Greece’s fledgling tech scene starts to take off
After years in which Greece was almost as well known for its financial woes as it was for its beaches, recent deals have highlighted a small but thriving startup scene that has grown up since the crisis.
Is this the start of Facebook’s real-time downfall?
Meta Platforms Inc. (Facebook) had a historic fall last week, with Mark Zuckerberg, the social network’s creator, losing almost $31 billion of his fortune, one of the entrepreneur’s largest personal losses in recent times. It is said to have dropped more than 20% last week after the social networking business issued a weaker-than-expected projection. As […]
Global tech stocks stage tentative recovery after Meta rout
Tech stocks staged a tentative rebound across financial markets on Friday as stellar results from Amazon (.AMZN) convinced traders not to give up on a sector weakened by a global monetary tightening cycle and the historic crash of Facebook owner Meta.
Publicis bets on further growth in 2022 after digital ad boost
Publicis Groupe (PUBP.PA), the world’s third-biggest advertising agency, on Thursday forecast organic sales growth of 4% to 5% this year, after its 2021 earnings exceeded their pre-pandemic levels to reach new records.
Analysis: Sony faces deep-pocketed rivals in war over future of gaming
Sony Group (6758.T), perched atop the gaming sector, is facing a fresh challenge from cash-rich rivals betting on a next-generation online video game boom as the Japanese conglomerate eyes expansion on multiple fronts, including electric cars.
White House will meet execs from Apple, Amazon, IBM to discuss software security
The White House will meet executives from leading tech firms, including Alphabet-owned Google (GOOGL.O), Apple Inc (AAPL.O) and Amazon.com Inc , on Thursday to discuss software security after the United States suffered several major cyberattacks last year.
Reddit jumps on IPO bandwagon with confidential filing
Reddit Inc, whose message boards became the go-to destination for day traders during this year’s meme stock frenzy, said on Wednesday it had confidentially filed for an initial public offering with U.S. securities regulators.
EXCLUSIVE Zoom has joined tech industry counterterrorism group
Video-conferencing platform Zoom has joined a counterterrorism organization formed by major U.S. tech companies including Meta Platforms Inc (FB.O), formerly known as Facebook, and Microsoft Corp (MSFT.O), the group said on Wednesday.
Australia to raise possibility of more legislation on tech giants with new inquiry
Australia’s Prime Minister Scott Morrison will on Wednesday announce a parliamentary inquiry into the behaviour of the world’s largest technology companies and the need for new legislation.
Singapore bank DBS suffers two-day tech outage, c.bank mulls supervisory action
Singapore’s central bank said on Wednesday that it will consider taking “supervisory action” on DBS Group Holdings Ltd (DBSM.SI) after the Singapore bank’s online banking services faced disruption for the second consecutive day.
