Verizon Says Farewell to AOL and Yahoo By Luke BellosMay 04, 2021
Verizon announced the company would be selling its majority stake in both AOL and Yahoo, officially ending the company’s presence in the media space.
Verizon purchased both companies in a relatively short period of time, with the intention of becoming a major player against other tech companies like Google and Facebook, both of which have diversified their brands by expanding into media. AOL and Yahoo were purchased for roughly 4 billion each, but Verizon executives admit the purchase turned out to be less successful than anticipated. Both companies will now be owned and operated by private equity firm Apollo Global Management after signing an agreement for $5 billion.
Bezos Draws Attention to Workplace Injuries in Final Shareholder Letter By Luke BellosApril 30, 2021
In his last letter to shareholders, Amazon CEO Jeff Bezos pleaded with investors to increase attention to common workplace injuries that are surging in the manufacturing industry. Bezos hopes that the company will pay attention to workplace conditions for employees in the same fashion it is known to treat customers.
According to the company’s own research, musculoskeletal injuries account for roughly 40% of Amazon’s work-related injuries. Though this number is high, this is not uncommon among the manufacturing sector. The World Health Organization claims that musculoskeletal disorders affect nearly 1.7 billion workers globally. The company may be looking to reshape its reputation for it’s treatment of warehouse employees, as the company has received harsh criticism for harboring suboptimal working conditions despite Amazon’s astronomical market value
Nvidia Buyout of Arm Faces UK Roadblock Due to Security Concerns By Laura StotlerApril 29, 2021
Nvidia s planned takeover of semiconductor maker Arm hit a roadblock this week as the UK government raised objections to the buyout due to national security concerns. Japanese tech company SoftBank had originally agreed to sell Arm, which is headquartered in Cambridge, as part of a $40 billion deal.
Oliver Dowden, UK digital secretary, announced that the Competition and Markets Authority (CMA), the UK s competitive watchdog, would look into the sale and review any potential national security implications. The Authority will investigate if Arm plans to raise prices or otherwise hurt licensing services to Nvidia rivals. They will make a report by July 30 revealing their findings.
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Neutral Hosts: The Future of Cellular Enterprise Connectivity Coverage By Arti LoftusApril 26, 2021
As the world becomes increasingly interconnected and device use surges exponentially, difficulties in providing constant full connectivity have also grown.
Mobile traffic now accounts for most online traffic worldwide, with only 46% being attributed to desktop computers; this signals a tremendous change compared to only a decade ago when 97% of global web traffic came from computers, according to HighSpeedInternet.net.
Statista expects that this increase in mobile traffic will expand even further, reaching 77.5 exabytes of global data usage per month by 2022.
This unprecedented expansion in smartphone usage has accentuated pre-existing difficulties, particularly with indoor connectivity that has always plagued mobile network operators (MNOs), who have found that providing reliable wireless signals from MNO towers located outdoors is often ineffective.