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To gain a head start, Ethio Telecom to offer mobile money services in May

Ethiopia’s state-owned provider, Ethio Telecom, announced on Wednesday the rollout of its mobile money service TeleBirr, which will be made available to subscribers starting May 2021. The announcement comes just two days after two telcos – South Africa’s MTN and a consortium from Vodafone – made bids to enter the Ethiopian telecoms market, which is […]

Samsung reports profit jump on smartphone, TV sales

Samsung Electronics said Thursday its operating profit for the last quarter jumped 46% from a year earlier driven by increased sales of smartphones and televisions as its business continues to flourish amid the pandemic. The South Korean tech giant also said its quarterly revenue of 65.39 trillion won ($59 billion) was its highest for the […]

EXPLAINER: China prepares space station core module launch

China plans to launch the core module for its first permanent space station this week in the latest big step forward for the country’s space exploration program. The Tianhe, or “Heavenly Harmony” module is set to be hurtled into space aboard a Long March 5B rocket from the Wenchang Launch Center on the southern island […]

Auto group backs guidelines for partially automated vehicles

The trade association representing most major automakers is offering guidelines for manufacturers to advertise partially automated driving systems and to make sure drivers are paying attention while using them. The Alliance for Automotive Innovation says its members support the voluntary principles, which come as two federal agencies increase scrutiny of Tesla’s Autopilot diver-assist system after […]

EU smartphone market recovers following tough 2020, report finds

During height of the pandemic, global smartphone sales came to screeching halt, as the world took refuge indoors; however, as smartphone manufacturers start developing the next generation of devices, especially with 5G, the market looks headed upwards. An improving COVID-19 outlook compared to this time last year (the end of Q1 2020 marked the beginning […]

BlackBerry looks to bolster its cybersecurity and IoT divisions

Canada-based tech company BlackBerry plans to bolster its offerings by putting its weight behind two main business units, cybersecurity, and the Internet of Things (IoT), in a bid to further align operations and go-to-market efforts to its key market opportunities. The move follows the company’s previous announcement to separately report revenues of its operating business […]

India censors social media, as second wave of COVID intensifies

Last week, the Indian Ministry of Electronics and Information Technology urged several social media platforms such as Twitter, Facebook, and Instagram to take down user content critical of the nation’s response to the COVID-19 outbreak as cases go on a sharp rise yet again. Over 100 such take-down requests were sent out to stamp out […]

Microsoft profits soar as cloud demand continues in pandemic

Microsoft’s profits soared during the first three months of 2021, thanks to ongoing demand for its software and cloud computing services during the pandemic. The company on Tuesday reported fiscal third-quarter profit of $14.8 billion, up 38% from the same period last year. “Over a year into the pandemic, digital adoption curves aren’t slowing down. […]

3D printing's new challenge: Solving the US housing shortage

A new generation of startups wants to disrupt the way houses are built by automating production with industrial 3D printers. 3D printing, also known as additive manufacturing, uses machines to deposit thin layers of plastic, metal, concrete and other materials atop one another, eventually producing three-dimensional objects from the bottom up. In recent years, 3D […]

Google's Q1 ad sales surge 32%, Alphabet profit doubles

Google’s digital advertising network has shifted back into high gear, with its corporate parent reporting profit that more than doubled after an unprecedented setback during the early stages of the pandemic. The robust first-quarter advertising growth announced Tuesday provides the latest sign that advertisers are expecting the economy to roar back to life as more […]