Oracle Corp plans to invest $1.5 billion in Saudi Arabia in the coming years as it builds up its cloud footprint in the kingdom and opens its third public cloud region in Riyadh, a company official said. Saudi officials have pressed international companies to invest in the kingdom and move their regional headquarters to Riyadh […]
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In a world where technology plays a crucial role in shaping international relationships, telecoms have emerged as a powerful tool for governments to impose sanctions and restrict access to communication services. In today’s connected world, telecoms provide a direct link between individuals, organizations, and countries. Therefore, its makes it easier for governments to enforce their […]
Banking dates back to the Mesopotamian era (i.e., 8000–2000 B.C.) when Babylonians depositing gold had to pay as much as one-sixtieth of the total deposited. In fact, the code commissioned by Hammurabi, king of Babylon c. 1792–1750 BCE, stipulated in several laws how citizens were to conduct their banking activities (i.e., loans, repayment, deposits, etc.). Today, […]
Operators of telecommunications networks produce a ton of data about service users. Given the digital transformation and data-driven initiatives of business clients, this data can offer insights of great value. When this data is shared, it can open up new revenue opportunities and, if done well, give business decision-making a level of agility that was […]
Layoffs in the United States hit a more than two-year high in January as technology firms cut jobs at the second-highest pace on record to brace for a possible recession, a report showed on Thursday. The layoffs impacted 102,943 workers, a more than two-fold jump from December and an over five-times surge from a year […]
Microsoft Corp on Wednesday rolled out a premium Teams messaging offering powered by ChatGPT to simplify meetings using the AI chatbot that has taken Silicon Valley by a storm. The premium service will cost $7 per month in June before increasing to $10 in July, Microsoft said. OpenAI-owned ChatGPT will generate automatic meeting notes, recommend […]
Meta Platforms Inc shares closed about 23% higher on Thursday and helped spark a rally in the technology sector after the Facebook owner floored Wall Street by slashing its spending forecast and boosting its stock buyback plan by $40 billion. The company added more than $90 billion to its market value and the stock logged […]
Lawyers for Alphabet Inc’s Google LLC on Wednesday said they will ask a federal judge in Virginia to move the U.S. Justice Department’s antitrust lawsuit to Manhattan federal court, where the company is already fighting claims that it has abused its market power for online advertising technology. In a filing in the Manhattan litigation, Google’s […]
Applications for intelligent terminals are growing, including those for smart cities, smart transportation, virtual reality, and augmented reality. The various needs mean that 5G networks still need to be enhanced. However, the exploration and use of upcoming 6G networks still heavily depend on effectively utilizing the resources. A new era of the Internet of everything would begin […]
After a challenging 2022 in which advertising-dependent companies faced shrinking budgets and cratering stock prices, fourth-quarter results this week from Alphabet, Meta Platforms and Snap showed they were not yet in the clear. The health of the advertising industry closely mirrors the economy, and many advertisers have pared back their marketing budgets in response to […]