairman, Ken Hu, told its annual Mobile Broadband Forum (#MBBF) in Zurich, Switzerland last week that 5th Generation mobile communications “arrived faster than expected,” and that there are now 40 carriers in more than 20 countries supporting 136 different 5G-enabled devices.