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Ericsson and Magyar Telekom launch commercial 5G in Hungary

Magyar Telekom and Ericsson (NASDAQ: ERIC) have launched commercial 5G in Hungary, with initial services live in parts of Budapest and Magyar Telekom’s headquarters in Könyves Kálmán körút....

Apple plans to take over VR firm NextVR for $100 million

As per news report, Apple is planning to take over California-based virtual reality company NextVR. The deal will be worth $100 million. ...

Vodafone reduces costs to 50% with VMware telco cloud

Vodafone rolled out VMware’s network virtualization infrastructure across all of its 21 European business markets in a move that the company has reduced the cost of its core network functions by 50%. ...

“Hello Wuhan”: China’s Wuhan all set to welcome citizens after 76 days lockdown

The birthplace of the fatal coronavirus pandemic, Wuhan, China has decided to end its lockdown and open the doors again for regular use after getting sealed for 76 days. At midnight on Wednesday, authorities allowed residents to leave the city for the first time since 23 January when 11 million people were put under lockdown to contain the quickly spreading coronavirus....

Covid 19 pandemic: Bajaj Finance loses 350,000 customers in 10 days

The unprecedented lockdown due to pandemic has hurt the country’s largest consumer finance company in more than one way. In a more truncated April-June 2020 quarter (anticipated being a 60-day quarter because of the lockdown versus the usual 90 days), these performance parameters could come under severe pressure. The most evident impact will be on its business, which may return to normalcy in September if the lockdown is lifted on April 14....

India's solar energy plans to hamper : COVID-19 pandemic

In India, around 2.3GW of solar plants were expected to be commissioned from June to August 2020. However, the delivery of these projects has been impacted by the coronavirus (COVID-19) pandemic, says GlobalData. ...

ePOS sees a surge in demand among merchants associated with essential services : Pine Labs app

Pine Labs, one of Asia’s leading merchant commerce platforms, today announced that it has published the ePOS by Pine Labs app on Google Play Store. The soft launch of the app on the third day of the 21-day national lockdown through an APK file download saw over 4500 downloads. The surge in demand for this app was largely because it enabled contactless payment methods such as credit cards, debit cards, UPI and mobile wallets....

PUBG now available at 50% discount on Microsoft's Xbox Store

PlayerUnknown's Battlegrounds, also known as PUBG, is getting a massive discount on Microsoft's Xbox Store. The deal is available only for Xbox users. Also it is a limited period offer, which means users have to make the purchase as soon as possible. ...

EESL inks agreement with BHEL to set up public charging stations

Energy Efficiency Services (EESL) and BHEL have signed a pact to set up a network of public charging infrastructure for electric mobility along various highways across the country. ...

Protecting your company during COVID-19: Ross McKerchar, CISO, Sophos

Cyberattackers are resourceful and opportunistic. They will move quickly to take advantage of a situation. COVID-19 is no different. There is a huge amount of global uncertainty and change right now which criminals are seeking to capitalize on. The risks are amplified by the immediate and unforeseen IT challenges that companies are having ensuring their staff can work from home....