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Tether invests $775M in Rumble Tether, the company behind the world’s largest stablecoin, has teamed up with the Republic of Guinea to help the country grow its digital economy using blockchain and peer-to-peer (P2P) technology. This partnership aims to position Guinea as a leader in Africa’s digital revolution. Tether Collaborates With Guinea Tether has signed a Memorandum of Understanding (MoU) with Guinea, focusing on innovation, education, and technology. The goal is to introduce blockchain solutions that can benefit both the private and public sectors. Meanwhile, these collaboration focuses on three key areas, Education: Teaching blockchain and digital skills to the public and private sectors. Innovation: Building a tech-friendly environment for startups and businesses. Sustainability: Creating long-term solutions for Guinea’s digital economy. Tether will work with Guinea’s City of Science and Innovation (CSIG) to develop educational programs. These programs will train locals in blockchain technology, helping them gain the skills needed to compete in the global digital market. Guinea’s “Innovation City” Project A big part of the partnership is Tether’s support for Guinea’s “Innovation City” project. This initiative aims to turn Guinea into a hub for technology, research, and entrepreneurship in Africa. By creating a space where innovation can thrive, […]

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Dehradun: The Uttarakhand assembly went paperless on Tuesday with the launch of the ‘Digital House’ under the National e-Vidhan (NeVA) programme by chief minister Pushkar Singh Dhami and assembly speaker Ritu Khanduri Bhushan. Niketa Khandelwal, director of the Information Technology Development Agency (ITDA), said, "A proposal was sent to the union parliamentary affairs ministry, which initially approved one assembly building. However, the speaker actively pursued the matter, securing approval for the Gairsain assembly building as well." She added that training sessions for MLAs, assembly staff and secretariat personnel would commence soon. "The MLAs have been provided with login credentials, enabling them to access the daily agenda, budget, and governor’s speech in this session. The website includes 16 modules, with two to three currently in use. The scope will expand over time. ITDA will serve as the project’s technical partner, while NIC will conduct hands-on training," Khandelwal said. Assembly speaker Bhushan said that the e-Vidhan Sabha application would make all proceedings entirely paperless. "This initiative will not only support environmental sustainability but also enhance efficiency, transparency, and accountability—key pillars of democracy. It marks a step toward establishing Uttarakhand as a smart, capable, and environmentally responsible state," she said. Highlighting the […]

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Story image KPMG International has unveiled a new AI-enabled platform called KPMG Velocity, designed to integrate the firm’s existing business transformation offerings with advanced AI tools and a unified methodology. The platform aims to combine KPMG Connected Enterprise, KPMG Powered Enterprise, KPMG Trusted Imperative, and KPMG Elevate with various industry insights, data, and regulatory considerations. This integration is intended to help organisations manage digital transformation more efficiently by leveraging a comprehensive suite of tools and technology. According to a KPMG report titled ‘Transforming the Enterprise of the Future, 2024’, 88% of global CEOs are simultaneously engaged in two or more transformations. KPMG Velocity is expected to help organisations navigate these transformative periods by providing an AI-powered, multidisciplinary digital platform. Ian Hancock, Global Head of Consulting at KPMG International, commented, "With the world changing, organisations must move quickly to stay ahead and see through complex challenges while effectively sustaining change. Isolated transformations are no longer enough. To keep advancing, clients need the pace to get ahead and the strategic direction to stay there. KPMG Velocity gives them both by eliminating inefficiencies and helping to ensure each step of the transformational journey is secure and in sync with their long-term goals, […]

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Guinea Signs MoU with Tether to Lead Digital Transformation in Africa 1 Tether and Guinea sign a landmark MoU to explore blockchain and digital transformation. Focus areas include education, innovation, and sustainable technology for economic growth. The partnership aligns with Guinea’s Simandou 2040 program to lead Africa’s digital evolution. Tether, the world’s leading stablecoin issuer, has entered into a partnership with the Republic of Guinea. This agreement, finalized under a Memorandum of Understanding (MoU), has been established with the objective of researching blockchain and peer-to-peer solutions for powering the country’s economic growth and digital revolution. Tether Signs MoU with the Republic of Guinea to Accelerate Digital Transformation and Economic Growth Through Blockchain Technology Read more: https://t.co/BWEOXdViAo — Tether (@Tether_to) February 17, 2025 The collaboration becomes a major pillar of the overall strategy of becoming Africa’s leader in being a powerhouse of technology under its ambitious Simandou 2040 initiative. The MoU defines Tether’s commitment towards blockchain adoption on the pillars of education, innovation, and sustainability. It aims to create a firm foundation for blockchain adoption in Guinea, with the City of Science and Innovation being used as a launch pad for capacity-building and knowledge transfer. Strengthening Education and Local Talent […]

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On Tuesday, Infosys shares closed at Rs 1,851, up 0.5% on the BSE, while the benchmark Sensex declined 0.04%. The stock has declined 2% year-to-date but gained 17% in the last two years. The company’s market capitalization stands at Rs 7,68,793 crore. Infosys shares will be in focus on Wednesday, February 19, after the company announced the establishment of a Global Capability Centre (GCC) for Lufthansa to support the German airline’s digital transformation . As part of a $300 million IT contract, the GCC will enhance Lufthansa Group’s software and product development while strengthening support for Lufthansa Systems ’ (LSY) products. The centre will develop aviation IT products and data-driven solutions using Infosys Topaz , an AI-first offering with generative AI technologies. It will also enhance key functions, including finance, flight navigation, network and schedule design, and aircraft and crew operations. “Infosys’ expertise in digitalisation and innovation using AI and data-driven solutions will be instrumental in optimising our operations, enhancing passenger experiences, increasing productivity and stability of our operational processes,” Thomas Rückert, CIO of Lufthansa Group, said. Ashiss Kumar Dash, EVP & Global Head, Infosys, said, “Entering into this long-term collaboration with Lufthansa Group and Lufthansa Systems demonstrates the […]

