Messaging platform WhatsApp finds itself in hot water with users worldwide, following its decision to update its privacy policy that enables it to share users’ data with Facebook and other properties owned by the group.
This update has led to a vast amount of mistrust within several of WhatsApp’s leading...
Wednesday’s bidding on the 5G wireless spectrum became the telecom industry’s most expensive auction ever, with nearly $70 billion being spent as leading telecom companies compete for airspace on the new network.
Analysts predict that AT&T, Charter Communications, Comcast, T-Mobile US, and Verizon Communications are among the leading bidders. While...
French conglomerate Bouygues SA announced on Saturday that it will be buying Equans, the services unit of energy giant Engie SA. The purchase, worth 7.1 billion euros ($8.2 billion), is one of the largest deals in France this year. This is also the largest acquisition to be completed by...
Japanese holding company SoftBank has announced that it intends to double the number of users of its PayPay QR code payment app in the next three to four years. According to an executive at Z Holdings (SoftBank's internet subsidiary), the conglomerate is aiming to extend its lead in the...
British multinational telecommunications company BT reported a 3% rise in its first-quarter adjusted earnings late last week, attributing this increase to improved trading across its businesses. This comes after the company reported 1.87 billion pounds ($2.61 billion) in adjusted core earnings on total revenue of 5.07 billion pounds ($7.06...
In an auction over 5G airwaves across the United States, bidding has exceeded $76.5 billion, making it the most expensive auction to be run by the Federal Communications Commission to date. The auction, which began last month, started out with 57 potential bidders.
With the bidding war already reaching new...
Spanish telecom company Telefonica plans to sell their mobile phone masts. Owned by its Telxius division in both Europe and Latin America, they’ll be selling it to American Towers for a whopping 7.7 billion euros, which is the equivalent to approximately $9.41 billion.
The 30,000 mobile phone masts included in...
Italy's antitrust regulator announced recently that it will be officially launching a probe into a technical and distribution deal between sports streaming app DAZN and Telecom Italia, in which DAZN secured the rights to screen Italian Serie A soccer matches over the next three seasons for a 2.5 billion...
Israeli chipmaker Tower Semiconductor announced on Wednesday its plans to invest an extra $150 million into its efforts to boost its production capacity. According to a company forecast, this year promises to provide record revenue as a result of an unprecedented level of demand.
With certain economies recovering fairly quickly...