South Korea’s largest telco KT Corp announced on Friday its acquisition of Epsilon for $145 million from Malaysian conglomerate Kuok Group, framing the South Korean operator to be the dominant stakeholder in the Singapore-based communication firm. The acquisition’s terms gave KT’s partnership with Daishin Private Equity a 100 percent stake in Epsilon from Kuok Group. […]
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Enteral Access Technologies (E.A.T.), a medical device company based in Liverpool, has received the CE Mark for its DoubleCHEK device, which enables the company to market the patient safety product in all EU countries. George Gallagher, founder and CEO, said: “We are pleased to now be able to affix the CE Mark to our DoubleCHEK […]
The United Nations (UN) confirmed on Thursday that earlier this year, its secure computer networks underwent a cyberattack targeting a bundle of critical data to target agencies within the intergovernmental organization, according to Bloomberg. Hackers managed to secure in their pockets data from the UN’s internal system since April by simply wielding an employee’s login credentials […]
Microsoft told employees Thursday that it has indefinitely delayed their return to U.S. offices until it’s safer to do so. “Given the uncertainty of COVID-19, we’ve decided against attempting to forecast a new date for a full reopening of our U.S. work sites,” Jared Spataro, a corporate vice president, wrote in a blog post. Microsoft […]
Ford will cease auto production in India after logging accumulated operating losses of more than $2 billion over the past 10 years. An end to production in India comes less than a year after Ford said it would close its three plants in Brazil, ceasing operations in a country where it had operated since 1919. […]
Robinhood revealed on Wednesday its latest feature allowing users to invest in the cryptocurrency market customarily and regularly for just one U.S. dollar without any additional fees in a bid to augment the company’s fast-growing parts. The trading company announced that the reason behind releasing this feature is to provide a secure way to minimize […]
Salvadorans trying to pay for a cup of coffee or receive money sent from relatives in the United States using the cryptocurrency bitcoin continued struggling to perform transactions Wednesday, a day after El Salvador made it legal tender. Problems still plagued the digital wallet Chivo. El Salvador President Nayib Bukele kept citizens apprised of advances […]
In pre-COVID times, business events _ from small academic conferences to giant trade shows like CES _ routinely attracted more than 1 billion participants each year. The pandemic brought those global gatherings to a sudden halt, emptying convention centers and shuttering hotels. More than a year later, in-person meetings are on the rebound. In late […]
Over two decades, the United States and its allies spent hundreds of millions of dollars building databases for the Afghan people. The nobly stated goal: Promote law and order and government accountability and modernize a war-ravaged land. But in the Taliban’s lightning seizure of power, most of that digital apparatus — including biometrics for verifying […]
China’s famous chipmaker Semiconductor Manufacturing International Corp. (SMIC) revealed on Friday plans to upsurge independence in the chip manufacturing sector by investing $8.87 billion to build a chip plant in the tech city of Shanghai, according to a regulatory filing with the Hong Kong Stock Exchange (HKSE). The Chinese expansion to globally take the lead […]