The funding round saw Netskope’s valuation top more than $1 billion. The cloud-security firm will utilize the funds to expand its R&D, sales and data centers. Netskope, a cloud-security firm, said it has raised $169 million in its latest fundraiser which valued it at more than $1 billion. Netskope will channelize the funds to expand…
The high priority probes comes in the wake of yet another crash of a Boeing aircraft in Indonesia. Following the crash of a Lion Air jet in Indonesia last month, the U.S. Federal Aviation Administration has launched a high-priority probe of the safety analyses performed over the years by Boeing Co. The regulator has stated,…
The development underscores VW’s near-long term strategy post 2020. Volkswagen’s Chief Executive Herbert Diess told Automotive News, the carmaker is likely to build up to 50 million electric cars on its new electric vehicle platform. VW is also looking to expand its manufacturing footprint in the United States. “We set up the plant in Chattanooga…
Amazon is likely to announce the results of its headquarters search contest today. Amazon.com Inc is likely to announce that it has selected New York City and Northern Virginia as the sites for its second and third headquarters, said a report from the Wall Street Journal. Other cities may also receive major sites as part…
Turkey’s President Tayyip Erdogan has said the Germany, France and Britain has been handed over all of the recorded proof that was with the Turkish authorities in relation to the murder of veteran journalist Jamal Khashoggi. Analysts view this as a strategy by Turkey to keep up international pressure on Riyadh in the issue. Last…
China has for the first time granted permission to a credit card company from the United States for setting up its own payments network in the second largest economy of the world. This green light has been granted to American Express. Preliminary approval to handle payments in yuan has been granted to American Express by…
Vista Equity Partners is in the business of acquiring mostly software firms, sold Marketo, a marketing software firm to Adobe Inc for $4.75 billion in September 2018. Two years after going public, software company Apptio Inc has agreed to be acquired by private equity firm Vista Equity Partners for $1.94 billion. The all-cash deal sees…
French Finance Minister Bruno Le Maire is pushing for the deal so as to retain earnings of large tech companies who use clever strategies and tax loopholes to evade taxes. On Monday, French Finance Minister Bruno Le Maire stated, the European Union plans on introducing digital taxes for large internet firms such as Google and…
The partnership will extend Coronet’s expertise to millions of Dropbox users. Israeli cybersecurity firm Coronet has stated, it has entered into a partnership with Dropbox. The move brings millions of users within Coronet’s ambit of protection from possible hacker attacks. The partnership will see Coronet’s own security features merge with Dropbox’s own security settings, both…
Bank of England along with the finance ministry and the Financial Conduct Authority are slated to run a test today to gauge the resilience of the country’s financial sector against a major cyber attack. Britain’s central bank has disclosed, it will carry out a test on Friday to gauge the ability of the financial sector…
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