Yahoo Inc. said Tuesday it has pulled out of China, citing an increasingly challenging operating environment. The withdrawal was largely symbolic, as many of the company’s services were already blocked by China’s digital censorship. But recent government moves to expand its control over tech companies generally, including its domestic giants, may have tipped the scales […]
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ByteDance is planning to disjoin its global social media sensation, TikTok, into a solitary business unite, following an executive decision to break down the company into six entities, according to Reuters. Chief executive officer (CEO), Liang Rubo, has initiated plans to refurbish the technology enterprise into various parts, following founder Zhang Yiming’s decision to retire from […]
UAE-based telco, Etisalat, revealed its 2021, third quarter (Q3) financial report, unveiling a 2 percent rise in a fiscal year ending on September 30, reaching $3.62 billion. The group’s consolidated net profit rose to $653.38 million, imprinting a 1 percent increase in a fiscal year, with consolidated revenues reaching $3.62 billion, a 2 percent augmentation […]
The global financial sector is witnessing an ever-growing change shaping Europe’s banking infrastructure into an increasingly competitive market. Open banking proved to people how it can alter financial services to accommodate their needs; all while fostering a continuing digitalization of modern life as Fintech companies set the stage for simplified yet optimized solutions to deliver […]
During the event, global telco and mobile solutions provider Monty Mobile exhibited a plethora of their services and offering such as eSIMs, SMS gateway management, Value-added Services (VAS), and most notably, their OMNI channel platform. The service brings together popular messaging platforms like WhatsApp, Viber, Telegram, and Line, and allowing them to satisfy any industry […]
Facebook’s CEO Mark Zuckerberg is breaking his silence in a public note to Facebook employees addressing recent claims made by whistleblower Frances Haugen about the platform’s harmful tactics. “We care deeply about issues like safety, wellbeing, and mental health. It’s difficult to see coverage that misrepresents our work and our motives. At the most basic level, I think most of us just don’t recognize the […]
As the whole world went semi-offline last night due to a six-hour outage on Facebook, WhatsApp and Instagram, the main question on everyone’s mind was “what’s happening to our social media platforms?” Well, Facebook cleared the air in a blog post right after the outage was fixed. Apparently, the answer to the popular question isn’t as gripping as most of […]
Decentralization of technology is the typical trend in the modern day. Cloud based communications, additive manufacturing, and data driven decision making are all good examples. When it comes to cybersecurity however, the opposite might be the better way to go. That is why every organization worth it’s salt ought to invest in an SOC, Security Operations Center, to safeguard its operations. […]
During an interview with journalist Kara Swisher at the Code conference, Microsoft’s CEO Satya Nadella came forward with new information regarding the negotiations that happened while trying to acquire TikTok. “It was the strangest thing I’ve ever worked on,” Nadella Said, describing his attempt to save the TikTok app in the U.S. and elsewhere after Donald Trump’s administration threatened to ban it. If you haven’t heard about Trump’s efforts in banning TikTok from the […]
The Biden administration sought Tuesday to choke the finances of criminal ransomware gangs, announcing sanctions against a Russia-based virtual currency brokerage that officials say helped at least eight ransomware gangs launder virtual currency. The Treasury Department sanctions are aimed at kneecapping the economic infrastructure of a ransomware threat that has surged over the last year, […]