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Power of TikTok and TV Shows over the Music Industry

The impact of social media platforms on the music industry has been a topic of much discussion over the past two years. While this is true, television shows and movies continue to be the main distribution channels for the music industry, with platforms like TikTok helping users (75 percent) discover new music and artists. Television […]

Telecom Events 2022: The Groundwork for a Booming 2023

2022 was a booming year for telecom conventions and events as the world became more comfortable with the new normal set by the COVID-19 pandemic. As a result, everyone was trying to get back into the swing of things. Throughout 2022, several telecom events brought experts and enthusiasts up to speed on what is going […]

What Is the Future of Fintech? 

It takes time to navigate the banking and finance sectors. Despite being regarded as rather conventional areas, they are constantly changing. Financial technology, or “FinTech” as it is more commonly called, is a critical sector of expansion. However, how will fintech impact financial services in the future? And what is the future of fintech? Consider […]

Factbox-Tech Firms, Wall Street Lead Job Cuts in Corporate America

Big Tech firms and Wall Street titans are leading a string of layoffs across corporate America as companies look to rein in costs to ride out the economic downturn. Rapid interest rate hikes, weak consumer demand and an economic slowdown in China have forced firms such as Amazon, Walt Disney, Facebook-owner Meta and American banks […]

Spotify Joins Media Firms to Urge EU Action Against Apple's 'Unfair' Practices

Music streaming service Spotify Technology, along with other media firms such as Deezer, urged the European Commission to take action against Apple Inc for anticompetitive and unfair practices, in a joint industry letter on Wednesday. The letter, addressed to the European Union antitrust regulator’s Executive Vice-President Margrethe Vestager, demanded the Commission to act fast for […]

Google Parent to Lay Off 12,000 Workers in Latest Blow to Tech

Google’s parent Alphabet Inc is eliminating about 12,000 jobs, or 6% of its workforce, it said Friday, as Silicon Valley reels from recent layoffs and faces a troubled outlook. Alphabet, whose shares rose 3% in pre-market trading, is making the cuts just as the U.S. company confronts a threat to its long-held perch atop the […]

Six Influential Telecom CEOs in 2022 

A functioning society depends on the telecommunications sector. Over time, it proved crucial for families, communities, businesses, and governments. The COVID-19 pandemic and the widespread move to remote work increased the demand for a solid connection and an advanced telecommunications infrastructure for every civilization. Being a telecom CEO is a challenging task. In this article, […]

Africa Telecoms: Representation on the Global Stage

Nowadays, every corner of the world exhibits competition between its telecom giants, and the Africa Telecoms industry is no different. However, in the Middle East and Africa (MEA) regions, it is not a competition as much as it is exposure and representation of the community on the global stage. Orange Egypt, MTN, and Safaricom are […]

The Core Alliances of South Korea 6G

Business Korea’s core alliances report that the government expects commercial 6G to become widely accessible from 2028 to 2030. What use cases will be made of the new technology as 6G networks promise speeds 50 times faster than those of 5G are still being determined. Even said, South Korea’s interest is not surprising given that […]

5G and the Metaverse: Powering the New Social Connections

Despite multiple tech giants working on it, the metaverse has yet to arrive in all its virtual glory. In addition, the fifth generation of mobile networks (5G) has yet to be adequately adopted worldwide due to the public being satisfied and content with 4G. But once the metaverse is deployed, 5G adoption will skyrocket as […]