Zoom’s astronomical growth is tapering off along with the pandemic, raising questions about whether the videoconferencing service’s immense popularity will fade as more people return to classrooms, offices and other places that have been off limits for the past year. The deceleration emerged in an otherwise impressive quarterly earnings report released Monday. The stellar results […]
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President Joe Biden’s pick to be the top U.S. trade envoy is promising to work with America’s allies to combat China’s aggressive trade policies, indicating a break from the Trump administration’s go-it-alone approach. In a written testimony for her confirmation hearing Thursday before the Senate Finance Committee, Katherine Tai, Biden’s choice for U.S. trade representative, […]
South African telecom giant MTN Group announced late last week that it will pledge to achieve net zero emissions by 2040, as it plans to lead by example combatting climate change on the African Continent. With global warming on the rise and impacting countries, communities, and people everywhere, MTN has set science-based targets to achieve […]
Struggling luxury car brand Jaguar will be fully electric by 2025, the British company said Monday as it outlined a plan to phase out internal combustion engines. Jaguar Land Rover, which is owned by Indian conglomerate Tata Motors, hopes the move will help turn around the fortunes of the 86-year-old Jaguar brand, which for many […]
Australia’s Parliament will debate making Google and Facebook pay for news after a Senate committee on Friday recommended no changes to the world-first draft laws. The Senate Economics Legislation Committee has been scrutinizing the bill since it was introduced in Parliament in December. The senators rejected Facebook and Google’s arguments that the so-called media bargaining […]
Microsoft said on Wednesday it supports Australia’s plans to make the biggest digital platforms pay for news and would help small businesses transfer their advertising to Bing if Google quits the country. Microsoft has been positioning itself to increase market share for its search engine Bing after a Google executive told a Senate hearing last […]
It’s a fable for our times: Small-time investors band together to take down greedy Wall Street hedge funds using the stock of a troubled video-game store. But the revolt of online stock-traders suggests much more. The internet is shifting society’s balance of power in unanticipated ways. And the same tools that empower the little guy […]
Apple CEO Tim Cook fired off a series of thinly veiled shots at Facebook and other social media companies Thursday, escalating an online privacy battle pitting the iPhone maker against digital services that depend on tracking people to help sell ads. “Too many are still asking the question ‘how much can we get away with?’ […]
The U.S.-Chinese trade war isn’t going away under President Joe Biden. Biden won’t confront Beijing right away, economists say, because he wants to focus on the coronavirus and the economy. However, Biden looks set to renew pressure over trade and technology grievances that prompted President Donald Trump to hike tariffs on Chinese imports in 2017. […]
As our society reflects in agony upon the devastation caused by the pandemic, one can’t help but examine the direct effects of this deadly virus on our daily work in offices and closed rooms. This reflection also leads us to the big question: which companies remained standing on boxing ring? It’s safe to say that […]