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Amazon SideWalk in Canada

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Amazon is ready to initiate the sidewalk throughout the world including Canada. So many people are concerned about what exactly is a sidewalk and should you be concerned in any way?

Well to put it simply amazon sidewalk is a new way of communication where amazon creates a network by using its echo devices and other devices. What is going to happen is that these devices would be using your home’s internet connection and creating a small network for communication. Using the ring and echo devices this will be executed where they would be forming a bridge (as the company calls it) between the two devices. While these various bridges would be used to create networks.

Amazon said this is done for easier connections and simpler setups even when your wifi goes out. Which would allow you to use title trackers and find pets easily. You would not have to spend 500 dollars on those devices but rather just use this to get updated information on your belongings. This is going to get a lot of people hooked on the devices. Using your ring and echo devices without your own internet connection sounds pretty good but is there a hidden reason for amazon to become an ISP on its own well that is something only time will tell.

So now the question is should you be concerned about this?

Well if you own an amazon echo device you will have to ask Alexa to opt you out of it because this is going to come in as activated by default. This means that you will need to put in some effort to change this if for any reason you don’t want to be a part of this program.

There are tutorials online that would help you to opt-out of this by using your Alexa app on your phone.

Another concern is that this is not the first time a company has done something like this. Apple has enhanced the find my network in a similar manner with the introduction of air tags and have responsibility for finding phones, and things using other users devices that might not know that their device is being used in the process.

Well most common people that are using the internet nowadays are more concerned about the data that is being used by these huge corporations and who are they gathering and using the data for their personal and private benefits. Additionally are data sharing policies being used and met with proper standards. Creating a rule is one thing and following it is completely another.

What bodies are placing a check on whether the huge tech giants are following these steps or not? These are the big questions with few answers and to think that now the internet is being owned by one of these giants. I mean the real question everyone should be asking is how big can these giants become and what kind of influence they hold onto our lives in the future?

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Britain in talks with 6 firms about building gigafactories for EV batteries

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Britain is in talks with six companies about building gigafactories to produce batteries for electric vehicles (EV), the Financial Times reported on Wednesday, citing people briefed on the discussions.

Car makers Ford Motor Co and Nissan Motor Co Ltd, conglomerates LG Corp and Samsung, and start-ups Britishvolt and InoBat Auto are in talks with the British government or local authorities about locations for potential factories and financial support, the report added .

 

(Reporting by Kanishka Singh in Bengaluru; Editing by Himani Sarkar)

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EBay to sell South Korean unit for about $3.6 billion to Shinsegae, Naver

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EBay will sell its South Korean business to retailer Shinsegae Group and e-commerce firm Naver for about 4 trillion won ($3.6 billion), local newspapers reported on Wednesday.

EBay Korea is the country’s third-largest e-commerce firm with market share of about 12.8% in 2020, according to Euromonitor. It operates the platforms Gmarket, Auction and G9.

Shinsegae, Naver and eBay Korea declined to comment.

Lotte Shopping had also been in the running, the Korea Economic Daily and other newspapers said, citing unnamed investment banking sources.

South Korea represents the world’s fourth largest e-commerce market. Driven by the coronavirus pandemic, e-commerce has soared to account for 35.8% of the retail market in 2020 compared with 28.6% in 2019, according to Euromonitor data.

Shinsegae and Naver formed a retail and e-commerce partnership in March by taking stakes worth 250 billion won in each other’s affiliates.

($1 = 1,117.7000 won)

 

(Reporting by Joyce Lee; Editing by Edwina Gibbs)

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Canada launches long-awaited auction of 5G spectrum

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Canada is set to begin a hotly anticipated auction of the mobile telecommunications bandwidth necessary for 5G rollout, one that was delayed more than a year by the pandemic.

The 3,500 MHz is a spectrum companies need to provide 5G, which requires more bandwidth to expand internet capabilities.The auction, initially scheduled for June 2020, is expected to take several weeks with Canadian government selling off 1,504 licenses in 172 service areas.

Smaller operators are going into the auction complaining that recent regulatory rulings have further tilted the scales in the favour of the country’s three biggest telecoms companies – BCE, Telus and Rogers Communications Inc – which together control around 90% of the market as a share of revenue.

Canadian mobile and internet consumers, meanwhile, have complained for years that their bills are among the world’s steepest. Prime Minister Justin Trudeau’s Liberal government has threatened to take action if the providers did not cut bills by 25%.

The last auction of the 600 MHz spectrum raised C$3.5 billion ($2.87 billion) for the government.

The companies have defended themselves, saying the prices they charge are falling.

Some 23 bidders including regional players such as Cogeco and Quebec’s Videotron are participating in the process. Shaw Communications did not apply to participate due to a $16 billion takeover bid from Rogers. Lawmakers and analysts have warned that market concentration will intensify if that acquisition proceeds.

In May, after Canada‘s telecoms regulator issued a ruling largely in favour of the big three on pricing for smaller companies’ access to broadband networks, internet service provider TekSavvy Inc withdrew from the auction, citing the decision.

Some experts say the government has been trying to level the playing field with its decision to set aside a proportion of spectrum in certain areas for smaller companies.

Gregory Taylor, a spectrum expert and associate professor at the University of Calgary, said he was pleased the government was auctioning off smaller geographic areas of coverage.

In previous auctions where the license covered whole provinces, “small providers could not participate because they could not hope to cover the range that was required in the license,” Taylor said.

Smaller geographic areas mean they have a better chance of fulfilling the requirements for the license, such as providing service to 90% of the population within five years of the issuance date.

The auction has no scheduled end date, although the federal ministry in charge of the spectrum auction has said winners would be announced within five days of bidding completion.

($1 = 1.2181 Canadian dollars)

 

(Reporting by Moira Warburton in Vancouver; Editing by David Gregorio)

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