Cybernauts want to forget 2020 as fast as possible, yet as we enter the second decade of the 21st Century, it’s also time to say goodbye to technologies that will not be around for long. Soon to be gone with the thankless 2020 are devices and tech that was necessary for our work routine, […]
After a significant decline stemming from measures adopted to control the COVID-19 pandemic, Puerto Rico’s economy faces further uncertainty as it is again expected to contract in 2021, although less dramatically, according to a projected scenario from economic consulting firm Estudios Técnicos. The firm’s base scenario reflects an economic contraction of 0.9% in 2021, a […]
As 2020 winds down, it will not be like the old days with parties, firecrackers, music, drinks and dancing. It will be the end of the year to stay calm, secluded and collected. Most of us will see the year die down with cell phone in hand to communicate with distanced loved ones at the […]
The Department of Economic Development and Commerce unveiled a new Manufacturing Coincident Indicators Index, a new metrics and analysis tool to illustrate the sector’s economic activity, which agency Secretary Manuel Laboy said reflects that the industry is maintaining a recovery rate. “The most recent report corresponding to October 2020 showed that manufacturing continues to gain […]
The Federal Communications Commission gave its go-ahead to the sale of certain subsidiaries of Univision to investors Searchlight and ForgeLight and Grupo Televisa — but the deal is conditioned to the sale of three of Univision’s television stations in Puerto Rico. According to an order issued by the FCC’s Mass Media Bureau, Univision will have […]
The suspected epic cyberattack, or spy operation into the US government apparatus opens our eyes even wider to the vulnerabilities of the internet spectrum. The news reports say American officials suspect a Russian spy agency has carried out what they describe as a “distressing feat of espionage into dozens of state corporations and government agencies.” […]
Wireless carrier T-Mobile Puerto Rico announced the launch of Project 10Million in Puerto Rico, an unprecedented initiative aimed at delivering internet connectivity to thousands of public school students on the island at no cost to them. With a companywide commitment of $10.7 billion, Project 10Million will address the island’s growing need for internet access for […]
The year 2021 will be characterized by a strong dependency of federal funds across a number of industries, as the effects of the blow the COVID-19 pandemic dealt to Puerto Rico’s economy, local firm Abexus Analytics concluded in a study. “This next year will be characterized by a strong dependency of federal funds, not just […]
Some 160 countries will celebrate the Christmas festivities once again this year, this time amidst a global pandemic. As with other calamities and situations, the web is always is a haven for cheer and holiday spirit. This is not the first time a virus has dampened the festivities on a worldwide scale for humanity. The […]
Challenges such as the grim economic scenario affecting Puerto Rican companies, the heavy tax load, high energy costs, government bureaucracy, and the recent closures due to COVID-19 have local entrepreneurs convinced that recovery will not happen soon. A survey conducted by analysis firm Estudios Técnicos Inc. confirmed that 84.7% of the entrepreneurs polled believe that […]
Puerto Rico’s housing market was improving prior to the COVID-19 pandemic, as reflected by price trends and sales in 2019, which were upward-bound due to a lack of available inventory. However, in general, prices have not recovered to pre-2007 levels and COVID-19 may slowdown the recovery process. Those were some of the conclusions of the […]
The Liberty Foundation rounded up $500,000 in donations during the virtual edition of its 23rd Liberty Foundation Golf Invitational — A new reality tournament, which it split among 23 nonprofits in Puerto Rico and the U.S. Virgin Islands. The donation was presented right before the game, which took place Dec. 4 at a virtual golf […]
Faced with the reality of an economy that has been reduced by 25% since 2006 and a population in continuous decline, Economist José Joaquín Villamil, from the Estudios Técnicos, Inc. firm, warned that the island’s risk profile “is very pronounced,” and urged planning for markets for the elderly, as well as taking advantage of new […]
Rebranding goes on all the time in the cyber world, and it’s not a surprise that the usually beleaguered government-owned PrepaNetworks has creatively done so these days. It’s now goes by the brand of HUB Advanced Networks, LLC. Since its origins in 2004, PrepaNet has sought to commercialize it services at business and residential levels. […]
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