The U.S. Department of justice indicted two hackers for breaking into the systems of AT&T and several other companies.
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Funding for European tech appears to have stabilised in 2024 after dropping precipitously in 2023, but the signs continue to point to more tough times ahead, according to the latest State of European Tech report. The annual survey — produced by European VC firm Atomico — notes that startups in the region are on track […]
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Oyo founder Ritesh Agarwal’s investment vehicle has proposed to inject another $65.1 million into the hotel management startup, according to shareholder notifications reviewed by TechCrunch. The investment, through Redsprig Innovation Partners, would value the SoftBank-backed company at $3.8 billion, according to terms shared in the extraordinary general meeting notice. While this represents a 38% premium […]
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ByteDance, the Chinese company that owns TikTok, valued itself at $300 billion in a recent share buyback offer, according to a new report in The Wall Street Journal. That number might sound familiar, as the WSJ previously reported on a ByteDance buyback offer at a $300 billion valuation back in September 2022. But a year […]
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Significant changes are coming to ABL Space Systems. The leader of the 7-year-old startup took to social media last night to make a big announcement: The company will no longer be focusing on the commercial launch market but will be turning instead to missile defense. ABL had been developing a small launch vehicle called RS1 […]
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Significant changes are coming to ABL Space Systems. The leader of the seven year old startup took to social media last night to make a big announcement: the company will no longer be focusing on the commercial launch market, but will be turning instead to missile defense. ABL had been developing a small launch vehicle […]
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Reliance and Disney have completed their landmark Indian media merger, creating an $8.5 billion entertainment powerhouse that will dominate the streaming and television markets in the world’s most populous nation. The deal, proposed in February, brings together Disney’s Star India with Reliance-controlled Viacom18 under a joint venture that will control about 85% of India’s streaming […]
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U.K. consumer rights group ‘Which?’ is filing a legal claim against Apple under competition law on behalf of some 40 million users of iCloud, its cloud storage service. The collective proceeding lawsuit, which is seeking £3 billion in compensation damages (around $3.8 billion at current exchange rates), alleges that Apple has broken competition rules by […]
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The world’s richest man buys out one of the most popular social media platforms and uses it as a propaganda and disinformation machine in support of a presidential candidate. What could go wrong? An analysis from the Center for Countering Digital Hate (CCDH), a nonprofit that tracks misinformation, found that Elon Musk posted at least […]
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Assaf Rappaport, the co-founder and CEO of cloud security startup Wiz, said that turning down a $23 billion offer from Google was “the toughest decision ever,” but justified it by saying the company can get even bigger and reach $100 billion because cloud security is the future. “I think we did the right choice,” Rappaport […]
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Founded in 2017, Atoms Lanka Solutions is a provider of IT consulting and software development services. Throughout the company’s history, we have worked with over 160 customers from 5+ countries..
