Major Asian stock indexes were mostly higher on Thursday after President Joe Biden held his first conversation with Chinese leader Xi Jinping since taking office. Many markets in Asia were closed for the Lunar New Year and other holidays. Benchmarks in Hong Kong, India and Sydney advanced while Singapore and Thailand declined. With much of […]
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Zeng Jiajun, a former tech worker, fell in love with social media app Clubhouse, a window through the ruling Communist Party’s pervasive censorship, after listening to a freewheeling discussion between members of China’s Uighur minority and Han majority that wound up lasting 12 hours. Thousands of Chinese flocked to the app, which allowed unfettered discussion […]
Google Cloud and Sigfox announced on Wednesday that the leading global 0G network and Internet of Things (IoT) platform services provider, has partnered with Google Cloud to scale its cloud infrastructure and extend its IoT services portfolio. This partnership will enable Sigfox to rapidly accelerate its “Massive IoT” agenda—processing billions of messages each month from […]
United Airlines said Wednesday it will buy up to 200 small electric air taxis to help customers in urban areas get to the airport. The airline said it will help electric-aircraft startup Archer develop an aircraft capable of helicopter-style, vertical takeoffs and landings. Archer hopes to deliver its first aircraft in 2024, if it wins […]
Micro-blogging giant Twitter seems to be in hot water on multiple fronts this week, as its previous suspension of former U.S. President Donald Trump’s account during his last days in office seem to be haunting the platform. The social media company is facing freedom of speech and regulation-oriented debates over the content that’s being pushed […]
Hello Pal International, Inc., announced on Tuesday growing revenues tipping the company as a viable new player in the international live stream, message, travel, and language app space. The Hello Pal platform is a proprietary suite of mobile applications built on a user-friendly messaging interface that focus on social interaction, language learning and travel. The […]
As the COVID-19 global pandemic has put an emphasis onto the digital health sector, investments are continuously pouring in to further grow the bridge between technology and medicine; and Big Tech are starting to notice. Search engine giant Google is looking to get part of the action, by partnering up with U.S.-based medical technology company […]
South African telecom-giant MTN Group announced on Tuesday that it will sell its 20 percent shareholding stake in Belgacom International Carrier Services (BICS) to Belgian state-controlled telecoms firm Proximus for $121.41 million. However, the timing of closing is dependent on customary regulatory approvals. Once all the saleconditions,legal precedent, has been fulfilled, MTN will receive proceeds […]
Japanese telecommunications and technology conglomerate Softbank Group Corp. reported Monday a whopping 1.17 trillion yen ($11 billion) profit for the October-December quarter as its investments rose in value. SoftBank’s profits were far better than what analysts had expected, zooming up 21-fold from the 55 billion yen profit recorded the previous year. The value of its […]
China aims to keep its tech industry under a tight noose, as the country’s market regulator released new and stricter rules to boot out monopolistic practices on Sunday, primarily targeting its tech giants. The new legislation – issued by the State Administration for Market Regulation (SAMR) – will cement an earlier anti-monopoly draft law which […]