According to sources familiar with the matter at hand, private equity firm Clearlake Capital has struck a deal to acquire Quest Software Inc from Francisco Partners, valuing the deal at $5.4 billion including debt. The deal is likely to be… Read More ›
Singapore-based virtual currency exchange Coinstore has started operations in India despite the Indian government preparing legislation to effectively bar most private cryptocurrencies. In a statement Coinstore said, it has “launched its web and app platform and plans branches in Bangalore,… Read More ›
On Monday, the CEO of Deutsche Telekom, Vodafone, and 11 other major European telecoms companies said, U.S. tech giants should bear some of the costs of developing telecom networks in Europe based on the fact that they use them so heavily. The… Read More ›
This year, U.S. shoppers spent slightly less on Black Friday sales, with many shoppers visiting physical stores despite coronavirus fears, midst retailers’ efforts to encourage pre-holiday shopping. For the very first time, online spending during Black Friday, which traditionally is one… Read More ›
In a statement Daimler’s Truck Chief Martin Daum said, he expects the global chip shortage to negatively impact Daimler’s revenues by several billion euros in 2021 and sees the issue continuing into 2022. Daimler, the world’s largest commercial vehicle maker… Read More ›
Kids in the Netherlands are among the most joyful around according to research there are several reasons for as to why this happens. A UNICEF report released in the year 2000 found that children from the Netherlands were the most… Read More ›
The Indian government has advised citizens not to sign up for Starlink Internet Services, a part of billionaire Elon Musk’s SpaceX aerospace firm, since it doesn’t have a licence to operate within the nation. A statement from the government issued… Read More ›
In a statement the U.S. Federal Communications Commission (FCC) said, it has asked a federal appeals court to reject China Telecom Corp’s bid to continue providing services in the United States after it revoked authorization for the Chinese company to… Read More ›
In a significant development that once again casts a shadow on the concept of the European Union, Poland’s Constitutional Tribunal ruled that the European Court of Human Rights has no power to question its appointment of judges. The ruling by… Read More ›
The United Arab Emirates and Turkey have signed agreements worth billions of dollars in investments in areas ranging from energy and technology following talks between Turkish President Tayyip Erdogan and Abu Dhabi’s Crown Prince Sheikh Mohammed bin Zayed al-Nahyan. The… Read More ›
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