Month: February 2022

Contributing to Asia-Pacific and European Economies Through Expanded Internet Access

We’re sharing results from the economic impact reports by Analysis Mason and RTI International on the estimated effects of our subsea cable investments in Asia-Pacific (APAC) and Europe. Our numerous subsea cable systems in Europe and APAC are estimated to contribute more than half a trillion USD in additional GDP by 2025. In APAC alone,…

High court to weigh limits to EPA efforts on climate change

The Supreme Court is hearing a case its conservative majority could use to hobble Biden administration efforts to combat climate change. The administration already is dealing with congressional refusal to enact the climate change proposals in President Joe Biden's Build Better Back plan. Now the justices, in arguments Monday, are taking up an appeal from…

Updates on Our Security Work in Ukraine

We took down a network run by people in Russia and Ukraine targeting Ukraine for violating our policy against coordinated inauthentic behavior. They ran websites posing as independent news entities and created fake personas across social media platforms including Facebook, Instagram, Twitter, YouTube, Telegram and also Russian Odnoklassniki and VK. In the past few days,…

S. Korea drops proof of vaccine, test to aid virus response

South Korea will no longer require people to show proof of vaccination or negative tests to enter any indoor space starting Tuesday, removing a key preventive measure during a fast-developing omicron surge that's elevating hospitalizations and deaths. The Health Ministry’s announcement on Monday came as the country set another one-day record in COVID-19 deaths with…

Ruble sinks 26% after SWIFT sanctions against Russian banks

The ruble sank nearly 26% against the U.S. dollar early Monday after Western nations moved to block Russian banks from the SWIFT global payment system. The ruble was trading at a record low 105.27 per dollar, down from about 84 per dollar late Friday. Over the weekend, Japan joined the moves by the U.S. and…

Putin: Countries that interfere with Russia will face severe consequences

Russian President Vladimir Putin said in a speech announcing a military operation in Ukraine that countries that interfere with Russian actions will face “consequences you have never seen,” The Associated Press reported. Russia almost immediately launched an invasion into the country.Putin says the operation is to protect citizens from Ukraine aggression and to demilitarize the…

Samsung announces Galaxy Book2 Pro Series delivering mobile-first PC experiences, security advances

Samsung Electronics Co., Ltd. announced on Sunday at the MWC Barcelona event its Galaxy Book2 Pro series, a flagship PC lineup featuring the Galaxy Book2 Pro 360 with S Pen functionality and Galaxy Book2 Pro with 5G. Both combine flexibility and versatility for work and education with Samsung’s mobile DNA for a PC experience that…

$6.25B sale of Venetian properties on Vegas Strip complete

The new and old owners of the Venetian and Palazzo casino resorts and former Sands Expo and Convention Center announced Wednesday they have completed the sale of the iconic Las Vegas Strip properties for $6.25 billion. Apollo Global Management and Las Vegas Sands Corp. said in separate statements that gamblers, conventioneers and hotel guests should…