companies

Florida Gov. Ron DeSantis

Florida Gov. DeSantis Signs Social Media Ban for Minors; Companies May Pay Up to $50,000 Per Violation

Florida Gov. Ron DeSantis signed HB 3 into law on Monday, implementing measures to regulate minors' access to social media platforms.

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Samsung Goes Low; To Divide Into Two Companies

The world trade and market was surprised when Samsung reveals that it will be divided into two companies.

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Alibaba, Baidu, and 23 Other Chinese Tech Companies Pledged to Help Government Fight Online Terrorism

As a response to China’s new anti-terror law, 25 tech companies in the country have signed a pledge to help the government combat online terror activities. Under the law, tech companies are required to decrypt information for Beijing and provide assistance to keep the internet from terror-related contents.

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EU Privacy Authorities Assessing The Privacy Shield Likely to Ask For Another Review to be Conducted in 2018

European privacy watchdogs is now assessing the Privacy Shield framework that would regulate the EU-U.S. relations in privacy protection. It’s likely that the EU watchdogs will ask for another review to be conducted in 2018, when a new a new EU data protection law comes into force.

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U.S. CEO Pay Fell Sharply in 2015, The Biggest Drop Since Financial Crisis

CEOs salaries nationwide in U.S. has shown a declining trend in 2015, the biggest drop since the financial crisis. Some factors including the decrease in pension gains contributed to the decreasing in CEO pay.

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Top Wall Street Lawyer Scott Barshay Leaves Cravath Law Firm to Join Paul, Weiss as Head of M&A

Top M&A lawyer, Scott Barshay, leaves Cravath to be a global head of mergers and acquisitions for rival law firm Paul, Weiss. Mr. Barshay has been representing big and high-profile clients, including Honeywell, Starwood, and 3G investment firm.

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UAE’s Beco Capital Projects Tech Startups to Boom in The Region Amid Low Oil Prices

UAE venture capital firm BECO Capital expects that the tech sector will spur amid the slowdown in the economy due to low oil prices. Especially in the region, the firm projects that tech startups will face a significant growth as the government seek to achieve diversification to non-oil sectors.

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Meal-Kit Deliveries Are Gaining Popularity in the U.S., More Such Companies Emerging

Offering raw but pre-packed and pre-measured food ingredients and step-by-step recipes, meal-kit deliveries are getting more popular in the U.S. The country has seen an increase both in demands and the companies who offer such services.

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GCHQ Director Calls for Discussion and Collaboration Between Agencies and Tech Companies to Tackle Encryption

In the wake of the ongoing legal dispute between Apple and the FBI over encryption, GCHQ director Robert Hannigan addressed the issue in his speech at the MIT. He calls for a discussion and cooperation between agencies and tech companies especially in the US and the UK.

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Chinese Venture Capital Firm Pando Group is Investing $2 Million in Israeli Fintech Hub The Floor

Israeli fintech hub initiative is receiving $2 million investments from Chinese venture capital firm Pando Group. The partnership is expected to build the bridge between Israel companies and the Asian markets.

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Tech Salaries Are More Than Double Average Pay in 2015 As The Industry Continues To Grow

Tech salaries are soaring higher, as last year it more than doubles the average pay in other sectors. It proves that the tech industry remains a major driving force in the U.S. economy with high income and massive job gains across the country.

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OJK’s New Regulation on Licensing and Organization of Venture Capital Companies

OJK Issued a new regulation with regards to Venture Capital Companies. The new provision changes the licensing and organization of venture capital companies, and includes sharia law and sharia-based legal entities.

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Sierra Wireless seeking acquisitions in M2M sector

The machine to machine sector is where Sierra Wireless would be seeking investments and acquisitions as it grows in the next five years.

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Companies have been short listed for the new Tavan Tolgoi Power Plant

A number of top notch companies have sent their bids to build Mongolia's Tavan Tolgoi Power Plant.

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Catapult Group formed from consortium of funds and groups of companies

The Catapult Group provides service and administrative support for contract affiliates.

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