Search results for "tech companies "

TikTok CEO resigns amid US pressure to sell video app

HONG KONG (AP) — TikTok CEO Kevin Mayer resigned Thursday amid U.S. pressure for its Chinese owner to sell the popular video app, which the White House says is a security risk. In a letter to employees, Mayer said that his decision to leave comes after the “political environment has sharply changed.” His resignation comes […]

Secretive Palantir lifts veil before Wall Street stock sale

BOSTON (AP) — Palantir Technologies Inc., a data-mining company with deep ties to U.S. intelligence and military agencies, has shed a good deal of its trademark secrecy about its business in filing for a Wall Street stock offering. Like many other tech companies, it will be going public without ever turning a profit. In filings […]

Russia takes a different stance on Huawei 5G deployment

The United States of America has been pressuring its allies to ban the Chinese Telecom giant Huawei from the deployment of the 5G network. Countries like Australia and the United Kingdom have restricted Huawei from developing and implementing modern technologies. Russia has not. “Russia has no intention to follow the example of the United States […]

Oman’s telecom sector - a fast-growing and competitive market

In the past few years, the Sultanate of Oman has been considered as the most progressive telecom market in the Middle East for its liberalization and promotion of competition. Oman has a total of 16 telecom service providers operating under 3 categories. The competition between the telecom operators has engendered significant growth for different sectors […]

Latest update on the Russian vaccine for Covid-19

Petrovax Pharm, a full cycle biopharmaceutical company in Russia has started the late-stage trial of the Russian vaccine candidate for COVID-19 from CanSino Biologics Inc. The Chinese drug firm is setting up testing abroad to close the gap on regulatory approval. The Russian vaccine dubbed Ad5-nCoV has already received approval for military use by China […]

Covid-19 pandemic makes UK SMEs vulnerable to cyberattacks

The United Kingdom is already vulnerable to cyberattacks. A study conducted by Specops on cybercrimes between 2006 and 2020 shows that the country is the second most targeted by significant cyberattacks. In light of the Covid-19 pandemic, many companies have shifted their businesses online in response to the lockdown measures. A significant number of UK […]

Trump administration imposes new Huawei restrictions

The Trump administration is further tightening restrictions on China’s Huawei, seeking to starve it of crucial components by cutting off all access to U.S. technology. “We don’t want their equipment in the United States because they spy on us,” Trump told Fox News on Monday. “And any country that uses it, we’re not going to […]