Search results for "big tech companies"

Guardians of the Virtual Cosmic: Metaverse VS Multiverse

The world as we know it is being altered in the way humanity functions in ways we could not have fathomed ten years ago, and the Covid-19 pandemic played a critical role in altering the path the world is marching on. A new technological wave emerged in the past three years, and various tech companies […]

Meta Wars, Microsoft vs Meta: Who Will Come Out on Top?

The Meta vs Microsoft debate is that of both principle and the future of Metaverse technology. No doubt the Metaverse, as vague as the word is at the moment, can be seen by tech giants as a new world ripe for the taking. Two of the largest companies building the Metaverse are Meta, formerly Facebook, […]

Batelco and the Effects of the Bahraini Market Liberalization

The Bahrain Telecommunications Company was established in 1981 as the sole communications service provider in the country. The operator is mostly owned (directly or indirectly) by the Bahraini government with a total of 77 percent (more than 50 percent shared between Mumtalakat holding company and the social insurance organization). However, the telecommunications regulatory authority (TRA) […]

Wall Street Ends Sharply Higher, Lifted by Meta and Apple

Wall Street ended sharply higher on Thursday after a strong quarterly report from Meta Platforms lifted beaten down technology and growth stocks and offset worries about the U.S. economy’s contraction in the first quarter. The Facebook parent surged 17.6 percent after the social network reported a larger-than-expected profit and rebounded from a drop in users. […]

Faurecia-Aptoide Signs up Mercedes in Infotainment Win over Google

Mercedes-Benz will use embedded Faurecia-Aptoide technology to power navigation and other vehicle infotainment functions in a crucial win for the app provider against Alphabet Inc’s Google and other technology firms to control car dashboards. The companies said on Thursday that under a multi-year partnership, from 2023 the joint venture between auto supplier Faurecia and independent […]

The Other Side of the Coin: Why Do People Hate NFTs

We have covered NFTs extensively on our website, their uses, applications, and their shortcoming. To some, they are nothing but scams, ultra-rich people’s hobbies, or greedy maneuvers by big companies and celebrities to siphon even more money out of the common person. To others, they represent a beautiful future of financial freedom, community, and economic […]

Factbox-From Outer Space to Social Media, Elon Musk's Growing Universe

Twitter Inc is poised to accept billionaire Elon Musk’s “best and final” $43 billion takeover offer, people familiar with the matter told Reuters on Monday. This comes on the heels of Musk announcing that he had secured $46.5 billion in debt and equity financing for the deal. Earlier in April, the social media company had […]

Netflix ads are coming: Ad-supported streaming plans down the line

Netflix ads are soon to be implemented as lower-cost, ad-supported alternative packages, co-CEO Reed Hastings stated during the company’s Q1 earnings interview, after years of maintaining subscription-only plans, and in fear of massive subscriber loss. Hastings predicted that the firm will fully flesh out its ad-supported streaming approach in the next year or two, adding “but think […]

Taiwan Firms in China Hub Make Uneven Restart from COVID Curbs

Taiwan firms making chip and electronic components reported a mixed picture on Wednesday on work resumption in the eastern Chinese city of Kunshan after COVID-19 curbs, with some warning deliveries would be postponed until next month. China has put Shanghai under a tight lockdown since late March and neighbouring Kunshan has also tightened curbs to […]