Following a retrial in a patent dispute, a Texas jury decided on Friday that Apple should settle $300 million in royalties as a division of a global fight with Optis Wireless Technology concerning the iPhone maker’s ownership of patents on the LTE cellular standard. The trial mostly highlighted the sum Apple should pay PanOptis Patent Management and its Optis Cellular and Unwired […]
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Indian telecoms provider Bharti Airtel announced on Friday the closure of its spectrum trading agreement with its local rival Reliance Jio to transfer the “Right to Use” of Airtel’s 800 MHz spectrum in three circles to Jio. Airtel had announced earlier in April the trading agreement without disclosing its financial details. However, Indian media reports revealed on Friday that Airtel received $135.5 million net of tax from Jio for the proposed transfer. Additionally, Jio […]
The co-founder and CEO of the fact-checking site Snopes.com has acknowledged plagiarizing from dozens of articles done by mainstream news outlets over several years, calling the appropriations “serious lapses in judgment.” From 2015 to 2019 — and possibly even earlier — David Mikkelson included material lifted from the Los Angeles Times, The Guardian and others […]
China Mobile announced on Thursday a 6 percent year-on-year (YoY) increase in net profit for the first half of 2021, driven by new 5G users. In its recent report, the state-owned telecom revealed that its net profit for H1 of 2021 hiked to $9.12 billion from $8.61 billion for the same period last year. The telco highlighted that its new 5G users enhanced average revenue per user. As for operating revenues, China Mobile amounted $68.5 billion for the first six months of […]
Tesla founder and chief executive Elon Musk said Friday that he hopes to start producing cars at its new factory outside Berlin in October. The U.S. company had originally planned to begin manufacturing its electric cars at the “Gigafactory” in Gruenheide, east of the German capital, in July. But legal challenges and problems getting official […]
Facebook announced on Tuesday that it has removed 65 and 243 Facebook and Instagram accounts respectively that were involved in anti-vax disinformation campaigns operating from Russia. The Big Tech company highlighted in its report that accounts originated in Russia targeted audiences primarily in India, Latin America, and to a lesser extent, the U.S. Facebook’s investigation found links between this campaign and Fazze, a subsidiary of a U.K-registered marketing firm AdNow, whose operations were […]
A deadly virus on the loose and a global lockdown, scenarios only seen in Sci-Fi movies, quickly became a reality to most of humanity. Naturally, several industries took a major blow, as life was on pause indefinitely. Luckily, technology doesn’t stop for anyone. The tech industry continued to develop, even after outbreaks overwhelmed countries. The rate in which technological […]
U.S. Senate introduced on Wednesday its latest bill directed at tech powerhouses Google and Apple to restrain their app stores’ influence on the market. The “Open App Market Act,” initiated and sponsored by senators Richard Blumenthal, Amy Klobuchar, and Marsha Blackburn would play a restrictive role in some of the largest app marketplaces, which according […]
Samsung leader Lee Jae-yong walked out of prison Friday a year early in a parole decision demonstrating the conglomerate’s outsized influence in South Korea as well as continuing leniency for bosses who commit corporate corruption. Wearing a gray suit and a mask, Lee stepped out of the gates at the prison near Seoul and bowed […]
The Chinese government revealed on Wednesday a five-year plan sketching the state’s scheme to strengthen its regulation grasp on much of its economy. The documentation, referencing Chairman Mao, came as a follow-up to Beijing’s recent regulations wave targeting the nation’s various industries and sectors. Beijing’s plan clarifies that additional rules will be endorsed to empower […]