Three of the nation’s largest food delivery companies are suing New York City over a limit on fees it put in place during the pandemic to protect restaurants devastated by the forced closure of their dining rooms. The city has continued to extend those caps even as vaccinations allow more indoor dining which, according to […]
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Ford will cease auto production in India after logging accumulated operating losses of more than $2 billion over the past 10 years. An end to production in India comes less than a year after Ford said it would close its three plants in Brazil, ceasing operations in a country where it had operated since 1919. […]
Saudi Arabia’s Communications and Information Technology Commission (CITC) launched on Sunday “The Local Roaming” initiative with the Kingdom’s leading telco firms to maximize services within all regions, specifically in remote villages and desert areas. Zain’s statement revealed that the primal phase of The National Mobile Inter-Network Roaming initiative will be launched in the Asir area […]
U.S.-based videoconferencing platform Zoom revealed on Monday that its Q2 revenue surpassed $1 billion, the first time in the company’s history. In its financial report, the firm recorded in its second quarter of fiscal year 2022 (FY2022) announced that its quarterly revenue amounted $1.021.5 million, which represents an increase of 54 percent YoY. “In Q2, […]
For months, Gabrielle Walker had been looking for a part-time job. She applied to restaurant chains and retailers like Nando’s and Primark, and she scoured the job search site Indeed. Nothing. Then one day, Walker, a 19-year-old student at University College London, was scrolling through TikTok and stumbled on a video about an app called […]
As a highlight of many tech company calendars, Mobile World Congress (MWC) was sorely missed in 2020. Back with an albeit smaller, socially distanced bang in June 2021, MWC still didn’t disappoint. One of the event’s greatest takeaways was that — whether telcos are ready or not — we’re entering a new, digital era. Let’s […]
Security firm Cybereason reported on Tuesday that it detected three vicious cyberattacks operating on behalf of the Chinese state targeting at least five of the biggest telecommunications firms located in Southeast Asia countries. Previously, a similar cyberattack on Microsoft Exchange email server, the U.S., Britain, and the European Union have repeatedly accused Beijing of state […]
Uber’s ride-hailing service is regaining the momentum that it lost during the pandemic, but it’s coming at a cost that’s raising more doubts about the company’s ability to make money. At the same time, Uber’s unprofitable delivery service is still growing at a torrid pace, indicating that some homebound habits may be here to stay, […]
Emirates Telecommunications Group Company Etisalat marked on Thursday a 3.9 percent year-over-year increase in its first-quarter net profit following federal royalties to $1.28 billion, leading to a net profit margin of 18 percent, the company reported on Monday. In the UAE, the subscriber-based telecom company reached 12.1 million fixed and mobile subscribers in its domestic […]
If you’re homeless and looking for temporary shelter in Hawaii’s capital, expect a visit from a robotic police dog that will scan your eye to make sure you don’t have a fever. That’s just one of the ways public safety agencies are starting to use Spot, the best-known of a new commercial category of robots […]