Search results for Global Alliance
Games & Commerce
Wemade, NICE Information & Telecommunication to jointly build Web3 payment infrastructure
Wemade said on Tuesday it signed a memorandum of understanding with NICE Information & Telecommunication to build Web3 payment infrastructure. The agreement aims to research and develop payment infrastructure that combines Web3 with legacy finance. The partners plan joint research, preparations and pilot tests to connect the Web3 sector with offline payment ecosystems. They will share information on stablecoins and blockchain payments and test linking WEMIX and USDC.e to NICE’s payment network.
AI & Enterprise
Selectstar joins Open Telco AI as official partner
Selectstar, an AI data and reliability evaluation company, said on Thursday it has joined the GSMA-launched Open Telco AI as an official partner for data and AI evaluation. The alliance brings together more than 40 companies and institutions including AT&T, AMD and Google Cloud. Selectstar said it will help verify reliability across the ecosystem, support Open Telco Benchmark operations and provide AI reliability assessment and red-teaming services for telecom operators.
Telecommunications & Media
Can a 40,000-won ultra-low-cost smartphone work? Manufacturers say costs are hard to bear
A global project to cut smartphone prices to about $40, or roughly 40,000 won, is gaining momentum, with GSMA launching a pilot programme for ultra-low-cost 4G devices. Major African mobile operators will take part across six countries, and GSMA expects 20 million new internet users if it succeeds. Analysts warn parts costs, rising memory prices and import tariffs could hinder production and sustainability without government and financial backing.
