Recent Posts - page 305

• Chat app Discord raises $500M in new funding round

  By admin1 on September 16, 2021 • ( 0 )

  

  In a statement Discord said, it has raised $500 million in a funding round led by investment firm Dragoneer Investment Group. Previously Bloomberg News had reported the value of the deal at around $15 billion. Discord declined comment on the… Read More ›

• Federal Housing Finance Agency tweaks capital and leverage requirements for Fannie Mae and Freddie Mac

  By admin1 on September 16, 2021 • ( 0 )

  

  In a statement, the Federal Housing Finance Agency, a regulator which oversees housing giants Fannie Mae and Freddie Mac, has proposed changes to recently imposed capital and leverage requirements on the pair, which aims to encourage the pair to shift… Read More ›

• Zara Owner Inditex Report Quarterly Profits Higher Than Pre-Pandemic Levels

  By admin2 on September 15, 2021 • ( 0 )

  

  The second quarter sale of fashion brand Zara owner Inditex rose above its pre-pandemic levels, outpacing its Swedish rival H&M, as both firms bounced back from the pandemic crisis. With more stores of Inditex, the biggest fashion retailer of the… Read More ›

• Two Data Privacy Investigations Launched Against TikTok By Its Lead EU Regulator

  By admin2 on September 15, 2021 • ( 0 )

  

  Two inquiries have been opened by the lead data privacy regulator for the Chinese owned short video sharing app TikTok within the European Union over the manner I n which the company processes children’s personal data and whether it transfers… Read More ›

• Snap Inc hires Jacqueline Beauchere, its first global head of platform safety

  By admin1 on September 15, 2021 • ( 0 )

  

  On Wednesday, in a statement Snap Inc, Snapchat’s owner said, it has hired a longtime online safety advocate as its first global head of platform safety; the development comes at a time when the company continues to ramp up efforts… Read More ›

• Sukumar Rathnam steps down as Uber’s head of engineering

  By admin1 on September 15, 2021 • ( 0 )

  

  Late on Tuesday, Uber Technologies Inc said, Sukumar Rathnam, its Chief Technology Officer is stepping down as the company’s head of engineering. Uber’s spokesperson did not specify the reason for Rathnam’s departure; Rathnam, who joined the company about a year ago,… Read More ›

• Microsoft to buyback shares up to $60 billion, appoints Brad Smith as President and Vice Chairman

  By admin1 on September 15, 2021 • ( 0 )

  

  In a statement Microsoft Corp said, it has decided to buyback its shares worth up to $60 billion and raise its quarterly dividend by 11%. It has also appointed Brad Smith as its President and as its vice chairman. It also… Read More ›

• Biden taps privacy advocate Alvaro Bedoya for FTC

  By admin1 on September 14, 2021 • ( 0 )

  

  In a statement the White House said, President Joe Biden will nominate Georgetown University law professor, a privacy advocate, to the U.S. Federal Trade Commission. “It is the honor of my life to be nominated to serve on the FTC…. Read More ›

• Pentagon award Lockheed Martin $6.6 billion for support operation and sustainment of F-35 fleet

  By admin1 on September 14, 2021 • ( 0 )

  

  In a statement the F-35 Joint Program Office stated, the Pentagon has awarded Lockheed Martin Corp annualized contracts worth up to $6.6 billion to support operations and sustainment of the global F-35 fleet. The sustainment contract, for fiscal year 2021, with… Read More ›

• Bank of China must stop funding coal power plants abroad: Alliance of 35 NGOs

  By admin1 on September 14, 2021 • ( 0 )

  

  On Tuesday, an alliance of 35 non-governmental organizations told Bank of China, a major global investor in coal- power plants, that it must end the financing of projects which fuel global warming and instead support clean and renewable energy. In… Read More ›

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