FutureTech

Airtel, the world’s largest telecommunications company, has announced that it has received interest from high-quality investors. It did not, however, confirm whether Google is one of them. The exchanges sought clarification from Airtel following rumors of Google investing in the telecom provider and negotiations reaching an advanced stage. “Being a significant player in the telecom and digital industry, the company receives interests from high-quality investors and companies for its various businesses,” Airtel said in a regulatory filing. It further added as a clarification to the previous reports and speculations noting that, “We…

Amazon said on Wednesday that it plans to hire 55,000 employees globally, with around 40,000 of those positions based in the United States. Amazon said that all available opportunities are for tech and corporate positions. Separately, the firm has hired hundreds of warehouse employees to pack and transport online orders. During the epidemic, other companies lay off workers, while Amazon’s headcount grew as more people stayed at home and purchased toilet paper and food from the shopping site. It employed 500,000 workers in last year. Amazon presently employs over 1.3…

The Telecom Regulatory Authority of India (TRAI) has issued a number of proposals to improve broadband connection in the country, one of which is to set the minimum download speed for broadband access at 2Mbps. This is four times faster than the existing minimum broadband speed of 512Kbps, which was set by the FCC in 2014 as an improvement to the previous 256Kbps level. TRAI further suggests that the government expedite fixed-line broadband expansion in rural regions by reimbursing 50% of monthly subscription charges. Its proposals to improve broadband penetration…