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Facebook removes accounts tied to Iranian exile group

Facebook said Tuesday it has removed hundreds of fake accounts linked to an Iranian exile group and a troll farm in Albania. The accounts posted content critical of Iran’s government and supportive of Mujahedeen-e-Khalq, a dissident group known as MEK. In many cases, the Facebook and Instagram accounts used fake profile names and photos. Facebook […]

SKorea's LG to exit loss-making mobile phone business

South Korean electronics maker LG said Monday it is getting out of its loss-making mobile phone business to focus on electric vehicle components, robotics, artificial intelligence and other products and services. LG’s board approved the shift in strategy and the company expects to fully exit the mobile phone business by the end of July, it […]

EXPLAINER: What Biden's new $100B plan for broadband means

The problems with U.S. broadband networks have been obvious for years. Service costs more than in many other rich nations, it still doesn’t reach tens of millions of Americans and the companies that provide it don’t face much competition. Now the Biden administration is promising to do something about all of those issues as part […]

Godzilla vs. Kong smashes box office earnings, as cinemas slowly reopen

Globally, Godzilla vs. Kong, part the Warner Bros. and Legendary Pictures’ battle of the titans MonsterVerse combination continued to smash expectations, earning $13 million this weekend across all markets, according to the group. Through the IMAX franchise, the duo scored its biggest domestic opening weekend in more than a year as “Godzilla vs. Kong” earned […]

EXPLAINER: What to know about the Amazon union vote

Nearly 6,000 Amazon warehouse workers in Bessemer, Alabama, are deciding whether they want to form a union, the biggest labor push in the online shopping giant’s history. The stakes are high for Amazon. The organizing in Bessemer could set off a chain reaction across its operations nationwide, with more workers rising up and demanding better […]

EXPLAINER: What's a SPAC, the latest craze on Wall Street?

WeWork will finally go public this year, allowing investors to buy and sell its shares. But not through a traditional IPO. In the two years since the office-sharing company’s failed IPO, a new way to launch a stock on Wall Street has become fashionable: SPACs. Special purpose acquisition companies have been embraced by big institutions […]

AT&T, Ericsson execs head The Next G Alliance’s 6G R&D efforts

Executives from U.S. telecoms provider AT&T and Swedish Ericsson have been announced as The Next G Alliance’s chair and vice chair respectively following an election conducted by the Alliance for Telecommunications Industry Solutions (ATIS). According to a statement by ATIS, Andre Fuetsch, Executive Vice President & Chief Technology Officer, AT&T, has been named chair of […]

China cuts taxes to spur semiconductor development

China announced tax breaks Monday to spur growth of its semiconductor industry following U.S. sanctions that alarmed the ruling Communist Party by cutting off access to American processor chips for tech giant Huawei and some other companies. Leaders declared accelerating efforts to transform China into a self-reliant “technology power” to be this year’s top economic […]

Chinese Girl Group “The9” hold first XR concert

Popular Chinese girl group THE9 held its debut “X-City” XR concert on March 26 and March 27, on via streaming platform, according to China-based iQIYI Inc. an innovative, market-leading online entertainer said. An immediate hit with viewers immediate success and has already sparked heated discussions amongst fans. “XR performance is so exciting” and “Now I […]

Zain, Mobily merge tower business while seeking external investment

Saudi Arabian telecom providers Mobile Telecommunications Company Saudi Arabia (Zain KSA) and Etihad Etisalat Company (Mobily) jointly announced on Thursday plans to merge their telecom towers under a registered entity called Towers Company based in the Kingdom. According to a statement by both telcos, the duo has received in-principal approval from the board of Communications […]