Almost nine months after its launch, and the PlayStation 5 has become Sony’s fastest-selling console in the company’s history. The PS5 has officially surpassed its PS4 predecessor, as more than 10 million PS5 have already been sold. Back in April, Sony revealed that the PS5 sold 7.8 million units, which means it racked up more than 2 million in sales since then. Even though the Japanese multinational entertainment business is grappling with […]
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Late on Wednesday, Xinhua News Agency reported that China’s latest regulations against tutoring for profit and Big Tech is beneficial to the country’s growth as it stiffens its commitment to expand its capital market, leading to a share plunge in education firms. China’s latest attempt to ease financial pressure on families that support low birth […]
Pfizer and BioNTech published on Wednesday new data indicating their COVID-19 vaccine efficacy decline from 96 percent to 84 percent over six months. These numbers are regarded as a big motivator to the drug makers currently developing a third “booster shot” to target the Indian Delta variant. The released data shows that the antibody levels […]
Facebook’s success is rapidly taking flight; however, it’s about to face serious challenges on multiple fronts. The company’s revenue grew 56 percent year-on-year (YoY) in the second quarter, amounting to $29 billion, according to a statement published on Wednesday. Facebook’s savvy marketing strategy and technological advancement managed to double its quarterly profit to almost $10.4 billion, $8.7 billion more than what analysts estimated. If this isn’t impressive enough, then take […]
Libya’s government-owned telecom Hatif Libya signed on Monday an agreement to improve its fiber optic network with an U.S.-based supplier of open optical networking solutions called Infinera. This project will provide access to internet and mobile services in Libyan areas that were not covered previously by the network and improve the quality and reliability of services for all customers. Infinera will install Automatically Switched Optical Network (ASON) technology, that will enable the Libyan company to dynamically […]
Google is postponing a return to the office for most workers until mid-October and rolling out a policy that will eventually require everyone to be vaccinated once its sprawling campuses are fully reopened. The more highly contagious delta variant of the coronavirus is driving a dramatic spike in COVID-19 cases and hospitalizations. Google’s Wednesday announcement […]
Asian stocks mostly rose Thursday after the Federal Reserve kept its accommodative monetary policies and signaled that economic recovery was on track. Chinese technology giants led the way, as authorities moved to soothe jitters over anti-monopoly and data security enforcement against the industry. Tokyo’s Nikkei 225 gained 0.4% to 27,687.28, while the Kospi in South […]
Morocco’s largest telecoms operator, Maroc telecoms reported a 5.8 percent decline in its revenues of $317 million for the initial half of 2021. Due to lower mobile usage, the Moroccan telecom provider experienced a 3 percent plunge in its revenues during the first two quarters of the current year. However, it wasn’t all doom and […]
It’s every parent’s worst nightmare. Viewing your child’s social media accounts only to find obscene messages from older users intended for your preteen son or daughter. Unfortunately, nightmares like this are a reality for a rapidly increasing number of parents, as more youngsters’ dive into the social media world. Luckily, Instagram has decided to take it in their hands to put an end to child predators roaming the photo and video-sharing site. […]
Google’s parent company Alphabet Inc, recorded on Tuesday a rising profit in second quarter revenue, despite heated antitrust regulations and prosecutions, the search giant marked its highest mark so far of quarterly revenue. Amidst the latest antitrust cold war between Big Tech companies and Washington in the last quarter, Google and Alphabet Inc. tallied in […]