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Tech Investor Prosus Reports 82% Fall in H1 Profit

Technology investor Prosus NV on Wednesday reported an 82 percent drop in earnings per share for the half year ended Sept. 30, due to higher investment costs and a smaller contribution from its large stake in China’s Tencent Holdings Ltd. The reported earnings of $1.81 per share were in line with expectations after Prosus published […]

Nordstrom Says Sales Slowed in Past Two Months; Shares Fall 9 Percent

Nordstrom Inc said on Tuesday net sales at its eponymous retail stores fell 3.4 percent in its third quarter, and overall sales for the company slowed down in the past couple of months, “particularly in geographies with unseasonably warm weather.” The company also trimmed its net profit forecast for the fiscal year ending January 2023. […]

Air Traffic Modernization Through Iris Programme Advances as Inmarsat and Esa Select Txt to Drive Adoption

GCC Passengers to Benefit From New Global Air Traffic Management System Global digital enabler TXT Group (TXT) has been selected as the latest partner for Inmarsat and the European Space Agency (ESA)’s revolutionary Iris programme, which utilizes the latest generation of satellite technology to modernize air traffic management (ATM).  Electronic flight bag application will lead to reduced fuel […]

HP to Cut About 12 Percent Jobs by End of Fiscal 2025

HP Inc said on Tuesday it expects to cut up to 6,000 jobs by the end of fiscal 2025, or about 12 percent of its global workforce, at a time when sales of personal computers and laptops are sliding as shoppers tighten budgets. The PC maker also forecast a lower-than-expected profit for the first quarter […]

Top 5 Best Browsers for Privacy and Security in 2022

The widespread use of the Internet nowadays results in severe leaks of private information. Security breaches and hacker attacks have become commonplace, and numerous frauds and scams online are our present-day reality. Even if you do not feel endangered or extremely worried about your online security, there are certain factors to take into consideration when […]

Android Phones with eSim

Android Police is made possible by readers like you. We might receive an affiliate commission if you buy something after clicking on one of our website’s links. Keep reading. eSIMs, or embedded SIMs, have been around for a while. They are the only means of tethering your LTE smartwatch to a mobile network. Today, however, […]

Telcos Urgent Need for an Enterprise Firewall

Cyberattacks’ volume and sophistication level have continuously increased over the last few years. A more comprehensive portion of the economy is now potentially a target due to the digitalization of business. The Covid-19 pandemic caused more people to work from home, catalyzing the process. The attack surface is expanding as the number of connected devices […]

Logistical Challenges for Doing Business in South Africa

Following the Covid-19 pandemic, the world is witnessing a recession of epic proportions. In a November article on BUSINESSTECH, BNP Paribas chief economist for the Middle East and Africa, Jeff Schultz, stated that considering the recession in 2023 that the U.S and Europe will be facing soon and China’s attempts to tweak its zero-Covid policy, […]