
Zoom acquires Five9 software company for $14.7 billion
Jul 20, 2021 08:03 am UTC| Business Economy
Zoom, the video teleconferencing software program company, announced on Sunday, July 18, that it is acquiring Five9, a software company based in California. It was shared that the deal that cost $14.7 billion is an...

AT&T, Dish ink $5 billion multi-year wireless network deal
Jul 20, 2021 06:21 am UTC| Business Economy
ATT and Dish Network entered into a partnership deal after signing a multi-year deal that is said to be worth around $5 billion. The agreement will make the American telecommunications company the primary network services...

Video of Malaysian police destroying 1,069 bitcoin mining rigs with a steamroller goes viral
Jul 20, 2021 05:19 am UTC| Economy Digital Currency
A video of Malaysian authorities crushing 1,069 bitcoin mining rigs worth $1.26 million using a steamroller in a parking lot at the police headquarters had gone viral. The video was posted last week by local Sarawak...

Tencent acquiring UK’s Sumo Group video game company for $1.3 billion
Jul 20, 2021 05:15 am UTC| Business Economy
Tencent Holdings, the Chinese multinational technology conglomerate holding company, is set to acquire Sumo Group, a British video game company. The deal is reportedly valued at 919 million or around $1.3...

Jul 19, 2021 23:51 pm UTC| Economy Sports
Japans major sporting goods makers, such as Asics, have mostly given up on plans to use the Tokyo Olympics to promote their brands due to the lack of spectators at most stadiums and worries about spreading the...

Japan to allow TV airwaves for 5G use
Jul 19, 2021 23:46 pm UTC| Economy Business
Japans communications ministry will launch a system that would allow live television broadcasts airwaves to be used for 5G ultrahigh-speed mobile communications. Live broadcast airwaves for sports, disasters, and other...

Posco collaborates with Doosan to develop ammonia-extracted hydrogen gas turbines
Jul 19, 2021 23:41 pm UTC| Economy Business
Posco and Doosan Heavy Industries Construction will jointly develop ammonia hydrogen extraction technology and the gas turbines that use the hydrogen as fuel. Under the memorandum of understanding signed online by the...