Search results for "AI "

Square to buy installment payment firm Afterpay in $29B deal

Digital payments company Square Inc. says it has agreed to acquire Afterpay, which provides a “buy now, pay later” option for merchants, in an all-stock deal valued at about $29 billion. Square allows retailers to process credit card transactions using devices that plug into tablets or smartphones. The San Francisco-based company said Sunday it plans […]

Microsoft releases first Windows 11 Beta OS

Microsoft released on Thursday Windows 11 Beta for users craving a more stabilized OS pre-release, available to those registered in its Windows Insider Program for highly technical users, the tech giant announced. According to Microsoft, its latest OS release is much less unpredictable as its builds are validated by the company. The beta release’s official […]

BT, Microsoft partner to enhance voice calling

London-based telecom provider BT partnered on Thursday with Microsoft to enhance enterprise voice calling, security, and industry-focused services in various sectors.  The new agreement will allow BT to switch its global managed voice services to the cloud and deliver them directly through Microsoft Teams.  Microsoft’s Operator Connect plan, that supports telecom operators adding their calling plans to Microsoft Teams, will help the British partner to create new business models and revenue streams.  According to Microsoft’s blog post this deal “paves the way for the development […]

What to expect from Facebook’s smart glasses

During Facebook’s recent earnings call, Mark Zuckerberg confirmed the company’s next hardware release will debut the tech giant’s collaboration with Ray-Ban eyewear on a pair of augmented reality glasses.  The long-awaited Ray-Ban “smart glasses” were supposed to launch in 2021. However, as a steep plunge in COVID-19 cases forced most of the world into a lockdown, a lot of tech firm’s plans changed.  “Looking ahead here, the […]

Didi pushes back on IPO rumors

Famous Beijing-based giant Didi denied any allegations of plans to go private in a bid to satisfy the Chinese government amidst latest regulations concerning users’ data security.   After the Wall Street Journal released a report discussing the possibility of Didi going private, the ride-hailing app’s shares increased by approximately 50 percent in Thursday’s pre-market trade.  The company has been targeted by Beijing regulators ever […]

5G drives Chinese mobile service to rise at 3.1% in 2026

Chinese mobile service revenues are expected to grow at a compounded annual growth rate CAGR of 3.1 percent from $131.3 billion in 2021 to $152.7 billion in 2026, according to a study published on Thursday.   London-based data analytics company, GlobalData published a study showing that the mobile data revenues will witness a rise in its CAGR reaching 6.8 percent due to the growing adoption of 5G services, followed by the rise […]

Indian Telco Reliance Jio adds 3.5 million users in May

Indian telco Reliance Jio added 3.55 million wireless subscribers during the month of May, acquiring the highest rank in the telecom industry for four consecutive months.  Despite the overall wireless subscriber base drop throughout that month by 6.27 million, Jio outperformed its fellow Indian telcos Bharti Airtel and Vodafone Idea.  Both providers lost 4.61 million and 4.28 million subscribers, respectively.  As per data shared by the Telecom Regulatory Authority of India Trai, Jio’s wireless subscriber base increased by […]

Robinhood's IPO thwarts as it ponders offering U.S. IRA

Popular investing company Robinhood Markets began trading on Thursday its initial public offering at $38 a share, followed by a 10 percent drop, and closing at $34.90.  This came following an announcement on Saturday its plans to launch U.S. retirement accounts as an endeavor to raise its bidding. The investing platform had aimed to raise […]

Rick rolls past a billion views on YouTube

When it comes to famous memes from the 2000s, millennials are just never going to give them up.  Anyone who was active on the internet since 2009 surely stumbled upon Rick Astley’s music hit “Never Gonna Give You Up.” Almost 12 years later, and the music video has exceeded one billion views on YouTube on Wednesday.  For the Generation Z who weren’t surfing the web at that time, the video itself started off as […]