When Snap Inc kicks off the third-quarter earnings season for tech and social media companies on Thursday, investors are expecting modest revenue growth across most of the sector as results will be compared with a difficult 2021 when Apple Inc privacy changes began to upend the advertising industry. But a possible recession next year makes […]
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A growing number of funds are betting on the long-term appeal of bitcoin and ether, a gritty gambit in the depths of a crypto winter. Unfazed by a collapse in prices over the past 11 months, investment firms have unleashed a flurry of exchange-traded funds, anticipating that elite cryptocurrencies and their underlying technology will eventually […]
Rising Taiwan-China and U.S.-China tensions have brought “more serious” challenges for the semiconductor industry, the chairman of Taiwanese chipmaker TSMC said on Wednesday. Taiwan is a major producer of chips used in everything from cars and smartphones to data centres and fighter jets, and Taiwan Semiconductor Manufacturing Co Ltd (TSMC) is the world’s largest contract […]
Britain’s competition regulator has ordered Facebook-owner Meta to sell animated-images platform Giphy on Tuesday after a tribunal upheld its view that the acquisition could damage its rivals and remove a potential competitor in advertising. Meta said it would accept the Competition and Markets Authority’s (CMA) order to unwind the 2020 deal. “We are disappointed by […]
Dubai, UAE, 14 October, 2022: du, from Emirates Integrated Telecommunications Company (EITC), has partnered with the Abu Dhabi Department of Economic Development (ADDED) to enable telco services on TAMM, Abu Dhabi government services website. The announcement was made at GITEX Global 2022 – where du is presenting an innovative showcase under the theme ‘Powering Governments, […]
Dubai, UAE, October 2022: du, from Emirates Integrated Telecommunications Company (EITC), has partnered with GoDaddy to enable Small and Medium Enterprises (SMEs) and the Small Office, Home Office (SoHo) segment to create, evolve and grow their digital presence. The announcement was made at GITEX Global 2022 – where du is presenting an innovative showcase under […]
Facebook parent Meta Platforms Inc on Thursday asked a U.S. judge to dismiss a lawsuit filed by the Federal Trade Commission (FTC) that argues that the company’s proposed deal to buy reality content maker Within Unlimited should be blocked. “The FTC’s attempt to fix its ill-conceived complaint still ignores the facts and the law and […]
Inflation is a part of every economic lifecycle. While it should be expected, keeping your money in cash can prove the universe. Currency can lose value during inflation, and its purchasing power can diminish. That’s why many people turn their cash into aspects that can hold their worth over time. Stocks, bonds, crypto, and Bitcoin, […]
Alphabet unit Google could face EU antitrust charges next year over its digital advertising business, putting the company at risk of its fourth fine in the EU of more than a billion euros, people familiar with the matter said on Thursday. Google’s ad business, which generated over $100 billion in sales last year, is Alphabet’s […]
Dubai, UAE, 11 October 2022: du, from Emirates Integrated Telecommunications Company (EITC), has strengthened its partnership with Fazaa initiative to offer exclusive benefits to cardholders across the UAE. The Memorandum of Understanding (MoU) was signed at GITEX Global 2022 – enabling the telco to provide unique mobile offers and greatest benefits to its members and […]