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Meta to lay off employees in metaverse silicon unit
Meta is set to lay off employees in the metaverse silicon unit on Wednesday, informed sources told Reuters on…
Microsoft CEO accuses Google of dominating online searching
Microsoft CEO Satya Nadella has accused Google of dominating market share in online searching through locking up…
Egypt invests $600 mln in developing submarine cables system
Egypt invests up to $600 million in developing the network of internet submarine cables, said Minister of…
McDonald’s Egypt to fully automate its delivery operations
McDonald’s Egypt has partnered with automated home delivery solution provider Roboost to fully automate its…
Telecom Egypt secures Medusa subsea cable deal
Telecom Egypt finalised a deal to host AFR-IX Telecom's Medusa subsea cable which will connect to the Red Sea…
Telecom Egypt launches digital platform WeConnect to connect subsea cable systems
Telecom Egypt, Egypt’s integrated telecom operator, has launched its new WeConnect ecosystem, providing access to…
Alibaba plans to spin off Cainiao Logistics Unit for Hong Kong IPO
Alibaba Group said on Tuesday it is planning to spin off Cainiao Smart Logistics Network Ltd., the logistics arm of…
Algeria hosts African Startup Conference II in Dec
Algeria will host for the second edition of the African Startup Conference in December, according to a statement by…
Amazon to invest up to $4bn in AI start-up Anthropic
E-commerce giant Amazon announced on Monday that it will invest up to $4 billion in artificial intelligence (AI)…
Egypt’s Beltone unveils BelCash is rebranded to seven
Egypt’s Beltone Financial Holding announced on Sunday the strategic rebranding of its consumer finance subsidiary…