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Meta Escapes Antitrust Scrutiny as Appeals Court Sides with the Tech Giant0
- Internet and Telecom
- April 27, 2023
In a significant win for the tech industry, Meta (formerly Facebook) has successfully fought off an antitrust lawsuit that was brought against it by the Federal Trade Commission (FTC) and a group of U.S. states. The U.S. Court of Appeals for the District of Columbia Circuit recently upheld a lower court’s decision to dismiss the
READ MOREDeutsche Boerse Expands Software Reach with $4.3 Billion SimCorp Deal0
- Internet and Telecom
- April 27, 2023
Deutsche Boerse, the German stock exchange operator, has agreed to acquire SimCorp, a Danish provider of investment management software, for €3.6 billion ($4.3 billion). The move comes as Deutsche Boerse looks to expand its software offerings and tap into the growing demand for automation in the investment industry. SimCorp’s software is used by asset managers,
READ MOREAxiata’s Fintech Arm Weighs Capital Raise as It Seeks to Bolster Its Holdings0
- Internet and Telecom
- April 27, 2023
Axiata Group Berhad’s fintech arm, Boost Holdings Sdn Bhd, is reportedly considering a capital raise to fund its expansion plans. According to sources familiar with the matter, the company is eyeing a funding round that could value it at over $1 billion. Boost is one of the largest digital wallet providers in Malaysia, with over
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Fujitsu and Hitachi Drive Shareholder Value with Large-Scale Buyback Programs0
- Internet and Telecom
- April 27, 2023
In a move to bolster their corporate value and appease shareholders, Japanese tech giants Fujitsu and Hitachi have both announced significant share buyback plans. The companies are hoping to signal to investors that they are financially sound and committed to growth, despite challenges posed by the ongoing COVID-19 pandemic. Fujitsu, one of Japan’s largest information
READ MOREAdvancements in AI Empower Scientists to Shed New Light on the Mysteries of the Universe0
- Internet and Telecom
- April 27, 2023
Astrophysics is one of the oldest branches of science, dating back to ancient civilizations’ observations of the stars and planets. Throughout history, scientists have used various techniques to study the universe, from telescopes to space probes, but a new tool is transforming the field: artificial intelligence (AI). The advancements in AI have enabled scientists to
READ MOREThe Fight for Internet Freedom: Understanding the Politics Behind Net Neutrality in America0
- Internet and Telecom
- April 27, 2023
The internet has become an integral part of our daily lives, connecting us to the world and each other in ways we never thought possible. However, behind this digital revolution lies a fierce battle for control and power over the World Wide Web. This is where net neutrality comes in – a principle that keeps
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