Twitter’s Ex CEO Jack Dorsey has changed its financial firms’ name to Block, which was originally named Square. This will be effective from December 10th, 2021. The firm is now planning to focus on Blockchain and cryptocurrencies. The announcement came after he stepped down from Twitter Ceo, he is said to be a staunch supporter…
The succession of Raptor, a dream project of SpaceX seems to be nose-diving. In an email addressed to the employees before Thanksgiving, Tesla billionaire Elon Musk warned them of a potential bankruptcy if progress is not seen shortly. He described the situation dire in the development of Raptor rocket engines. Raptor engines power the company’s…
HTC announced that its companies CareTech and Ciber are uniting under one brand. These amalgamated brands will be under HTC Global Services. With this new beginning, the company is embodying its renewed ambitions and aspirations. This adoption will reflect its transformative journey and the impact it has on its customers, stakeholders, and employees. HTC had…
GoDaddy, the web hosting company, and one of the largest domain registrars identified a third party unauthorized access. In this huge data breach, the website said that nearly 1.2 million word press customers’ email addresses and customer number data have been compromised. A risk of phishing attacks is been ruled since there was an exposure…
Ericsson, an international networking company has decided to take over cloud communications company Vonage for a sum of 6.2 billion dollars. A result of the pandemic that the world saw was acquisitions in cloud communication software. With Vonage acquisition, Ericsson will get a more modern approach like a cloud contact center, communications API, and also…
Italy’s antitrust authority has fined US tech giants Apple and Amazon with almost a fine of 230 million dollars. They have been allegedly accused of anti-competitive cooperation in the sale of Apple and Beats products. As per a contractual agreement in 2018, signed between the companies only selected resellers were allowed to sell Apple and…
IBM recently announced that it has planned to upgrade capabilities in natural language processing (NLP) in Watson Discovery. This upgrade shall majorly benefit the corporate users in financial, insurance, and legal services. These upgrades are made in order to enhance customer service and accelerate business operations. Businesses have completely turned their dependency on natural processing…
Nokia recently announced that it will soon launch its cloud-based subscription service. This service is targeting telecom companies for providing software around analytics, security, and data management. Some of the company’s software services are available under subscription many more commercialized services shall follow in the coming year. Senior Vice President Mark Bunn said that when…
