RedBird Capital Partners, a private equity firm, and International Media Investments, a funder with connections to the government of the United Arab Emirates, are betting that Zucker's record in the media industry will help him zero in on promising investments in digital media, sports, entertainment and news.
Weak macroeconomics, slowing demand, falling client addition prompting firms in technology cohort to put the brakes on hiring
This, however, does not mean that their growth over the next 18 months is immune to global shocks. Market researchers expect the Indian companies to ride over difficult times backed by strong balance sheets and execution prowess.
Swiss authorities are investigating a cyber attack on the IT company Xplain, whose clients include many federal and cantonal government departments, including the army and customs.
Online consumers alleged "social casino" games developed by the defendants "constitute unlawful gambling under Washington's gambling laws." The settlement was the latest in a series of related cases.
Michael McCaul, who heads the House Foreign Affairs Committee, and Mike Gallagher, chairman of the House select committee on the Chinese Communist Party, sent a letter to US Commerce Secretary Gina Raimondo urging the administration to take action after China targeted the biggest US memory chip maker.
The aftermath of Covid-19 and the subsequent moratorium on loan repayments burnt a massive hole in the loan books of lenders. While the large players managed their books somehow, fintech non-banking financial companies (NBFC) have grappled with ballooning non-performing assets (NPAs).