Telecom Italia set to propose alternative to £9bn KKR takeover swoop March 1, 2022 Telecom Italia is gearing up to offer an alternative to US fund KKR's hefty €10.8bn (£9bn) takeover bid.
Toshiba boss resigns suddenly amid historic break-up plans March 1, 2022 Toshiba’s boss has suddenly resigned, as the company undergoes a significant restructuring. Satoshi Tsunakawa will be replaced by interim CEO Taro Shimada, amid reports that the plans to split the company had been met with opposition. The Japanese technology giant announced a historic break-up plan in mid-November, following pressure form activist investors to streamline operations. [...]
TikTok rolls out 10 minute videos as it closes in on YouTube March 1, 2022 TikTok is set to roll out videos of up to 10 minutes in length, as the Chinese tech firm closes in on competitors like YouTube.
Visa and Mastercard shut out Russian financial institutions from networks March 1, 2022 US card payment giants Visa and Mastercard have shut out Russian financial institutions from their payments networks after Western nations ramped up sanctions on Russian firms.
BBC bombarded by almost 400,000 spam emails and attacks every day March 1, 2022 The BBC were the target of nearly 50 million email attacks between October 1 2021 and the end of January 2022. This is according to official figures obtained via a Freedom of Information act (FOI) request, and analysed by a Parliament Street think tank. This means the BBC is facing an average of 383,278 email [...]
Lockheed Martin eyes the UK for £50m space base March 1, 2022 Lockheed Martin is looking to plant a £50m satellite base in the northeast, as the UK emerges as a global player in the space industry. The government’s ambition to grow the sector has caught the eye of the US aerospace and defence giant, as it seeks favourable market conditions. In a move which could create [...]
Telecom giants scrap roaming and international fees for fleeing Ukrainians February 28, 2022 More than a dozen telecom providers have shown their support for the Ukrainian people by offering free international calls and scrapping roaming fees, according to European telecoms lobbying group. European Telecommunications Network Operators’ Association (ETNO) said an internal survey showed at least 13 of its members have taken measures to help fleeing Ukrainians after Russia’s [...]
Following Google’s lead: Microsoft axes Russia Today and bans state-owned media ads February 28, 2022 Microsoft have stated in a blog post that it will be removing Russian state-owned media outlet RT’s mobile apps from the Windows App store, as well as cutting ads on Russian state-sponsored media. In a post, the tech giant said: “One of our principal and global responsibilities as a company is to help defend governments [...]
Arm boss pushes through management shake up as firm prepares for IPO February 28, 2022 The new boss of British chipmaker Arm has ordered a management shakeup that will see half of the firm’s top bosses culled as it heads for a major initial public offering (IPO) next year.
Airbnb vows to home 100k refugees as Ukraine crisis continues February 28, 2022 Airbnb announced it would offer free, temporary housing for up to 100,000 refugees fleeing Ukraine. Chief Executive Brian Officer Brian Chesky and Joe Gebbia, the chairman of the home rental company’s non-profit arm, said they have sent letters to leaders of Poland, Romania, Germany and Hungary offering help to house the refugees. Announcing the news via Twitter, [...]