Search results for "India"

Uber loses $2.9 billion, offloads bike and scooter business

By CATHY BUSSEWITZ Associated Press NEW YORK (AP) — Uber lost $2.9 billion in the first quarter as its overseas investments were hammered by the coronavirus pandemic, but the company is looking to its growing food delivery business and aggressive cost-cutting to ease the pain. The ride-hailing giant said Thursday it is offloading Jump, its […]

Tech facts you need to know this week

Facebook announced the first 20 members of its oversight board, which will decide what controversial content is permitted on both Facebook and Instagram. The board will make rulings over what content will be allowed on the social network. Tesla is apparently preparing to restart operations at its factory in California which could be a possible violation […]

CSPs may miss out on golden opportunity of 5G

CSPs (communication service providers) are putting all their hopes on driving revenue from 5G enterprise customers, however insights from market research company in India, suggests that they are in danger of missing out on their golden business-to-business 5G opportunity. This is potentially worth billions if not trillions of dollars in the coming decades, unless they […]

Digital-ad downturn may complicate life for Google, Facebook

By MICHAEL LIEDTKE and BARBARA ORTUTAY AP Technology Writers Demand for digital-ad is shriveling after a decade of explosive growth amid the pandemic-fueled downturn. That could complicate things for Google and Facebook, who for the first time may have to contend with revenues that are actually shrinking. With consumers mostly at home and unemployment soaring, […]

Low-tech Japan challenged in working from home amid pandemic

By YURI KAGEYAMA AP Business Writer TOKYO (AP) — When the Japanese government declared an emergency to curb the spread of the coronavirus earlier this month and asked people to work from home, crowds rushed to electronics stores. So much for social distancing. Many Japanese lack the basic tools needed to work from home. Contrary […]

Seacom and Tata Communications collaborate to connect the world

Seacom and Tata communication will collaborate to offer high-speed, low-latency connectivity between Europe, Asia, and Africa. Using Seacom’s pan-African telecom services, and Tata Communications’ global digital infrastructure, the two companies can now connect people and businesses throughout the continents, unlocking huge market value potential by connecting major business hubs. “There has been the technical capability […]

Can tech bridge the divide in healthcare?

Technological advancements have made it easier to access medical information or open conversations about prevailing health concerns. Tech has enabled us to familiarize ourselves more with health and medicine – making it easier to diagnose and track information relevant to individual queries and cases. Although we may perceive the global advancements as extensive, health systems […]

GSMA repledges better digital inclusion for Women

A recent GSMA study shows that despite some progress, the gender gap in mobile internet usage remains substantial. Over 300 million fewer women than men are able to access the internet from a mobile device in low- and middle-income countries. The main barrier affecting ownership is affordability, followed closely by lower awareness, as well as […]

Tech giants gear up for the new era of FinTech

Tech giants are predicted to take up to around 40% of the $1.35 trillion in US financial services revenue from incumbent banks. Three of the largest US based, multinational tech companies — Apple, Google, and Amazon — are increasing their scope and slowing encroaching on financial services and the new era of FinTech. This is […]