Spotify is developing a virtual presence on Roblox, a popular children’s game site, marking their entry into the Metaverse. The company claims to be the first music-streaming brand to have a presence on Roblox, cementing its position in the Metaverse, among the younger generation of consumers, gamers, and music lovers. The launch of ‘Spotify Island’, […]
Search results for "sc"
Japan’s SoftBank Group Corp is set to report a bruising loss at its Vision Fund investment unit on Thursday, analysts said, after investors sold off the high-growth stocks favoured by the fund with questions about their earnings potential. With the technology investor poised to post full-year earnings, comments from founder and Chief Executive Masayoshi Son […]
No one yet knows what exactly the Metaverse will look like. Large companies are pouring not millions but billions of investment money to stake their claim on the Metaverse before it fully materializes, Among the tech giants most invested in the Metaverse, Qualcomm. Meta, formerly Facebook, has sunk over $3 billion “laying the groundwork” for […]
European shares hit two-month lows on Monday, led by miners as investors fretted over a sharp economic slowdown in China due to prolonged COVID-19 curbs, while surging bond yields kept technology stocks under pressure. The pan-European STOXX 600 index dropped 1.2 percent to touch its lowest since March 10. Miners fell 2.8 percent as Chinese […]
Omantel (formerly known as General Telecommunications Organization) is the first telecom company in Oman founded in the 1990s and offering a wide range of services including fixed telephony, fixed and mobile broadband, and mobile voice and data services. The last few years were not all rosy for the leading Omani operators. One of the first […]
The prospect of being replaced by robots or AI has long lived in the collective human psyche. From science fiction novels to economic influencers and doomers, they all see some future where humans must contend with mass automation and job loss brought by the 4th industrial revolution and its effect on employment. While arguments about […]
The seminal Bitcoin paper written by the elusive Satoshi Nakamoto has introduced a novel technical concept whose usefulness goes well beyond cryptocurrencies, blockchain. Blockchain is basically a shared distributed ledger, and each user of the associated network has a full copy of it. Once a transaction is made, it is first validated to make sure it is […]
The third long-duration astronaut team launched by SpaceX to the International Space Station (ISS) safely returned to Earth early on Friday, splashing down in the Gulf of Mexico off Florida to end months of orbital research ranging from space-grown chilies to robots. The SpaceX Crew Dragon capsule dubbed Endurance, carrying three U.S. NASA astronauts and […]
U.S. investment firm Warburg Pincus has appointed an executive of Germany’s SAP as a senior adviser to its technology group as it turns to industry leaders to source new investments and boost the value of existing portfolio companies. Irfan Khan, who is in charge of SAP’s data management and analytics portfolio as president of its […]
A massive two-day swing in U.S. stocks highlights a trend that some market participants believe will be a hallmark for months to come: intense volatility. The S&P 500 index dropped 3.6 percent on Thursday, a day after racing 3.0 percent higher on the Federal Reserve’s monetary policy statement. Over the last five sessions, the index […]