OPPO remains one of the most ubiquitous smartphone brands today. Especially in Asia, the Chinese smartphone brand has appealed to users of all segments. However, a new controversy is seeking to cut off the brand’s sales from where it is popular. Nokia is suing OPPO, potentially leading to the brand disappearing in some countries.
According to sources, Nokia is seeking penalties for the smartphone brand for allegedly breaching copyrights on registered technology. The technology in question includes those that cover 4G and 5G connectivity. The two have previously agreed to a deal in 2018, but the agreement expired in 2021.
Initially, Nokia chased after OPPO in Germany for the same infringements back in July. The former won the case. As a result, Germany ordered OPPO to stop selling devices in the country. Now, Nokia is suing the brand in other countries in Europe and Asia. Should the company win in the same fashion as in Germany, OPPO might potentially lose its market in the said countries.
To be clear, Nokia itself is suing the brand, rather than HMD Global, the company normally affiliated with Nokia’s current slate of smartphones. The smartphone company is mostly in charge of bringing the brand’s smartphones to the world.
SEE ALSO: Nokia and ZEISS have broken up
Dell study: Employee barriers limit companies from digitizing workplaces
Big gap needs to be addressed
Dell Technologies’ latest study revealed that businesses regard people as their greatest asset, but that barriers leave companies’ potential to accelerate their digital transformation untapped.
The study titled “Breaking through at the intersection of people and technology” took in the response of 10,500 participants worldwide from over 40 countries.
A staggering 91% of respondents believe that a shift to distributed work will create a more inclusive working environment. This includes 56% of employees who do want their work setup to change to a more flexible type.
However, 82% feel that they are left behind, mainly because their employers do not have a tech or IT model to jumpstart the digital change in the workplace. This assertion also reflection as 58% mentioned their employers have no “culture of creativity”.
Half of the respondents (50%) claim they feel burned out from their current setups; 56% also think they do not have work-life balance.
Employees’ fear limits companies from modernizing
Moreover, the study bared that employees welcome the opportunity to partner with technology, although there are “fears” that limit how far companies can innovate further.
A whopping 90% of respondents thought that employers overlook their opinions; 59% are overwhelmed by complex technologies which in turn limit the productivity of employees. Worse, 40% view that leaders treat their staff as “dispensable”.
For a more localized context, in the Philippines, only 50% of IT leaders say their organizations know what it takes to undergo digital transformation in the workplace.
The potential also gets stalled as 67% of respondents believe it is their people’s resistance to change that may lead to failure – something the higherups should address.
Build your breakthrough
To summarize, Dell Technologies’ study concluded that there is a big gap between employers and their workers when it comes to digitizing workplaces.
This gap leads to low productivity and inefficiency, which in turn leads to burnout and other negative feelings.
Given the findings, Dell Technologies suggests that technology alone will not drive the changes necessarily, but rather that it must go hand in hand with people involved.
Michael Josh’s One-on-One interview with John Deere’s CEO
The Tech World’s Most Unassuming CEO
But unlike the past videos, MJ traveled to Moline, Illinois for a rare sit-down interview with John Deere’s CEO, John C. May.
In his first major chat assuming the role in 2018, he opens up about he’s ushering in John Deere’s technological revolution, and how he believes as a tech company, John Deere can help solve the world’s food problem.
In this video, let’s meet the Tech World’s Most Unassuming CEO together with Michael Josh!
Maya cited among 250 promising global fintech firms
The fastest-growing digital bank joins the 2022 CB Insights’ Fintech 250 list
Maya (formerly PayMaya) has just been cited as one of the top 250 promising global fintech firms, according to CB Insights.
The company was named alongside an elite international roster in CB Insight’s fifth-annual Fintech 250 ranking: digital banks Revolut and N26; PayPal-backed payment processor Stripe, merchant platform Pine Labs, and crypto platform Binance.
Maya, through its parent company Voyager Innovations, was recognized due to its strong record of execution, taking the crown as the only platform with an all-in-one money app, leading merchant payment processors, extensive MSME on-ground network, and being the fastest-growing digital bank in the Philippines.
“We are proud to be recognized alongside other trailblazers in the global fintech space. Being on this list validates our thrust of providing an integrated experience to our customers through our comprehensive digital financial ecosystem. It is also a testament to the world-class organization that we’ve built,” said Shailesh Baidwan, Maya Group President and Maya Bank Co-Founder.
One of the 250
Over 12,500 private companies that include applicants and nominees, CB Insights selected Maya as one of the 250 winners. The criteria for winning were chosen based on factors such as R&D activity, proprietary Mosaic scores, market potential, business relationships, investor profile, news sentiment analysis, competitive landscape, team strength, and tech novelty.
“This year’s Fintech 250 winners are shaping the future of financial services, from payments and banking to investing and insurance,” said Brian Lee, SVP of CB Insights’ Intelligence Unit.
“Representing more than 30 countries, these companies are creating safer and more efficient payment methods and transforming how traditional banking, insurance, and investing products are delivered.”
A successful rebrand
After its successful rebranding, the company has expanded beyond payments, introducing game-changing digital banking innovations across its unique ecosystem of 51 million consumers and network of 1.2 million MSMEs.
In just three months after its launch, Maya Bank became the fastest-growing digital bank in the Philippines, smashing records by recording over PHP5 billion in deposit balance and over 650,000 bank customers in just three months after its launch.
Furthermore, Maya Bank is the only digital bank to offer loan products within a quarter from its launch. It was able to scale fast because it leveraged the ready pool of rich transactional data from its payments business.
Moreover, Maya became the second tech unicorn in the Philippines in March 2022. The company was backed by global investors including KKR, Tencent, International Finance Corporation, IFC Emerging Asia Fund, IFC Financial Institutions Growth Fund, SIG Venture Capital, EDBI, First Pacific Company, and PLDT. END
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