Tech stock redemptions have totalled $1.5 billion in the past week, the biggest since February 2015, according to a Reuters report.
Facebook’s Zuckerberg orders execs to boycott iPhones
Facebook CEO Mark Zuckerberg has reportedly “ordered” members of his management team to stop using iPhones in favour of Android devices.
Uber eyes Middle East growth as revenue slows
Ride-share company Uber on said that its net loss topped a billion dollars in the recently ended quarter as it …
Worldwide IT spending to hit $3.8 trillion, says Gartner
Worldwide IT spending is projected to total $3.8 trillion in 2019, an increase of 3.2 percent from expected spending of $3.7 trillion in 2018, according to the latest forecast by Gartner.
SoftBank moves forward with multi-billion-dollar IPO
SoftBank Group has won approval to conduct a $21.04 billion (2.4 trillion yen) initial public offering (IPO) of its domestic telecoms business.
Mobile, broadband data, key growth drivers as revenue from voice hits roadblock
Mobile and broadband data will continue to drive growth within the telecom sector, even as mobile voice and messaging is …
Global robotics market to reach $147 billion in seven years
The global robotics market’s revenue is expected to rise at a solid 17.4 percent CAGR between 2017 and 2025 hitting $147.26 billion in seven years.
Lenovo Yoga Book to Sony Headphones, check out the CES top tech innovators for 2019
If Lenovo won it for the Yoga Book C930, Sony took away the top honors for its WH-1000XM3 headphones and …
Coming soon, Samsung’s new foldable device
Just two weeks after an unknown Californian firm ran off with the coveted trophy of unveiling the first ever foldable …
EU digital tax plan on the verge of collapse: report
French President Emmanuel Macron said he still hopes to persuade Germany to back a European Union-wide digital turnover tax, despite Berlin’s preference for a global minimum corporate tax to stop firms shopping around for tax havens.
EU leaders push proposal for digital tax
European Union finance ministers are set to discuss a watered down proposal on an EU-wide digital tax, according to a report by Reuters.
Facebook’s Zuckerberg bets big on “stories”
Facebook Chief Executive Officer Mark Zuckerberg is betting the company’s future on video and disappearing posts called “stories,” not the company’s famous news feed. Investors are buying into the vision for now, Bloomberg reported.
Blockchain to transform global Islamic finance industry: experts
The adoption of blockchain, artificial intelligence, cryptocurrencies and other advanced technologies are expected to have a positive impact on the global Islamic finance sector and create new benefits and opportunities for banks and consumers alike, according to experts at GIES 2018.
Tweet that led to $20 million SEC fine was “worth it”, says Musk
Tesla Chief Executive Elon Musk said the tweet that cost him and the company $20 million in fines each by the US Securities and Exchange Commission was “worth it”.