Search results for "IT"

Canadian faces spy ruling in China as Huawei decision looms

A Canadian entrepreneur who was charged with spying after his government arrested an executive of Chinese tech giant Huawei faces a possible verdict Wednesday as Beijing steps up pressure on Canada ahead of a court ruling on whether to hand over the executive to face U.S. criminal charges. Michael Spavor and another Canadian were detained […]

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 […]

China Telecom aims for $8.5 billion in Shanghai’s IPO

Amidst Washington’s deadlock with Beijing, China Telecom may potentially elevate its Shanghai’s initial public offering (IPO) to more than $8 billion leading to its biggest offering this year in the Shanghai Stock Exchange, following the firm’s delisting in its New York counterpart (NYSE) in January.  Following Chinese media reports, the Beijing-based firm established its IPO at $0.70 per share, inflating the firm’s worth […]

Safaricom will offer mobile money services in Ethiopia

Ethiopia will allow the Safaricom-led consortium to offer mobile money services throughout the country, signaling the end of Ethio Telecom’s monopoly over the service, local media reported late last week.   This step follows the government’s announcement earlier last week of re-opening bidding on second operator license including the right to operate mobile financial services.  Previously, any new entrant was barred from offering any mobile money based […]

U.S. advises against Brazil’s usage of Huawei 5G equipment

The U.S. has expressed its support toward Brazil’s proposal of becoming a NATO partner but stressed its concerns regarding the Latin American country’s business with Chinese telecoms titan Huawei within its 5G telecoms network, White House officials told reporters on Monday.  During a trip to Brazil last week, U.S. National Security Advisor notified President Jair Bolsonaro of the state’s concerns in partnering with Huawei citing cybersecurity […]

Alibaba fires manager over suspected sexual assault

China’s largest e-commerce company, Alibaba, said Monday it fired a manager accused of sexual assault and pledged to strengthen its anti-sexual harassment policy, after a female employee accused the company of suppressing her report of the assault. The unidentified female employee went public Saturday with an internal post detailing the alleged sexual assault by her […]

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 […]

China upholds Canadian's death sentence as Huawei case looms

A Chinese court on Tuesday rejected a Canadian drug convict’s appeal of a death sentence in what appeared to be an effort to step up pressure on Canada to release a detained executive of tech giant Huawei. The Canadian government condemned the ruling and appealed to China to grant clemency to Robert Schellenberg. His sentence […]

Google Maps will alert drivers when entering a low-emission zone

Google Maps introduced a new feature alerting drivers before they enter a low-emission zone with fees or fines, the company said in a blog post.   The application aims to help drivers in detecting these areas beforehand, as it is not clear where these zones begin.   During this stage, the navigation app will begin rolling out this feature to drivers across Amsterdam, Barcelona, Berlin, London, and Paris.  Currently, London’s Ultra […]

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 […]