According to a senior executive from General Atlantic, a global private equity firm, the company plans on investing $2 billion in India and Southeast Asia over the next two years. The development comes in the wake of falling valuations, which… Read More ›
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 ›
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 ›
In a significant development, Russia’s top lender Sberbank said, it is developing an entirely domestic cloud infrastructure following Western sanctions which have caused issues with its foreign cloud partner. Western countries have imposed sanctions on Russian banks. Sberbank has started developing technology… Read More ›
On Monday, a senior official from the EU said, during European Commission President Ursula von der Leyen’s visit to India, she will seek to increase sales of European military equipment to India and relaunch talks of a free trade agreement…. Read More ›
On Monday, a U.S. federal court in Texas has summoned lawyers for ZTE Corp for a hearing whether the Chinese telecommunications equipment maker violated probation in connection with an alleged conspiracy to commit visa fraud. The company is on probation in… Read More ›
On Wednesday, Australia’s intelligence chief said, a “troubling new strategic convergence” is taking place between China and Russia. The risk of a “major power conflict” has grown following Russia’s invasion of Ukraine. China’s President Xi Jinping appears to want to… Read More ›
U.S. President Joe Biden has signed an executive order prohibiting trade and investment by U.S. individuals in the two breakaway regions of eastern Ukraine which have been recognized by Russia as being independent, said the White House. The executive order… Read More ›
In a significant development the European Union has filed a complaint with the World Trade Organization against China saying that Chinese courts were preventing European companies from protecting their telecom technology patents. The European Commission filed the challenge on behalf… Read More ›
Much like its denial of hacking attacks as alleged by various global law enforcement agencies and government, China’s Dongfang Jingyuan Electron, which makes software for chip manufacturing procedures, has denied reports of alleged IP theft from Dutch lithography giant ASML… Read More ›
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