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What goes up must come down: Alphabet shuts down Loon
2021-01-22 01:00:00| Total Telecom industry news
It is a sad day for novel connectivity mediums, with Alphabet announcing the shutting down of its Loon project, which sought to provide connectivity by attaching base stations to balloons some 20km in the air. Loon, founded in 2011, intended to use these floating base stations to provide connectivity to hard-to-reach customers around the world…read more on TotalTele.com »
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CEO and founder of Global Fashion Agenda to step down
2020-12-09 11:15:00| Daily apparel & textile news and comment - from just-style.com
Global Fashion Agenda CEO Eva Kruse is to step down from her role next year after leading the forum for 15 years.
Ooredoo Group net profit grows 16% in first 9 months, revenue down 3%
2020-10-29 09:17:00| Telecompaper Headlines
(Telecompaper) Ooredoo Group said its net profit increased by 16 percent to QAR 1.47 billion in the first nine months to 30 September from QAR 1.26 billion in the same period in 2019 in a more favorable foreign exchange environment. Revenue declined by 3 percent year-on-year to QAR 21.41 billion from QAR 21.96 billion because of Covid-19, with a reduction in handset sales and roaming business as well as macroeconomic weakness in some markets. This was partially offset by growth in Indonesia.
Coronavirus: US poverty rises as aid winds down
2020-10-15 19:43:31| BBC News | Business | UK Edition
Poverty rates and jobless claims in the US are rising, amid disagreement over further pandemic aid.
Pay TV subscriptions still rising, but revenues on the way down
2020-10-09 04:00:31| Digital TV News
Global pay TV revenues peaked in 2016 at $202 billion and will fall to $152 billion in 2025, according to Digital TV Research. This is lower than 2010s $175 billion - despite the number of pay TV subscribers rising by 345 million.