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Amazon triples net profit to USD 8.1 billion in Q1

2021-04-30 09:05:00| Telecompaper Headlines

(Telecompaper) Amazon more than tripled its net profit in the first quarter to USD 8.1 billion from 2.5 billion the year before, and is guiding for an ever higher figure in the second quarter...

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Apple faces USD 12 mln fine in Russia over app store policies

2021-04-28 12:22:00| Telecompaper Headlines

(Telecompaper) Russian federal competition watchdog FAS has imposed a RUB 906.3 million (USD 12.1 million) fine on Apple for violation of the anti-monopoly law...

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Eutelsat invests USD 550 million for 24% stake in OneWeb

2021-04-28 09:14:00| Telecompaper Headlines

(Telecompaper) Global satellite network OneWeb has secured USD 550 million in funding from Eutelsat Communications, bringing total funding to USD 1.9 billion...

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Zoom unveils USD 100 million Zoom Apps Fund

2021-04-19 15:16:00| Telecompaper Headlines

(Telecompaper) Zoom Video Communications has announced a new venture fund aimed at stimulating the growth of Zoom apps, integrations, its developer platform and related hardware...

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Astranis raises USD 250 mln to develop satellite broadband services

2021-04-15 11:27:00| Telecompaper Headlines

(Telecompaper) US-based satellite broadband specialist Astranis said it raised USD 250 million in a Series C financing round, valuing the company at USD 1.4 billion...

Tags: services develop usd satellite

 

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