Tech

Rakuten Group is a Japanese internet services company that has been dubbed “the Amazon of Japan”. It offers a huge range of services from banking and credit cards to e-commerce, travel and video entertainment, with 1.4 billion “members” worldwide. Why did a retail giant decide to become a mobile operator? Does Rakuten see this as
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Sony on Tuesday reported a 1.1 percent decline in first-quarter operating profit, much milder than market estimates as its gaming business thrived while consumers locked down at home looked for entertainment and downloaded more games. The electronics and entertainment firm posted April-June profit of JPY 228.4 billion (roughly Rs. 16,180 crores), versus JPY 230.9 billion
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Countries across the globe are spending billions of dollars on ICT infrastructure development but the returns they receive are not always in line with the investments being made. Transformation into digital economies is a goal for many countries but the infrastructure and regulatory environment must be focused on results. ICT policies must therefore be set
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BT has reported its financial results for the three-month period to June 30, with the revenues taking a 7% decline due to the impact of the coronavirus. In the consumer business, revenues declined by 7% year-on-year, while the enterprise unit saw a dip of 9%. The wholesale broadband unit Openreach saw growth of 1%, and
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Nokia CEO Rajeev Suri has boasted of improvements to the radio portfolio, as the team bumps up full-year guidance. The last time Suri addressed the market, it was a low point for Nokia. The accountant’s spreadsheets were taking a beating while customers were showing preference for rivals. There was a risk that Nokia would no-longer
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Amazon grew revenues by 40% and doubled net profit during the second quarter, while large parts of the world were in lockdown. In the galore of quarterly financial releases, Amazon joined the other tech giants which have been subjected to Congress scrutiny to demonstrate that they are not only resilient in the pandemic crisis, they
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Prospect of much tighter controls on social media sparks renewed interest in privacy tools. Recep Tayyip Erdoğan, Turkey’s increasingly censorious president, has sparked another rush for VPN services. No, this is not the result of some government campaign to encourage VPN adoption, but a reaction to upcoming legislation that threatens to stamp out basic internet
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Gaming has been one of the segments poised to profit from societal lockdown, and 20% year-on-year growth at Electronic Arts certainly qualifies. Electronic Arts, the producer of the FIFA and Madden franchises as well as countless other successes, has reported its annual figures with growth few could have imagined at the beginning of 2020. Since
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The US Ambassador to Brazil has warned the country would face severe consequences should it allow Huawei to supply equipment to 5G networks. While the focus in recent years has been on European allies, the US has now seemingly turned attention to the LATAM markets. Not content on extinguishing the Huawei presence in Europe alone,
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