Search results for "tech companies "

Your palm print is worth $10 according to Amazon

The retail and cloud giant is offering $10 in credit if you enroll your palm print in its checkout-free stores and link it to back to your profile.   Amazon introduced its new biometric palm print scanners, Amazon One, last year. Customers were able to purchase their desired products in specific stores by waving their palm prints over one of these scanners.   By February, the company branched out its palm scanners […]

Tencent shares tank by 10% after China media attack

Some of China’s biggest gaming firms experienced a 10 percent decline in shares on Tuesday, after being labelled as “spiritual opium” by a state-owned media outlet. China’s largest social media and video games firm Tencent recorded a plunge of 10 percent during early trade, while NetEase lost as much as 14 percent in Hong Kong; […]

Mauritius Telecom introduces 5G services across the country

Mauritius Telecom announced last week the introduction of 5G services to its offering on the island, a step which follows the provider’s receival of 5G license for mobile telephony earlier last month.  The telco was among two other companies, Cellplus Ltd and Emtel Ltd, that had applied in February to a public consultation regarding the opening of frequency bands for 5G.  By April, the three operators were invited to submit their applications for the spectrum.   In […]

Why the telecom business needs scriptless testing with AI

Telecoms companies are under ever-increasing pressure to release quickly. One of the biggest obstacles, however, is testing. How does testing keep up with the demand for secure, bug-free software, especially with the proliferation of devices? Automated continuous testing has addressed some of the challenges, but also created new ones. Now, recent innovations in scriptless technology […]

BT, Microsoft partner to enhance voice calling

London-based telecom provider BT partnered on Thursday with Microsoft to enhance enterprise voice calling, security, and industry-focused services in various sectors.  The new agreement will allow BT to switch its global managed voice services to the cloud and deliver them directly through Microsoft Teams.  Microsoft’s Operator Connect plan, that supports telecom operators adding their calling plans to Microsoft Teams, will help the British partner to create new business models and revenue streams.  According to Microsoft’s blog post this deal “paves the way for the development […]

Climate bid faces tricky path over money for electric cars

The bipartisan compromise on infrastructure cuts in half President Joe Biden’s call for $15 billion to build 500,000 electric vehicle charging outlets, raising the stakes as the administration seeks to win auto industry cooperation on anti-pollution rules to curb climate change. The Senate legislation provides $7.5 billion in federal grants to build a national network […]

Facebook profits top $10B as its CEO exalts the 'metaverse'

Concerns about a revenue growth slowdown pushed Facebook’s shares lower in after-hours trading Wednesday, not long after the company reported that its second-quarter profits doubled thanks to a massive increase in advertising revenue. But CEO Mark Zuckerberg set his sights far beyond the second half of 2021, exalting what he sees as the next phase […]

Uber shares drop as Softbank plans to sell 45 million in stakes

Uber shares tumbled on Wednesday with more than 4.5 percent in extended trading, following a report stating that SoftBank is selling around $2 billion worth of shares, in a definitive attempt to recover from lost bets on Didi and other investments. Japanese telecommunications and technology multinational conglomerate Softbank is selling a whopping 44 million shares […]

Hatif Libya inked a fiber optic network with U.S. firm

Libya’s government-owned telecom Hatif Libya signed on Monday an agreement to improve its fiber optic network with an U.S.-based supplier of open optical networking solutions called Infinera.  This project will provide access to internet and mobile services in Libyan areas that were not covered previously by the network and improve the quality and reliability of services for all customers.   Infinera will install Automatically Switched Optical Network (ASON) technology, that will enable the Libyan company to dynamically […]