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Wednesday, June 16, 2021

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South Korea now has 15 million 5G users

Seoul/New Delhi: Mobile users on 5G networks in South Korea reached over 15 million last month, data showed, as telecom operators race to acquire...

Japan’s Renesas to raise $2 billion via new shares to fund Dialog purchase

Japan's Renesas Electronics Corp said it will raise 218.5 billion yen ($1.99 billion) through a new share issue to help the automotive semiconductors maker...

Snap to buy augmented reality company WaveOptics for over $500 million

Snap Inc said Friday it will acquire WaveOptics Ltd, a British augmented reality (AR) technology company, for over $500 million. The deal, first reported...

Orange to lay off 485 employees in Spain amid ‘hypercompetitive’ market

MADRID: Orange's Spanish business will lay off up to 485 employees in the coming weeks, the company said on Friday, citing years of shrinking...

Google wins cloud deal from SpaceX for Starlink internet service

Google has won a deal to provide cloud services to Elon Musk's SpaceX, which has launched a slew of Starlink satellites to provide high-speed...

Samsung heir Lee inherits key portion of patriarch’s stake

Stakes held by the late Samsung Electronics Chairman Lee Kun-hee in the tech giant and other key affiliates were divided among his son Jay...

Airtel: Airtel Payments Bank announces ‘Rewards123’ savings account; offers benefits on digital transactions – Latest News

Airtel Payments Bank on Friday announced its new savings account 'Rewards123' that offers benefits and value to customers when they transact digitally using the...

TA Associates: TA Associates to buy business software maker Unit4 in $2 billion deal – Latest News

Buyout firm TA Associates will acquire Unit4 NV, owned by private equity firm Advent International, in a deal valued at more than $2 billion,...

5G network: 5G users in South Korea to take legal action over poor network – Latest News

Hundreds of 5G smartphone users in South Korea are banding together to take legal action against the country's three major telecom operators, SK Telecom,...

tata communications: Government sells 10% stake to exit Tata Communications – Latest News

New Delhi: The government on Friday said it has exited Tata Communications after selling 10 per cent stake to Tata Sons' arm Panatone Finvest...

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