Cloud Security Company Wiz Raises A Quarter of A Billion Dollars
The Israeli cloud security specialist Wiz has raised a capital of 250 million dollars. After the close of this Series C financing round, the company now has a valuation of six billion dollars. The Tel Aviv-based cloud security startup plans to invest its Series C proceeds in expanded support
Cyclone Hits China’s Coast, Exacerbating Supply Chain Problems
Tropical Storm Kompasu, which is hitting the coast in southern China, is causing further problems in the supply chain. Due to the storm, it is temporarily impossible to load and unload containers at the Yantian port in Shenzhen, the technology capital of China. The number of ships waiting to
Europe Examines Antitrust Case Over Teams in Office
The European Union is currently surveying competitors of Microsoft Teams. A sign that a competition lawsuit may be coming. According to Reuters, questionnaires have been sent to Teams competitors. Europe also wants to know whether the integration of Teams in Microsoft Office gives the former more weight in the
Samsung Profits from Sales of Foldable Smartphones
Samsung Electronics benefited from strong demand for its foldable smartphones in the third quarter. The South Korean group also managed to increase its profitability thanks to the high prices of computer chips. Samsung sold more than a million foldable phones in South Korea. The company launched its latest range
Democrats Appear to Agree to US Debt Ceiling Hike
Democrats and Republicans in the US Senate appear to be getting closer to an agreement on the level of the US debt ceiling. A proposal from Republican Senate faction Mitch McConnell was well received by Democrats on Wednesday, although it is still unclear whether they will approve. As a
How to Find and Hire Great Employees?
The first step when looking to employ a member of staff is to consider the type of employee that is needed and working out if the business can afford that. The company also needs to look at what the legal obligations are as an employer. Research and data-driven personal finance
Difficult Supplies Lead to Sharp Decline in German Factory Orders
German industry received far fewer new orders in August than a month earlier. This indicates that the material shortages and longer delivery times, which many companies have been struggling with for some time, also have significant consequences for the demand for new products. Demand fell by almost 8 percent,
Hurricane Ida Could Cost Insurers $30 Billion
The damage caused by Hurricane Ida in the southern United States in August could cost insurers as much as $30 billion, or $26 billion. That is according to the Swiss reinsurer Swiss Re. In addition, Ida caused extensive damage from strong winds and flooding in parts of the US.
Qatar to Build Four New Tankers for Transporting Natural Gas
Qatar has placed an order with a Chinese shipbuilder for four new tankers to transport liquefied natural gas (LNG). Qatar wants to respond to the strong demand for its natural gas. The Gulf State is the world’s largest exporter of LNG. The order from state-owned Qatar Petroleum has a
An Update Removes Kill Switch from PlayStation 4
The update makes the older game console less dependent on the PSN servers so that you can play games on it for longer. It seems that with the necessary care and maintenance, you will still be able to play your PS4 games well into the distant future. Earlier this
