Author: Stanley Bowers

AT&T led the sale of equipment in the first quarter of this year, registering a notable increase of 46% in this area. This prominent position is largely due to the attractive financing offered to users, such as interest-free monthly plans, which allow them to acquire the latest generation phones. Even the company chaired in Mexico by Mónica Aspe was the only one last year to report positive indicators in this segment. Telcel, for its part, positioned itself as the second operator with the highest percentage of telephone sales, achieving an increase of 14.2% compared to the same period last year,…

In a statement, the Ministry of Economy explained that this investment flow is 48% higher if the extraordinary amounts due to the Televisa-Univisión merger and the restructuring of the Aeroméxico company are not considered. Preliminary data from the agency indicate that without these operations, FDI in the period January-March 2022 was 12,553 million dollars. “The behavior observed in the first quarter of 2023 represents the confidence of investors to maintain and expand their investments in the country,” the SE celebrated in its report on Sunday night. In these first three months, the United States confirmed itself as Mexico’s main trading…

“Meta simply cannot blackmail the EU into waiving its data protection standards,” lawmaker Axel Voss responded at the time. “Leaving the EU would be their loss.” This fine surpasses the previous record of the European Union, which was 746 million euros imposed on the giant of electronic commerce, Amazon, for similar privacy violations. Meta will appeal the determination After the fine was unveiled, the company’s president of global affairs, Nick Clegg, and legal director, Jeniffer Newstead, said they will appeal the decision and seek a stay in court, “given the harm you are doing.” these orders would cause even the…

The president said that, after “recovering” the concession of the section Coatzacoalcos-Medias Aguas operated by Ferrosur, it will be possible to transport cargo and passengers from Coatzacoalcos to Puerto Progreso. Mon May 22, 2023 10:02 AM The stretch was originally granted to Ferrosur, SA de CV, a subsidiary of Grupo México through a concession title published in the Official Gazette of the Federation on December 14, 1998. President Andrés Manuel López Obrador said that the “recovery” of the concession for the Coatzacoalcos-Medias Aguas section, operated by Ferrosur, will allow cargo and passengers to be transported from Coatzacoalcos, Veracruz, to Puerto…

The president said that there are four requirements and recommendations for the federal government to approve the operation: 1. That the buyer’s capital is mostly Mexican. 2. That the buyer is up to date with the payment of taxes. 3. That the cultural patrimony of Banamex stay in Mexico. 4. That taxes be paid for the operation, which in this case will correspond to Citigruop as the seller. In a moment more information

Today’s topics: – AMLO expropriates roads from Grupo México. Who reacted? – Armed attack leaves 10 dead in a rally in Ensenada, Baja California. – Is there a risk of the Popo exploding? – And to all that, how is the weight? – Millions of Android TVs and phones arrive with malware pre-installed.

dollar to peso exchange rate The exchange rate was quoted at 17.92 pesos per dollar, a depreciation of 0.92% compared to the closing price of the Bank of Mexico on Friday. With today’s, the peso accumulates five consecutive sessions of losses against the dollar. The depreciation of the peso occurs after the Bank of Mexico confirmed a pause in the cycle of interest rate increases. At the same time, risk aversion increased after the restart of the debt ceiling negotiations in the United States, the expropriations of railway sections in Mexico and a possible return to rate increases by the…

EXP: You’ve been covering this source for almost 36 years. What was technological journalism like in the late eighties? Very few people did it, it was little known and highly specialized. I used to write about local networks, ethernet… very boring things (laughs). I started writing for a publication called MacWEEK, which was about technology but also about lifestyle. It had a similar pattern to The Rolling Stones because the people who wrote in MacWeek also wrote in that magazine because they were on the same street, Brannan. They started writing more about technology (…) It was fun and countercultural.…

“The only effective measure that the government has in the face of inflation of this size is through monetary policies defined by the Bank of Mexico. What the federal government can do is supervise, so that sellers are not abusing prices; something that has not happened”, lamented Fernando Cruz, partner of GCMA. “They are good intentions, but with few results,” he added. So far this year, products such as eggs have risen in price by 24%; edible vegetable oil 12.46%; sugar 10.67%; lemon almost 50%; and potatoes have risen in price by 30%, details information from the Mexican Institute for…