Author Archives
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East Timor’s new President aims to forge closer relations with China
Nobel laureate Jose Ramos-Horta has been inaugurated as East Timor’s new president on Friday. He has pledged to dedicate his time in office to strengthen national unity and forge closer ties with China. Thousands have travelled to Dili, the capital… Read More ›
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European Commission sues 5 countries over non-compliance over for audio visual media services
On Thursday, in a statement, the European Commission said, it has referred Ireland, the Czech Republic, Romania, Slovakia and Spain to the EU Court of Justice over their failure to implement the revised directive for audio-visual media services. The European… Read More ›
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Software maker SpotOn raises $300M in latest funding round
In a statement software maker SpotOn said, it had raised $300 million in a late-stage funding round led by investment firm Dragoneer, which valued the company at $3.6 billion. The fundraiser also saw participation from growth-stage venture capital fund G… Read More ›
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Israeli tech startup Masterschool raises $100M in early stage funding round
In a statement Masterschool, an Israeli network of tech career-training schools said, it had raised $100 million in an early stage funding round led by venture firm Group 11. Ronald Cohen, Target Global, Dynamic Loop Capital, and Pitango Ventures, and… Read More ›
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India strengthens cyber security rules
In a statement the India’s cybersecurity watchdog said, New Delhi will not dilute upcoming cybersecurity rules that require social media, technology companies and cloud service providers to report data breaches swiftly, despite growing industry concerns. The Indian Computer Emergency Response… Read More ›
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Hackers using unpatched versions of VMWare to hack organizations
In a statement the U.S. cybersecurity watchdog agency said, it has ordered federal officials to either update or remove a products made by VMWare Inc citing hacking activity that used exploits of old vulnerable versions of the products to break into… Read More ›
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Sony well positioned for dominant position in metaverse: CEO
In a statement Japanese conglomerate Sony Group Corp said, it is well-positioned to play a leading role in the metaverse. The metaverse is a term that encapsulates the idea that consumers will spend more time in online simulated environments. While the… Read More ›
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Not legal for US to seize Russia’s frozen assets: Treasury Secretary Janet Yellen
In a significant development, US Treasury Secretary Janet Yellen said, the United States does not have the legal authority to seize frozen assets of the Russian central bank following its invasion of Ukraine. She also said, it is likely that… Read More ›
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India a big growth opportunity: Stellantis
In a statement Carlos Tavares, the CEO of automaker Stellantis said he expects India to be a profitable market and a big growth opportunity. Stellantis, which sells its Citroen and Jeep brands in India, expects revenues from India to more than… Read More ›
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SpaceX poised to become most valuable US startup
According to sources familiar with the matter at hand, Elon Musk’s SpaceX is poised to become the most valuable U.S. startup with its valuation rising to over $125 billion in an ongoing share sale in the secondary market. The shares,… Read More ›
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