Even after stepping aside as CEO, Amazon founder Jeff Bezos will likely keep identifying new frontiers for the world’s dominant e-commerce company. His successor, meanwhile, gets to deal with escalating efforts to curtail Amazon’s power. Tuesday’s announcement that Bezos will hand off the CEO job this summer came as a surprise. But it doesn’t mean […]
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Behind GameStop’s stock surge is the grim reality of its prospects: The video game retailer is floundering even as the industry around it is booming. GameStop has been swept up in a battle between big-moneyed hedge funds betting against it and small investors trying to prop it up. That has caused GameStop’s share price to […]
The Ethiopian Communications Authority (ECA) announced on Tuesday that is has delayed the issuing of two new nationwide operating licenses. ECA made the announcement via Twitter confirming that the decision was taken to delay the process following requests received from would-be bidders during the question-and-answer period of the request for proposals (RFP) process for the […]
British O2 telecoms and Japanese NEC announced on Monday a successful OpenRAN trial conducted on O2’s network with NEC and its ecosystem of partners. According to a joint statement, NEC helped to define a customized OpenRAN architecture, optimized, and adapted to the requirements of the O2 mobile network. NEC coordinated the overall design of the […]
Google is closing the internal studio tasked with developing games for its Stadia cloud-gaming service, a move that raises questions about the future of the Stadia service itself. Google launched Stadia in November 2019 as a new type of video-game platform that operates without a console and that stores game-playing sessions in the cloud. It […]
The Australian prime minister said on Monday that Microsoft was confident that it could fill the void if Google carried out its threat to remove its search engine from Australia. A Google executive told a Senate hearing last month that it would likely make its search engine unavailable in Australia if the government went ahead […]
Have you ever heard stories of people suffering from large debts they gathered because of gambling? One man with a £60k gambling debt shared that he smashed his computer to pieces attempting to get rid of this destructive habit. Yes, gaming addiction is extremely dangerous. If a person can’t control it, this problem may destroy […]
The population of Myanmar awoke Monday to a large-scale stoppage of Internet connections, along with television and radio broadcasts, after a rapid military overthrow of the civilian government. The move came as a result of tensions over a recent national election which the military-backed party lost by a broad margin. In a classic case of […]
When President Ronald Reagan created the Lifeline program 35 years ago to help low-income Americans with subsidized telephone services, few could have predicted just how lifesaving it would become. Under normal circumstances, access to the internet is essential to participating in today’s economy. During the global pandemic, however, this access has become a literal lifeline […]
It’s a fable for our times: Small-time investors band together to take down greedy Wall Street hedge funds using the stock of a troubled video-game store. But the revolt of online stock-traders suggests much more. The internet is shifting society’s balance of power in unanticipated ways. And the same tools that empower the little guy […]