The Dutch authorities raided the Rotterdam-based Chinese security company Nuctech on Wednesday morning as part of a European action against foreign subsidies and unfair trade practices, according to the Financial Times. A similar raid occurred at Nutech offices in Poland.
Google's parent Alphabet on Thursday trounced revenue and profit expectations for the first quarter of this year, causing shares to leap more than 12 percent. Alphabet reported profit of $23.7 billion on revenue of $80.5 billion, crediting growth in cloud computing, YouTube, and online search advertising. Alphabet chief executive Sundar
Bill gives app owner, ByteDance, a year to divest, and while Biden is expected to sign it, the company plans to fight itThe Senate voted Tuesday to pass a bill that will either ban TikTok or force a sale of the short-form video app, giving its China-based parent company ByteDance up to one year to divest its crown jewel before facing deletion from US app stores.The vote was a landslide, with 79 senators voting in favor and 18 against. The bill passed in the House on Saturday by a margin of 360...
Travelers Companies (NYSE:TRV – Get Free Report)‘s stock had its “market perform” rating reiterated by stock analysts at JMP Securities in a note issued to investors on Friday, Benzinga reports. Other research analysts have also recently issued research reports about the stock. Morgan Stanley increased their target price on shares of Travelers Companies from $222.00 […]
Thousands of companies are in danger of losing essential clients and income in the coming months because they are unfamiliar with the new European demands for cybersecurity. This was a warning from 63 different organizations, including MKB-Nederland, Techniek Nederland, Transport en LogistIek Nederland, Bouwend Nederland, and Bovag.
A new report claims that after a series of high-profile security breaches at Microsoft, the company is now concentrating on making improvements to its security features and services.
The Department of Justice (DOJ) is planning to sue Live Nation, one of the
Snap’s share surged 21% in after-hours trading as app’s users increased by 422 million, bringing in $1.2bn in revenueShares in the owner of Snapchat surged 21% during after-hours trading after the social media group beat Wall Street’s expectations for quarterly revenue and user growth.Improvements to Snap’s advertising system are delivering results faster than anticipated, the company said. Continue reading
The Senate has passed legislation that would force TikTok's China-based parent company to sell the social media platform under the threat of a ban.
BATON ROUGE - For the past two and a half years, Kathy King has been fighting with Entergy over a security light charge that she says she shouldn't have to pay."It's the principle of the matter," said King.The charge, which started at about $30, has grown to $124. In 2021, King says a contractor at her home noticed a security light in her backyard was not working. King says she put in a service request with Entergy for repairs but after Hurricane Ida hit she canceled the service. The light was...
It now goes to President Joe Biden, who has backed the TikTok proposal and has said he will sign the package as soon as he gets it.
It now goes to President Joe Biden, who has backed the TikTok proposal and has said he will sign the package as soon as he gets it.