Search results for "stock"

Disney unveils plans to stream a galaxy of new series, films

The Walt Disney Co.’s streaming plans shifted into hyper speed Thursday, as the studio unveiled a galaxy’s worth of new streaming offerings including plans for 10 “Star Wars” series spinoffs and 10 Marvel series that will debut on Disney+. In a virtual presentation for investors, Disney chief executive Bob Chapek laid out super-sized ambitions for […]

US antitrust siege of tech widens with lawsuits vs Facebook

The giant tech companies whose services are woven into the fabric of social life are now the targets of a widening assault by government competition enforcers. Regulators filed landmark antitrust lawsuits Wednesday against Facebook, the second major government offensive this year against once seemingly untouchable tech behemoths. The Federal Trade Commission and 48 states and […]

Cybersecurity firm FireEye says was hacked by nation state

Prominent U.S. cybersecurity firm FireEye said Tuesday that foreign government hackers with “world-class capabilities” broke into its network and stole offensive tools it uses to probe the defenses of its thousands of customers, who include federal, state and local governments and top global corporations. The hackers “primarily sought information related to certain government customers,” FireEye […]

Eutelsat Announces UK Availability of konnect: Superfast, Affordable Broadband Connectivity via Satellite

Eutelsat, one of the world’s leading satellite operators, today announces that for the first time, anyone in the UK unable to access terrestrial broadband connectivity through traditional means can now enjoy superfast satellite broadband, no matter where they live, via the Eutelsat next-generation KONNECT satellite.  The new fast, affordable service is provided by Eutelsat’s new […]

Salesforce buying work-chat service Slack for $27.7 billion

Business software pioneer Salesforce.com is buying work-chatting service Slack for $27.7 billion in a deal aimed at giving the two companies a better shot at competing against longtime industry powerhouse Microsoft. The acquisition announced Tuesday is by far the largest in the 21-year history of Salesforce. The San Francisco company was one of the first […]

5G Network Security: UK tightens grip on Huawei even more

The UK government continues to tighten its grip on Chinese tech titan Huawei, and other “high-risk vendors” from the country’s 5G network rollout, by announcing a roadmap that would see UK telcos unable to install Huawei equipment as of September 2021. This will prove costly for British carriers who will be forced to kickoff the […]

Coolwave Communications Chooses Telesmart.io for its DID Inventory Management Solution

The API, white-label cloud platform enables Coolwave to easily offer global numbers and messaging services to monetise the opportunity in serving enterprises, resellers, and the burgeoning CXaaS marketplace.  Telesmart.io, an expert in global number and messaging cloud technology, was selected by Coolwave Communications, a European provider of bespoke voice and messaging solutions, for its global […]

Alibaba chairman says China's antitrust rules 'necessary'

The chairman and CEO of e-commerce giant Alibaba Group praised Chinese regulators Monday in a possible attempt to repair ties after the stock market debut of its former financial services arm was suspended following criticism of them by billionaire Alibaba founder Jack Ma. Beijing’s announcement of proposed guidelines to enforce anti-competition law against internet companies […]

Delivery giant DoorDash plans IPO

Delivery giant DoorDash Inc. is planning to sell its stock to the public, capitalizing on the growing trend of consumers embracing app-based deliveries as much of the world stays home during the pandemic. The San Francisco-based company filed papers signaling its intent for initial public offering Friday. “Technology has changed consumer behavior and driven a […]

Trump bans US investment in Chinese military-linked firms

U.S. President Donald Trump has stepped up a conflict with China over security and technology by barring Americans from investing in companies that U.S. officials say are owned or controlled by the Chinese military. The Chinese government accused Washington of misusing national security as an excuse to hamper competition and warned Friday that Trump’s order […]