Mobile phone operator Grameenphone on Sunday filed a review petition with the Appellate Division of the Supreme Court seeking permission to pay Tk 575 crore in 12 instalments as an ‘adjustable deposit’ to the Bangladesh Telecommunication Regulatory Commission (BTRC) over an audit dispute, almost triple the amount it offered to pay earlier.
The review petition was filed with the Appellate Division, said Hossain Sadat, Director and Head of Regulatory Affairs, Grameenphone.
“We are seeking consideration of the court to allow GP to deposit Tk 575 crore, which is 25 percent of the basic money demanded in the audit, through 12 equal monthly instalments,” Sadat said.
Earlier on November 24, the Supreme Court asked GP to pay Tk 2,000 crore of the Tk 12,579.95 crore dues claimed by BTRC as an adjustable deposit within 3 months.
The SC passed the order after hearing a petition filed by the telecom regulator against a High Court order.
It also said the two-month injunction on realisation of the dues slapped by the HC will be vacated if Grameenphone fails to pay the amount.
On October 24, the apex court wanted to know from GP how much of the amount claimed by BTRC it would be willing to cough up as adjustable deposit, to which the mobile phone company responded with an offer of Tk 200 crore.
China's software and information technology (IT) sector is increasingly driven by technology innovation, an industrial survey showed.
The index tracking the sector's overall development has continued to rise in recent years, according to the Ministry of Industry and Information Technology (MIIT).
The 2019 index rose by 8.6 points over one year ago, with technology innovation as one of the sub-indice posting the fastest growth.
The tech innovation sub-index contributed 52.6 percent to the rise of the sector's overall development.
The total revenue of the software sector amounted to 6.46 trillion yuan (about 931.3 billion U.S. dollars) in the first 11 months of 2019, up 15.5 percent from a year earlier, MIIT data showed.
Google's chief executive called Monday for a balanced approach to regulating artificial intelligence, telling a European audience that the technology brings benefits but also "negative consequences."
Sundar Pichai's comments come as lawmakers and governments seriously consider putting limits on how artificial intelligence is used.
"There is no question in my mind that artificial intelligence needs to be regulated. The question is how best to approach this," Pichai said, according to a transcript of his speech at a Brussel-based think tank.
He noted that there's an important role for governments to play and that as the European Union and the U.S. start drawing up their own approaches to regulation, "international alignment" of any eventual rules will be critical. He did not provide specific proposals.
Pichai spoke on the same day he was scheduled to meet the EU's powerful competition regulator, Margrethe Vestager. She's also due to meet Microsoft President Brad Smith separately on Monday.
Vestager has in previous years hit the Silicon Valley giant with multibillion-dollar fines for allegedly abusing its market dominance to choke off competition. After being reappointed for a second term last autumn with expanded powers over digital technology policies, Vestager has now set her sights on artificial intelligence, and is drawing up rules on its ethical use.
Pichai's comments suggest the company may be hoping to head off a broad-based crackdown by the EU on the technology. Vestager and the EU have been the among the more aggressive regulators of big tech firms, an approach U.S. authorities have picked up with investigations into the dominance of companies like Google, Facebook and Amazon.
"Sensible regulation must also take a proportionate approach, balancing potential harms with social opportunities," he said, adding that it could incorporate existing standards like Europe's tough General Data Protection Regulation rather than starting from scratch.
While it promises big benefits, he raised concerns about potential downsides of artificial intelligence, citing as one example its role in facial recognition technology, which can be used to find missing people but also for "nefarious reasons" which he didn't specify.
In 2018, Google pledged not to use AI in applications related to weapons, surveillance that violates international norms, or that works in ways that go against human rights.
Pichai was also due on Monday to meet Frans Timmermans, the EU commissioner overseeing the European Green Deal, the bloc's plan to fight climate change by making the continent carbon neutral by 2050, including through technology. He's then scheduled to head to the World Economic Forum in Davos, Switzerland, this week.
Huawei received ‘Best Pavilion’ award in ‘Digital Bangladesh Fair 2020’, which was arranged for the first time in the country.
The award was given to Huawei for its contribution to make the fair successful by grabbing majority visitors through offering 5G experience, Real time VR testing, Humanoid Robot show, 5G smartphone experience and many more exciting facilities for free.
Zhang Zhengjun, CEO of Huawei Technologies (Bangladesh) Ltd, received the prize from the Post and Telecommunications Minister Mustafa Jabbar on Saturday evening in the closing ceremony at Bangabandhu International Conference center.
Finance Minister AHM Mustafa Kamal and other high officials of the ministry of Post and Telecommunications and Huawei Technologies (Bangladesh) Ltd. were also present there.
Huawei, the titanium sponsor of the fair, demonstrated 5G in the 'Digital Bangladesh Mela 2020'.
Moreover, there was an arrangement of amazing Robot show, where the interactive humanoid robot had played soccer following the command of hand gesture.
The aim of the arrangements was to showcase the advancement of 5G technology in Human-to-Machine or Machine-to-Machine communication.
There was another exciting play-zone where visitors had experienced real-time virtual reality (VR) test through 5G technology.
Germany's interior minister is suggesting that his country can't build a 5G mobile network without Chinese tech giant Huawei, at least for now, intervening in an issue that has caused tensions between the U.S. and its allies.
Washington has been pressuring its allies to ban Huawei, the world's biggest supplier of telecom gear, from new 5G networks. It alleges that the company poses an espionage threat.
Germany, however, has decided not to ban Huawei from competing for contracts to build the country's 5G networks, instead agreeing that companies must meet strict standards, which still could end up excluding the Chinese firm.
Interior Minister Horst Seehofer, Germany's top security official, was quoted Saturday as saying he is "against taking a product off the market just because there is a possibility that something might happen."
Seehofer said Germany must be protected against espionage and sabotage, but estimated that shutting out Chinese providers could delay building the new network by five to 10 years, the daily Frankfurter Allgemeine Zeitung reported.
"I don't see that we can set up a 5G network in Germany in the short term without participation by Huawei," Seehofer told the newspaper.