Internet and Telecom Archives - Page 27 of 36

Meta’s Clegg Accuses TikTok of Being a Threat to National Security 0

Facebook’s parent company, Meta, has accused Chinese social media app TikTok of being a threat to national security, highlighting the growing concerns around Chinese-owned apps. Nick Clegg, Meta’s Vice President for Global Affairs, made the accusations during a speech at the Centre for European Policy Studies in Brussels. Clegg claimed that TikTok, which is owned

Ispace Shares Tumble as Lander Mission Fails 0

Ispace, a Japanese space startup, has suffered a major setback in its mission to explore the Moon. The company’s lunar lander failed to make a soft landing on the lunar surface, causing Ispace’s shares to tumble. This is a significant blow to the company’s ambitions, as it had been planning to offer commercial lunar transportation

Surge in Fake School Emergencies is Harming Children and Educators 0

The increasing trend of false school emergencies is causing trauma to students, teachers, and the entire school community. In recent years, there has been a surge in such incidents across the United States. The false alarms not only disrupt the learning environment but also divert critical resources away from real emergencies, putting lives at risk.

Moelis Tech Team Doubles with New Managing Director Appointments 0
- Internet and Telecom
- April 26, 2023
Moelis & Company, a global investment bank, has announced the addition of several managing directors to its technology division. The move comes as Moelis looks to expand its capabilities in the tech sector and capitalize on the rapid growth of technology-focused mergers and acquisitions. According to a press release from the company, Moelis has hired
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VC Funding Delays: Startups Struggle to Secure Investment 0
- Internet and Telecom
- April 26, 2023
The COVID-19 pandemic has created significant challenges for startups seeking funding from venture capitalists (VCs). In a time of economic uncertainty, VCs have become increasingly cautious about investing in early-stage companies, leading to delays in funding rounds and a more competitive environment for startups. According to Pitchbook, a data provider on private market investments, VC
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Record $151 Billion Gains: Microsoft Reports Strong Q4 Performance 0
- Internet and Telecom
- April 26, 2023
Microsoft, the American multinational technology company, has reported a record-breaking performance in its fourth-quarter earnings, outpacing analysts’ expectations with $46.2 billion in revenue and $2.17 earnings per share. The company’s total revenue for the fiscal year 2021 amounted to an impressive $168.1 billion, up 18% from the previous year. The software giant’s success can be
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