In a statement, Alphabet Inc’s Google said, it plans on providing grants worth $1.1 million to help businesses in the Middle East and North Africa towards improvements of their digital skills as well as to get them connected to the internet. In a presentation, Google said, it will also provide $3 million in loans to…
Through this strategic move, Grab is expanding from its core ride-hailing services into other areas including electronic money transfers, loans, payment services and food delivery. Through GrabFresh, it now serves on-demand grocery deliveries. It is targetting revenues of $1 billion by the end of 2018. On Tuesday, in a strategic move that banks on its…
China’s reputation in the cyber sphere precedes it. China Telecom is expected to start operations in the Philippines from the 1st quarter of 2018. On Thursday, ahead of the entry of Chinese firms in Philippines telecom market, the country is making heightened efforts to beef up cybersecurity measures midst national security concerns. Many senators have…
The loan is to refinance loans taken by Sprint and ARM for acquisitions. On Thursday, Japan’s SoftBank Group Corp said it has secured a $23.3 billion (2.65 trillion yen) loan agreement to re-finance the acquisition loans for British chip designer ARM and U.S. telecommunications Sprint Corp. The loans have a maturity date of Sept…
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