Private equity funds are rethinking how they pull off large deals after a 40.4 percent contraction in global buyout activity amid a shortage of debt financing caused by rising interest rates and banks’ reluctance to open their money taps. Blackstone’s acquisition of Emerson’s Climate Technologies business in the United States and KKR’s purchase of French […]
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The National Highway Traffic Safety Administration (NHTSA) said on Thursday it has opened two new special investigations into crashes involving Tesla vehicles where advanced driver assistance systems are suspected to have been in use. The new crashes under investigation include an eight-vehicle crash on Nov. 24 on the Bay Bridge in San Francisco in which […]
Microsoft Corp was hit on Tuesday in U.S. court with a private consumer lawsuit claiming the technology company’s $69 billion bid to purchase “Call of Duty” maker Activision Blizzard Inc will unlawfully squelch competition in the video game industry. The complaint filed in federal court in California comes about two weeks after the U.S. Federal […]
Intel Corp is splitting its graphic chips unit into two, the company said on Wednesday, as it realigns the business to better compete with Nvidia Corp and Advanced Micro Devices. The consumer graphics unit will be combined with Intel’s client computing group, which makes chips for personal computers, while accelerated computing teams will join its […]
In a previous article, our writers dived into the software defined networking (SDN) world and explored how it reshaped the Telecoms industry. Simply put, SDN allows operators to modify one or more devices through software instead of accessing a router or switch command line to enter traditional Cisco IOS commands. This innovation then played a […]
Popular short-video app TikTok is offering to operate more of its business at arm’s length and subject it to outside scrutiny as it tries to convince the U.S. government to allow it to remain under the ownership of Chinese technology company ByteDance, according to people familiar with the matter. TikTok has been seeking to assure […]
An Indian parliamentary panel on Thursday recommended the government enact a digital competition act to regulate anti-competitive business practices by Big Tech companies on its platforms. Prime Minister Narendra Modi’s government has had strained relations with many large technology companies, and New Delhi has been tightening the regulation of firms such as Facebook, YouTube and […]
2022 has been full of new mobile devices with never-before-seen features for Apple stans and Android fans alike. If you’re thinking of upgrading your business comms set up, but not sure on what’s best for your needs, Kristian Torode, Director and Co-Founder of business mobile provider Crystaline, recaps the latest devices to hit the shelves in the past […]
Every industry is at risk of fraud, and the telecommunications industry is no exception. Telecom frauds can hit providers and customers alike, albeit through different methods. This type of fraud has unfortunately turned into a big business; these immoral acts funnel billions of dollars every year from carriers’ and subscribers’ accounts into the hands of […]
The U.S. State Department on Friday launched its long-planned “China House” unit, an internal reorganization to help expand and sharpen its policymaking toward its top geopolitical rival. Secretary of State Antony Blinken in May announced the creation of China House, calling it a department-wide, integrated team that would coordinate and implement U.S. policy across issues […]