Etisalat, Emirate’s biggest telecom firm saw a 2.4 percent increase in its stock market after agreeing to acquire another stake in Maroc Telecom Group for $505 million. After obtaining the Abu Dhabi Fund for Development’s 8.7 percent stake in the holding firm Etisalat Investment North Africa (EINA), the deal boosted Etisalat Group’s ownership in Maroc […]
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If you’ve engaged with the internet at all back in 2010, then you’ve probably come across Nev Schulman’s online love story. The internet blew up with Schulman’s online relationship with a 19-year-old girl, in which romance blossomed between them for nine months. Unfortunately, the love story does not have a happy ending. After meeting in […]
Indonesian operator XL Axiata announced on Thursday their receival of a 5G network operating license from the country’s Ministry of Communication and Information, the company said in a statement. The announcement came after the local telco passed the required Operational Appropriate Test (ULO) that was carried out earlier this month to obtain its Operational Appropriate Certificate (SKLO). “Today, we together welcome XL Axiata which has just received Operation Eligibility Certificate (SKLO) for […]
A Moscow court penalized on Tuesday Alphabet Inc’s Google with a sum of $142,877 for violating the state’s rules on prohibited content, amidst the latest clash between Big Tech companies and the Russian state. The Tagansky District Court fined search engine titan Google with five independent fines of approximately $190,000 for not deleting content banned […]
Multiple federal agencies that operated in Afghanistan and worked with Afghan citizens have been hastily purging their websites, removing articles and photos that could endanger the Afghan civilians who interacted with them and now fear retribution from the Taliban. The online scrubbing campaign appeared to begin late last week when it became clear that the […]
Federal Reserve Chairman Jerome Powell said Tuesday that the U.S. economy has been permanently changed by the COVID pandemic and it is important that the central bank adapt to those changes. “We’re not simply going back to the economy that we had before the pandemic,” Powell said at a Fed virtual town hall for educators […]
Investing in cryptocurrency can be as easy as a few taps on your phone, and with crypto all over the news and coming up in conversations with friends, it’s tempting to dive right in. However, depending on your financial situation and appetite for investing risk, crypto might not be an appropriate investment for you right […]
A1 Telekom Austria Group announced the purchase of a new 5G spectrum worth $16.59 million for its Croatian subsidiary A1 Croatia, after winning a public auction on Thursday. Earlier last week, Croatia’s telecommunications regulator approved the bids placed by local mobile operators, Hrvatski Telekom (HT), A1, and Telemach in a public auction for allocation of national frequency licenses for 5G mobile networks. A1, Hrvatski Telekom, and Telemach were awarded national licenses in […]
Indian telecom operator Vodafone Idea (Vi) announced on Saturday a 4.7 percent dip in revenues QoQ, attributing its weak performance to the COVID-19 pandemic, as the operator edges ever closer to bankruptcy. The loss in revenue – which amounts to $1.2 billion – is considered as another blow to the company, which is resorting to outside factors as the main reason behind its […]
Walmart is officially joining the cryptocurrency bandwagon. The popular American retailer posted on the company’s job listing a new position for a senior director to develop digital currency products, with the potential of including cryptocurrency payments. If you’re still warming up to the idea of cryptocurrency disrupting our traditional means of finance, then you might be moving on a slower pace as an increasing number of Fortune 500 companies are beginning to work with the digital currencies. Walmart’s move […]