Dhaka, Aug 26 (UNB) - Telenor Group has been recognised by Fortune magazine for its work to bring affordable health care to the mass market through its mobile health service Tonic in Bangladesh.
The globally renowned business magazine has included Telenor in its fourth annual “Change the World” list of companies that are doing well by doing good, said a press release on Sunday.
The companies on this year’s “Change the World” list hail from 19 different countries.
Telenor Group has made it into the list for its digital health service Tonic, which is making health service accessible and affordable for the customers of its Bangladeshi operation Grameenphone Ltd, the release said.
“To be recognised by Fortune as a company that contributes to changing the world is a testament to how Telenor uses its vast footprint and the power of connectivity for social good, to create shared value,” said Sigve Brekke, President & CEO of Telenor Group.
Speaking on the occasion, Grameenphone CEO Michael Foley said, “The World Health Organization estimates that more than 100 million people are pushed into extreme poverty each year due to medical costs and more than 400 million people lack access to basic health services. Yet in many places – particularly Telenor markets like Bangladesh, Pakistan, and Myanmar – life-changing primary care and health insurance remain out of reach. Tonic can play an effective role in resolving this situation.”
Boston, Aug 26 (AP/UNB)- A piece of computer history that helped launch a trillion dollar company is hitting the auction block.
A fully functioning Apple-1 being auctioned by Boston-based RR Auction in September is one of only 60 or so remaining of the original 200 that were designed and built by Steve Jobs and Steve Wozniak in 1976 and 1977.
It was restored to its original, operational state by Apple expert Corey Cohen. The system was operated without fault for approximately eight hours in a test. It even includes the original keyboard from the 1970s.
It shows the humble beginnings of Cupertino, California-based Apple, which recently became the world's first publicly traded company to be valued at $1 trillion.
The Apple 1 originally sold for about $666. It could get $300,000 or more at auction.
New York, July 28 (AP/UNB) — Cracking down on hate, abuse and online trolls is also hurting Twitter's standing with investors.
The company's stock plunged Friday after it reported a decline in its monthly users and warned that the number could fall further in the coming months. The 20.5 percent plunge comes one day after Facebook lost 19 percent of its value in a single day.
Twitter says it's putting the long-term stability of its platform above user growth. That leaves investors seemingly unable to value what the biggest companies in the sector, which rely on their potential user reach, are worth.
Twitter had 335 million monthly users in the quarter, below the 339 million Wall Street was expecting, and down slightly from 336 million in the first quarter. That overshadowed a strong monthly user growth of 3 percent compared with the previous year.
The company said its monthly user number could continue to fall in the "mid-single-digit millions" in the third quarter.
While Friday was Twitter's second-worst loss since it went public in November 2013, the stock has still doubled in value over the last 12 months.
Long criticized for allowing bad behavior to run rampant on its platform, Twitter has begun to crack down, banning accounts that violate its terms and making others less visible.
Twitter is now attempting to rein in the worst offenders after years as one of the Wild West corners of the internet.
At the same time, it must convince people it's the go-to platform in social media, even though it is dwarfed right now by Facebook.
Facebook has more than 2.23 billion users while its apps WhatsApp, Instagram and Messenger each have over 1 billion.
Twitter on Friday reiterated its efforts to "to invest in improving the health of the public conversation" on its platform, making the "long-term health" of its service a priority over short-term metrics such as user numbers.
As part of these efforts, Twitter said that as of May, its systems identified and challenged more than 9 million accounts per week that are potentially spam or automated, up from 6.4 million in December 2017. The company has previously disclosed these numbers.
A Washington Post report put the total number of suspended accounts in May and June at 70 million. The Associated Press also found that Twitter suspended 56 million such accounts in the last quarter of 2017. While Twitter maintains that most of these accounts were dormant and thus not counted in the monthly user figure, the company also warned that its cleanup efforts could affect its counted user base without giving specific numbers.
"We want people to feel safe freely expressing themselves and have launched new tools to address problem behaviors that distort and distract from the public conversation," CEO Jack Dorsey said in a prepared statement.
Twitter's market value dropped by more than $6 billion Friday, to around $26 billion. Investors still value Facebook at $503 billion. Facebook lost $119 billion in value on Thursday.
Twitter's second-quarter net income hit $100.1 million, after a loss last year during the same period. It's the company's third profit in a row, the third it has ever posted.
Per-share, the San Francisco company's net income was 13 cents, or 17 cents adjusted, in line with expectations, according to a poll by Zacks Investment Research.
Revenue of $710.5 million, up 24 percent and edging out expectations of $696 million.
Dhaka, July 26 (UNB) - Uber, the world’s largest on-demand ride-sharing company, introduced UberIntercity on Thursday to facilitate intercity rides from Dhaka for round trips to Gazipur and Savar at a fare of Tk 22/km and Tk 3/min distance and time structure.
Aimed at enhancing the mobility experience of riders, the service will also enable seamless travel from Dhaka to Gazipur and Savar, said a press release.
It said the intercity service provides a more comfortable and convenient travel option for those looking for going to serviceable areas.
“Riders can use UberIntecity when they need to make a business trip or factory visit outside the city or head out with friends, or simply craving a visit to their hometowns,” the release added.
Uber launched its service in Dhaka on November, 22, 2016 promising to bring a change in the commuting experience in one of the world’s largest metropolises.
New York, Jul 25 (AP/UNB) — Facebook is blocked in China but it's still setting up a subsidiary in the world's most populous country.
The company says it wants to set up an "innovation hub" in Zhejiang to support Chinese developers, innovators and startups. It has done the same elsewhere, including France, Brazil, South Korea and India. But it is not blocked in those countries.
Facebook said on Tuesday that the subsidiary will focus on training and workshops for developers and entrepreneurs.
According to The Washington Post, a filing published on China's National Enterprise Credit Information Publicity System listed the company as Facebook Technology (Hangzhou) Co. The filing, which is no longer accessible, noted that the company is owned by Facebook Hong Kong Ltd. It has registered capital of $30 million.