Search results for "tech giant"

Top Bangladesh cellphone company pays $117M in legal tussle

By JULHAS ALAM Associated Press DHAKA, Bangladesh (AP) — Bangladesh’s leading cellphone operator paid $117 million to the country’s telecommunication regulator on Sunday amid a protracted legal tussle with the government that could result in the loss of its license to operate in one of the world’s fastest-growing mobile markets, officials said. Zakir Hossain Khan, […]

WhatsApp continues to dominate the world of messaging

OTT messaging giant WhatsApp, has reached over two billion users. The company announced the results on Wednesday stating the amount of subscribers was 1.5 billion at the end of 2017. The mobile messaging app was founded in 2009 and after much success, was finally acquired by Facebook in 2014. The deal was valued at $19 billion […]

How to take back control of your data in 2020

Chief Operating Officer of Crown Sterling, Joseph Hopkins says “There’s hardly a week that goes by these days where we aren’t confronted about another data breach or critical data loss which impacts millions of people”. Such a statement has been made evident by the news reporting that agency, Equifax, will have to pay out $650 […]

Barr's call for U.S. control of 5G providers quickly rebuked

By TALI ARBEL AP Technology Writer NEW YORK (AP) — Trump administration officials, increasingly intent on preventing Chinese global technological domination, keep floating the idea that the U.S. government should take a more direct hand in running next-generation 5G wireless networks. But the notion isn’t terribly popular — not even within the administration. On Thursday, […]

Uber loses $1.1B investing in food delivery, driverless cars

By CATHY BUSSEWITZ AP Business Writer NEW YORK (AP) — Uber is still losing money as it expands its food delivery business and develops technology for driverless cars. But revenue for its rides business nearly tripled in the final three months of last year as the company picked up more passengers around the world. That […]

GM to invest $2.2B in Detroit to build electric vehicles

By TOM KRISHER AP Auto Writer DETROIT (AP) — General Motors is spending $2.2 billion to refurbish an underused Detroit factory so it can build a series of electric and self-driving vehicles, eventually employing 2,000 people. GM said in a statement Monday that the factory will start building the company’s first electric pickup late in […]

Workers criticize Amazon on climate despite risk to jobs

By BARBARA ORTUTAY AP Technology Writer SAN FRANCISCO (AP) — Hundreds of employees are openly criticizing Amazon’s record on climate change despite what they say is a company policy that puts their jobs at risk for speaking out. On Sunday, more than 300 employees of the online retail giant signed their names and job titles […]

Sale ending soon? How online stores trick you into buying

By JOSEPH PISANI AP Retail Writer NEW YORK (AP) — Sale ending soon! Only two left! This is a hot item! If you’ve shopped online, you’ve probably seen those messages. What you may not realize: They’re designed to make you spend more. Online stores have adopted tricks used for years by infomercials and home shopping […]

Deepfake installation inspires curiosity and concern

The annual World Economic Forum took place in Davos Switzerland this week, where a computer scientist – Professor Li, show cased his deepfake installation. Much the same as other deepfake installation software, his creates computer-manipulated videos of other people – mainly people in the spotlight like politicians or celebrities – that are intended to look […]

Telco responds to climate change through innovation

The World Economic Forum is currently taking place in Davos, Switzerland. One of the key launches of this year’s event came from Scandinavian telecom giant, Ericsson. In collaboration with partners, Ericsson has launched the first business playbook for exponential climate change. The playbook summarises a framework for businesses to drive strategies in line with stabilizing […]