Friday, July 10, 2020

Mark Zuckerberg to become head of a Swiss bank

Bern: Mark Zuckerberg is about to become the head of a very big bank based in Switzerland. Libra is Facebooks’ new cryptocurrency.  Imagine sitting...

Google’s solution for African internet: Balloons

SAN FRANCISCO: Bringing fast, widespread internet to rural Africa has proven vexing for companies that have tried—and largely failed—with strategies ranging from drones to...

Education startup SABAQ shortlisted for Siemens Foundation’s global award

KARACHI: From a pool of 800 submissions from 86 countries, SABAQ is the only Pakistani startup to be among the 11 finalists for the...

Xiaomi sews up deals for smart homes

SAN FRANCISCO: Chinese technology giant Xiaomi Corp announced it has teamed up with Sweden's furniture titan Ikea to offer smart home products. The tie-up is...

High-tech trade dispute rooted in Japan’s wartime history

TOKYO: Japan has tightened curbs on exports of high-tech materials used in smartphone displays and chips to South Korea, upping the ante in a...

Facebook’s Libra needs central bank supervision

WASHINGTON: Social networking giant Facebook published a white paper in June laying out its plans for a new blockchain-based digital currency called Libra, which...

Ola gets green light for London taxi business

LONDON: India’s biggest ride-hailing platform Ola Cabs, which is run by ANI Technologies Pvt. Ltd, has received approval from London’s transport regulator to start...

Samsung seeks alternatives to Japanese suppliers in trade row

SEOUL: South Korean tech giant Samsung Electronics, the world’s biggest smartphone and memory chip maker, is seeking alternatives to Japanese suppliers for some key...

Profit soars for Microsoft fueled by cloud services

SAN FRANCISCO: Microsoft delivered stronger-than-expected earnings in the recently ended quarter, citing growth in partnerships with companies on technology and cloud computing services. The US...

Apple seeks new front in Qualcomm war via Intel

NEW YORK: Apple is seeking a new front in its ongoing war with Qualcomm over smartphone profits. The iPhone maker hopes to combat maturing...

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