South Korea said on Tuesday it plans to offer large tax breaks to semiconductor and other technology companies investing at home to strengthen its supply-chain security while boosting the economy. Companies making capital investment at home would be given up to a 35% tax deduction which would help companies save more than 3.6 trillion won […]
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India has proposed a body for the online gaming industry to regulate itself as concerns rise over the addictiveness of games and as patchy state laws disrupt business, in draft amendments to its information technology rules published on Monday. The proposal comes after a government panel recommended new rules to regulate a sector estimated to […]
Google has told a tribunal in India that the country’s antitrust investigators copied parts of a European ruling against the U.S. firm for abusing the market dominance of its Android operating system, arguing the decision be quashed, legal papers show. The Competition Commission of India (CCI) in October fined Alphabet Inc’s Google $161 million for […]
Nic Szerman lost his job at Meta Platforms in November, just two months after joining full-time, falling victim to a sweeping 13% reduction of its workforce as the advertising market cratered. Days later he was back working, seeking investment for his own company Nulink, a blockchain-based payment company, and sent pitches to startup accelerator Y […]
China’s tech giant Huawei Technologies Co Ltd estimated on Friday its 2022 revenue remained flat, suggesting that its sales decline due to U.S. sanctions had come to a halt. Despite sales increasing a mere 0.02%, rotating chairman Eric Xu struck an upbeat tone in the company’s annual New Year’s letter, where he revealed the figure. […]
European shares rose in the first trading session of 2023 on Monday as euro zone manufacturing data suggested the worst had passed after a year marred by fears of a recession as central banks hiked rates globally. The pan-regional STOXX 600 rose 1.0%, supported by consumer discretionary stocks. The automobile and parts sector gained 3.2% […]
The world has seen technology infiltrate almost every sector the world has known, and the financial industry is no different. Traditional banking was getting the job done, and it almost felt like this was how things would be forever. Yet, innovation strikes, and the world is introduced to eclectic solutions to problems consumers never considered, […]
Avoiding the internet and telecom in today’s linked world is impossible. It would be lovely to periodically put our phones away for a few hours or even a few days. But it would be impossible to stop using them entirely. We rely on the internet to carry out daily tasks like making calls, checking messages, […]
The world around us constantly evolves, and as a result, we are at the dawn of a new age of cognitive cities. This new chapter of the digital era requires innovative solutions for connectivity and telecommunications. One such solution is Over-The-Top (OTT), also known as Telco-OTT. What OTT in telecom is, in layperson’s terms, the […]
One of the world’s most widespread problems lies within the boundaries of one of the UN’s Sustainable Development Goals (SDGs) to reduce inequalities, namely SDG 10. Financial exclusion’s transformation to become a goal birthed new equalities of opportunities and availabilities to access financial services, or as more commonly known, financial inclusion. The endless opportunities brought […]