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 […]
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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’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. […]
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 […]
Recognizing that many Americans rely on texting, U.S. regulators are weighing whether to require that phone companies allow people to text a suicide hotline. The Federal Communications Commission last summer voted to require a new “988” number for people to call to reach a suicide-prevention hotline. Phone companies have until July 2022 to implement it. […]
Toyota Motor Corp. has acquired the self-driving division of American ride-hailing company Lyft for $500 million, in a move that underlines the Japanese automaker’s ambitions in that technology. The acquisition, announced Tuesday, was carried out by Woven Planet Holdings, a Toyota subsidiary that began business in January and focuses on innovations and investment in projects […]
Chinese telecoms vendor ZTE Corp. has been included among major participants and setters of the global 5G standards for leading the world in 5G technology, patents, standards, industries, and terminals, according to a recent report by investment management company Jones Lang LaSalle (JLL). According to the report, ZTE has also been ranked in the first […]
Ethiopia’s Finance Ministry announced on Monday that two bids have been made for two new telecoms operating licenses, as the country looks to liberalize its telecoms industry and economy. The two license bidders include South Africa’s MTN Group and a consortium of Kenya’s Safaricom, Vodafone, Vodacom, CDC Group (a UK development finance institution) and Japanese […]
Apple is following through on its pledge to crack down on Facebook and other snoopy apps that secretly shadow people on their iPhones in order to target more advertising at users. The new privacy feature, dubbed “App Tracking Transparency,” rolled out Monday as part of an update to the operating system powering the iPhone and […]
Charged up by strong sales of its electric cars and SUVs, Tesla on Monday posted its seventh-straight profitable quarter. The company made $438 million in the three-month period that ended March 31, as sales more than doubled the same period last year to nearly 185,000 vehicles. Tesla said adjusted net income, excluding stock-based compensation, passed […]