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Vodafone Idea freefall trickles down to India’s telecom sector

Vodafone Idea’s (VI) fate is now controlled by the Indian government as the impending demise could immensely affect telecommunication service rivals, stakeholders, and the government, resulting in catastrophic outcomes on the country’s telecom sector. India’s telecommunication sector is wielding its final strategies to push itself from the underlying financial concerns, with Aditya Birla Group’s subsidiary, […]

California bill set to help Amazon employees from inhumane conditions

A California bill concerning employee rights and issues will be reviewed by the State Senate this week, The New York Times reported. Voting will take place next week, and if passed, the new law would require e-commerce giant Amazon to conduct several vital changes. The legislation under the name AB-701, which passed the State Assembly earlier […]

Here’s how French authorities arrested a user on ProtonMail

Imagine this; you stumble upon ProtonMail, an end-to-end encrypted email service founded in 2013 in Geneva, Switzerland by scientists who dedicated their time to produce the world’s largest secure email service. Naturally, users would expect to enjoy full confidentiality and anonymity, as privacy seems to be the main element behind ProtonMail. Yet, this isn’t the […]

U.S. sanctions reinforce China’s chip manufacturing independence

China’s famous chipmaker Semiconductor Manufacturing International Corp. (SMIC) revealed on Friday plans to upsurge independence in the chip manufacturing sector by investing $8.87 billion to build a chip plant in the tech city of Shanghai, according to a regulatory filing with the Hong Kong Stock Exchange (HKSE). The Chinese expansion to globally take the lead […]

China's trade accelerates in August despite coronavirus

China’s import and export growth accelerated in August despite disruptions due to the spread of the coronavirus’s delta variant. Exports rose 25.6% over a year earlier to $294.3 billion, up from July’s 18.9% growth, customs data showed Tuesday. Imports rose 33.1% to $236 billion, up from the previous month’s 28.7%. That came despite lingering disruptions […]

Bitcoin brings hopes, doubts for Salvadorans sending money

El Salvador is betting that this week’s pioneering adoption of Bitcoin will spur its economy, especially one of its most crucial sources of revenue: money sent home by Salvadorans in the United States. A fervent proponent of the cryptocurrency, President Nayib Bukele has asked the more than 2 million Salvadorans who live overseas to send […]

STC’s subsidiary IPO might reach $960 million

Arabian Internet and Communications Services Co. revealed plans of auctioning 24 million of its shares, trusting this move will raise $960 million in its initial public offering (IPO). The company, which is a subsidiary of Saudi Telekom Company (STC), will look to auction off the shares with prices ranging between $36.26 and $40.26 per share. […]

What we know about Apple’s new iPhone 13 so far

The anticipation for Apple’s annual unveiling of its newest iPhone line is reaching a boiling point, as the tech giant is preparing for its mid-to late-September event at the company’s California headquarters where the public will get a glimpse of the new iPhone 13. While the event hasn’t been announced yet, Apple usually never skips […]

UAE urged to replace Huawei’s 5G to secure U.S. F-35 jets deal

Under U.S. pretense that the Chinese telecom vendor Huawei could expose the Gulf to national security threats, United Arab Emirates (UAE) telco firms are urged by U.S. Lockheed Martin’s F-35 jets and drones’ sales deal to push Huawei from its 5G infrastructure contracts. The UAE has always held a fierce stance concerning its strong mobile […]

Apple backtracks on child protection features

Following severe backlash targeting Apple’s child protection features announced last month, the smartphone giant decided to delay the update scheduled for roll out this year. “Last month we announced plans for features intended to help protect children from predators who use communication tools to recruit and exploit them, and limit the spread of Child Sexual […]