In a statement the British government said, it is considering to make a major NATO deployment as part of a plan to strengthen Europe’s borders in response to Russia massing troops on Ukraine’s border. Britain has made it clear, in the… Read More ›
Creativity
Elliott Management and Vista Equity Partners to take Citrix Systems private in $13 billion deal
According to sources familiar with the matter at hand, Elliott Management Corp and Vista Equity Partners are close to acquiring Citrix Systems Inc in a deal that values the Citrix at around $13 billion. The deal could be officially announced as… Read More ›
Media Firms Should Gear Up As Investors Are No Longer Impressed With Streaming Video
Media and entertainment corporations have been dead intent on demonstrating to Wall Street that they have a strong streaming video plan to battle traditional pay-TV declines for the past two years. The theory was that taking more of a customer’s… Read More ›
Blockchain company Valereum buy 90% of Gibraltar Stock Exchange to create world’s first hybrid stock exchange for crypto and shares
In a statement Valereum, a Blockchain company said, it would buy 90% of the Gibraltar Stock Exchange (GSX) to create the world’s first bourse where cryptoassets and shares and can be traded. Valereum, which is listed on London’s Aquis Exchange,… Read More ›
FCC announces $1.2 billion towards rural broadband in 32 states
In a significant development, that will see the replacement of Huawei telecom gear and equipment in rural United States, the Federal Communications Commission said, it will authorize more than $1.2 billion for rural broadband in 32 states.
Hewlett-Packard wins fraud case against British tech tycoon Mike Lynch
In a significant development, a British judged ruled tech tycoon Mike Lynch had masterminded an elaborate fraud to inflate the value of his company – Autonomy, before it was acquired by Hewlett-Packard for $11 billion in 2011. HP’s acquisition of Autonomy… Read More ›
AirAsia Group Bhd changes name of its listd holding company to Capital A Bhd
On Friday, in a statement Malaysia based AirAsia Group Bhd said, it has decided to change the name of its listed holding company to Capital A Bhd. The development comes in the wake of the company seeking market recognition of its… Read More ›
ABB acquires controlling stake in InCharge Energy
On Thursday, in a statement ABB said, it had acquired a controlling interest in U.S-based InCharge Energy, which specializes in electric vehicle (EV) commercial charging infrastructure. ABB, which makes industrial automation and factory robots said, the acquisition built on an initial investment… Read More ›
Chinese state backed hacker group APT 27 targeting German companies: Federal Office for the Protection of the Constitution
In a statement Germany’s Federal Office for the Protection of the Constitution (BfV) said, China’s state backed hacking group APT 27 which since long is suspected of launching attacks on Western government agencies, is now targeting German companies in sectors… Read More ›
Intel scores huge antitrust fine win in EU’s second highest court
In a significant development, Intel won a landmark $1.2 billion (1.06-billion euro) antitrust fine from the European Union with the Europe’s top court ruling in favour of Intel’s arguments. The ruling by the court is likely to cheer Alphabet’s Google as… Read More ›
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