Billions in market capitalization wiped out after first Meta quarterly report misses expectations Shares of Facebook’s parent company Meta went into a nosedive after the markets closed on Wednesday, following an underwhelming quarterly report, the first since CEO Mark Zuckerberg announced the name change. The stock stood strong at $323 a share when the markets […]
Feb 1 (Reuters) – Buyout firm KKR & Co Inc (KKR.N) is exploring a sale or an initial public offering for Optiv Security Inc, a U.S. cybersecurity solutions distributor and consultant it controls at a valuation of more than $3 billion, including debt, according to people familiar with the matter. KKR has held discussions with […]
ALBUQUERQUE, NEW MEXICO – For teachers at a middle school in New Mexico’s largest city, the first inkling of a widespread tech problem came during an early morning staff call. On the video, there were shout-outs for a new custodian for his hard work, and the typical announcements from administrators and the union rep. But […]
BANGKOK – Myanmar’s military government is set to pass a new cybersecurity law that will ban the use of internet services, a move that has been condemned by digital rights activists and business groups. The Southeast Asian country has been in turmoil since a coup by the military last February. A widespread grassroots movement has […]
New Delhi [India], January 29 (ANI/Target Media): Apollo Medskills is on a mission to train over 500000 Healthcare workforce in India for COVID response. The initiative is to enhance the human resource capacity for the stressed healthcare systems. Apollo Medskills has already trained and certified over 184000 healthcare resources working in the frontline in the […]
RICHMOND, Va. (AP) — It’s a key part of President Joe Biden’s plans to fight major ransomware attacks and digital espionage campaigns: creating a board of experts that would investigate major incidents to see what went wrong and try to prevent the problems from happening again — much like a transportation safety board […]
SANTA CLARA, California: Chip maker Intel has announced that it will invest more than $20 billion in two new chip factories in Ohio, making the state the company’s first new manufacturing location in 40 years. The announcement came amidst the global chip shortage exacerbated by the COVID-19 pandemic. Intel’s investment will significantly expand U.S. semiconductor […]
WASHINGTON – A chunk of a SpaceX rocket that blasted off seven years ago and was abandoned in space after completing its mission will crash into the moon in March, experts say. The rocket was deployed in 2015 to put into orbit a NASA satellite called the Deep Space Climate Observatory (DSCOVR). Since then, the […]
WASHINGTON — The International Monetary Fund on Tuesday projected the global economy to grow by 4.4 percent in 2022, down by 0.5 percentage point from October’s forecast, according to a newly released update to its World Economic Outlook report. Growth will slow as economies grapple with supply disruptions, higher inflation, record debt and persistent uncertainty, […]
HOUSTON–(BUSINESS WIRE)–Codenotary’s immudb tamper-proof database was ranked the fastest-growing open source in terms of percentage increase in GitHub stars over the fourth quarter based on this list compiled by Runa Capital. The project doubled its star count on GitHub over the past month while seeing increased contributions from its user community such as enhanced SQL […]