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King of the hill: TikTok is officially the most downloaded app in 2020

Step aside Facebook, as TikTok just got crowned the most downloaded social media app in the world as of 2020, according to survey conducted by digital analytics company App Annie.  Launched in 2016, The Chinese video-sharing platform has since overtaken Facebook, WhatsApp, Instagram, and Facebook Messenger, all of which make up Facebook’s ecosystem. This isn’t a milestone to overlook, as Facebook-owned apps have held the top spot since the survey began in […]

Robinhood acquires Say Technologies to enrich relations

Robinhood Markets confirmed on Tuesday its first acquisition plans since the release of its initial public offering (IPO) earlier this month of obtaining venture-backed startup Say Technology for around $140 million in cash. The trading service company revealed the deal in a blog post from the company’s chief product officer, Aparna Chennapragada, without disclosing when […]

Cloud & 5G to allow for 765 million teleconsultations globally by 2025

Many tech enthusiasts consider that the COVID-19 pandemic hit the world at just the right time, describing it as the spark that ignited a tidal wave of disruptive technological innovations.   Rollout of services and products were accelerated at a skyrocketing pace trickling down to a myriad of other solutions that would have taken years to hit the […]

Softbank’s delisting of U.S. Big Tech Giants

Softbank dropped $5 billion worth of publicly listed shares through its SB NorthStar trading unit of four tech giants during its first quarter, the Japanese conglomerate revealed in a financial report released on Tuesday. Back in 2020, the Tokyo-based multinational company vastly invested in social networking platform Facebook, Google’s parent company Alphabet, popular streaming service […]

COVID-19 misinformation rate rises amid strong U.S. Delta wave

The U.S. ranked the second highest country worldwide with 54,615 CoV-2 Delta variant cases on Monday, according to Statista, amid a similar wave of virus misinformation that spiked noticeably between June and July.  Rates of COVID-19 misinformation and its vaccines increased significantly from June to July, according to U.S.-based AI intelligence cloud that tracks relevant phrases on social media and news outlets, Zignal Labs.  Among the most common falsehoods according to the AI media firm, 437 percent claimed that vaccines don’t work, 156 percent […]

$600 million stolen in the largest cryptocurrency heist in history

More than $600 million in cryptocurrency has been stolen from the protocol PolyNetwork, in a scheme that’s regarded as one of the largest thefts in the history of cryptocurrency.  In a letter posted on Twitter, PolyNetwork, a decentralized platform that allows crypto coin holders to trade assets across a variety of blockchains, pleaded with hackers to return the haul on Tuesday.  “Dear Hackers,” the […]

What's inside the Senate's bipartisan infrastructure bill

The Senate has passed a nearly $1 trillion bipartisan plan to rebuild roads and bridges, modernize public works systems and boost broadband internet, among other improvements to the nation’s infrastructure. The White House is projecting that the investments will add, on average, about 2 million jobs per year over the coming decade. Senate Democratic Leader […]

Parched Mendocino, California, implores guests to save water

Tourists flock by the thousands to the coastal town of Mendocino for its Victorian homes and cliff trails, but visitors this summer are also finding public portable toilets and signs on picket fences pleading: “Severe drought. Please conserve water.” Hotels have closed their lobby bathrooms and residents have stopped watering their gardens in the foggy […]

Canadian faces spy ruling in China as Huawei decision looms

A Canadian entrepreneur who was charged with spying after his government arrested an executive of Chinese tech giant Huawei faces a possible verdict Wednesday as Beijing steps up pressure on Canada ahead of a court ruling on whether to hand over the executive to face U.S. criminal charges. Michael Spavor and another Canadian were detained […]

Lessons from Mobile World Congress: Seizing digital opportunities

As a highlight of many tech company calendars, Mobile World Congress (MWC) was sorely missed in 2020. Back with an albeit smaller, socially distanced bang in June 2021, MWC still didn’t disappoint. One of the event’s greatest takeaways was that — whether telcos are ready or not — we’re entering a new, digital era. Let’s […]