Big Tech firms and Wall Street titans are leading a string of layoffs across corporate America as companies look to rein in costs to ride out the economic downturn. Rapid interest rate hikes, weak consumer demand and an economic slowdown in China have forced firms such as Amazon, Walt Disney, Facebook-owner Meta and American banks […]
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Music streaming service Spotify Technology, along with other media firms such as Deezer, urged the European Commission to take action against Apple Inc for anticompetitive and unfair practices, in a joint industry letter on Wednesday. The letter, addressed to the European Union antitrust regulator’s Executive Vice-President Margrethe Vestager, demanded the Commission to act fast for […]
Google’s parent Alphabet Inc is eliminating about 12,000 jobs, or 6% of its workforce, it said Friday, as Silicon Valley reels from recent layoffs and faces a troubled outlook. Alphabet, whose shares rose 3% in pre-market trading, is making the cuts just as the U.S. company confronts a threat to its long-held perch atop the […]
A functioning society depends on the telecommunications sector. Over time, it proved crucial for families, communities, businesses, and governments. The COVID-19 pandemic and the widespread move to remote work increased the demand for a solid connection and an advanced telecommunications infrastructure for every civilization. Being a telecom CEO is a challenging task. In this article, […]
Nowadays, every corner of the world exhibits competition between its telecom giants, and the Africa Telecoms industry is no different. However, in the Middle East and Africa (MEA) regions, it is not a competition as much as it is exposure and representation of the community on the global stage. Orange Egypt, MTN, and Safaricom are […]
Business Korea’s core alliances report that the government expects commercial 6G to become widely accessible from 2028 to 2030. What use cases will be made of the new technology as 6G networks promise speeds 50 times faster than those of 5G are still being determined. Even said, South Korea’s interest is not surprising given that […]
Despite multiple tech giants working on it, the metaverse has yet to arrive in all its virtual glory. In addition, the fifth generation of mobile networks (5G) has yet to be adequately adopted worldwide due to the public being satisfied and content with 4G. But once the metaverse is deployed, 5G adoption will skyrocket as […]
As part of an “essential step towards 5G,” networking behemoth Ericsson has been awarded a five-year contract by Deutsche Telekom to lay the foundations for its mobile network. Ericsson will update Deutsche Telekom’s 2G, 3G, and 4G networks with a multi-standard solution. The Swedish telecommunications company will provide its multi-standard radio access network as part […]
Security for personal data and innovations is vital when starting your own online business. In this scenario, you’ll need to be able to utilize a variety of strategies to maintain cybersecurity, train your staff, and install a reputable VPN. In addition to assisting, you with cybersecurity, a VPN for businesses may provide you access to […]
Goldman Sachs Group Inc lost $3.03 billion in nearly three years on its platform solutions business that houses transaction banking, credit card and financial technology businesses. This is the first time that Goldman has given a detailed look into the financials for the consumer and fintech arms that were intended to diversify the Wall Street […]