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 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 ›
Elon Musk prefers to have a single focus at a time, and it appears that robots will be his focus this year. On a Tesla earnings call, he told investors that his fledgling robot ambitions had “the potential to be… Read More ›
Oil prices rose to a more than seven-year high on Friday, marking their sixth consecutive weekly rise, as global instability heightened fears of energy supply constraints. On a weekly basis, the benchmark contracts posted their longest winning streak since October…. Read More ›
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 ›
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.
The latest Chinese telecommunications behemoth to be barred from entering the United States due to “significant” national security and espionage worries is China Unicom. The Federal Communications Commission (FCC) announced that it had unanimously voted to terminate the company’s authorization… Read More ›
Realme’s CEO has said that the company will enter the European market of high-end smartphones next month with its most expensive gadget yet, as part of a plan to grow apart from its budget offerings and sell 50 per cent more smartphones globally this… Read More ›
According to blockchain analytics firm Elliptic, a defect in the largest marketplace for non-fungible tokens (NFTs), OpenSea, allowing customers to purchase at least $1.1 million worth of NFTs for substantially less than market pricing. An NFT is a type of… Read More ›
In a statement U.S. Trade Representative’s office said it will conduct an inter-agency review of its trade tools and policies to fight forced labor in order to determine whether there are any gaps that need filling. The review, part of… Read More ›
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