Here are the top trending news from the world of technology…
1)
Visa takes another bold bet in the crypto space
Visa said on Wednesday that it has launched crypto advisory and consulting services for financial institutions. The payment processing giant said that its new crypto biz will cover comprehensive advisory services including crypto investment and helping financial institutions in taking other crypto related decisions. Visa said that the American bank UMB Bank is already using its crypto advisory services (Click here).
2)
Amazon Web Services (AWS) hit by major outage
Amazon’s cloud services experienced a major outage on Tuesday evening, temporarily bringing down the websites and app services of several companies. Some of the high profile companies that were hit by AWS’s outage included Netflix, Disney+ and Robinhood. According to the latest report, AWS’s cloud services are now back on track (Click here).
3)
Twitter acquires ‘Slack’ rival “Quill”
Twitter has announced that it is all set to acquire Slack like messaging platform ‘Quill.’ The financial details of the deal have not been announced. The latest buyout will help Twitter in improving its messaging tool and target its business oriented customers. This is Twitter’s first major acquisition after its new CEO Parag Agarwal took the charge (Click here).
4)
Britain set to phase out 2G and 3G services
Great Britain has said that it will make 2G and 3G services redundant by 2023. This will help Great Britain in freeing up its radio waves for 5G and eventually 6G services with the hope that it will power futuristic technologies like drone, driverless and virtual technologies (Click here).
5)
Australia is planning to bring new laws to regulate ‘crypto and ‘BNPL’ industry
Australia is said to be seriously weighting on the option of bringing new licensing framework for cryptocurrency exchanges and is also mulling to rollout a retail central bank digital currency. Simultaneously, the Asia pacific country is also considering to bring regulatory laws for Buy Now and Pay Later (BNPL) industry (Click here).
