Myanmar’s junta has given the final approval for the sale of Norwegian telecommunications company Telenor’s operations in the country to a local company and Lebanese investment firm, three sources with knowledge of the matter told Reuters. According to a letter of approval sent on March 15, seen by two of the people, the transfer of […]
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Facebook owner Meta Platform said on Tuesday it will hire 2,000 people over the next five years in Spain, where it will anchor its development plans for the region. The 2,000 employees will mainly staff the company’s first ‘lab’, a flexible base for its remote workers, in Madrid, Javier Olivan, Vice President Cross-Meta Products and […]
Indian refining giant Reliance Industries has acquired the assets of battery maker Lithium Werks for $61 million, its second such deal in less than three months, as it makes a bigger push towards clean energy and transport. Reliance’s investment in Lithium Werks, which manufactures lithium iron phosphate batteries that are mainly used in electric vehicles […]
The creator of the celebrity-favored Bored Ape Yacht Club (BAYC) non-fungible tokens (NFT), Yuga Labs, revealed on Friday the acquisition of one of the most valued and oldest brands in the NFT universe, CryptoPunks, in addition to Meebits, according to The Verge. It will aim to welcome a “community of builders,” Yuga Labs hopes to provide […]
Norway’s Telenor is planning to transfer $100 million held by its troubled Myanmar operations to the unit’s new buyers – an amount roughly equivalent to how much it will be paid over five years, three people with knowledge of the deal’s terms said. The previously undisclosed detail of the controversial sale underscores the urgency of […]
South African mobile telecom firm MTN Group Limited announced on Monday that it will be the first company to join the metaverse league by acquiring land in Africarare, unleashing African innovation, and connecting the continent to the global digital economy. In October 2021, Africarare marked its presence in South Africa as the continent’s first Virtual […]
Video-focused short video platform, TikTok, announced on Monday its latest alteration to its video length, with an update increasing the video length upload from three minutes to ten minutes, as it the platform enters a media battle with Russian state media in EU. The ByteDance owned company told Gizmodo in a statement that this alteration will deliver […]
Board propose dividend for H2 2021 of AED 0.4 per share representing a total dividend for FY2021 of AED 0.8 per share Abu Dhabi, 24 February 2022: Etisalat Group, now known as e&, today announced its consolidated financial results for the Full Year ending 31st December 2021. Financial Highlights for FY 2021 FY21 FY20 […]
The gaming industry has reached a singularity. Whereas previously players would pay to play, now players, especially in old countries, can earn real money playing in virtual spaces. If this isn’t the epitome of the Metaverse, then nothing is. Here are the top-most popular and most promising play-to-earn decentralized finance (Defi) games of 2022. Axie […]
Alphabet Inc’s Google barred on Saturday Russia’s state-owned media outlet RT and other channels from receiving money for ads on their websites, apps and YouTube videos, similar to a move by Facebook after the invasion of Ukraine. Citing “extraordinary circumstances,” Google’s YouTube unit said it was “pausing a number of channels’ ability to monetize on […]