Bharti Global and UK government on Friday said their joint venture OneWeb — a Low Earth Orbit (LEO) satellite communications operator — launched 36 satellites from the Vostochny cosmodrome in Russia. This takes the total in-orbit constellation to 110 satellites, part of OneWeb’s 648 LEO satellite fleet that will deliver high-speed, low-latency global connectivity, a … Read more
Paytm has taken the challenge to Google’s Play Store by launching its Android Mini App Store, through which it seeks to help developers take their applications to the masses. This is the start-up’s latest move to break Google’s monopoly over distribution of Android applications. Paytm is providing listing and distribution of these mini apps from … Read more
The famed investor’s conglomerate held 245 million shares in the tech titan at last count, making it Apple’s second-largest shareholder with about 5.5% ownership of the company’s public stock. Apple stock has jumped 24% this year to close at an all-time high of $374 on Monday, meaning Berkshire has scored an $18 billion gain on … Read more
Societe Generale’s Albert Edwards says tech stocks face a downfall similar to the dot-com bust he forewarned about in the late 1990s. While acknowledging their market leadership so far during this pandemic, he warns that their prices are rising at an unsustainable pace relative to profit growth. He likened the appeal of tech stocks today to … Read more