Softbank dropped $5 billion worth of publicly listed shares through its SB NorthStar trading unit of four tech giants during its first quarter, the Japanese conglomerate revealed in a financial report released on Tuesday. Back in 2020, the Tokyo-based multinational company vastly invested in social networking platform Facebook, Google’s parent company Alphabet, popular streaming service […]
Daryn Kara Ali
Daryn Kara-Ali has worked in the technology media space for three years. She is Inside Telecom’s Managing Editor. A digital and print news platform and magazine specializing in technology and telecoms. Her self-taught expertise has helped her manage and create a wide range of informative pieces covering all aspects of the tech industry, with content democratizing the industry, generally on a worldwide scale and specifically in the UAE. Daryn has solidly worked on driving a robust, informative culture of innovation around the tech and telecom space on a broad scale, be it digitally or physically, through Inside Telecom’s print magazine, focusing on the UAE. Her efforts and robust professional background fueled her to push herself to take her work to the next level.
Amongst recent cyberattacks that reached between 800 and 1,500 businesses around the world, PC component maker Gigabyte and Singaporean telco StarHub were compromised and affected by yet another cyberattack targeting several internal servers. On Friday, Gigabyte Global was hit with a ransomware attack aimed at the company’s internal servers instead of the system. The Taiwanese […]
Amidst Washington’s deadlock with Beijing, China Telecom may potentially elevate its Shanghai’s initial public offering (IPO) to more than $8 billion leading to its biggest offering this year in the Shanghai Stock Exchange, following the firm’s delisting in its New York counterpart (NYSE) in January. Following Chinese media reports, the Beijing-based firm established its IPO at $0.70 per share, inflating the firm’s worth […]
The U.S. has expressed its support toward Brazil’s proposal of becoming a NATO partner but stressed its concerns regarding the Latin American country’s business with Chinese telecoms titan Huawei within its 5G telecoms network, White House officials told reporters on Monday. During a trip to Brazil last week, U.S. National Security Advisor notified President Jair Bolsonaro of the state’s concerns in partnering with Huawei citing cybersecurity […]
In a CNBC interview on Thursday, Uber CEO Dara Khosrowshahi announced that the ride-hailing giant will mandate its office workers to get vaccinated to resume working hours, but not its drivers. Later this year, all of Uber’s U.S. corporate office-based staff will be obliged to get the COVID-19 vaccine before resuming working hours. However, Khosrowshahi says it wouldn’t be […]
Search giant Google was hit on Tuesday with yet another lawsuit concerning its questionable actions for conspiring with social media titan Facebook for giving “special information” for online advertising auctions. Two Massachusetts law firms accused Google of conspiring in illegal deals with Facebook to provide the social network with biased privileges in online advertising auctions. […]
U.S. Department of Homeland Security revealed on Thursday plans to foster Big Tech giants’ support to strengthen cybersecurity measures, preceding a sequence of high-profile attacks on security infrastructure. In its latest endeavor to secure its infrastructure, U.S. authorities are incorporating Amazon, Microsoft, and Google to reinforce the state’s cybersecurity. Join Cyber Defense Collaborative (JCDC) is […]
Facebook suspended on Tuesday New York University research project’s accounts and prevented access to the social networking platform, successfully halting a study involving the platform’s target on political ads. Damian Collins, a British Conservative Party politician, implicated that Facebook is halting research over the Ad Observer tool that could expose the platform’s hidden agenda concerning […]
Security firm Cybereason reported on Tuesday that it detected three vicious cyberattacks operating on behalf of the Chinese state targeting at least five of the biggest telecommunications firms located in Southeast Asia countries. Previously, a similar cyberattack on Microsoft Exchange email server, the U.S., Britain, and the European Union have repeatedly accused Beijing of state […]
Special-purpose acquisition company Athena Acquisition Corp. announced on Wednesday, alongside technology service provider Pico, definitive merger plans amounting to $1.75 billion. Pico Quantitative Trading – solutions provider to the financial market community – agrees to a merger with blank-check company Athena Acquisition, led by former The Bancorp CEO Betsy Cohen. The deal is set to […]