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Alibaba Cloud , the digital technology and intelligence backbone of Alibaba Group, has on Tuesday announced the official launch of its first cloud region in Mexico, marking a significant milestone in its commitment to accelerating Mexico’s digital transformation and fostering innovation across Latin America. The firm said in a statement that the new infrastructure will empower businesses, startups, developers, and organizations in Latin America with secure, resilient and scalable cloud services, unlocking more growth and innovation opportunities while strengthening Mexico’s position as a leading regional tech hub. With this launch, Alibaba Cloud now boasts a global infrastructure network of 87 availability zones across 29 regions, further cementing its leadership position in the global cloud market. “The launch of our Mexico Region underscores our long-term commitment to serving this vibrant market, “We are not only bringing world-class cloud technology to support local businesses, but also building an inclusive and thriving ecosystem in Mexico together with our local partners, developers and customers to foster innovation, collaboration, and sustainable growth across Latin America,” said Selina Yuan, President of International Business, Alibaba Cloud Intelligence. Meanwhile, Manola Zabalza, Secretary of Economic Development of the Government of Mexico City, said Mexico City is the technological, […]

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The ET-MS AI Legal Summit 2025 in Mumbai explored how AI is changing the legal industry, featuring keynotes from leaders like SEBI Chairperson Madhabi Puri Buch and Microsoft’s Mike Yeh. Discussions addressed ethical considerations, AI integration, compliance, and the future of legal practices. ETLegalWorld The panel consisting of Cyril Shroff, Managing Partner, Cyril Amarchand Mangaldas; Jyoti Pawar, Group General Counsel Legal & Corporate Affairs, Microsoft CELA India; Nilanjan Sinha, General Counsel, ICICI Bank Ltd; and Sonali Kulkarni, Country Head -BFSI, Microsoft exploring trends, challenges, and opportunities in modernizing legal workflows with technology and AI solutions. As legal professionals embrace AI-powered solutions, focused on responsible AI adoption, data governance, and scalable technologies. The aim of the summit was to set the tone for future innovations, highlighting AI as the next frontier in legal transformation. Advertisement Be the first one to comment. Comment Now All Comments

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Microsoft and WSP Global have partnered to accelerate the digitalisation of the Architecture, Engineering, and Construction industry. The seven-year alliance represents a potential combined financial commitment and investment exceeding $1 billion. WSP is a global professional services firms, uniting its engineering, advisory and science-based expertise under one umbrella organisation. WSP operates in over 50 countries and employs approximately 73,000 professionals, offering solutions across the transportation and infrastructure, property and buildings, earth and environment, utilities and mining sectors. The Architecture, Engineering, and Construction (AEC) space is undergoing a period of accelerated change amid the rise of new AI technologies. Amid this, WSP is coming in for sustained demand in helping realise the adoption of the new tools – and as part of this partnership, WSP is designating Microsoft as a preferred partner for those digital and AI transformation services, including an expansion of Microsoft 365 Copilot globally. “We are immensely proud of this partnership with Microsoft as it sets an innovation milestone for WSP and our entire industry,” said Alexandre L’Heureux, chief executive officer of WSP. “This collaboration will allow us to push the boundaries of what’s possible, ensuring we stay at the forefront of technological advancements and consistently provide […]

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Healthcare organisations can leverage composable commerce to enhance their customer experience As businesses grapple with tech debt and outdated systems, Pegasystems and YouGov report that AI and ML are game-changers for customer service experiences Customer service is undergoing a transformation driven by rapid technological advancements and evolving consumer expectations. The convergence of AI, machine learning (ML) and data analytics is reshaping how businesses interact with their customers , promising more efficient, personalised and satisfying experiences. In recent years, consumers have reported increasing frustration with traditional customer service models, citing long wait times, repetitive interactions and a lack of personalisation as major pain points. However, a study by Pegasystems and YouGov across 4,000 consumers from North America and the UK on their views around how businesses prioritise their technological investments in customer experience, found that despite new technologies offering solutions to these challenges, respondents believe interacting with businesses is more difficult now than ever. Deteriorating service quality despite technological advancements More than half of the respondents (56%) reported in the study that interacting with businesses is more difficult now than it was a decade ago, despite advancements in technology such as Gen AI. Some key facts: 56% of consumers say […]

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Thomas Broadbent is an established UK manufacturer of industrial centrifuges with a global reach. Currently celebrating its 160th year, the family owned company, through embracing digital transformation, is a leading player in the marketplace. For example, the company wanted to upgrade its Waldrich Coburg VTF 3500 portal milling centre – but needed a method of doing so that was affordable within its working capital needs, which did not impose unacceptable operational interruption, and that helped the company benefit from a phase change in productivity. Digital transformation of the machine also supported Broadbent’s corporate desire to improve the company’s sustainability footprint. The solution The way forward offered by Siemens integration partner CT Systems – with the support of Siemens and Siemens Financial Services (SFS) – managed to fulfil all these criteria. Knowledge of Broadbent’s business, latest digital technology and smart financing were brought together in the CT Systems, Siemens and SFS partnership to make the solution possible and affordable. The solution proposed by CT Systems was a full retrofit of the machine. This would contain costs and carbon emissions, while making a major improvement in machine productivity. Matthew Durkin-Jones, finance director at Broadbent, comments: “The powerful combination of CT Systems’ […]

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