The cryptocurrency trading desk of Goldman Sachs Group is back and will start dealing in bitcoin futures and non-deliverable forward for clients. The restart of the trading desk is due to the growing interest of institutions in bitcoin, which has increased more than 470% over the past year. The team is likely to sit within the US works’ Global Markets division. The desk is one of Goldman’s work in the fast-growing digital assets sector.
Category: Technology (page 2 of 19)
Google and Intel have joined hands to advance the edge software services and speed up the 5G app rollout. Google and Intel have planned to deploy 5G vRAN using Google Cloud’s Anthos app platform with Intel cloud-native platforms and solutions. Shailesh Shukla, Google Cloud VP and Networking GM said, he believed that partnering with app providers, carriers, CSP and telcos can reduce the cost and time-to-market needed for the telcos to shift to cloud-native 5G.
Airtel is collaborating with Qualcomm to fast-track the implementation of 5G services in India. The telco will use Qualcomm’s 5G RAN platforms to roll-out virtualised and Open RAN-based 5G networks. The telecom giant said both companies were planning to work on developing 5G FWA for faster broadband connectivity and on introducing cost-effective broadband services as well. Airtel is also hoping to venture into newer fields like VR and Smart Homes.
Japan’s NEC Corporation, as per media reports, is in talks with Indian telecom operators for a possible deployment of its OpenRAN tech for the rollout of 5G in the country. It added that there might be a few Indian telecom operators looking to adopt OpenRAN to take a lead in the market. The Japanese company said OpenRAN attempts to help the telcos cut network-related costs and upgrade their 5G technology even though it might be a challenger network for India.
Apple has joined hands with Taiwan Semiconductor Manufacturing Co to develop micro OLED displays for its yet to launched augmented reality devices. Apple is partnering with TSMC, the sole supplier of iPhone processors, as micro OLED displays are thinner, smaller and consume less power, making them more suitable for use in wearable AR devices. The displays under development are less than 1 inch in size, reports said.
Qualcomm launched a new chip for connecting devices to 5G networks that target home internet and inside business users as a competitor to WiFi. The firm is trying to take advantage of the faster speeds possible with 5G network to increase footprints in other markets. The chip called the X65 modem is the first from Qualcomm capable of hitting peak download speeds of up to 10 GPS, about 10x faster than peaks of comparable services.
Google’s climate and energy research group sought authorities permission in the USA to test drones to research how the tech can be used in monitoring and fire control. The drones are made by Homeland Surveillance & Electronics LLC and weigh between 55 and 98.8 pounds. It is designed to spray chemicals on crops, douse a fire, with a capacity of holding 20 L of water and fly for 8 to 15 min.
Indian govt is not selling 5G spectrum in the upcoming auction in March, but a tweak in the notice inviting applications has raised hope 5G launch on existing bands. The amendment reduced the notice time period required for telcos to give to upgrade in tech from one year to six months. Mass adoption, however, will take time. GSMA Intelligence report said that 5G connections in India will reach 6% of the population by 2025 and 93 % by 2040.
Airtel has successfully deployed live 5G service over a commercial network in Hyderabad city. The telco’s 5G services would deliver 10x speeds, 10x latency and 100x concurrency. It used liberalised spectrum in the 1800 MHz band through the NSA network technology. It would be available for commercial purpose when the adequate spectrum is available along with govt approvals. Airtel’s 5G network would be efficient across Radio, Core and Transport.