Search results for "covid-19"

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 […]

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 […]

Huawei’s Q2 revenues dip to 29%, as KT profit soars by 38%

Chinese telecom giant Huawei experienced fatal losses in Q2 2021 revenues, while South Korea-based telecom provider, KT Corporation, acquired on Tuesday a remarkable increase in profits during the same period. The two-year old U.S. sanctions imposed on the Chinese firm pounded both its network infrastructure and smartphone sales. The consumer electronics business was the company’s […]

Will gyms go the way of arcades and movie rental stores?

Going to the gym was always part of Kari Hamra’s routine until last year’s government-ordered shutdowns forced her to replace the workouts with daily rides on her Peloton stationary bike. That’s when she discovered something surprising — she did not miss the gym. At least not the driving back and forth, filling water bottles, changing […]

South Korea to release Samsung scion on parole

South Korea will release billionaire Samsung scion Lee Jae-yong on parole this week after he spent 18 months in prison for his role in a massive corruption scandal that triggered nationwide protests and led to the ouster of the country’s previous president. The announcement Monday by the Justice Ministry, which came with a year left […]

Uber’s CEO requires office workers vaccination but not drivers’ 

In a CNBC interview on Thursday, Uber CEO Dara Khosrowshahi announced that the ride-hailing giant will mandate its office workers to get vaccinated to resume working hours, but not its drivers.   Later this year, all of Uber’s U.S. corporate office-based staff will be obliged to get the COVID-19 vaccine before resuming working hours. However, Khosrowshahi says it wouldn’t be […]

Streaming services took over Britons’ households in 2020, report finds

It’s common sense by now that the worldwide COVID-19 pandemic had a hand in increasing the hours people spent glued to the blue hue of their digital devices. However, we now have the exact numbers on how high the surge was for Britons’ households.  Thanks to research from the UK’s media regulator Ofcom, Britons are currently aware that they spent a third of their waking hours (more than 2,000 hours) watching TV or online […]

Facebook terminates NYU’s researchers accounts

Facebook suspended on Tuesday New York University research project’s accounts and prevented access to the social networking platform, successfully halting a study involving the platform’s target on political ads. Damian Collins, a British Conservative Party politician, implicated that Facebook is halting research over the Ad Observer tool that could expose the platform’s hidden agenda concerning […]

Global 5G infrastructure revenue to reach $19.1 billion in 2021

Worldwide 5G infrastructure revenue is expected to grow by 39 percent reaching $19.1 billion in 2021, up from $13.7 billion last year, according to a report published on Wednesday by U.S.- based research and advisory company, Gartner.   The report revealed that communications service providers (CSPs) in mature markets enhanced 5G development in 2020 and 2021, citing the pandemic as a reason for this increase.  “The COVID-19 pandemic spiked demand for optimized and ultrafast broadband connectivity to […]