NEW YORK (AP) — The coronavirus pandemic took a toll on Comcast in the second quarter as movie theaters closed, theme parks shut down and advertisers cut back. The company reported Thursday that its NBCUniversal TV, film and theme park divisions, as well as its Sky unit in Europe, all suffered steep drops in revenue […]
Inside Telecom Staff
WASHINGTON (AP) — The Latest on testimony before a congressional committee by the CEOs of Facebook, Apple, Amazon and Google (all times local): 6:30 p.m. Democratic chairman of a House antitrust panel says Facebook is making money off dangerous lies that could have deadly consequences. Rep. David Cicilline lodged the accusation at the tech company’s […]
WASHINGTON (AP) — Four Big Tech CEOs — Facebook’s Mark Zuckerberg, Amazon’s Jeff Bezos, Sundar Pichai of Google and Tim Cook of Apple — are set to answer for their companies’ practices before Congress as a House panel caps its yearlong investigation of market dominance in the industry. The four command corporations with gold-plated brands, […]
Prysmian Group files legal proceedings for patents’ infringements against competitor. Prysmian Group, one of world’s leader in the energy and telecom cable systems industry, announced the filing of two legal proceedings against a competitor company in the field of telecom cables. As an industry leader committed to the supply and promotion of innovative products as […]
Hong Kong is committed to the growth of their fintech sector. With a national GDP of $341.4bn, the city is fast becoming a hub for digital transformation. The rapid advancements in technology has led to the rise in fintech innovation and online banking methods which has supported consumer needs amid the pandemic. The latest report […]
BEIJING (AP) — They have the largest economies in the world. They spend more than anyone else on their militaries. From high-tech chips to control of the high seas, their interests are closely intertwined. The ongoing sharp deterioration in U.S.-China ties poses risks to both countries and the rest of the world. In the latest […]
PRISTINA, Kosovo (AP) — Kosovo’s foreign minister said that she asked Apple to correct her country’s borders in its maps. Meliza Haradinaj posted in her Twitter page on Sunday that she had written a letter to Apple CEO Tim Cook “to take immediate steps to correctly present Kosovo’s internationally recognized borders in its AppleMap Service.” […]
The shift to telework, video conferences, social distancing and reduction of high-density work settings, are all measures taken by companies to help mitigate the transmission of Coronavirus. This change in work life has also encouraged the digitization of businesses. For many companies in Japan, work from home measures will stay in place for better operational […]
NEW YORK (AP) — SAP says it plans to spin off Qualtrics and take it public less than two years after acquiring the survey-software provider. SAP said Sunday it will retain majority ownership of Qualtrics’ shares. The German software giant announced in November 2018 that it agreed to pay $8 billion cash for Qualtrics, just […]
CHICAGO (AP) — Social media has become the target of a dueling attack ad campaign being waged online by the sitting president and his election rival. They’re shooting the messenger while giving it lots of money. President Donald Trump has bought hundreds of messages on Facebook to accuse its competitor, Twitter, of trying to stifle […]
