Search results for "new ai"

iPhone 13 line will have up to 1TB of storage

If your iPhone is always running out of storage, Apple analyst Ming-Chi Kuohas has good news for you. Kuohas released a report days before Apple’s California Streaming event on September 14th, noting that the iPhone 13 Pro and iPhone 13 Pro Max will each provide 1TB storage configuration. The iPhone 13 and iPhone 13 mini are […]

Egypt’s internet boost for grandiose economic growth

Egypt invested $2 billion into its latest program to ambitiously unlock new economic growth by upgrading its metropolitan internet infrastructure to 43 Mbps to reach more than 60 million residents in rural areas. The Minister of Communications Dr. Amr Talaat announced plans to capitalize a $360 million budget on fiber-to-the-home (FTTH) spread across the country. […]

KT acquires Epsilon for $145 million for global data market shift

South Korea’s largest telco KT Corp announced on Friday its acquisition of Epsilon for $145 million from Malaysian conglomerate Kuok Group, framing the South Korean operator to be the dominant stakeholder in the Singapore-based communication firm. The acquisition’s terms gave KT’s partnership with Daishin Private Equity a 100 percent stake in Epsilon from Kuok Group. […]

VEON announces the sale of its Russian tower assets for $970 million

Amsterdam, 6 September 2021 – VEON Ltd. (NASDAQ: VEON, Euronext Amsterdam: VEON), a leading global provider of connectivity and internet services, announced that it has reached agreement to sell its mobile network towers in Russia to Service-Telecom for a totalconsideration of $970million. Service-Telecom is a well-known partner to PJSCVimpelCom, which operates in Russia under the Beeline […]

Salesforce to help workers leave states over abortion laws

The CEO of Salesforce said the company will help employees leave Texas, and he did so while retweeting a story linking the offer to concern about Texas’ new anti-abortion law. Salesforce, which sells customer-management software, joins a small number of companies that have reacted against the Texas law. CNBC reported that the San Francisco-based company […]

Global Internet Speed marks a shift in power

Speedtest issued on Wednesday its most recent Global Index report exploring speeds from July 2019 till July 2021, revealing that download speeds have globally escalated in the past year regarding mobile and fixed broadband, and 200 percent faster than 2017. A drastic change has occurred in the world’s internet performance as it witnessed a 59.5 […]

UK watchdog calls out Kardashian West's Instagram crypto ad

A British financial regulator concerned about the lack of rules for online promotion of cryptocurrencies has called out celebrity influencer Kim Kardashian West’s use of her Instagram account to pitch Ethereum Max to her followers. Charles Randell, chair of the Financial Conduct Authority, said Kardashian was recently paid to ask her 250 million Instagram followers […]

UN affirms cyberattack on its network

The United Nations (UN) confirmed on Thursday that earlier this year, its secure computer networks underwent a cyberattack targeting a bundle of critical data to target agencies within the intergovernmental organization, according to Bloomberg.  Hackers managed to secure in their pockets data from the UN’s internal system since April by simply wielding an employee’s login credentials […]

Microsoft return to U.S. offices delayed indefinitely

Microsoft told employees Thursday that it has indefinitely delayed their return to U.S. offices until it’s safer to do so. “Given the uncertainty of COVID-19, we’ve decided against attempting to forecast a new date for a full reopening of our U.S. work sites,” Jared Spataro, a corporate vice president, wrote in a blog post. Microsoft […]

After exiting Brazil, Ford pulls plug on production in India

Ford will cease auto production in India after logging accumulated operating losses of more than $2 billion over the past 10 years. An end to production in India comes less than a year after Ford said it would close its three plants in Brazil, ceasing operations in a country where it had operated since 1919. […]