Qatar’s Ooredoo and Hong Kong’s CK Hutchison announced on Thursday a $6 billion merger deal that will look to combine Indosat Ooredoo and Hutchison 3 Indonesia (H3I) under a unified telecoms entity labelled “Ooredoo Hutchison Asia.” Both companies highlighted that the deal would set the stage to accelerate fierce competition in the telecoms and internet […]
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VEON Ltd. (NASDAQ and Euronext Amsterdam: VEON), a leading global provider of connectivity and internet services, announced on September 15, that its operating company in Uzbekistan, Beeline, has received three awards from Ookla Speedtest for the quality, speed and breadth of its mobile network in the country. Beeline Uzbekistan won awards in the three categories of Best Mobile Network, Fastest Mobile Network and […]
The U.S. Security and Exchange Commission (SEC) publicized that mobile data and analytics firm App Annie agreed to settle on a $10 million fine for security fraud charges due to the firm’s “material misrepresentations” to its userbase and investment firms over collecting and pawning data. Founded in 2010, App Annie is deemed as one of […]
Famous Non-Fungible Tokens (NFT) crypto marketplace OpenSea reported on Wednesday that one of its leading executives has been exploiting the platform’s insider information to cannily market digital collectibles from his wallet. OpenSea disclosed that one of its employees was indulging in a trading scheme conducted by utilizing private crypto wallets to buy and sell NFT collectibles on its site and revealed that […]
After New York City issued a new law that requires food delivery companies to share customer data with restaurants, popular U.S. food delivery company DoorDash is taking a stand by filing a new lawsuit against the city, describing the new law as “a shocking and invasive intrusion of consumers’ privacy.” The law, which was approved […]
Facebook is under renewed scrutiny after the Wall Street Journal published a report on Tuesday revealing that the tech giant’s own research on Instagram has found that the photo-sharing app it also owns, causes major harm to teenage girls. Apparently, Facebook is fully conscious of the harm its causing, but it’s choosing to stay silent. […]
Apple has released a critical software patch to fix a security vulnerability that researchers say could allow hackers to directly infect iPhones and other Apple devices without any involvement of the owner. Here’s how to update your Apple devices. iPhone, iPad, or iPod Touch — Plug in your device and make sure you’re connected to […]
Man who pleaded guilty to securities fraud for cheating investors in his cryptocurrency fund of over $50 million was sentenced to over seven years in prison Wednesday by a judge who questioned the sincerity of his apology. U.S. District Judge Valerie E. Caproni in Manhattan imposed the 7 1/2-year sentence Wednesday on Stefan He Qin, […]
In its latest regulatory maneuver, China proceeds to aim its regulatory glaze at its Big Tech giants by demanding to end a long-established practice of prohibiting each other’s connection on their sites, a move that could result in catastrophic consequences on its domestic market and China-based companies’ stakes. Beijing’s move raised the distress level amongst […]
Remember when Amazon took the tech industry by surprise when it launched its palm-scanning technology to provide customers with the option of purchasing goods at Whole Foods and its own cashier-less stores? Well, the retail giant is now responsible for expanding its palm-scanning tech to allow fans to enter sports, music, and other live entertainment […]