Sunday, September 20, 2020

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...

T-Mobile, Sprint expected to extend deal date

NEW YORK: T-Mobile US Inc and Sprint Corp expect to extend a July 29 deadline to complete their $26-billion merger, according to two sources...

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...

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...

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...

Xiaomi eyes youth with new smartphones

BEIJING: Chinese smartphone vendor Xiaomi Corp has unveiled new smartphones to attract younger generations with what it called an "exceptional" photography experience. The models, named...

Libra may force central banks to create their own

WASHINGTON: Just a few months ago, Augustín Carstens, the general manager for the Bank for International Settlements (BIS), the so-called central bank for central...

Inside Facebook’s plan to disrupt money

SINGAPORE: Facebook Inc. is hoping that the stars will be aligned favourably when it launches its digital currency, christened Libra, in the first half...

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...

LinkedIn publishes China white paper

BEIJING: LinkedIn, the California-based professional social network, has released its China B2B Brand Globalization White Paper, which calls for more domestic companies to adopt...

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