The gaming industry continues to skyrocket upwards with no signs of slowing down, as the COVID-19 pandemic added more fuel to its roaring fire. This statement was echoed by Amsterdam-based games and esports data company Newzoo’s new report outlining the state of the global games market. Last week, we published our latest games market estimates […]
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Taking the Los Angeles Metro for his first trip in months, Brad Hudson felt a moment of normalcy when the train rolled into the station in South Pasadena, California, harkening back to his daily commute into LA before the coronavirus pandemic. Then Hudson boarded the train, and reality set in. Not everyone wore masks. Metro […]
Selling vaccines during a pandemic has boosted Pfizer’s bottom line and proven that a strategy it embarked upon over a decade ago is now paying off handsomely. The New York-based pharmaceutical giant reported Tuesday that it earned $4.9 billion in the first three months of the year and it dramatically raised its profit forecast for […]
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 […]
During height of the pandemic, global smartphone sales came to screeching halt, as the world took refuge indoors; however, as smartphone manufacturers start developing the next generation of devices, especially with 5G, the market looks headed upwards. An improving COVID-19 outlook compared to this time last year (the end of Q1 2020 marked the beginning […]
Last week, the Indian Ministry of Electronics and Information Technology urged several social media platforms such as Twitter, Facebook, and Instagram to take down user content critical of the nation’s response to the COVID-19 outbreak as cases go on a sharp rise yet again. Over 100 such take-down requests were sent out to stamp out […]
Google’s digital advertising network has shifted back into high gear, with its corporate parent reporting profit that more than doubled after an unprecedented setback during the early stages of the pandemic. The robust first-quarter advertising growth announced Tuesday provides the latest sign that advertisers are expecting the economy to roar back to life as more […]
At the height of the COVID-19 pandemic, brick and mortar businesses suffered the most due to worldwide lockdown measures enacted, while other businesses took a significant hit to their earnings as global supply chains were exhausted. These circumstances outlined the world’s technological readiness in the wake of crises, or lack thereof; but while many companies […]
With every day that passes, millions of COVID-19 jabs are being administered around the globe. With every day that passes, it seems as though citizens of the world can put one of history’s most damaging health crises within their rearview mirrors. But that doesn’t in any way signify that we will drive into the sunset […]
Shares skidded in Asia on Wednesday after Wall Street closed lower for a second straight day, led by drops in technology companies and banks. Worsening coronavirus outbreaks in Asia have cast a shadow over prospects for a rebound from the pandemic. Tokyo’s Nikkei 225 fell more than 2% and other benchmarks also declined. On Tuesday, […]