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August 19, 2022

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Dye & Durham Mulls Walking Away From Link Deal

July 28, 2022July 22, 2022 - by game-liveorg

Software firm Dye & Durham Ltd. is weighing walking away from pursuing Australian data-services outfit Link Administration Holdings Ltd., according to people familiar with the matter, potentially ending a deal …

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Technology

Wefox Sees Valuation Jump 50% to $4.5 Billion in Funding Round

July 27, 2022July 22, 2022 - by game-liveorg

Wefox, an insurance-technology firm founded by former Groupon Inc. and Deutsche Bank AG staff, raised $400 million in a funding round that values the company at $4.5 billion. That’s a …

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Technology

Microsoft Cuts Jobs in Structural Adjustment, Plans More Hiring

July 26, 2022July 22, 2022 - by game-liveorg

Microsoft Corp. cut some jobs on Monday as it realigned business groups and roles after the close of its fiscal year on June 30. It said it plans to keep …

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Technology

Delta, Amazon, Wells Fargo Join Effort to Push for More US Computer Education

July 25, 2022July 22, 2022 - by game-liveorg

Executives of Walmart Inc., Delta Air Lines Inc., Wells Fargo & Co. and Amazon.com Inc. are among more than 500 who have joined an effort by Code.org urging governors and …

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Technology

Unilever-Backed Venture Firm Cathay Raising 1 Billion-Euro Fund

July 24, 2022July 22, 2022 - by game-liveorg

Cathay Innovation, a venture capital group backed by consumer conglomerate Unilever Plc and energy giant TotalEnergies SE, is raising 1 billion euros ($1 billion) to back tech startups. The venture …

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Technology

Sinch Plunge Wipes Out $1.3 Billion After Profit Warning

July 23, 2022July 22, 2022 - by game-liveorg

Sinch AB shares plunged for a second day, earlier erasing as much as $1.3 billion of market value, as the Swedish cloud-based platform provider warned that a “reassessment” of certain …

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Technology

A Cheap Tech Stock Made the Cut for Europe’s Biggest Value Fund

July 22, 2022 - by game-liveorg

Europe’s biggest value-oriented fund recently bought its first technology stock. During a brutal equity selloff in the first half, and with technology stocks particularly hard hit amid rate hikes, semiconductor …

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