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VR treatment tool for PTSD enters clinical trials

It’s estimated by the American Psychiatric Association that one in 11 people will be diagnosed with posttraumatic stress disorder (PTSD) in their lifetime, but new virtual reality (VR) technology is providing hope for the recovery of those suffering.            UCF RESTORES, a nonprofit trauma research center and treatment clinic at the University of Central Florida, has […]

EU healthtech surges forward following pandemic

Europe’s healthtech companies are now worth $41 billion, up from $8 billion reported back in 2015, as the continent bolsters its position as the #2 in global healthcare expenditures, following the United States, a recent study by Dealroom, Inkep Capital, MTIP found. This spike in valuation can be attributed to the focus in telemedicine, operation […]

DIDWW enables Hemmersbach to seamlessly transition to VoIP globally

Innovative communication solutions are a great way to streamline business processes, increase productivity and ensure a smooth and scalable expansion. German-based Hemmersbach, a renowned service provider of IT infrastructure – DaaS (Device as a Service) and GFS (Global Field Service) – has teamed up with DIDWW, a leading provider of premium quality cloud communication services, […]

Girl Scout cookies take flight in Virginia drone deliveries

Missing out on Thin Mints in the pandemic? A Google affiliate is using drones to deliver Girl Scout cookies to people’s doorsteps in a Virginia community. The town of Christiansburg has been a testing ground for commercial delivery drones operated by Wing, a subsidiary of Google’s corporate parent Alphabet. Now the company is adding the […]

Facebook reports soaring quarterly ad revenue, stock jumps

Facebook’s stock jumped Wednesday into record territory after the social media giant reported stronger-than-expected results for the first quarter thanks to soaring ad revenue. CEO Mark Zuckerberg said the extra money means the company will invest more in new areas of potential growth — including augmented and virtual reality, commerce, business messaging and content creators, […]

DoorDash offers lower-priced delivery plans amid criticism

DoorDash is launching lower-priced delivery options for U.S. restaurants, responding to criticism that the commissions it charges are too high for the beleaguered industry. The San Francisco delivery company said Tuesday it will offer a new basic plan that will charge restaurants 15% per order for delivery, or around half the cost of previous plans. […]

To gain a head start, Ethio Telecom to offer mobile money services in May

Ethiopia’s state-owned provider, Ethio Telecom, announced on Wednesday the rollout of its mobile money service TeleBirr, which will be made available to subscribers starting May 2021. The announcement comes just two days after two telcos – South Africa’s MTN and a consortium from Vodafone – made bids to enter the Ethiopian telecoms market, which is […]

Samsung reports profit jump on smartphone, TV sales

Samsung Electronics said Thursday its operating profit for the last quarter jumped 46% from a year earlier driven by increased sales of smartphones and televisions as its business continues to flourish amid the pandemic. The South Korean tech giant also said its quarterly revenue of 65.39 trillion won ($59 billion) was its highest for the […]

China's Huawei says sales down 16.5% amid US sanctions

Embattled Chinese tech giant Huawei said Wednesday first-quarter revenue fell after it sold its lower-priced Honor smartphone brand, but profitability improved. Sales declined 16.5% from a year earlier to 152.2 billion yuan ($23.5 billion) due in part to lower revenue for its consumer unit, the company said. It gave no earnings but said its profit […]

Auto group backs guidelines for partially automated vehicles

The trade association representing most major automakers is offering guidelines for manufacturers to advertise partially automated driving systems and to make sure drivers are paying attention while using them. The Alliance for Automotive Innovation says its members support the voluntary principles, which come as two federal agencies increase scrutiny of Tesla’s Autopilot diver-assist system after […]