Software & IT services

SEC Warns Robinhood for Possibly Violating Securities Laws With its Crypto Business Operations

Robinhood received a warning from the Securities and Exchange Commission regarding potential legal action over its cryptocurrency operations. This signals regulatory scrutiny, focusing on alleged violations of Sections 15a and 17a of the Securities Exchange Act of 1934.


Amazon, Google Suspend Green Card Applications Amid Mass Layoffs in IT Departments

Amazon and Google have recently scaled back their green card applications due to the increasingly challenging process...

Microsoft Increasing Presence in Southeast Asia With Substantial AI Investments in Thailand and Malaysia

Microsoft CEO Satya Nadella made big investments in Thailand and Malaysia and other initiatives to expand its Southeast Asian footprint and advance AI technologies...

Amazon-Backed AI Startup Launches New Features to Claude Chatbot, Rivaling With OpenAI's ChatGPT

Anthropic, backed by Amazon, revealed an enterprise offering and iPhone app to Claude 3, to compete with OpenAI's ChatGPT...


Latest News

Verizon CEO showed interest in Yahoo acquisition
It was confirmed by Verizon CEO Lowell McAdam that Verizon is interested in acquiring Yahoo. The Internet search company had difficult times in the past years as many other companies had their market
After robust phase, venture capital heads to pre-recession level
Venture capital (VC) funding activity seems to be heading towards pre-recessionary mark. The VC activity recorded robust growth phase for over seven years. The sluggish financial markets are discourag
Silver Lake invest $500 million in Symantec
Private equity firm Silver Lake will invest $500 million in cyber security company, Symantec. The money from the investment will be used by the company to buy back shares and issue a $4 dividend to sh
Apple Plans To Transform iPhone Apps To Android Compatible Versions Aiming To Boost Revenue
Apple has tasted the sweet of transforming iPhone apps to Android compatible versions through Apple Music in 2015. In addition to introduce versatile range of products, Apple CEO has announced the fut
Linkedin Q4 2015 Earning is Above Expectations, But Stocks Drop 30%
LinkedIn on Thursday reported its fourth quarter earnings in 2015. The number is better than analyst expectation, but its stock dropped to 30% because of weaker earnings guidance that analyst forecast
Job growth slowdown a sign of tightening economy
The US economy encouragingly created more jobs for the past two years and now is set for a slowdown, as economists predict. The prevailing credit conditions the US market indicate tightening of econom
Cisco to acquire Jasper for $1.4 billion
Cisco announced its intention to purchase Jasper Technologies, a provider of cloud service for internet-powered devices, for $1.4 billion. The merger will enable Cisco to provide a full IoT solution w
Google’s Parent Company Alphabet Wins The Title For ‘World’s Most Valuable Company’ Leaving Behind Apple in Net Asset Value
Google, for the first time, has disclosed financials on earnings, expenditure, asset value and future business planning. From the financials, analysts have found lot of scopes for Google and its paren
NetApp acquires SolidFire: SolidFire is now an official part of NetApp
NetApp has completed its acquisition of SolidFire which is a scale-out flash array maker. Now customers have an advantage to meet their needs for data services by accessing industry's broadest all-fla
Yahoo to Cut 15% Employment, Laying-Off 17,000 Workforce
After a massive loss of $4.3 billion in Q4, Yahoo will struggle much more to return to profitability. The Internet company decided to cut its employment by 15%, close some offices and explore strategi
Real Time Analytics