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 […]
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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 (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 […]
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, […]
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 […]
The number of masks required, how many tests have been conducted, ventilators back-ordered, who has been infected, who is immune and who is not, are all part of instrumenting the current pandemic using network performance and cloud data. The telecommunications sector has always used this but the current situation puts data scientists in their element. […]
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 […]
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 […]
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 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 […]