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The evolution of unified communications in 2021

Digital transformation has accelerated in recent times, as millions of organizations have had to support remote operations, now joined by the need to develop hybrid working models. Unified communications (UC) is a vital part of digital transformation’s foundations and is the glue that brings together all the various elements into one interconnected environment. In today’s […]

South Korea to release Samsung scion on parole

South Korea will release billionaire Samsung scion Lee Jae-yong on parole this week after he spent 18 months in prison for his role in a massive corruption scandal that triggered nationwide protests and led to the ouster of the country’s previous president. The announcement Monday by the Justice Ministry, which came with a year left […]

Facebook profits soar but its success might be short-lived

Facebook’s success is rapidly taking flight; however, it’s about to face serious challenges on multiple fronts.   The company’s revenue grew 56 percent year-on-year (YoY) in the second quarter, amounting to $29 billion, according to a statement published on Wednesday.  Facebook’s savvy marketing strategy and technological advancement managed to double its quarterly profit to almost $10.4 billion, $8.7 billion more than what analysts estimated.  If this isn’t impressive enough, then take […]

Facebook, Twitter, and Google sue Florida over new social media law

Two tech trade groups consisting of Facebook, Twitter, and Google have filed a lawsuit against the state of Florida over a new law that would fine social media companies that bar political candidates, citing a violation of free speech. The lawsuit – which highlighted that the bill was signed by Republican Florida Governor Ron DeStantis […]

Samsung thrives as Seoul mulls pardon of corporate heir

Pressure is mounting on South Korean President Moon Jae-in to pardon Samsung heir Lee Jae-yong, who is back in prison after his conviction in a massive corruption scandal, even though business has rarely looked better at South Korea’s largest company. Lee is just the latest South Korean corporate boss to run his business from behind […]

Public transit hopes to win back riders after crushing year

Taking the Los Angeles Metro for his first trip in months, Brad Hudson felt a moment of normalcy when the train rolled into the station in South Pasadena, California, harkening back to his daily commute into LA before the coronavirus pandemic. Then Hudson boarded the train, and reality set in. Not everyone wore masks. Metro […]

Huawei to launch two 6G network satellites in July, report finds

Chinese tech titan Huawei is reportedly looking to launch two satellites alongside two Chinese partners during July 2021 meant for verifying 6G network technologies, as the company aims to take the lead in its global R&D efforts, The Global Times reported late last week. According to the report – which cites independent digital blogger Chang’an […]

Zoom Apps to receive $100 million investment to expand ecosystem

Popular video-conferencing platform Zoom Video Communications Inc. announced on Monday the creation of a new $100 million venture fund created to stimulate growth of the company’s ecosystem of Apps, integrations, developer platform, and hardware. The Zoom Apps fund will comprise of portfolio companies who will receive initial investments between $250,000 and $2.5 million to build […]

Scrutiny of Tesla crash a sign that regulation may be coming

The fiery crash of a Tesla near Houston with no one behind the wheel is drawing scrutiny from two federal agencies that could bring new regulation of electronic systems that take on some driving tasks. The National Highway Traffic Safety Administration and the National Transportation Safety board said Monday they would send teams to investigate […]