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 […]
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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 […]
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 […]
Emirates Integrated Telecommunications Company (EITC) boasted on Monday significant progress, revealing a net profit of $65.4 million in the second quarter of this year in contrast to its $58.5 million recorded at the same time last year. EITC has officially witnessed an 11 percent year-on-year (YoY) increase in net profits for the second quarter of 2021. The UAE telecom industry is primed for growth, as Emirates Integrated Telecommunications […]
Pharmaceutical company BioNTech said Monday that it wants to use the mRNA technology behind its coronavirus vaccine to target malaria. The Germany-based company, which developed the first widely approved coronavirus shot together with U.S. partner Pfizer, aims to begin clinical trials for a “safe and highly effective malaria vaccine” by the end of next year. […]
Snapchat, the social media application that everyone used back in the day just rose back from its pitfall. From its inception in 2011, the messaging application was the first to introduce the concept of pictures and messages being only available for a short period of time before becoming inaccessible to recipients. Ten years later, and the wondrous little app is witnessing its […]
Cloud computing titan Salesforce announced on Wednesday its completed acquisition of workplace chat platform Slack for $27.7 billion, adding the messaging app to its long list of enterprise software. The deal began surfacing in 2019, commemorating one of the most significant acquisitions in the history of business software industries in recent years, resulting in Salesforce’s […]
Industrial 5G is set to be a catalyst for unlocking the potential of intelligent industry and accelerating data-driven digital transformation. However, most organizations are yet to realize its true potential. A variety of challenges await industrial organizations as they navigate their 5G roadmaps, and now is the time for telcos to step in and aid […]
A South African firm will begin producing the Pfizer-BioNTech coronavirus vaccine, the first time that the shot will be produced in Africa, Pfizer announced Wednesday. The Biovac Institute based in Cape Town will manufacture the vaccine for distribution across Africa, a move that should help address the continent’s desperate need for more vaccine doses amid […]